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Recent Updates — WBI

August 18, 2026View Source ↗

WaterBridge Infrastructure LLC's subsidiary, WBI Operating LLC, completed the upsized private placement of $150 million in aggregate principal amount of 6.500% Senior Notes due 2033 on August 18, 2026. The offering was increased from an initial size of $100 million and priced at par. These new notes are issued under the existing indenture dated October 6, 2025, alongside $600 million in previously issued senior notes due 2033, sharing substantially identical terms except for issue date and price. The company intends to use the net proceeds to repay a portion of outstanding borrowings under its revolving credit facility. WaterBridge Infrastructure LLC operates as an integrated water infrastructure provider, managing produced water solutions for oil and natural gas companies in the Delaware Basin.

August 13, 2026View Source ↗

WaterBridge Infrastructure LLC announced on August 13, 2026, that its subsidiary WBI Operating LLC intends to offer an additional $100 million in aggregate principal amount of 6.500% Senior Notes due 2033 via a private placement under Rule 144A and Regulation S. These new notes will be issued under the existing October 2025 indenture, carrying identical terms to the previously outstanding $600 million in senior notes, with net proceeds designated to repay borrowings under the company's revolving credit facility. The offering is subject to market conditions. WaterBridge Infrastructure LLC operates as a leading integrated water infrastructure provider, managing produced water gathering, transportation, recycling, and disposal for oil and natural gas exploration companies primarily within the Delaware Basin.

August 5, 2026View Source ↗

WaterBridge Infrastructure LLC reported second quarter 2026 financial results, announcing revenue of $217.8 million and net income of $14.6 million. The company declared a quarterly cash dividend of $0.05 per share, payable on September 10, 2026, to shareholders of record as of August 27, 2026. WaterBridge closed the acquisition of Ranger Water Midstream for $80 million and agreed to acquire the Northern Delaware Basin Landfill for net consideration of $169 million. Additionally, the company amended its revolving credit facility, increasing aggregate commitments by $250 million to $750 million and reducing applicable margins by 25 basis points. Management raised full-year 2026 Adjusted EBITDA guidance to a range of $435 to $475 million and capital expenditures guidance to $530 to $590 million. WaterBridge Infrastructure LLC operates as an integrated water infrastructure company providing produced water handling, recycling, and environmental waste management services primarily in the Delaware Basin.