RATTLER MIDSTREAM LP

rattlermidstream.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2022 10-Q, filed Aug 3, 2022. Its latest SEC filing is a SC 13G/A from Feb 14, 2023.

The sections below describe the company as of the FY2021 annual report.

How Did They Make Money?

FY2021 revenue

Did Revenues Turn Into Profits?

Yes. It kept 9 cents of every revenue dollar as net income in FY2021 and turned 54 cents into free cash flow.

Operating income, FY2021

43% of revenue

▼ −7% vs FY2020 ($182.1M, 43%)

Net income, FY2021

9% of revenue

▲ +6% vs FY2020 ($34.7M, 8%)

Free cash flow, FY2021

54% of revenue

▲ +132% vs FY2020 ($93.1M, 22%)

How Were They Changing?

Since the FY2021 annual report

Latest quarter: Q2 FY2022, the three months to Jun 30, 2022

Revenue: ▲ +3%; vs $101.1M in Q2 FY2021
Net income: ▼ −4%; vs $12.4M in Q2 FY2021

Grew. Revenue grew 10.1x in 4 years, from $39.3M in FY2017 to $396.3M in FY2021, about 78% a year.

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