{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-106974","form_type":"8-K","ticker":"WBI","cik":"0002064947","company_name":"WaterBridge Infrastructure LLC","filed_at":"2026-03-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.144299+00:00","generated_at":"2026-05-15T12:02:16.842330+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"WaterBridge Q4 revenue $208.9M, volumes up 1% QoQ; initiates $0.05 dividend","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-106974","json":"https://secwatch.observer/filing/0001193125-26-106974.json","markdown":"https://secwatch.observer/filing/0001193125-26-106974.md","text":"https://secwatch.observer/filing/0001193125-26-106974.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2064947/000119312526106974/0001193125-26-106974-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2064947/000119312526106974/wbi-20260316.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T12:02:16.842330+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}