Rattler Midstream LP
NASDAQ:RTLR
Income Statement
Earnings Waterfall
Rattler Midstream LP
Revenue
|
404.2m
USD
|
Cost of Revenue
|
-148.9m
USD
|
Gross Profit
|
255.3m
USD
|
Operating Expenses
|
-82.3m
USD
|
Operating Income
|
173.1m
USD
|
Other Expenses
|
-136.8m
USD
|
Net Income
|
36.3m
USD
|
Income Statement
Rattler Midstream LP
Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||
Revenue |
39
N/A
|
68
+72%
|
107
+58%
|
145
+36%
|
185
+27%
|
246
+33%
|
308
+25%
|
374
+21%
|
448
+20%
|
482
+8%
|
459
-5%
|
440
-4%
|
424
-4%
|
393
-7%
|
406
+3%
|
406
+0%
|
396
-2%
|
401
+1%
|
404
+1%
|
|
Gross Profit | ||||||||||||||||||||
Cost of Revenue |
(11)
|
(21)
|
(38)
|
(54)
|
(74)
|
(98)
|
(121)
|
(149)
|
(172)
|
(188)
|
(187)
|
(178)
|
(172)
|
(164)
|
(159)
|
(154)
|
(149)
|
(144)
|
(149)
|
|
Gross Profit |
29
N/A
|
47
+63%
|
69
+47%
|
91
+33%
|
110
+20%
|
148
+35%
|
187
+26%
|
225
+20%
|
276
+22%
|
294
+7%
|
271
-8%
|
262
-3%
|
252
-4%
|
229
-9%
|
247
+8%
|
251
+2%
|
248
-1%
|
257
+4%
|
255
-1%
|
|
Operating Income | ||||||||||||||||||||
Operating Expenses |
(5)
|
(10)
|
(16)
|
(21)
|
(27)
|
(32)
|
(39)
|
(47)
|
(55)
|
(61)
|
(64)
|
(63)
|
(70)
|
(68)
|
(72)
|
(75)
|
(71)
|
(81)
|
(82)
|
|
Selling, General & Administrative |
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(6)
|
(8)
|
(13)
|
(16)
|
(17)
|
(17)
|
(16)
|
(16)
|
(17)
|
(19)
|
(22)
|
(22)
|
(24)
|
|
Depreciation & Amortization |
(3)
|
(9)
|
(15)
|
(19)
|
(25)
|
(29)
|
(33)
|
(38)
|
(41)
|
(43)
|
(45)
|
(46)
|
(53)
|
(52)
|
(55)
|
(55)
|
(49)
|
(59)
|
(59)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
24
N/A
|
37
+53%
|
53
+43%
|
71
+35%
|
83
+17%
|
116
+40%
|
148
+28%
|
178
+20%
|
221
+24%
|
234
+6%
|
208
-11%
|
199
-4%
|
182
-8%
|
161
-12%
|
175
+9%
|
176
+1%
|
177
+0%
|
176
-1%
|
173
-2%
|
|
Pre-Tax Income | ||||||||||||||||||||
Interest Income Expense |
1
|
3
|
1
|
1
|
0
|
(1)
|
(0)
|
(1)
|
(7)
|
(10)
|
(25)
|
(26)
|
(27)
|
(34)
|
(23)
|
(24)
|
(17)
|
(7)
|
16
|
|
Non-Reccuring Items |
0
|
0
|
(3)
|
(3)
|
(3)
|
(3)
|
0
|
0
|
(2)
|
(3)
|
(4)
|
(4)
|
(0)
|
(2)
|
17
|
16
|
15
|
17
|
(2)
|
|
Pre-Tax Income |
25
N/A
|
39
+55%
|
51
+30%
|
69
+35%
|
80
+17%
|
112
+39%
|
148
+32%
|
177
+19%
|
212
+20%
|
220
+4%
|
178
-19%
|
169
-5%
|
155
-8%
|
124
-20%
|
169
+36%
|
168
0%
|
174
+4%
|
186
+7%
|
187
+0%
|
|
Net Income | ||||||||||||||||||||
Tax Provision |
(9)
|
(12)
|
(13)
|
(16)
|
(17)
|
(24)
|
(29)
|
(27)
|
(26)
|
(19)
|
(12)
|
(11)
|
(10)
|
(8)
|
(11)
|
(10)
|
(11)
|
(11)
|
(11)
|
|
Income from Continuing Operations |
16
|
28
|
38
|
53
|
63
|
88
|
119
|
150
|
186
|
201
|
167
|
158
|
145
|
116
|
158
|
158
|
164
|
175
|
176
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
(15)
|
(52)
|
(91)
|
(132)
|
(127)
|
(120)
|
(110)
|
(88)
|
(121)
|
(122)
|
(127)
|
(136)
|
(137)
|
|
Net Income (Common) |
21
N/A
|
32
+56%
|
43
+32%
|
57
+34%
|
63
+10%
|
49
-23%
|
38
-22%
|
32
-17%
|
28
-11%
|
40
+44%
|
38
-6%
|
35
-7%
|
33
-7%
|
26
-21%
|
35
+38%
|
35
-2%
|
35
+1%
|
37
+5%
|
36
-2%
|
|
EPS (Diluted) |
0.14
N/A
|
0.21
+50%
|
0.28
+33%
|
0.38
+36%
|
0.42
+11%
|
0.32
-24%
|
0.86
+169%
|
0.71
-17%
|
0.64
-10%
|
0.92
+44%
|
0.86
-7%
|
0.8
-7%
|
0.75
-6%
|
0.62
-17%
|
0.86
+39%
|
0.86
N/A
|
0.89
+3%
|
0.96
+8%
|
0.95
-1%
|