Current RTLR Stock Info

By Tyler Losier, Energy Reporter, Oil & Gas 360

 
Rattler Midstream raises $665 in gross proceeds
Diamondback Energy, Inc. (stock ticker: FANG) subsidiary Rattler Midstream LP (stock ticker: RTLR) priced its upsized initial public offering this Wednesday, offering up 38,000,000 shares to the public at a price of $17.50 per common unit.

This represents a 4,666,667 unit increase from the originally proposed offering of 33,333,333.

Source: Diamondback Energy Investor Presentation

 

The offering will net Rattler $665 million in total gross proceeds, representing the largest energy sector IPO of 2019 to date.

Other IPOs this year include Brigham Minerals (stock ticker: MNRL) in April and New Fortress Energy (st...


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