▼ -9.59% Downside Potential
This price target is based on 13 analysts offering 12 month price targets for Rattler Midstream in the last 3 months. The average price target is $9.90, with a high forecast of $13.00 and a low forecast of $7.00. The average price target represents a -9.59% upside from the last price of $10.95.
The current consensus among 13 investment analysts is to hold stock in Rattler Midstream.
Rattler Midstream LP owns, operates, develops, and acquires midstream infrastructure assets in the Midland and Delaware Basins of the Permian Basin in West Texas. The company operates in two segments, Midstream Services and Real Estate Operations. It provides crude oil, natural gas, and water-related midstream services. As of December 31, 2019, the company owned and operated 867 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system on acreage that overlays Diamondback's seven core Midland and Delaware Basin development areas. It also rents real estate properties. Rattler Midstream GP LLC serves as the general partner of the company. The company was formerly known as Rattler Midstream Partners LP. The company is based in Midland, Texas. Rattler Midstream LP is a subsidiary of Diamondback Energy, Inc.