Rattler Midstream LP
RTLRDelisted Aug 24, 2022- Industry
- Natural Gas Transmission
- SEC CIK
- 0001748773
Rattler Midstream LP was delisted on Aug 24, 2022; its insiders filed their last Form 4 on Aug 24, 2022; 78 institutions reported holding it in 13F filings for Q2 2022, worth $383.9M in total; Harris Associates (Oakmark) was the only superinvestor holding it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 2:10 PM ET
Revenue flow, FY2021
Where the revenue went in FY2021, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2021 | FY2020 | FY2019 |
|---|---|---|---|
| Period end | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
| Filing | 10-K | 10-K | 10-K |
| Reported | Feb 23, 2022 | Feb 24, 2021 | Feb 18, 2020 |
| Revenue | $396.3M | $423.9M | $447.7M |
| Gross profit | – | $188.6M | $225.7M |
| Selling, general and administrative | $21.6M | $16.4M | $12.7M |
| Operating income | $168.6M | $182.1M | $219.3M |
| Income tax | $10.5M | $10.2M | $26.3M |
| Net income | $36.8M | $34.7M | $185.7M |
| EPS, basic | $0.86 | $0.74 | – |
| EPS, diluted | $0.86 | $0.74 | – |
| Weighted shares, basic | 40.7M | 43.7M | 43.6M |
| Weighted shares, diluted | 40.7M | 43.7M | 43.6M |
| Margins and growth | |||
| Gross margin | – | 44.5% | 50.4% |
| Operating margin | 42.5% | 43.0% | 49.0% |
| Net margin | 9.3% | 8.2% | 41.5% |
| Revenue growth, year over year | −6.5% | −5.3% | – |
| Net income growth, year over year | +6.0% | −81.3% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2021 | FY2020 | FY2019 |
|---|---|---|---|
| Period end | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
| Filing | 10-K | 10-K | 10-K |
| Reported | Feb 23, 2022 | Feb 24, 2021 | Feb 18, 2020 |
| Cash and equivalents | $19.9M | $23.9M | $10.6M |
| Accounts receivable | $9.41M | $5.66M | $9.07M |
| Inventory | $13.1M | $10.1M | $14.3M |
| Total current assets | $101.7M | $98.3M | $85.7M |
| Property, plant and equipment | $1.05B | $997.9M | $958.1M |
| Intangible assets | $3.65M | $4.26M | $8.07M |
| Total assets | $1.92B | $1.81B | $1.64B |
| Accounts payable | $8.45M | $139.0K | $147.0K |
| Total current liabilities | $48.9M | $43.4M | $77.4M |
| Long-term debt | $688.0M | $569.9M | $424.0M |
| Total liabilities | $753.8M | $628.5M | $520.6M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2021 | FY2020 | FY2019 |
|---|---|---|---|
| Period end | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
| Filing | 10-K | 10-K | 10-K |
| Reported | Feb 23, 2022 | Feb 24, 2021 | Feb 18, 2020 |
| Operating cash flow | $248.1M | $229.9M | $218.2M |
| Capital expenditures | $32.2M | – | – |
| Free cash flow | $215.9M | – | – |
| Depreciation and amortization | $49.2M | $53.1M | $42.3M |
| Stock-based compensation | $9.84M | $8.89M | $5.21M |
| Dividends paid | $36.5M | $46.9M | $14.9M |
| Share buybacks | $47.6M | $14.7M | – |
| Investing cash flow | -$183.3M | -$180.8M | -$578.4M |
| Financing cash flow | -$68.8M | -$35.8M | $362.2M |
| Net change in cash | -$4.03M | $13.3M | $2.07M |
| Ratio | |||
| Stock-based compensation, % of revenue | 2.5% | 2.1% | 1.2% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Apr 29, 2022 | 38.1M | −6.4% | SEC |
| Feb 18, 2022 | 38.1M | −8.3% | SEC |
| Oct 29, 2021 | 39.9M | −9.3% | SEC |
| Jul 30, 2021 | 40.8M | −7.3% | SEC |
| Apr 30, 2021 | 40.8M | −6.7% | SEC |
| Feb 19, 2021 | 41.6M | −4.8% | SEC |
| Oct 30, 2020 | 44.0M | +0.7% | SEC |
| Jul 31, 2020 | 44.0M | +0.7% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.