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WaterBridge Infrastructure LLC

$31.46 +$11.74 (+59.53%)
NYSE · 15 Sep 2026 17:27 UTC
Previous Close
$31.83
Day Range
$31.43$32.47
Year Range
$18.64$36.89
Market Cap
1.48B
AVG Volume
986.75K
Trailing/Forward PE
70.3/46.92
PEG ratio
3.44
Dividend Yield
0.48%
Next Earnings Date
2026-11-11
Primary Exchange
New York Stock ExchangeUS
Revenue (USD)
0100M200M300M24 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WBI Revenue (USD) by quarter
PeriodRevenue (USD)
26 Q2217.77M
26 Q1200.98M
25 Q4208.88M
25 Q3123.25M
25 Q2196.77M
25 Q1178.11M
24 Q487.21M
24 Q389.8M
Net Income (USD)
-20M-10M010M24 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WBI Net Income (USD) by quarter
PeriodNet Income (USD)
26 Q25.11M
26 Q19.52M
25 Q4-3.87M
25 Q34.76M
25 Q21.5M
25 Q1-10.68M
24 Q4529K
24 Q33.31M
Operating Income (USD)
020M40M60M24 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WBI Operating Income (USD) by quarter
PeriodOperating Income (USD)
26 Q240.27M
26 Q130.38M
25 Q422.43M
25 Q323.69M
25 Q23.92M
25 Q129.01M
24 Q416.29M
24 Q318.84M
EBITDA (USD)
025M50M75M100M24 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WBI EBITDA (USD) by quarter
PeriodEBITDA (USD)
26 Q239.47M
26 Q199.52M
25 Q480.15M
25 Q353.75M
25 Q24.83M
25 Q129.91M
24 Q439.42M
24 Q338.34M
Cash Flows (USD)
-60M-40M-20M024 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WBI Cash Flows (USD) by quarter
PeriodCash Flows (USD)
26 Q2-58.39M
26 Q1-15.84M
25 Q4-1.03M
25 Q30
25 Q20
25 Q1-2.29M
24 Q4-22.63M
24 Q30
EPS (USD)
-0.4-0.200.20.424 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WBI EPS (USD) by quarter
PeriodEPS (USD)
26 Q20.12
26 Q10.22
25 Q4-0
25 Q30.11
25 Q20.04
25 Q1-0.28
24 Q40.01
24 Q30.09
Expenses (USD)
050M100M150MSG&ACapex24 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WBI Expenses (USD) by quarter
PeriodExpenses (USD)
26 Q2140.97M
26 Q1127.75M
25 Q4113.27M
25 Q39M
25 Q215.75M
25 Q159.78M
24 Q437.58M
24 Q36.91M
Cash & Debt (USD)
0500M1B1.5B2BCashLong Term DebtShort Term Debt24 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WBI Cash & Debt (USD) by quarter
PeriodCash & Debt (USD)
26 Q247.62M
26 Q150.67M
25 Q451.54M
25 Q3346.65M
25 Q232.01M
25 Q140.94M
24 Q413.28M
Debt ratios
-50510152025 Q225 Q325 Q426 Q126 Q2
WBI Debt ratios by quarter
PeriodDebt ratios
26 Q25.75
26 Q1-0.17
25 Q4-0.23
25 Q3-2.45
25 Q215.64
Margins
0%20%40%60%24 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WBI Margins by quarter
PeriodMargins
26 Q226.69%
26 Q123.98%
25 Q422.42%
25 Q328.39%
25 Q210.98%
25 Q131.63%
24 Q426.68%
24 Q352.25%
Return on Capital
-1%-0.5%0%0.5%1%24 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WBI Return on Capital by quarter
PeriodReturn on Capital
26 Q20.28%
26 Q10.52%
25 Q4-0.21%
25 Q30.26%
25 Q20.11%
25 Q1-0.99%
24 Q40.08%
Shares Outstanding
020M40M60M24 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WBI Shares Outstanding by quarter
PeriodShares Outstanding
26 Q243.26M
26 Q143.26M
25 Q443.26M
25 Q343.26M
25 Q238.51M
25 Q138.51M
24 Q443.26M
24 Q338.51M
Dividends (USD)
00.511.5Mar 26Jun 26Aug 26
WBI Dividends (USD) by quarter
PeriodDividends (USD)
Aug 260.05
Jun 260.05
Mar 260.05
Employee Count
02004006002025
WBI Employee Count by quarter
PeriodEmployee Count
2025540
Book Value Per Share (USD)
020406024 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WBI Book Value Per Share (USD) by quarter
PeriodBook Value Per Share (USD)
26 Q242.26
26 Q142.71
25 Q442.7
25 Q342.99
25 Q235.42
25 Q128.03
24 Q415.33
Total Assets (USD)
01B2B3B4B24 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WBI Total Assets (USD) by quarter
PeriodTotal Assets (USD)
26 Q23.94B
26 Q13.75B
25 Q43.7B
25 Q33.94B
25 Q23.35B
25 Q12.94B
24 Q41.35B
PE Ratio
8090100110120130med 109.32May 26Jun 26Jun 26Jul 26Aug 26Aug 26Sep 26
WBI PE Ratio by quarter
PeriodPE Ratio
Sep 2688.75
Sep 2690.04
Sep 2689.81
Aug 2687.67
Aug 2688.39
Aug 2688.48
Aug 2689.23
Jul 26124.36
Jul 26126.76
Jul 26126.14
Jul 26122.51
Jul 26113.71
Jun 26112.91
Jun 26120.62
Jun 26117.89
Jun 26106.99
May 26106.3
May 26113.24
May 26111.64
May 2699.39
Free Cash Flow Yield
-6%-4%-2%0%med -2.49%Oct 25Dec 25Feb 26Apr 26May 26Jul 26Sep 26
WBI Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 26-5.46%
Sep 26-5.39%
Sep 26-5.4%
Aug 26-5.53%
Aug 26-5.49%
Aug 26-5.48%
Aug 26-5.44%
Jul 26-1.14%
Jul 26-1.12%
Jul 26-1.12%
Jul 26-1.16%
Jul 26-1.25%
Jun 26-1.25%
Jun 26-1.17%
Jun 26-1.2%
Jun 26-1.32%
May 26-1.33%
May 26-1.25%
May 26-1.27%
May 26-1.43%
May 26-0.26%
Apr 26-0.27%
Apr 26-0.31%
Apr 26-0.29%
Apr 26-0.3%
Mar 26-0.27%
Mar 26-0.3%
Mar 26-2.27%
Mar 26-2.28%
Feb 26-2.18%
Feb 26-2.26%
Feb 26-2.3%
Feb 26-2.51%
Jan 26-2.63%
Jan 26-2.49%
Jan 26-2.67%
Jan 26-2.88%
Jan 26-2.92%
Dec 25-2.85%
Dec 25-2.84%
Dec 25-2.75%
Dec 25-2.54%
Nov 25-2.53%
Nov 25-2.66%
Nov 25-2.33%
Nov 25-2.66%
Oct 25-2.7%
Oct 25-2.64%
Oct 25-2.7%
Oct 25-2.68%
Oct 25-2.5%
Sep 25-2.64%
Sep 25-2.8%
Price to Sales
1.41.61.822.2med 1.74Oct 25Dec 25Feb 26Apr 26May 26Jul 26Sep 26
WBI Price to Sales by quarter
PeriodPrice to Sales
Sep 261.83
Sep 261.86
Sep 261.86
Aug 261.81
Aug 261.83
Aug 261.83
Aug 261.84
Jul 262.03
Jul 262.07
Jul 262.06
Jul 262
Jul 261.85
Jun 261.84
Jun 261.97
Jun 261.92
Jun 261.75
May 261.73
May 261.85
May 261.82
May 261.62
May 261.82
Apr 261.74
Apr 261.54
Apr 261.61
Apr 261.56
Mar 261.73
Mar 261.57
Mar 261.87
Mar 261.86
Feb 261.96
Feb 261.88
Feb 261.85
Feb 261.69
Jan 261.62
Jan 261.71
Jan 261.59
Jan 261.48
Jan 261.46
Dec 251.49
Dec 251.5
Dec 251.55
Dec 251.68
Nov 251.69
Nov 251.6
Nov 251.83
Nov 251.7
Oct 251.67
Oct 251.71
Oct 251.67
Oct 251.69
Oct 251.8
Sep 251.71
Sep 251.61
EV/EBITDA
0102030med 6.13Oct 25Dec 25Feb 26Apr 26May 26Jul 26Sep 26
WBI EV/EBITDA by quarter
PeriodEV/EBITDA
Sep 2610.8
Sep 2610.87
Sep 2610.86
Aug 2610.73
Aug 2610.77
Aug 2610.78
Aug 2610.82
Jul 266.04
Jul 266.16
Jul 266.13
Jul 265.95
Jul 265.51
Jun 265.47
Jun 265.85
Jun 265.72
Jun 265.17
May 265.14
May 265.48
May 265.4
May 264.79
May 267.4
Apr 267.07
Apr 266.22
Apr 266.51
Apr 266.3
Mar 267.04
Mar 266.36
Mar 266.13
Mar 266.08
Feb 266.5
Feb 266.16
Feb 266.03
Feb 265.31
Jan 264.97
Jan 265.37
Jan 264.84
Jan 264.31
Jan 264.22
Dec 254.38
Dec 254.41
Dec 254.65
Dec 255.24
Nov 255.26
Nov 254.89
Nov 255.92
Nov 2523.97
Oct 2523.86
Oct 2524.04
Oct 2523.85
Oct 2523.91
Oct 2524.49
Sep 2524.02
Sep 2523.54
Price/Operating Cashflow
510152025med 9.79Oct 25Dec 25Feb 26Apr 26May 26Jul 26Sep 26
WBI Price/Operating Cashflow by quarter
PeriodPrice/Operating Cashflow
Sep 265.55
Sep 265.63
Sep 265.62
Aug 265.48
Aug 265.53
Aug 265.53
Aug 265.58
Jul 268.08
Jul 268.23
Jul 268.19
Jul 267.96
Jul 267.39
Jun 267.33
Jun 267.83
Jun 267.66
Jun 266.95
May 266.9
May 267.36
May 267.25
May 266.46
May 269.79
Apr 269.37
Apr 268.28
Apr 268.65
Apr 268.39
Mar 269.33
Mar 268.46
Mar 2620.91
Mar 2620.81
Feb 2621.83
Feb 2620.99
Feb 2620.68
Feb 2618.91
Jan 2618.1
Jan 2619.06
Jan 2617.78
Jan 2616.48
Jan 2616.27
Dec 2516.65
Dec 2516.73
Dec 2517.3
Dec 2518.74
Nov 2518.81
Nov 2517.89
Nov 2520.41
Nov 2517.86
Oct 2517.62
Oct 2518.01
Oct 2517.61
Oct 2517.75
Oct 2518.97
Sep 2517.98
Sep 2516.94
Price to Book
0.40.50.60.70.80.9med 0.68Oct 25Dec 25Feb 26Apr 26May 26Jul 26Sep 26
WBI Price to Book by quarter
PeriodPrice to Book
Sep 260.75
Sep 260.76
Sep 260.76
Aug 260.74
Aug 260.75
Aug 260.75
Aug 260.76
Jul 260.8
Jul 260.82
Jul 260.81
Jul 260.79
Jul 260.73
Jun 260.73
Jun 260.78
Jun 260.76
Jun 260.69
May 260.68
May 260.73
May 260.72
May 260.64
May 260.7
Apr 260.67
Apr 260.59
Apr 260.62
Apr 260.6
Mar 260.66
Mar 260.6
Mar 260.59
Mar 260.59
Feb 260.62
Feb 260.59
Feb 260.58
Feb 260.53
Jan 260.51
Jan 260.54
Jan 260.5
Jan 260.46
Jan 260.46
Dec 250.47
Dec 250.47
Dec 250.49
Dec 250.53
Nov 250.53
Nov 250.5
Nov 250.58
Nov 250.69
Oct 250.68
Oct 250.69
Oct 250.68
Oct 250.68
Oct 250.73
Sep 250.69
Sep 250.65
WaterBridge Infrastructure LLC
WBI
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News: WBI

WaterBridge Infrastructure: The Value Is In The Destination, Not Just The Pipeline

seekingalpha.com · 14 Sep 2026

WaterBridge Infrastructure: The Value Is In The Destination, Not Just The Pipeline

WaterBridge Infrastructure leverages unique access to underutilized pore space via LandBridge, creating a defensible advantage in water disposal logistics. WBI's sequential volume growth is translating into outsized operating earnings and improved EBITDA margins, supporting the scalability thesis but not yet proving full-cycle returns. Long-term, inflation-linked contracts with diversion fees and strategic acquisitions underpin WBI's cash flow durability, but capital discipline remains critical amid elevated capex and leverage.

Strong Midstream 2Q26 Earnings Boost Full-Year Outlook

etftrends.com · 25 Aug 2026

Strong Midstream 2Q26 Earnings Boost Full-Year Outlook

Midstream MLPs and corporations generally posted strong second-quarter earnings, benefiting from record volume throughput, strong margins, and robust demand for natural gas and natural gas liquids (NGL) exports. Companies also demonstrated the defensive nature of their fee-based cash flows.

Integrating The Delaware Basin: Devon Energy Reaches Final Investment Decision on Solitude Pipeline System

globenewswire.com · 17 Aug 2026

Integrating The Delaware Basin: Devon Energy Reaches Final Investment Decision on Solitude Pipeline System

HOUSTON, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corporation (NYSE: DVN) today announced a positive Final Investment Decision (“FID”) on the Solitude Pipeline System, a WhiteWater-led joint venture that will construct two 48-inch natural gas pipelines connecting the Permian Basin to Katy, TX. Solitude is the latest in a deliberate series of steps Devon has taken to integrate and consolidate the infrastructure supporting its Delaware Basin position.

WaterBridge Announces Pricing of Upsized $150,000,000 Offering of Additional 6.500% Senior Notes due 2033

businesswire.com · 13 Aug 2026

WaterBridge Announces Pricing of Upsized $150,000,000 Offering of Additional 6.500% Senior Notes due 2033

HOUSTON--(BUSINESS WIRE)--WaterBridge Infrastructure LLC (NYSE: WBI; NYSE Texas: WBI) (“WaterBridge”) announced today that WBI Operating LLC (the “Issuer”), a subsidiary of WaterBridge, has priced its offering (the “Offering”) of $150 million in aggregate principal amount of 6.500% senior notes due 2033 at par (the “New Notes”). The Offering was upsized from the previously announced offering size of $100 million. The Offering is expected to close on August 18, 2026, subject to customary closing.

WaterBridge Announces Launch of $100,000,000 Offering of Additional 6.500% Senior Notes due 2033

businesswire.com · 13 Aug 2026

WaterBridge Announces Launch of $100,000,000 Offering of Additional 6.500% Senior Notes due 2033

HOUSTON--(BUSINESS WIRE)--WaterBridge Infrastructure LLC (NYSE: WBI; NYSE Texas: WBI) (“WaterBridge”) announced today that WBI Operating LLC (the “Issuer”), a subsidiary of WaterBridge, intends, subject to market conditions, to offer $100 million in aggregate principal amount of 6.500% senior notes due 2033 (the “New Notes”) in a private placement to eligible purchasers (the “Offering”). The New Notes are being offered as additional notes under the indenture, dated as of October 6, 2025 (the “I.

WaterBridge Infrastructure LLC (WBI) Q2 2026 Earnings Call Transcript

seekingalpha.com · 10 Aug 2026

WaterBridge Infrastructure LLC (WBI) Q2 2026 Earnings Call Transcript

WaterBridge Infrastructure LLC (WBI) Q2 2026 Earnings Call Transcript

WBI Q2 Earnings Call Highlights

marketbeat.com · 9 Aug 2026

WBI Q2 Earnings Call Highlights

WBI NYSE: WBI reported record second-quarter revenue and adjusted EBITDA, citing higher produced-water volumes, new contract rates and organic growth across its Delaware Basin infrastructure network. The company also raised its 2026 outlook for volumes, adjusted EBITDA and capital expenditures following the acquisition of Ranger Water Midstream and an agreement to acquire the NDB Landfill in Lea County, New Mexico.

WaterBridge Announces Second Quarter 2026 Results

businesswire.com · 5 Aug 2026

WaterBridge Announces Second Quarter 2026 Results

HOUSTON--(BUSINESS WIRE)--WaterBridge Infrastructure LLC (NYSE: WBI; NYSE TX: WBI) (the “Company” or “WaterBridge”) today announced its financial and operating results for the second quarter of 2026. Second Quarter 2026 Financial and Operational Highlights Produced water handling volumes of 2.6 million barrels per day, representing an increase of 6% quarter-over-quarter Revenue of $217.8 million, representing an increase of 8% quarter-over-quarter Net income of $14.6 million Net income margin o.

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