Rattler Midstream Continues The Growth Story While Raising The Distribution [Seeking Alpha]
Diamondback Energy, Inc. (FANG)
Last diamondback energy, inc. earnings: 2/18 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.diamondbackenergy.com
Company Research
Source: Seeking Alpha
onurdongel/E+ via Getty ImagesRattler Midstream (NASDAQ:RTLRpartial restorationthan $300 million for the fiscal year. But then guided to adjusted EBITDA of at least $320 million in the future. There were also some common units purchased in the latest quarter. All the time this is going on, management plans to keep the key debt ratio at 2.0 under the guidance.Most know that the major customer, Diamondback Energy is investment grade. Therefore, the financial strength of the subsidiary is effectively capped at a decent rating because of the rating of the major customer (and parent company). This is an unusually sound company that offers investors both growth and a very lucrative distribution for the current fiscal year.I follow a lot of midstream companies. No midstream company I follow has a debt ratio this low. Midstream companies are often thought of as the utility companies of the oil and gas industry. This company has the additional advantage of an investment grade parent company th
Show less
Read more
Impact Snapshot
Event Time:
FANG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FANG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FANG alerts
High impacting Diamondback Energy, Inc. news events
Weekly update
A roundup of the hottest topics
FANG
News
- This is How to Play Diamondback (FANG) Ahead of Q1 Earnings [Yahoo! Finance]Yahoo! Finance
- ConocoPhillips: About That Extra Mile [Seeking Alpha]Seeking Alpha
- Diamondback Energy, Inc. (NASDAQ: FANG) had its price target raised by analysts at Stifel Nicolaus from $224.00 to $229.00. They now have a "buy" rating on the stock.MarketBeat
- 2024 races to a record start with $51B in upstream M&A [Yahoo! Finance]Yahoo! Finance
- US oil and gas M&A hits quarterly record after blockbuster 2023 [Yahoo! Finance]Yahoo! Finance
FANG
Earnings
- 2/20/24 - Beat
FANG
Sec Filings
- 4/18/24 - Form DEFA14A
- 4/18/24 - Form 8-K
- 4/18/24 - Form DEFA14A
- FANG's page on the SEC website