What is WaterBridge Infrastructure LLC's market cap?

WaterBridge Infrastructure LLC (WBI) has a market capitalization of $1.3B and trades on NYSE.

What is WaterBridge Infrastructure LLC's revenue and profitability?

WaterBridge Infrastructure LLC generated $628.6M in trailing twelve-month revenue with net income of $1.8M, representing a net margin of 0.3%. Gross margin stands at 24.7%, with free cash flow of -$41.8M. These figures are based on the Q1 2026 filing.

Who are WaterBridge Infrastructure LLC's competitors?

WaterBridge Infrastructure LLC's key competitors include Select Water Solutions, Aris Water Solutions, Chevron Corporation, and others. These companies compete in similar markets and product categories.

Who does WaterBridge Infrastructure LLC partner with?

WaterBridge Infrastructure LLC's notable partners include LandBridge, Texas Pacific Land Company, Five Point Energy, and others.

What subsidiaries does WaterBridge Infrastructure LLC have?

WaterBridge Infrastructure LLC's subsidiaries include Desert Environmental, WaterBridge NDB Operating LLC.

Where is WaterBridge Infrastructure LLC headquartered?

WaterBridge Infrastructure LLC is headquartered in United States of America. It has been publicly traded since 2025.

WBI

WaterBridge Infrastructure LLC

WBI

WaterBridge Infrastructure is a leading integrated, pure-play water infrastructure company primarily operating in the Delaware Basin of West Texas and New Mexico.

Market cap

$1.33B+17.6%

Revenue$628.6M+93.4%

Net income$1.8M-80.3%

Free cash flow-$41.8M+58.0%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 6, 2026

Revenue$201.0MBeat by $1.7M EPS$0.04Miss by $0.02

Read the full report

Next report

Aug 5, 2026 (in a month)

Revenue estimate$214.3M

EPS estimate$0.12

Financials

Q1 2026

Income statement

See full

Revenue$201.0M+105%

Gross profit$48.2M+38.0%

Operating income$30.5M+93.8%

Net income$3.5M+105%

EPS (diluted)$0.08—

Balance sheet

See full

Cash & equivalents$50.7M—

Total debt$1.5B—

Total equity$656.7M—

Total assets$3.8B—

Cash flow

See full

Operating cash flow$95.1M+120%

CapEx$110.9M+144%

Free cash flow-$15.8M-591%

Valuation & ratios

Valuation

See full

Market cap$1.33B+17.6%

Enterprise value$2.75B—

P/E734.2×—

P/S2.1×—

Profitability

See full

Gross margin24.7%—

Operating margin14.9%—

Net margin0.3%—

Returns & leverage

See full

Debt / equity2.2×—

Current ratio1.3×—

Segments

By product

See full

Produced Water Handling$181.9M+114%

Produced Water Handling Revenues Excluding Skim Oil$164.9M+113%

Skim Oil$17.0M+121%

Competitors

By market cap

Chevron$341.46B

Ecolab$77.8B

Texas Pacific Land$26.0B

Antero Midstream Corporation$10.5B

Aris Mining $3.0B

Select Water Solutions$2.3B

NGL Energy Partners$2.0B

WBI

WaterBridge Infrastructure LLC$1.3B

By revenue growth

WBI

WaterBridge Infrastructure LLC+93.4%

Texas Pacific Land+15.3%

Antero Midstream Corporation+8.3%

Ecolab+4.9%

Select Water Solutions-4.2%

Chevron-5.8%

NGL Energy Partners-9.0%

By net margin

Texas Pacific Land60.03%

Antero Midstream Corporation33.9%

Ecolab12.8%

Chevron5.79%

Select Water Solutions1.57%

WBI

WaterBridge Infrastructure LLC0.288%

NGL Energy Partners-4.51%

Profile

WaterBridge Infrastructure is a leading integrated, pure-play water infrastructure company primarily operating in the Delaware Basin of West Texas and New Mexico. The company provides critical water management solutions to oil and natural gas exploration and production (E&P) companies, including the gathering, transportation, recycling, and disposal of produced water. Its value proposition is built on a large-scale, redundant network of pipelines and handling facilities that ensure flow assurance for customers under long-term, fixed-fee contracts.

Competitive position

Operates the largest integrated produced water infrastructure network in the United States with significant scale and operational redundancy.

GeographiesUnited States, Delaware Basin, Eagle Ford Basin, Arkoma Basin

Customer segmentsUpstream Oil & Gas Operators, Exploration & Production Companies

Business modelFixed-fee contracts, Infrastructure-as-a-Service, Acreage Dedication

SuppliersPipe and equipment manufacturers, Power utilities, Landowners for surface and pore space access, Regulatory permitting agencies

CustomersUpstream E&P operators requiring water takeaway, Drilling companies requiring recycled water, Crude oil purchasers for recovered skim oil

CountryUnited States of America

Listed2025

CEOJason Long

FilingsSEC EDGAR

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Questions, answered.

What is WaterBridge Infrastructure LLC's market cap?: WaterBridge Infrastructure LLC (WBI) has a market capitalization of $1.3B and trades on NYSE.
What is WaterBridge Infrastructure LLC's revenue and profitability?: WaterBridge Infrastructure LLC generated $628.6M in trailing twelve-month revenue with net income of $1.8M, representing a net margin of 0.3%. Gross margin stands at 24.7%, with free cash flow of -$41.8M. These figures are based on the Q1 2026 filing.
Who are WaterBridge Infrastructure LLC's competitors?: WaterBridge Infrastructure LLC's key competitors include Select Water Solutions, Aris Water Solutions, Chevron Corporation, and others. These companies compete in similar markets and product categories.
Who does WaterBridge Infrastructure LLC partner with?: WaterBridge Infrastructure LLC's notable partners include LandBridge, Texas Pacific Land Company, Five Point Energy, and others.
What subsidiaries does WaterBridge Infrastructure LLC have?: WaterBridge Infrastructure LLC's subsidiaries include Desert Environmental, WaterBridge NDB Operating LLC.
Where is WaterBridge Infrastructure LLC headquartered?: WaterBridge Infrastructure LLC is headquartered in United States of America. It has been publicly traded since 2025.