Welcome to our dedicated page for WaterBridge Infrastructure SEC filings (Ticker: WBI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
WaterBridge Infrastructure LLC (NYSE: WBI) files a range of documents with the U.S. Securities and Exchange Commission that provide detailed insight into its business as an integrated, pure-play water infrastructure company. As an issuer with Class A shares listed on the New York Stock Exchange and NYSE Texas, WaterBridge submits annual and quarterly reports, current reports on Form 8-K and registration statements that describe its produced water infrastructure network, long-term contracts with exploration and production companies and its capital structure.
Current reports on Form 8-K for WaterBridge have disclosed material events such as the completion of its upsized initial public offering of Class A shares, the entry into material definitive agreements related to senior unsecured notes due 2030 and 2033 by subsidiary WBI Operating LLC, and the use of proceeds to repay legacy term loan facilities. Other 8-K filings have reported transaction-related bonuses, governance changes including the appointment of independent directors to the board and committee assignments, and the release of quarterly financial results.
Quarterly reports on Form 10-Q, referenced in the company’s press releases, contain financial statements, management’s discussion and analysis, and additional information on produced water handling volumes, revenue and margins. These filings help investors understand how WaterBridge’s network of pipelines and produced water handling facilities supports its operations in the Delaware Basin and other basins where it has assets.
On this SEC filings page, users can access WaterBridge’s 10-K and 10-Q reports, 8-K current reports and related exhibits as they are made available through EDGAR. AI-powered summaries can assist by highlighting key terms in senior note indentures, summarizing material events, and clarifying how changes in governance, financing arrangements and operational metrics appear in the company’s regulatory disclosures. Form 4 and other ownership-related filings, when present, can provide additional context on insider transactions and equity-based compensation linked to WaterBridge’s Class A shares.
WaterBridge Infrastructure LLC is registering for resale by selling shareholders up to 83,250,000 Class A shares representing limited liability company interests under an existing S-1 prospectus. The shares trade on the NYSE and NYSE Texas under the symbol WBI, with a last reported price of $33.46 on August 4, 2026.
For the quarter ended June 30, 2026, WaterBridge reported total revenue of $217.8 million and net income of $14.6 million, with operating income of $40.3 million. Produced water handling, including skim oil, remained the core business, generating $197.6 million of revenue. Net income attributable to WaterBridge was $5.1 million, or $0.10 per basic and diluted Class A share.
Total assets were $3.94 billion and total debt was $1.64 billion, including $1.43 billion of senior notes and $200 million drawn on the 2025 Revolving Credit Facility. Operating activities provided $160.0 million of cash in the first half of 2026, while capital expenditures and acquisitions used $315.7 million. The company acquired Ranger Water Midstream LLC for $82.9 million and, after quarter-end, increased its revolver commitments to $750 million and agreed to acquire an environmental waste management facility in New Mexico for net consideration of approximately $169 million.
WaterBridge Infrastructure LLC reported substantial growth for the quarter ended June 30, 2026. Total revenues were 217,772 (in thousands), up from 95,512 (in thousands) a year earlier, led by produced water handling and skim oil. Operating income rose to 40,268 (in thousands), and net income reached 14,555 (in thousands). Net income attributable to Class A shareholders was 5,109 (in thousands), or $0.10 per share.
For the first six months of 2026, revenues were 418,749 (in thousands) with net income of 24,076 (in thousands) and 159,998 (in thousands) of cash provided by operating activities. The company closed the 82,852 (in thousands) Ranger Water Midstream acquisition and invested 234,226 (in thousands) in capital expenditures, funded partly by increasing borrowings under its revolving credit facility to 200,000 (in thousands). As of June 30, 2026, total assets were 3,938,213 (in thousands) and long-term debt was 1,609,931 (in thousands). Subsequent to quarter end, revolving credit commitments were increased to 750,000 (in thousands), and WaterBridge agreed to acquire an environmental waste management facility in New Mexico for approximately 189,000 (in thousands), partially offset by a 20,000 (in thousands) surface sale.
WaterBridge Infrastructure LLC reported solid second-quarter 2026 growth, with produced water handling volumes of 2.6 million barrels per day, up 6% sequentially. Revenue was $217.8 million, an 8% increase from the first quarter, while net income reached $14.6 million and Adjusted EBITDA rose to $115.8 million, yielding a 53% Adjusted EBITDA margin and 7% net income margin. Quarterly capital expenditures were $123.3 million, largely for the Speedway pipeline and Stateline infrastructure.
Strategically, WaterBridge closed the $80 million Ranger Water Midstream acquisition in Lea County, New Mexico, adding 70,000 barrels per day of permitted capacity, 30 miles of pipelines and 1.2 million barrels of storage. It agreed to acquire the 560-acre NDB Landfill for $169 million net consideration and to construct a fourth Stateline waste facility, steps expected to double environmental waste management sites and more than double permitted waste handling capacity. Full-year 2026 guidance was raised, including produced water volumes of 2.55–2.75 million Bbl/d, Adjusted EBITDA of $435–$475 million and capital expenditures of $530–$590 million. The board declared a quarterly dividend of $0.05 per share.
Liquidity was $347.6 million as of June 30, 2026, including $300.0 million of revolver availability and $47.6 million of cash, against $1.636 billion of total borrowings. After quarter-end, WaterBridge increased revolving commitments from $500.0 million to $750.0 million, with potential to reach $1.0 billion, and reduced borrowing spreads by 25 basis points.
WaterBridge Infrastructure LLC received a Schedule 13G disclosing large passive holdings by ALPS Advisors, Inc. and the Alerian MLP ETF. ALPS Advisors reports 9,851,493 common units (7.98% of the class) held on behalf of funds it advises; Alerian MLP ETF reports 9,734,757 units (7.89%).
The filing states both holders report shared voting and shared dispositive power over their respective positions and that ALPS Advisors disclaims beneficial ownership because the units are owned by advised funds. The filing is certified by Matthew Sutula, Chief Compliance Officer.
T. Rowe Price Investment Management reports beneficial ownership of 5,375,063 shares of Waterbridge Infra-CL A. The filing states this position represents 11.4% of the class as of 06/30/2026 and reflects sole voting and dispositive power over those shares. The filing also discloses that T. Rowe Price Small‑Cap Stock Fund holds 2,382,881 shares ( 5.5% ). The filer affirms that it acts as investment adviser and expressly denies beneficial ownership.
WaterBridge Infrastructure LLC reporting persons filed an amendment to a joint Schedule 13G/A disclosing beneficial ownership of Class A Shares. The cover data states 51,480,071 Class A Shares outstanding as of the filing and reports combined holdings by affiliated entities and David Capobianco. Key reported holdings include 53,743,584 shares (52.1%) attributed to Mr. Capobianco-related entities on the cover pages and entity-level holdings of 40,698,738 shares (44.2%), 35,747,578 shares (41.0%), 13,044,846 shares (20.9%), and 4,951,160 shares (8.8%). The filing notes alternate percent calculations “assuming the redemption of all 71,976,138 OpCo Units into Class A Shares”, which produces lower percent-of-class figures for certain Reporting Persons. The cover lists the CUSIP 940923105 and identifies the Reporting Persons and their Delaware organization status.
WaterBridge Infrastructure LLC is registering up to 83,250,000 Class A shares for resale by selling shareholders pursuant to the prospectus supplement dated June 24, 2026. The supplement updates the prospectus with information from a Form 8-K reporting the Company’s 2026 annual meeting results.
The Company reported 47,016,059 Class A shares outstanding as of April 23, 2026 and 76,440,150 Class B shares outstanding as of April 23, 2026. Shareholders voted to elect all 13 director nominees, ratify Deloitte & Touche LLP as auditor, approve named executive officer compensation on an advisory basis, and set future advisory votes on executive compensation to occur every one year. Voting participation represented approximately 90.95% of total voting power.
Devon WB Holdco L.L.C., an indirect subsidiary of Devon Energy, converted 1,755,174 WBI Operating LLC units and the same number of Class B shares into 1,755,174 Class A shares of WaterBridge Infrastructure LLC on a one-for-one basis.
Devon WB Holdco then sold all 1,755,174 Class A shares in an open-market transaction through a broker-dealer under Rule 144 at $30.05 per share. After these transactions, it holds no Class A shares but continues to own 16,002,051 OpCo Units and 16,002,051 Class B shares, which carry voting rights but no economic rights. Devon Energy, WPX Energy and WPX Energy Permian disclaim beneficial ownership beyond their pecuniary interests.
WaterBridge Infrastructure LLC reported results of its 2026 annual shareholder meeting. As of the April 23, 2026 record date, the company had 47,016,059 Class A shares and 76,440,150 Class B shares outstanding, with 112,290,709 common shares represented, about 90.95% of voting power, establishing a quorum.
Shareholders elected all 13 director nominees to serve until the 2027 annual meeting. They also ratified Deloitte & Touche LLP as independent auditor for the year ending December 31, 2026, with 112,126,827 votes for and 152,412 against.
On a non-binding basis, shareholders approved compensation for the named executive officers, with 107,003,160 votes for and 113,269 against. They also supported holding future advisory votes on executive compensation every year, with 105,442,714 votes favoring an annual frequency, and the board adopted this one-year schedule.
WBI filed a Form 144 reporting proposed sales of Class A shares related to a corporate reorganization and initial public offering. The filing lists 17,757,225 Class A shares linked to the reorganization dated 09/18/2025. The excerpt also shows recent restricted‑security sales by affiliates, including sales of 1,430,814 and 3,920,948 Class A shares on 06/22/2026.
The filing identifies broker involvement by J.P. Morgan Securities LLC and records aggregate dollar figures next to the disclosed share counts. The notice documents proposed dispositions by named holders; timing and execution details beyond the listed dates are not included in the provided excerpt.