Rattler Midstream LP

Rattler Midstream LPverified

RTLR

Price:

$15.22

Market Cap:

$2.23B

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 subs...[Read more]

Industry

Oil & Gas Midstream

IPO Date

2019-05-23

Stock Exchange

NASDAQ

Ticker

RTLR

The Current Ratio as of December 2024 (TTM) for Rattler Midstream LP (RTLR) is 2.08

According to Rattler Midstream LP’s latest financial reports and current stock price. The company's current Current Ratio is 2.08. This represents a change of -7.68% compared to the average of 2.25 of the last 4 quarters.

Rattler Midstream LP (RTLR) Historical Current Ratio (quarterly & annually)

How has RTLR Current Ratio performed in the past?

The mean historical Current Ratio of Rattler Midstream LP over the last ten years is 25.01. The current 2.08 Current Ratio has changed 730.96% with respect to the historical average. Over the past ten years (40 quarters), RTLR's Current Ratio was at its highest in in the December 2017 quarter at 16.76. The Current Ratio was at its lowest in in the March 2001 quarter at 0.

Quarterly (TTM)
Annual

Average

25.01

Median

2.17

Minimum

0.66

Maximum

127.19

Rattler Midstream LP (RTLR) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Rattler Midstream LP Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 104.15%

Maximum Annual Current Ratio = 127.19

Minimum Annual Increase = -96.04%

Minimum Annual Current Ratio = 0.66

Quarterly (TTM)
Annual
YearCurrent RatioChange
20212.08-8.11%
20202.26104.15%
20191.1166.91%
20180.66-96.04%
201716.76-86.83%

Rattler Midstream LP (RTLR) Average Current Ratio

How has RTLR Current Ratio performed in the past?

The current Current Ratio of Rattler Midstream LP (RTLR) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.82

5-year avg

4.57

10-year avg

25.01

Rattler Midstream LP (RTLR) Current Ratio vs. Peers

How is RTLR’s Current Ratio compared to its peers?

Rattler Midstream LP’s Current Ratio is

CompanyCurrent RatioMarket cap

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