Rattler Midstream LP (RTLR) Income Statement Analysis

See more : Jenoptik AG (0ZPV.L) Income Statement Analysis – Financial Results

Complete financial analysis of Rattler Midstream LP (RTLR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Rattler Midstream LP, a leading company in the Oil & Gas Midstream industry within the Energy sector.

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Rattler Midstream LP (RTLR)

Industry: Oil & Gas Midstream

Sector: Energy

Website: https://www.rattlermidstream.com

About Rattler Midstream LP

Rattler Midstream LP owns, operates, develops, and acquires midstream and energy-related infrastructure assets in the Midland and Delaware Basins of the Permian Basin. The company provides crude oil and water-related midstream services. As of December 31, 2021, it owned and operated 866 miles of crude oil, sourced water, and produced water gathering pipelines on acreage that overlays Diamondback Energy, Inc.'s core Midland and Delaware Basin development areas. Rattler Midstream GP LLC serves as the general partner of the company. The company was formerly known as Rattler Midstream Partners LP. The company was incorporated in 2018 and is based in Midland, Texas. Rattler Midstream LP is a subsidiary of Diamondback Energy, Inc.

Metric	2021	2020	2019	2018	2017	2016
Revenue	396.34M	423.91M	447.67M	184.47M	39.30M	10.61M
Cost of Revenue	197.82M	225.25M	214.15M	99.57M	14.04M	3.39M
Gross Profit	198.52M	198.66M	233.53M	84.90M	25.25M	7.22M
Gross Profit Ratio	50.09%	46.86%	52.16%	46.02%	64.26%	68.07%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	21.61M	16.37M	12.66M	2.00M	1.27M	208.00K
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	21.61M	16.37M	12.66M	2.00M	1.27M	208.00K
Other Expenses	8.33M	223.80M	211.50M	0.00	0.00	0.00
Operating Expenses	29.94M	16.37M	12.66M	2.00M	1.27M	208.00K
Cost & Expenses	227.76M	241.61M	226.81M	101.57M	15.31M	3.60M
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	0.00	0.00	1.04M	0.00	0.00	0.00
Depreciation & Amortization	49.20M	53.50M	37.53M	25.13M	3.49M	873.00K
EBITDA	226.10M	235.41M	255.35M	105.45M	27.47M	7.89M
EBITDA Ratio	57.05%	55.58%	57.38%	57.17%	73.39%	80.71%
Operating Income	168.58M	182.10M	219.34M	80.32M	23.99M	7.01M
Operating Income Ratio	42.53%	42.96%	49.00%	43.54%	61.04%	66.11%
Total Other Income/Expenses	5.72M	-27.17M	-7.37M	0.00	1.37M	676.00K
Income Before Tax	174.30M	154.93M	211.97M	80.32M	25.35M	7.69M
Income Before Tax Ratio	43.98%	36.55%	47.35%	43.54%	64.52%	72.48%
Income Tax Expense	10.53M	10.23M	26.25M	17.36M	4.69M	2.76M
Net Income	200.55M	144.71M	185.72M	62.96M	20.67M	4.93M
Net Income Ratio	50.60%	34.14%	41.49%	34.13%	52.59%	46.46%
EPS	0.86	3.31	4.26	0.43	0.14	0.03
EPS Diluted	0.86	3.31	4.26	0.43	0.14	0.03
Weighted Avg Shares Out	40.68M	43.74M	43.62M	147.70M	149.13M	149.13M
Weighted Avg Shares Out (Dil)	40.68M	43.74M	43.62M	147.70M	149.13M	149.13M

Rattler Midstream LP: 8% Yield, Outperforming, Strong Q2 Growth, No K-1

October 17, 2021seekingalpha.com

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.

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Schedules Third Quarter 2021 Conference Call for November 4, 2021

September 28, 2021globenewswire.com

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 3, 2021 after...

Midstream Buybacks Gain Traction on Free Cash Flow Recovery

September 15, 2021zacks.com

The favorable macro environment has helped midstream energy operators like MPLX, PAA, and MMP to generate significant "excess cash", which they have been using to increase stockholder returns through buybacks.

Rattler Midstream: Here Comes The Distribution Again

September 6, 2021seekingalpha.com

The distribution increased to $1 annual rate. Common Unit buybacks make less economic sense.

Rattler Midstream: Big Dividend Increase With Even More To Follow

August 28, 2021seekingalpha.com

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...

Rattler Midstream LP (RTLR) CEO Travis Stice on Q2 2021 Results - Earnings Call Transcript

August 7, 2021seekingalpha.com

Rattler Midstream LP (RTLR) CEO Travis Stice on Q2 2021 Results - Earnings Call Transcript

Rattler Midstream (RTLR) Lags Q2 Earnings and Revenue Estimates

August 4, 2021zacks.com

Rattler Midstream (RTLR) delivered earnings and revenue surprises of -22.22% and -1.47%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Schedules Second Quarter 2021 Conference Call for August 5, 2021

June 30, 2021globenewswire.com

MIDLAND, Texas, June 30, 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 second quarter 2021 financial results on August 4, 2021 after...