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
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- Research the stock. Find the stock by name or ticker symbol – RTLR – and research it before deciding if it's a good investment for you.
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- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
Rattler Midstream stock price (NASDAQ: RTLR)Use our graph to track the performance of RTLR stocks over time.
Rattler Midstream shares at a glance
|Latest market close||$10.54|
|52-week range||$5.20 - $11.98|
|50-day moving average||$10.78|
|200-day moving average||$10.73|
|Wall St. target price||$12.33|
|Dividend yield||$0.89 (8.48%)|
|Earnings per share (TTM)||$0.59|
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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
|1 week (2021-07-24)||N/A|
|1 month (2021-07-02)||-5.64%|
|3 months (2021-05-04)||-5.98%|
|6 months (2021-01-31)||N/A|
|1 year (2020-07-31)||N/A|
|2 years (2019-07-31)||N/A|
|3 years (2018-07-31)||N/A|
|5 years (2016-07-31)||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 18x. In other words, Rattler Midstream shares trade at around 18x 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 $212.5 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||$393.3 million|
|Operating margin TTM||41.87%|
|Gross profit TTM||$251.8 million|
|Return on assets TTM||5.98%|
|Return on equity TTM||10.11%|
|Market capitalisation||$1.5 billion|
TTM: trailing 12 months
Shorting Rattler Midstream shares
There are currently 573,834 Rattler Midstream shares held short by investors – that's known as Rattler Midstream's "short interest". This figure is 3.2% up from 555,783 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 149435.9375). Rattler Midstream's SIR currently stands at 3.84. In other words for every 100,000 Rattler Midstream shares traded daily on the market, roughly 3840 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 0.0145% of the tradable shares (for every 100,000 tradable Rattler Midstream shares, roughly 15 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: 1.53% of net profits
Recently Rattler Midstream has paid out, on average, around 1.53% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.8% 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 7.8% return on their shares, in the form of dividend payments. In Rattler Midstream's case, that would currently equate to about $0.89 per share.
While Rattler Midstream's payout ratio might seem low, this can signify that Rattler Midstream is investing more in its future growth.
Rattler Midstream's most recent dividend payout was on 20 May 2021. The latest dividend was paid out to all shareholders who bought their shares by 12 May 2021 (the "ex-dividend date").
Rattler Midstream share price volatility
Over the last 12 months, Rattler Midstream's shares have ranged in value from as little as $5.2022 up to $11.98. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Rattler Midstream's is 4.2797. This would suggest that Rattler Midstream's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Rattler Midstream overview
Rattler Midstream LP owns, operates, develops, and acquires midstream and energy-related 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, 2020, the company owned and operated 927 miles of crude oil, natural gas, sourced water and produced water gathering pipelines 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.
Stocks similar to Rattler Midstream
Rattler Midstream in the news
Diamondback Energy, Inc. Announces Second Quarter 2021 Financial and Operating Results
Rattler Midstream assumed with an Overweight at JPMorgan
Rattler Midstream (RTLR) Earnings Expected to Grow: Should You Buy?
Frequently asked questionsWhat percentage of Rattler Midstream is owned by insiders or institutions?
Currently 3.487% of Rattler Midstream shares are held by insiders and 89.998% by institutions. When does the fiscal year end for Rattler Midstream?
Rattler Midstream's fiscal year ends in December. Where is Rattler Midstream based?
Rattler Midstream's address is: 500 West Texas Avenue, Midland, TX, United States, 79701 What is Rattler Midstream's ISIN number?
Rattler Midstream's international securities identification number is: US75419T1034
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