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. The company was incorporated in 2018 and is based in Midland, Texas. Rattler Midstream LP is a subsidiary of Diamondback Energy, Inc.
IPO Year: 2019
Exchange: NASDAQ
Website: rattlermidstream.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/16/2022 | $17.00 → $14.00 | Overweight → Equal Weight | Wells Fargo |
| 5/2/2022 | $15.00 | Hold | Truist |
| 3/7/2022 | $13.00 → $14.00 | Neutral | Credit Suisse |
| 2/25/2022 | $14.00 → $15.00 | Outperform | Raymond James |
| 11/12/2021 | $12.00 → $13.00 | Neutral | Credit Suisse |
| 8/13/2021 | $12.00 → $11.00 | Equal-Weight → Underweight | Barclays |