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RATTLER MIDSTREAM LP (RTLR)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21Dec-31-20Sep-30-20
   10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q
Revenues:          
Revenues  104.4103.599.896.6101.198.8109.296.5
            Revenues growth  3.2%4.7%-8.6%0.0%14.0%-23.6%-12.8%-16.4%
Costs and expenses:          
Direct operating expenses  21.221.621.822.326.332.530.031.2
Cost of goods sold (exclusive of depreciation and amortization)  20.115.213.411.010.38.811.06.7
Real estate operating expenses  0.60.50.60.60.50.50.50.5
Depreciation, amortization and accretion  15.120.711.311.415.211.217.511.0
Impairment and abandonments  0.21.1   3.4  
General and administrative expenses  6.45.36.75.35.04.64.53.1
(Gain) loss on disposal of assets  1.2-0.1-1.21.15.00.0-3.50.0
    Total costs and expenses  64.864.452.651.862.361.161.052.4
    Income (loss) from operations  39.639.147.344.838.837.748.244.1
            Operating margin  37.9%37.8%47.4%46.4%38.4%38.2%44.2%45.7%
   
Other income (expense):          
Interest income (expense), net  -9.1-8.7-8.4-8.2-8.2-7.3-6.9-5.8
Gain (loss) on sale of equity method investments     0.023.0   
Income (loss) from equity method investments  -28.0-9.1-8.3-4.8-4.52.80.0-3.4
    Total other income (expense), net  18.80.4-0.1-3.319.2-10.1-6.9-2.4
    Net income (loss) before income taxes  58.439.547.241.558.027.641.341.6
Provision for (benefit from) income taxes  3.32.42.82.63.51.72.52.9
    Net income (loss)  55.137.144.538.954.525.938.938.8
Less: Net income (loss) attributable to non-controlling interest  43.129.234.630.442.019.929.229.6
    Net income (loss) attributable to Rattler Midstream LP  12.07.99.88.512.46.09.69.2
   
Net income (loss) attributable to limited partners per common unit:          
Basic (in dollars per share)  $0.30$0.19$0.24$0.20$0.30$0.13$0.21$0.20
Diluted (in dollars per share)  $0.30$0.19$0.24$0.20$0.30$0.13$0.21$0.20
   
Weighted average number of limited partner common units outstanding:          
Basic (in shares)  38.238.2-0.440.541.041.7-0.144.0
Diluted (in shares)  38.338.4-0.440.541.041.7-0.144.0

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