Information Provided By: 
Fly News Breaks for June 17, 2019
FANG, RTLR
Jun 17, 2019 | 09:28 EDT
As previously reported, Northland analyst Jeff Grampp started coverage of Rattler Midstream (RTLR) with an Outperform rating and $24 price target. The analyst notes the company has a "strong" organic growth outlook that he believes is relatively low-risk given parent Diamondback Energy's (FANG) operational track record, low-cost operations and healthy balance sheet. Grampp also likes its current 5.2% dividend yield with 15% expected growth.
News For RTLR;FANG From the Last 2 Days
FANG
Apr 23, 2024 | 09:58 EDT
Stifel raised the firm's price target on Diamondback Energy to $229 from $224 and keeps a Buy rating on the shares. The firm is updating its commodity estimates ahead of Q1 earnings to reflect strip prices through 2026 and revising its production and capital forecasts to reflect discussions with management, the analyst tells investors. Despite elevated valuations, oil and gas macro tailwinds continue to support sector outperformance, the firm adds.
