---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-278011"
form_type: "8-K"
ticker: "WBI"
cik: "0002064947"
company_name: "WaterBridge Infrastructure LLC"
filed_at: "2025-11-12T23:59:59+00:00"
generated_at: "2026-05-16T21:50:29.074618+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# WaterBridge Q3 pro forma revenue $205.5M (+8% QoQ); IPO, debt refinancing completed

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-278011
- form_type: 8-K
- ticker: WBI
- cik: 0002064947
- company_name: WaterBridge Infrastructure LLC
- filed_at: 2025-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2064947/000119312525278011/0001193125-25-278011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2064947/000119312525278011/wbi-20251112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-278011
- JSON: https://secwatch.observer/filing/0001193125-25-278011.json
- Plain text: https://secwatch.observer/filing/0001193125-25-278011.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.