WaterBridge Infrastructure LLC

WBI · NYSE · Energy / Oil & Gas Equipment & Services

27.46USD+0.18 (+0.66%)

Price History

Full chart

Market Stats

Previous Close27.28

Open27.60

Day Range26.84 – 27.81

52-Week Range18.54 – 36.83

Volume409.05K

Market Cap3.57B

P/E (TTM)0.00

Forward P/E0.00

EPS-0.15

Dividend Yield0.67%

50-Day Avg32.20

200-Day Avg27.91

About

WaterBridge Infrastructure LLC, water infrastructure company, provides water management solutions through integrated pipeline and water handling networks in the United States. It offers produced water handling and gathering pipeline services; brackish water, recycled water, and produced water solutions; and gas transportation services. The company was incorporated in 2025 and is headquartered in Houston, Texas.

Company Details

SectorEnergy
IndustryOil & Gas Equipment & Services
CEOMr. Jason Long
Employees540
Headquarters5555 San Felipe Street, Houston, TX, United States, 77056, USA
Websitehttps://www.wbinfra.com

Leadership

Mr. Jason LongCEO & Director · b. 1982
Mr. Michael ReitzCOO & President · b. 1986
Mr. Harrison F. BollingExecutive VP & General Counsel · b. 1983
Mr. Mae HerringtonDirector of Investor Relations

Financials

Income Statement

Currency: USD	2023-12-31	2024-12-31	2025-12-31
Total Revenue	200.77M	662.16M	525.55M
Growth (%)	-	+229.82%	-20.63%
Cost of Revenue	145.47M	544.74M	383.31M
Gross Profit	55.30M	117.42M	142.24M
Gross Margin	27.55%	17.73%	27.07%
Operating Expense	14.71M	68.18M	63.38M
Operating Income	40.59M	49.25M	78.86M
Operating Margin	20.22%	7.44%	15.01%
EBITDA	90.70M	52.11M	230.74M
EBITDA Margin	45.18%	7.87%	43.90%
Net Income	14.67M	-25.24M	9.00K
Net Income Margin	7.31%	-3.81%	0.00%
Interest Expense	26.24M	160.43M	68.94M
Interest Expense % of Total Revenue	13.07%	24.23%	13.12%

Balance Sheet

Currency: USD	2023-12-31	2024-12-31	2025-12-31
Total Assets	1.07B	1.35B	3.70B
Total Liabilities	423.83M	687.54M	1.85B
Total Equity	650.53M	663.05M	602.31M
Cash	-	13.28M	51.54M
Total Debt	-	595.78M	12.55M
Net Debt	-	582.50M	-39.00M

Cash Flow

Currency: USD	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	48.47M	73.86M	159.69M
Investing Cash Flow	-171.28M	-323.66M	-218.62M
Financing Cash Flow	128.79M	250.22M	97.19M
Capital Expenditure	147.97M	159.92M	278.57M
Free Cash Flow	-99.50M	-86.06M	-118.87M
FCF to OCF	-205.26%	-116.52%	-74.44%

Earnings

Report Date	Sep 3, 2025	Nov 12, 2025	Mar 16, 2026	May 7, 2026	Aug 5, 2026	Nov 11, 2026
EPS Estimate	0.00	0.08	0.01	0.10	0.06	0.06
EPS Actual	0.00	-0.30	-0.09	0.03	0.10	-
Surprise	-	-475.00%	-994.00%	-70.00%	66.67%	-
Timing	-	After-hours	Pre-market	Pre-market	After-hours	-

Key Statistics & Ratios

Market Cap3.57B

Enterprise Value3.21B

Trailing P/E0.00

Forward P/E0.00

Price / Sales4.76

Price / Book2.16

EPS-0.15

Book Value13.70

Revenue (TTM)750.88M

Gross Profit (TTM)427.90M

EBITDA358.52M

Profit Margin1.42%

Operating Margin18.50%

Return on Equity-1.31%

Return on Assets2.25%

Shares Outstanding55.45M

Shares Float43.84M

Dividend Yield0.67%

Dividend Rate0.20

Payout Ratio73.99%

Ownership Breakdown

Institutions: 107.88%
Insiders: 45.41%
Retail / Other: 0.00%

Top Institutional Holders

Devon Energy Corp
16.00M28.86%
ALPS Advisors Inc
9.85M17.77%
Horizon Asset Management Inc/ny
7.34M13.24%
FMR Inc
3.96M7.15%
T. Rowe Price Investment Management,Inc.
2.15M3.88%
Schwartz Investment Counsel Inc
1.68M3.03%
Capital Research Global Investors
1.50M2.70%
Ameriprise Financial Inc
1.18M2.13%
Emory University
1.00M1.81%
Tensile Capital Management LP
984.57K1.78%
Jennison Associates LLC
821.53K1.48%
First Manhattan Co. LLC
803.72K1.45%

Top Fund Holders

Alerian MLP ETF
9.99M18.02%
Horizon Kinetics Inflation Bnfcrs ETF
2.53M4.57%
T. Rowe Price Small-Cap Stock
2.36M4.25%
American Funds SMALLCAP World A
1.46M2.63%
T. Rowe Price Instl Small-Cap Stock
1.27M2.30%
Fidelity Capital Appreciation
920.50K1.66%
Ave Maria Value
883.56K1.59%
Hood River Small-Cap Growth Instl
882.13K1.59%

Dividends

20263×

0.05Aug 27, 20260.05Jun 4, 20260.05Mar 5, 2026