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 received a Schedule 13G from affiliates of Devon Energy Corporation reporting beneficial ownership tied to 17,757,225 shares, representing 29.1% of the Class A share class under Rule 13d-3 as of the stated calculation basis. The filing lists Devon WB Holdco L.L.C. as the direct holder, with ownership attributed up the chain to WPX Energy Permian, LLC, WPX Energy, Inc., and Devon Energy Corporation.
Devon WB Holdco holds 17,757,225 Class B shares (voting only) and an equal number of OpCo Units, each redeemable one-for-one into Class A shares or for cash under the OpCo agreement. The percentage uses 43,264,850 Class A shares outstanding as of November 12, 2025, plus the redeemable amount; on a fully diluted basis assuming redemption of all 80,190,150 OpCo Units, the reported beneficial ownership is 14.4%.
WaterBridge Infrastructure LLC (NYSE: WBI) furnished an update reporting it announced financial results for the quarter ended September 30, 2025 and posted an accompanying investor presentation. The press release is furnished as Exhibit 99.1, and the presentation, titled “WaterBridge Earnings Presentation 3Q 2025,” is available on the company’s website in the Events & Presentations section. The information under Items 2.02 and 7.01 is furnished, not filed, under the Exchange Act.
WaterBridge Infrastructure LLC filed its Q3 2025 10‑Q, reporting total revenues of $123.250 million, driven primarily by produced water handling revenues of $111.375 million. Operating income was $23.694 million and net income was $4.756 million. After the IPO, net loss attributable to WaterBridge Infrastructure LLC was $0.667 million, reflecting noncontrolling interests.
As of September 30, 2025, cash and cash equivalents were $346.649 million, long‑term debt (net) was $1.682 billion, and total liabilities were $2.079 billion. Year‑to‑date cash from operations was $71.515 million.
The company completed an IPO on September 18, 2025 of 31,700,000 Class A shares at $20.00 per share, and underwriters purchased an additional 4,755,000 shares, yielding net proceeds of approximately $672.8 million. Proceeds were used to purchase OpCo interests ($228.2 million), repay credit facilities and a term loan ($130.0 million), and, on October 6, 2025, to help retire term loans alongside $1.4 billion of new notes. As of November 12, 2025, shares outstanding were 43,264,850 Class A and 80,190,150 Class B.
WaterBridge Infrastructure LLC: GIC Private Limited, GIC Special Investments Private Limited, and Ashburton Investment Private Limited filed a Schedule 13G reporting beneficial ownership of 3,398,115 Class A Shares, representing 7.9% of the class.
The filing states shared voting and dispositive power over 3,398,115 shares and no sole power. The percentage is based on 43,264,850 Class A Shares outstanding following the company’s initial public offering. Ashburton holds the shares directly and shares voting and disposition authority with GIC SI and GIC. The date of the event requiring the filing is 09/18/2025.
FMR LLC filed a Schedule 13G reporting beneficial ownership of 3,693,839 shares of WaterBridge Infrastructure LLC Class A common stock, representing 8.5% of the class as of 09/30/2025.
FMR LLC reports sole voting power: 3,693,839 and sole dispositive power: 3,693,839 shares, with no shared voting or dispositive power. Abigail P. Johnson is also a reporting person, showing sole dispositive power: 3,693,839 and no voting power.
The filing notes that one or more other persons have rights to dividends or sale proceeds, but no single such interest exceeds five percent of the class. The certification states the securities were acquired and are held in the ordinary course of business and not to change or influence control.
WaterBridge Infrastructure LLC reported one-time cash bonuses tied to the successful consummation of its initial public offering of Class A shares. The board approved these transaction bonuses on October 7, 2025 to recognize employee efforts, including certain named executive officers.
- Chief Executive Officer Jason Long: $590,000 (paid October 10, 2025)
- President and Chief Operating Officer Michael Reitz: $535,000
- Executive Vice President, Chief Financial Officer Scott McNeely: $470,000
- Executive Vice President, General Counsel Harrison Bolling: $430,000
These awards are described as one-time bonuses connected to the IPO completion.
Horizon Kinetics Asset Management LLC filed a Schedule 13G reporting beneficial ownership of 6,358,340 Class A shares of WaterBridge Infrastructure LLC, representing 14.7% of the class as of 09/17/2025.
The filer reports sole voting power over 6,358,340 shares and sole dispositive power over 6,358,340 shares, with no shared voting or dispositive power. The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.
WaterBridge Infrastructure LLC completed a private placement of senior unsecured notes through its subsidiary WBI Operating LLC. The Issuer sold $825 million of 6.250% Senior Notes due 2030 and $600 million of 6.500% Senior Notes due 2033, upsized from an initial $1,400,000,000 aggregate offering.
The company stated that net proceeds, together with cash on hand, will be used to repay all outstanding borrowings under legacy term loan facilities and for general corporate purposes and working capital. As of September 29, 2025, legacy term loan borrowings totaled $1.712 billion.
The notes are guaranteed on a senior unsecured basis by all existing subsidiaries and include customary covenants and events of default. Optional redemption features include equity claw provisions (up to 40% before specific dates) and make-whole/redemption premiums as outlined in the indentures. Upon a qualifying Change of Control combined with a downgrade by two rating agencies, holders may be offered repurchase at 101% of principal plus accrued interest.
WaterBridge Infrastructure (WBI) Form 4: On 10/01/2025, a director reported an award of 6,500 Class A share RSUs at a price of $0. Following the grant, direct beneficial ownership was 206,500 Class A Shares.
The filing also notes 100,000 Class A Shares held indirectly by a spouse. The RSUs vest on the first anniversary of the grant date.
WaterBridge Infrastructure LLC reported an insider equity award. A director acquired 6,500 Class A shares via restricted stock units on 10/01/2025 at $0 (Transaction Code A). Following the grant, the director’s direct beneficial ownership stands at 81,500 Class A shares.
The filing notes these RSUs represent the right to receive one Class A share per unit and will vest on the first anniversary of the grant date.