WaterBridge Infrastructure LLC (WBI)
Energy · Water infrastructure for energy · NYSE
WaterBridge is the largest integrated produced water infrastructure operator in the US, providing gathering, transportation, recycling and disposal solutions to E&P companies in the Delaware Basin and beyond.
What WaterBridge Infrastructure LLC does
WaterBridge Infrastructure is a leading integrated water infrastructure company that operates the largest produced water handling network in the United States, predominantly in the Delaware Basin. The company provides water management solutions to oil and natural gas E&P companies through long-term contracts covering gathering, transporting, recycling, and handling of produced water. It also operates two energy waste management facilities under the Desert Environmental brand for disposal of non-hazardous oil and gas waste, and manages approximately 2,500 miles of pipelines and 201 produced water handling facilities with 4.7 million barrels per day capacity.
Themes: ["Oil and gas water management","Produced water infrastructure","Energy infrastructure","Water handling and disposal","Delaware Basin operations","Long-term E&P contracts","Waste management solutions"]
Fundamentals
- Price$33.71 as of 2026-07-10 close
- Market cap$3.9B as of 2026-07-12
- 1-year return+68.5% as of 2026-07-10 close
- P/E283.62 as of 2026-07-12
- Net margin+2.3% as of 2026-07-12
- Gross margin+27.1% as of 2026-07-12
- ROE+2.1% as of 2026-07-12
- Debt / equity2.24 as of 2026-07-12
- Revenue CAGR (3y)+61.8% SEC XBRL
- Beta-0.05 as of 2026-07-12
Dividend: yield +0.7%; pays a dividend.
Key risks (from latest filing)
["Dependence on oil and natural gas E&P activity; declining commodity prices or reduced drilling activity could significantly reduce customer demand and revenues","Long-term construction and expansion projects subject to execution risk, regulatory delays, and cost overruns (e.g., Speedway Pipeline projects)","Highly leveraged balance sheet with $1.46 billion in long-term debt and high interest expense relative to net margins, limiting financial flexibility"]
Competitors & peers
- Blueknight Energy Partners
- Tronox Holdings
- USA Compression Partners
- Vanguard Natural Resources
Fundamentals: Finnhub, as of 2026-07-12. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-10.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.