RTLR News and Press, Rattler Midstream LP From 02/24/21

Rattler Midstream Partners (RTLR) declares $0.20/share quarterly dividend, in line with previous.Forward yield 7.07%Payable March 15; for shareholders of record March 8; ex-div March 5.See RTLR Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Rattler Mids...

Rattler Midstream Partners (RTLR): Q4 Non-GAAP EPS of $0.22 misses by $0.04; GAAP EPS of $0.21 misses by $0.09.Revenue of $109.24M (-12.8% Y/Y) beats by $10.06M.Press Release For further details see: Rattler Midstream Partners EPS misses by $0.04, beats on revenue

MIDLAND, Texas, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced financial and operating results for the four...

RTLR yields 7.93%, with good 1.37X free cash flow dividend coverage. Free cash flow should boom in 2021 - major capex already is invested - this will further strengthen dividend coverage. Management began a $100M buyback program in Q4 '20 - that's over 20% of RTLR's float. Alt...

MIDLAND, Texas, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans to release fourth quarter 2020 financial results on February ...

Midstream broke a 4-week losing streak and rang in the new year with a bang, rallying 7-8% across the midstream indexes. After this week, midstream indexes are back near where they peaked in early December. Weakness the last four weeks may have been due to positioning and hesitation t...

After macro headwinds dominated 2020, could company-level improvements and a macro recovery support midstream in 2021? A few names have begun to offer financial guidance for this year, which helps to frame the sector’s stability going forward. Independent of oil and natural...

The recovery has begun for this company. Some drilling locations are profitable at WTI $35. Both the midstream and the royalty company are profitable and healthy. The long haul pipeline projects gave this company access to Brent pricing. Most of the wells actually break ev...

The distribution was cut to enable a common unit repurchase program. Leverage should remain around 2. The lower distribution is well covered with good prospects of recovery to former levels and higher. The market reception of this unusual strategy change remains to be seen. ...

Midstream MLPs, as measured by the Alerian MLP Index (AMZ), ended November up 21.7% on a price basis and up 23.8% once distributions are considered. MLP yield spreads, as measured by the AMZ yield relative to the 10-year US Treasury bond, narrowed by 278 basis points (bps) over the mo...