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How to buy Rattler Midstream stock | $9.73

Own Rattler Midstream stock in just a few minutes.

Fact checked

Rattler Midstream LP is an oil & gas midstream business based in the US. Rattler Midstream shares (RTLR) are listed on the NASDAQ and all prices are listed in US Dollars.

How to buy shares in Rattler Midstream

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Rattler Midstream. Find the stock by name or ticker symbol: RTLR. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Rattler Midstream reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$9.73, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Rattler Midstream, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Rattler Midstream. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Rattler Midstream share price

Use our graph to track the performance of RTLR stocks over time.

Rattler Midstream shares at a glance

Information last updated 2021-01-12.
Latest market closeUSD$9.73
52-week rangeUSD$2.632 - USD$15.5079
50-day moving average USD$9.4682
200-day moving average USD$7.98
Wall St. target priceUSD$9.96
PE ratio 13.4392
Dividend yield USD$0.8 (7.91%)
Earnings per share (TTM) USD$0.724

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Rattler Midstream stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Rattler Midstream price performance over time

Historical closes compared with the close of $9.73 from 2021-01-11

1 week (2021-01-08) 1.04%
1 month (2020-12-15) -2.01%
3 months (2020-10-15) 41.01%
6 months (2020-07-15) 20.87%
1 year (2020-01-15) -42.36%
2 years (2019-01-12) N/A
3 years (2018-01-12) N/A
5 years (2016-01-12) N/A

Is Rattler Midstream under- or over-valued?

Valuing Rattler Midstream stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Rattler Midstream's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Rattler Midstream's P/E ratio

Rattler Midstream's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Rattler Midstream shares trade at around 13x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Rattler Midstream's EBITDA

Rattler Midstream's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$245.3 million.

The EBITDA is a measure of a Rattler Midstream's overall financial performance and is widely used to measure a its profitability.

Rattler Midstream financials

Revenue TTM USD$440 million
Operating margin TTM 45.28%
Gross profit TTM USD$275.9 million
Return on assets TTM 7.99%
Return on equity TTM 13.7%
Profit margin 8.53%
Book value $16.95
Market capitalisation USD$1.5 billion

TTM: trailing 12 months

Shorting Rattler Midstream shares

There are currently 514,804 Rattler Midstream shares held short by investors – that's known as Rattler Midstream's "short interest". This figure is 24.2% down from 679,000 last month.

There are a few different ways that this level of interest in shorting Rattler Midstream shares can be evaluated.

Rattler Midstream's "short interest ratio" (SIR)

Rattler Midstream's "short interest ratio" (SIR) is the quantity of Rattler Midstream shares currently shorted divided by the average quantity of Rattler Midstream shares traded daily (recently around 565718.68131868). Rattler Midstream's SIR currently stands at 0.91. In other words for every 100,000 Rattler Midstream shares traded daily on the market, roughly 910 shares are currently held short.

However Rattler Midstream's short interest can also be evaluated against the total number of Rattler Midstream shares, or, against the total number of tradable Rattler Midstream shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Rattler Midstream's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Rattler Midstream shares in existence, roughly 0 shares are currently held short) or 0.0117% of the tradable shares (for every 100,000 tradable Rattler Midstream shares, roughly 12 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Rattler Midstream.

Find out more about how you can short Rattler Midstream stock.

Rattler Midstream share dividends

Dividend payout ratio: 118.89% of net profits

Recently Rattler Midstream has paid out, on average, around 118.89% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.91% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Rattler Midstream shareholders could enjoy a 7.91% return on their shares, in the form of dividend payments. In Rattler Midstream's case, that would currently equate to about $0.8 per share.

Rattler Midstream's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Rattler Midstream's most recent dividend payout was on 23 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 13 November 2020 (the "ex-dividend date").

Rattler Midstream overview

Rattler Midstream LP owns, operates, develops, and acquires midstream infrastructure assets in the Midland and Delaware Basins of the Permian Basin in West Texas. The company operates in two segments, Midstream Services and Real Estate Operations. It provides crude oil, natural gas, and water-related midstream services. As of December 31, 2019, the company owned and operated 867 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system on acreage that overlays Diamondback's seven core Midland and Delaware Basin development areas. It also rents real estate properties. Rattler Midstream GP LLC serves as the general partner of the company. The company was formerly known as Rattler Midstream Partners LP. The company is based in Midland, Texas. Rattler Midstream LP is a subsidiary of Diamondback Energy, Inc.

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