secwatch.observer — SEC 8-K summary
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Issuer:     WaterBridge Infrastructure LLC (WBI)
CIK:        0002064947
Form:       8-K
Filed at:   2026-03-16T23:59:59+00:00
Accession:  0001193125-26-106974
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WaterBridge Q4 revenue $208.9M, volumes up 1% QoQ; initiates $0.05 dividend
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2064947/000119312526106974/0001193125-26-106974-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2064947/000119312526106974/wbi-20260316.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-106974

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer