Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Reports Third Quarter 2021 Financial and Operating Results and Strategic Transactions
Rattler Midstream LP - Common Units Representing Limited Partnership Interests (RTLR)
Last rattler midstream lp - common units representing limited partnership interests earnings: 2/18 04:01 pm
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Source: GlobeNewswire
MIDLAND, Texas, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced financial and operating results for the third quarter ended September 30, 2021. THIRD QUARTER 2021 HIGHLIGHTS Q3 2021 consolidated net income (including non-controlling interest) of $38.9 millionQ3 2021 consolidated Adjusted EBITDA (as defined and reconciled below) of $75.0 millionQ3 2021 cash flow provided by operating activities of $57.4 million; Q3 2021 Operating Cash Flow Before Working Capital Changes (as defined and reconciled below) of $66.4 millionQ3 2021 cash operated capital expenditures of $6.4 millionQ3 2021 consolidated Free Cash Flow (as defined and reconciled below) of $59.5 million; Q3 2021 Recurring Free Cash Flow (as defined and reconciled below) of $60.0 millionBoard of Directors of Rattler's general partner approved a cash distribution for the third quarter of
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