RTLR News and Press, Rattler Midstream LP From 11/03/21

MIDLAND, Texas, Nov. 03, 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 thir...

MIDLAND, Texas, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that Rattler Midstream Operating LLC entered into a definitive purchase agr...

RTLR yields 7.7%, with a conservative 19.78% Free Cash Flow Payout Ratio. It has several new projects online in 2021, with capex quickly winding down, which will pump up its Free Cash Flow. It has outperformed the market, but still looks undervalued vs. midstream averages. F...

MIDLAND, Texas, Oct. 12, 2021 (GLOBE NEWSWIRE) -- On October 5, 2021 Rattler Midstream LP (NASDAQ: RTLR) (“Rattler”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), and a private affiliate of an investment fund, completed an acquisition ...

MIDLAND, Texas, Sept. 28, 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 third quarter 2021 financial results on November ...

The distribution increased to $1 annual rate. Common Unit buybacks make less economic sense. The accumulating cash may be used to finance dropdowns from Diamondback Energy. The joint ventures will finally generate more cash than they need for investments. Diamondback will ...

The small and relatively underfollowed Rattler Midstream has rewarded their unitholders with an impressive 25% increase to their already high-yielding distributions. After a rough first quarter of 2021, they saw very strong performance during the second quarter with their operating ca...

The company reported a second quarter of 2021 adjusted earnings of $2.40 per share, beating analysts' expectations. It was a solid oil equivalent production this quarter of 401.451K Boepd sold at a record oil composite price of $45.63 per Boe compared with $15.39 a year ago. The i...

Led by G&Ps and natural gas pipeline operators, midstream names delivered strong 2Q21 results that largely beat expectations and led to improving outlooks in 2021 and 2022. Strong free cash flows drove higher buyback activity for a combined $302 million spent on repurchases in 2Q2...

For the Alerian Midstream Energy Index (AMNA), a broad midstream composite index containing both MLPs and C-Corps, 35 of 36 dividend-paying constituents raised or maintained their payouts sequentially. For the Alerian MLP Index (AMZ), 25 of 26 distribution-paying constituents raised o...