Rattler Midstream LP (RTLR)
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Chart Events
Performance Outlook
| Previous Close | 14.59 |
| Open | 14.72 |
| Bid | 14.61 x 1100 |
| Ask | 14.75 x 1100 |
| Day's Range | 14.26 - 15.02 |
| 52 Week Range | 9.51 - 15.19 |
| Volume | |
| Avg. Volume | 571,166 |
| Market Cap | 582.226M |
| Beta (5Y Monthly) | 3.37 |
| PE Ratio (TTM) | 17.58 |
| EPS (TTM) | 0.83 |
| Earnings Date | Feb 22, 2022 - Feb 28, 2022 |
| Forward Dividend & Yield | 1.20 (9.58%) |
| Ex-Dividend Date | May 12, 2022 |
| 1y Target Est | 14.56 |
- Motley Fool
Why Rattler Midstream Stock Jumped Today
Shares of Rattler Midstream (NASDAQ: RTLR) popped 14% on Monday after the midstream oil and gas company agreed to be acquired by Diamondback Energy (NASDAQ: FANG). Diamondback created Rattler Midstream in 2018 to house its energy-focused infrastructure assets. Now, however, Diamondback CEO and Rattler general partner Travis Stice says the two businesses will be better served by operating under one corporate shell.
- Barrons.com
Diamondback Energy Agrees to Buy Rattler Midstream for $2.2 Billion
Rattler Midstream shares soared on Monday after the company announced that it had been acquired by Diamondback Energy in an all-stock deal that values Rattler at about $2.2 billion. Under terms of the deal, Diamondback (ticker: FANG) will provide 0.113 of its shares for each Rattler (RTLR) share outstanding that it doesn’t already own. Based on Friday’s closing prices, the exchange ratio implies a premium of 17.3% for each share of Rattler, which is a midstream energy assets limited partnership formed by Diamondback, the company said in a statement.
- MarketWatch
Diamondback Energy to buy Rattler Midstream in a stock deal valuing Rattler at about $2.2 billion
Rattler Midstream L.P. announced Monday a deal to be acquired by Diamondback Energy Inc. in an all-stock deal that values Rattler at about $2.20 billion. Under terms of the deal, Diamondback will provide 0.113 of its shares for each Rattler share outstanding that it doesn't already own. Based on Friday's closing prices, each share of Rattler, which is a midstream energy assets limited partnership formed by Diamondback, at about $15.08, which represents a 17% premium. Rattler's stock was still in
