{"filings":[{"id":2329881,"accession_number":"0001193125-26-355657","cik":2064947,"company_name":"WaterBridge Infrastructure LLC","ticker":"WBI","form_type":"8-K","filed_at":"2026-08-18T21:00:15+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"WaterBridge prices upsized $150M 6.5% senior notes due 2033; proceeds to repay revolver","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Priced $150M aggregate principal of 6.500% Senior Notes due 2033 at par; upsized from $100M.","Offering closed Aug 18, 2026; notes are additional to $600M existing 6.5% notes due 2033.","Net proceeds to repay outstanding borrowings under revolving credit facility.","Notes offered under Rule 144A/Reg S; unregistered, guaranteed by existing subsidiaries."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":3788870000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":2227676,"accession_number":"0001193125-26-348048","cik":2064947,"company_name":"WaterBridge Infrastructure LLC","ticker":"WBI","form_type":"8-K","filed_at":"2026-08-13T13:17:01+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"WaterBridge launches $100M add-on of 6.500% Senior Notes due 2033 to repay revolver","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$100M aggregate principal of 6.500% Senior Notes due 2033, add-on to existing $600M series issued Oct 2025.","Proceeds repay outstanding revolver borrowings; private placement under Rule 144A/Reg S to eligible purchasers.","RCF upsized Aug 4, 2026 from $500M to $750M; applicable margins and LC fees reduced by 0.25%.","Closed Ranger Water Midstream acquisition June 22, 2026 for $80M cash; Lea County, NM produced water assets.","Northern Delaware Basin Landfill acquisition ~$189M (net $169M after $20M land sale to LandBridge), Q3 2026 close expected."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":3788870000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":2080037,"accession_number":"0001193125-26-335301","cik":2064947,"company_name":"WaterBridge Infrastructure LLC","ticker":"WBI","form_type":"8-K","filed_at":"2026-08-05T20:37:27+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"WaterBridge Q2 revenue $217.8M, Adj. EBITDA $115.8M; raises FY guidance, announces two acquisitions","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 produced water volumes 2.6M bbl/d (+6% QoQ); revenue $217.8M (+8% QoQ); net income $14.6M; Adj. EBITDA $115.8M (from $102.9M in Q1).","Closed Ranger Water Midstream acquisition for $80M cash, adding ~70 Mbpd capacity in Lea County, NM.","Agreed to acquire NDB Landfill for net $169M; greenfield Stateline landfill construction to double waste management sites.","Raised FY2026 guidance: volumes 2.55-2.75M bbl/d, Adj. EBITDA $435-475M, CapEx $530-590M.","Declared $0.05/share dividend payable Sept 10; amended credit facility to $750M revolver with lower margins."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":3788870000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1250363,"accession_number":"0001193125-26-281132","cik":2064947,"company_name":"WaterBridge Infrastructure LLC","ticker":"WBI","form_type":"8-K","filed_at":"2026-06-24T20:30:16+00:00","items":["5.07"],"status":"ready","headline":"WaterBridge shareholders elect 13 directors, ratify Deloitte, approve say-on-pay","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 13 director nominees elected; each received over 89M votes for (excluding broker non-votes).","Deloitte & Touche ratified as auditor for FY 2026: 112.1M for, 152k against.","Advisory say-on-pay approved with 107.0M for, 113k against; one-year frequency chosen.","Voter turnout ~90.95% of outstanding shares (112.3M shares represented)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":3788870000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":97523,"accession_number":"0001193125-26-209050","cik":2064947,"company_name":"WaterBridge Infrastructure LLC","ticker":"WBI","form_type":"8-K","filed_at":"2026-05-06T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"WaterBridge Q1 revenue $201M, net income $9.5M; raises FY2026 EBITDA guidance to $425M-$465M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 2026 revenue $201.0M, net income $9.5M vs Q4 2025 net loss of $13.6M.","Adjusted EBITDA $102.9M, margin 51%; produced water volumes 2.5M bbl/d.","Raised FY2026 volume guidance to 2.525-2.725M bbl/d, Adj. EBITDA to $425M-$465M.","Declared quarterly dividend $0.05/share, payable June 18 to holders of record June 4.","Speedway Phase I on track for mid-year start; Phase II open season closed with strong demand."],"consensus_eps_estimate":null,"consensus_eps_actual":0.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":200977000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3788870000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":97522,"accession_number":"0001193125-26-155064","cik":2064947,"company_name":"WaterBridge Infrastructure LLC","ticker":"WBI","form_type":"8-K","filed_at":"2026-04-14T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"WaterBridge appoints Valerie Chase as independent director and Audit Committee Chair","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Valerie Chase appointed to Board, term expiring at 2026 annual meeting; replaces Kara Goodloe Harling on Audit Committee.","Ms. Chase receives 2,830 RSUs (vest Sept 18, 2026) and annual cash retainers totaling $120,000.","Chase has 20+ years finance/accounting experience, including roles at Apache Corp and Magnolia Oil & Gas.","Indemnification agreement entered into with Chase; no other arrangements or reportable transactions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":3788870000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":112405,"accession_number":"0001193125-26-106974","cik":2064947,"company_name":"WaterBridge Infrastructure LLC","ticker":"WBI","form_type":"8-K","filed_at":"2026-03-16T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"WaterBridge Q4 revenue $208.9M, volumes up 1% QoQ; initiates $0.05 dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 produced water volumes 2.6M bpd, revenue $208.9M (+2% QoQ), net loss $13.6M.","FY2025 pro forma revenue $790.0M (+19% YoY), pro forma Adjusted EBITDA $402.8M (51% margin).","Inaugural quarterly dividend of $0.05/share declared; payable March 19, 2026.","2026 guidance: Adj. EBITDA $420-460M, volumes 2,500-2,700 MBbl/d, capex $430-490M.","Speedway Pipeline Phase I expected mid-2026; Phase II open season commenced Feb 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3788870000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":128991,"accession_number":"0001193125-25-319440","cik":2064947,"company_name":"WaterBridge Infrastructure LLC","ticker":"WBI","form_type":"8-K","filed_at":"2025-12-15T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"WaterBridge appoints Janet Carrig to Board; replaces Sulton on Audit Committee","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Appointment effective Dec 12, 2025; term expires at 2026 annual meeting or earlier departure.","Carrig brings 20+ years legal experience; former SVP, GC & Corporate Secretary of ConocoPhillips (2007-2018).","Compensation includes 6,500 RSUs under LTIP, $100K annual cash retainer, plus $10K for Audit Committee service.","Indemnification agreement entered into; terms match previously filed form.","No arrangements or transactions requiring disclosure under Item 404(a) of Regulation S-K."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":3788870000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":128990,"accession_number":"0001193125-25-278011","cik":2064947,"company_name":"WaterBridge Infrastructure LLC","ticker":"WBI","form_type":"8-K","filed_at":"2025-11-12T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"WaterBridge Q3 pro forma revenue $205.5M (+8% QoQ); IPO, debt refinancing completed","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Completed largest energy-sector IPO since 2019; NYSE listing with $3.0B market cap.","Q3 pro forma revenue $205.5M, up 8% QoQ; pro forma Adjusted EBITDA $105.7M (51% margin).","Produced water volumes 2.5M bbl/d (+7% QoQ); bpx Kraken pipeline online with 400K bbl/d capacity.","Reached FID on Speedway Pipeline (mid-2026 expected); capex ~$290M.","Post-quarter: $1.425B senior notes issued (6.25%/6.50%); new $500M revolving credit facility."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":316672000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":3788870000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":128989,"accession_number":"0001193125-25-238061","cik":2064947,"company_name":"WaterBridge Infrastructure LLC","ticker":"WBI","form_type":"8-K","filed_at":"2025-10-14T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"WaterBridge awards $2.025M in IPO bonuses to CEO and three other executives","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Jason Long received a one-time cash bonus of $590,000 for IPO efforts.","President & COO Michael Reitz received $535,000; CFO Scott McNeely $470,000.","EVP & General Counsel Harrison Bolling received a $430,000 bonus.","Bonuses were approved by the board on Oct 7, 2025 and paid on Oct 10, 2025.","Payments tied to successful consummation of WaterBridge's initial public offering."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":3788870000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":128988,"accession_number":"0001193125-25-232163","cik":2064947,"company_name":"WaterBridge Infrastructure LLC","ticker":"WBI","form_type":"8-K","filed_at":"2025-10-07T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"WaterBridge closes $1.425B senior note offering, upsized from $1.4B; proceeds to repay term loans","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $825M 6.250% Senior Notes due 2030 and $600M 6.500% Senior Notes due 2033.","Offering upsized from initial $1.4B aggregate principal amount to $1.425B.","Net proceeds plus cash will repay all outstanding borrowings under legacy term loan facilities ($1.712B outstanding as of Sep 29, 2025).","Notes are senior unsecured, guaranteed by existing subsidiaries, rank equally with existing senior debt.","Up to 40% redeemable with equity offering proceeds at 106.250% (2030) or 106.500% (2033) before Oct 2027/2028."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":3788870000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":145732,"accession_number":"0001193125-25-225290","cik":2064947,"company_name":"WaterBridge Infrastructure LLC","ticker":"WBI","form_type":"8-K","filed_at":"2025-09-30T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"WaterBridge prices upsized $1.425B senior note offering to refinance term loans","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$825M of 6.25% notes due 2030 and $600M of 6.50% notes due 2033, both priced at par.","Closing expected October 6, 2025; proceeds plus cash to repay $1.712B of term loan facilities.","Offering upsized from previously announced amount; notes unsecured and sold in private placement.","Remaining proceeds for general corporate purposes and working capital."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":3788870000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":145731,"accession_number":"0001193125-25-224311","cik":2064947,"company_name":"WaterBridge Infrastructure LLC","ticker":"WBI","form_type":"8-K","filed_at":"2025-09-30T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"WaterBridge reaches FID on Speedway Pipeline; $290M first phase, in-service mid-2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Final investment decision for Speedway Pipeline first phase; construction Q4 2025, in-service by mid-2026.","Initial capacity 500,000 bpd, expandable to 2.0 million bpd.","Development cost $290M: $220M pipeline/handling facilities, $70M upstream gathering.","Pipeline connects Eddy and Lea counties (NM) to Central Basin Platform pore space owned by LandBridge.","Provides access to ~1.0 million bpd of approved produced water handling capacity."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3788870000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":145730,"accession_number":"0001193125-25-221810","cik":2064947,"company_name":"WaterBridge Infrastructure LLC","ticker":"WBI","form_type":"8-K","filed_at":"2025-09-29T23:59:59+00:00","items":["1.01","2.03","7.01","9.01"],"status":"ready","headline":"WaterBridge secures $500M revolver and launches $1.4B senior notes to refinance term loans","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Enters $500M secured revolving credit facility with Truist Bank and other lenders; maturity September 2030 or earlier per terms.","Announces private offering of $1.4B in two series of senior notes to repay legacy term loans with $1.712B outstanding.","Proceeds from notes plus cash on hand used to refinance term loans; revolver available for working capital.","Credit Agreement covenants: interest coverage >=2.50x, net leverage <=5.00x (step-up to 5.25x post-acquisition), senior secured leverage <=3.50x.","Pricing: SOFR + 2.00%-3.00% margin based on leverage; base rate +1.00%-2.00%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3788870000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":145729,"accession_number":"0001193125-25-215831","cik":2064947,"company_name":"WaterBridge Infrastructure LLC","ticker":"WBI","form_type":"8-K","filed_at":"2025-09-24T23:59:59+00:00","items":["1.01","5.02","9.01"],"status":"ready","headline":"WaterBridge closes IPO, consolidates debt facilities, grants 377,500 RSUs to NEOs","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Closed IPO on September 18, 2025; consolidation transactions completed on September 19, 2025.","Amended NDB credit facility: permits up to $1,150M term loans and $100M revolver.","Amended SDB credit facility: permits up to $575M term loans and $100M revolver.","Company and OpCo provide unsecured guarantees; first-priority liens on subsidiary assets (excluding OpCo).","Board approved LTIP; RSU grants to CEO (137,500), President (95,000), CFO (75,000), GC (70,000), vesting in 3 equal installments from Sept 18, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":3788870000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":145727,"accession_number":"0001193125-25-213708","cik":2064947,"company_name":"WaterBridge Infrastructure LLC","ticker":"WBI","form_type":"8-K/A","filed_at":"2025-09-24T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"WaterBridge closes full exercise of underwriters' option, raises ~$89M additional net proceeds","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Underwriters purchased 4,755,000 additional Class A shares at the IPO price less discounts.","Net proceeds from option shares ~$89M; total IPO net proceeds ~$677M.","Company also entered into a Tax Receivable Agreement with OpCo and TRA holders on Sept 18.","J.P. Morgan and Barclays were lead book-running managers; offering closed Sept 22, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":3788870000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":145728,"accession_number":"0001193125-25-207591","cik":2064947,"company_name":"WaterBridge Infrastructure LLC","ticker":"WBI","form_type":"8-K","filed_at":"2025-09-18T23:59:59+00:00","items":["1.01","5.03","5.02","3.02","3.03","7.01","9.01"],"status":"ready","headline":"WaterBridge Infrastructure completes IPO of 31.7M Class A shares at $20; restructuring closes","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 31.7M Class A shares at $20.00 in IPO; net proceeds ~$587.6M before option exercise.","Underwriters exercised greenshoe for 4.755M additional shares; closing expected Sep 22, 2025.","Completed corporate reorganization; contributes assets to OpCo; now sole managing member of OpCo.","Board formed with David N. Capobianco as chair; 10 directors appointed including Frank Bayouth.","Adopted LTIP reserving 5.7M Class A shares; entered registration rights and shareholders' agreements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":3788870000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}