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Rattler Midstream: 2Q Earnings Snapshot

August 6, 2019

MIDLAND, Texas (AP) _ Rattler Midstream LP (RTLR) on Tuesday reported second-quarter earnings of $4.8 million.

On a per-share basis, the Midland, Texas-based company said it had net income of 11 cents.

The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share.

The oil and natural gas services provider posted revenue of $111.8 million in the period, which topped Street forecasts. Five analysts surveyed by Zacks expected $96.8 million.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RTLR at https://www.zacks.com/ap/RTLR

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