Rattler Midstream LP (RTLR) Update - Oct 11

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

Rattler Midstream LP (RTLR) Update - Oct 11

Post by dan_s »

We sent out an email this morning with a link to my profile on Rattler, a recent addition to our High Yield Income Portfolio.

I just noticed an error in the email. The first bullet point says "Rattler was founded by Diamondback Energy (FANG), one of the "Elite Eight" in our High Yield Income Portfolio." < Diamondback Energy is in the Sweet 16.

Diamondback is a "Aggressive Growth" company, which is very good news for the unitholders of Rattler because Diamondback's drilling program and rapidly increasing production will cause Rattler's revenues and DCF to go up.

Rattler has elected to be taxed as a C-Corp.
Dan Steffens
Energy Prospectus Group
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