The results matched Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 20 cents per share.
The oil and natural gas services provider posted revenue of $96.5 million in the period, beating Street forecasts. Four analysts surveyed by Zacks expected $88.5 million.
Rattler Midstream shares have declined 65% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $6.26, a drop of 59% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RTLR at https://www.zacks.com/ap/RTLR