Diamondback Energy (FANG) Misses Q3 EPS by 29c

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Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Reports Third Quarter 2019 Financial and Operating Results

November 5, 2019 4:01 PM EST

MIDLAND, Texas, Nov. 05, 2019 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (Rattler or the Company), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (Diamondback), today announced financial and operating results for the third quarter ended September 30, 2019.

THIRD QUARTER 2019 HIGHLIGHTS

Q3 2019 consolidated net income (including non-controlling interest) of $48.1 million, consolidated adjusted EBITDA (as defined and reconciled below) of $67.0 millionQ3 2019 capital expenditures of $84.6 millionQ3 2019 average produced water volumes of... More