Rattler Midstream LP (Nasdaq:RTLR)
June 13th, 2019
With markets going up Rattler Midstream LP closed the day up $0.09 Thursday which equals a 0.46% increase, closing at $19.45. Furthermore it hit a new 52 week high of $19.67. While it is positive news the stock ended higher, the trading volumes were only 32.00% of normal which could be an indication of investor uncertainty.
RTLR was outperformed by the rest of the Energy sector which went up 1.25%.
The market sectors were mixed Thursday with a majority of the sectors trending up. Energy saw the biggest increase of the day (1.25%), while the Healthcare sector saw the biggest drop (-0.11%). Information Technology has seen the biggest year-to-date gain of 23.06%.
Utilities saw the biggest turn-around compared to its 5-day performance (-0.31%), as it went up by 0.15%. Healthcare saw a turn-around from its 5-day performance of 2.18% trading down -0.11%.
- Energy, up 1.25%.
- Communication Services, up 1.14%.
- Consumer Discretionary, up 0.90%.
- Materials, up 0.58%.
- Industrials, up 0.54%.
- Financials, up 0.23%.
- Information Technology, up 0.22%.
- Utilities, up 0.15%.
- Consumer Staples, up 0.11%.
- Real Estate, up 0.09%.
- Healthcare, down -0.11%.
Rattler Midstream LP Info
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 provides crude oil, natural gas, and water-related midstream services to Diamondback Energy, Inc. It owns and operates 528 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system on acreage that overlays Diamondback’s six core Midland and Delaware Basin development areas. The company was formerly known as Rattler Midstream Partners LP. Rattler Midstream LP is based in Midland, Texas.
All amounts in USD unless otherwise indicated
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