WaterBridge Infrastructure LLC (WBI)
Energy · Energy midstream / water management · NYSE
WaterBridge Infrastructure operates critical midstream water management infrastructure for oil and gas producers in the Permian Basin.
What WaterBridge Infrastructure LLC does
WaterBridge Infrastructure LLC provides comprehensive water management services for oil and natural gas exploration and production companies, primarily in the Permian Basin. Its services include the collection, treatment, recycling, and disposal of produced water, as well as the sourcing and delivery of water required for drilling and completions. The company operates midstream infrastructure to facilitate these processes, including pipeline networks and disposal facilities.
Themes: Permian Basin energy infrastructure, produced water management, water recycling and sustainability, midstream energy services
Fundamentals
- Price$31.61 as of 2026-08-26 close
- Market cap$3.9B as of 2026-08-27
- P/E336.27 as of 2026-08-27
- Net margin+1.6% as of 2026-08-27
- Gross margin+25.1% as of 2026-08-27
- ROE+1.8% as of 2026-08-27
- Debt / equity2.13 as of 2026-08-27
- Revenue growth (YoY)+66.2% FY2025 vs FY2024, SEC XBRL
- Revenue CAGR (3y)+61.8% SEC XBRL
- Beta-0.07 as of 2026-08-27
- Last reported earnings2026-08-05 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +0.6%; pays a dividend.
How WBI compares in its sector
- price-to-earnings ratiotop 10% 118 covered Energy peers, as of 2026-08-27
- net profit marginmiddle range 149 covered Energy peers, as of 2026-08-27
- operating marginmiddle range 149 covered Energy peers, as of 2026-08-27
- gross marginmiddle range 142 covered Energy peers, as of 2026-08-27
- return on equitymiddle range 152 covered Energy peers, as of 2026-08-27
- 3-year revenue CAGRtop 10% 138 covered Energy peers
- indicated dividend yieldbottom 25% 97 covered Energy peers, as of 2026-08-27
- free cash flow (absolute dollars, latest fiscal year)bottom 10% 95 covered Energy peers, as of FY2025
Position among covered Energy companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
WBI is not currently in any published Top 10 list. Its scores are below.
Long-term score
50.3 #811 of 1,603 scored · #60 of 83 in Energy
Growth 98th (3-year revenue CAGR 61.8%) and long-term trend 49th (trading above its 200-day average); weakest is financial health (16th, debt to equity 2.1). Scored on 5 of 6 pillars — it pays a dividend, but its filings carry no per-share series to count increases from; no annual share count in its filings.
Short-term score
39.9 #1256 of 1,698 scored · #75 of 84 in Energy
Catalysts 52nd: analysts have raised their average price target by 2.4% since the prior reading; setup 45th: day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 2% of the past ~6 months), which often precedes a bigger move; weakest is momentum 32nd: MACD momentum is negative. Its short interest was not measured, so no short-interest deduction applies.
Scores as of 26 Aug 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 3.
How WaterBridge Infrastructure LLC looks technically
WaterBridge Infrastructure LLC (WBI) is trading 18.3% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average has held above its 200-day average for at least 28 trading days — a long-sustained "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 17, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 44, neither overbought (above 70) nor oversold (below 30). It made a new 20-day low about 10 trading days ago. Day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 2% of the past ~6 months), which often precedes a bigger move.
Trend
8
| Distance from the 200-day | it is trading 18.3% above its 200-day average, the long-term trend line — a longer-term uptrend | +18.3% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $32.77 | $32.77 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $26.72 | $26.72 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing low 13 calendar days ago — the swings before that are what the structure reading is measured on | 13 sessions |
| Wave structure | its recent swings can be read as a completed three-part downward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes below 30.79. It is the only labelling that fits, and it describes the swings already printed, not what comes next. | possible three-wave downward correction, complete |
| Since the 50/200 cross | its 50-day average has held above its 200-day average for at least 28 trading days — a long-sustained "golden cross", a bullish long-term signal | at least 28 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 17, below the 25 that marks a real trend) | 17.4 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 44, neither overbought (above 70) nor oversold (below 30) | 44.4 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($30.61 to $33.13) — its "stochastic" reading is 40 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 39.6 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 24 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $36.89 | $36.89 |
|---|---|---|
| From the 52-week high | it is 14.3% below its 52-week high (its highest price of the past year) | -14.3% |
| Above the 52-week low | it is 69.6% above its 52-week low (its lowest price of the past year) | +69.6% |
| Below the 52-week high | it is 14.3% below its highest point of the past year | 14.3% |
| Since a 20-day breakout | it made a new 20-day low about 10 trading days ago | 10 sessions |
| Since a 55-day breakout | it made a new 55-day high about 26 trading days ago | 26 sessions |
| All-time high | its highest closing price on record is $36.89 (set on 2026-07-22) | $36.89 |
| Given back of the 52-week move | not available for this company yet | n/a |
| From the all-time high | it is 14.3% below its all-time high | -14.3% |
| Nearest price level | not enough price history yet — needs 252 trading sessions | n/a |
| All-time low | its lowest closing price on record is $18.64 (set on 2026-01-07) | $18.64 |
| Above the all-time low | it is 69.6% above its all-time low | +69.6% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 2% of the past ~6 months), which often precedes a bigger move | 2nd percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $1.33 between its high and its low — about 4.2% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $1.33 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $30.67 and $33.99 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $30.67 – $32.33 – $33.99 |
| Typical daily range (% of price) | its price moves about 4.2% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 4.2% |
| Stretch from the 200-day average | it is trading 3.7 daily ranges above its 200-day average price (18.3% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 3.7 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.66× |
|---|
Analyst
2
| Change in the average price target | analysts have raised their average price target by 2.4% since the prior reading | +2.4% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating has softened toward "sell" since the prior reading | 0.02 toward sell |
Candlestick patterns
2
| Since a hammer | 7 sessions ago, after a stretch of decline, it sold off hard during the session and then closed back near its high — a "hammer", the long lower wick showing the drop was bought back before the close | 7 sessions ago |
|---|---|---|
| Since a bearish engulfing | 3 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 3 sessions ago |
Price gaps
2
| Gap at the open | it opened on 2026-08-26 at essentially the same price it closed at the session before — no meaningful overnight gap | -0.1% |
|---|---|---|
| Gap filled | a 2.2% gap down opened on 2026-08-13 has been "filled" 8 sessions ago — price traded back through the level the gap left behind, and it took 1 session to close | 8 sessions ago |
Price streaks
1
| Closing streak | it closed lower in its latest session, after a session that did not close lower — a single down day rather than a run | 1 session down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 13.0 percentage points (the stock lost 9.4% while the market gained 3.7%) | -13.1% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 1.3 percentage points (the stock gained 1.4% while the market gained 2.7%) | -1.3% |
| vs market, 6 months | over the past 6 months this stock beat the market by 10.3 percentage points (the stock gained 21.5% while the market gained 11.1%) | +10.3% |
| vs market, 12 months | not available for this company yet | n/a |
Signal agreement
2
| Bullish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, outperforming the market over 6 months — these describe past price behaviour, not a forecast | 3 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: MACD momentum is negative — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading inside the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-21 and projected forward over today's price, the zone traders read as unresolved — neither side has established a trend, and the band is where that gets settled. The band itself is moderate, spanning 5.8% of the share price. | 0.0% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 10% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $28.72 — a volume-weighted average of daily closes over 153 sessions, not a true tick-by-tick VWAP. | +10.1% |
|---|---|---|
| Vs the average paid since it last reported | the price is 1% below the average price paid since it last reported on 2026-08-05 (its 8-K), so the typical buyer over that stretch is under water. That average is $32.04 — a volume-weighted average of daily closes over 16 sessions, not a true tick-by-tick VWAP. | -1.4% |
Wave structure
Its recent swings can be read as a three-part downward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes below $30.79.
It is the only labelling that fits these swings, though its proportions are not the textbook ones.
This reading has stood for 4 trading days, since 2026-08-21.
Read from daily closes as of 2026-08-26.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · in a Bollinger Band volatility squeeze · trendless / choppy (low ADX) · Analyst price target recently RAISED · Trading inside the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · breakout · bollinger bands
Based on daily closing prices as of 2026-08-26. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (1.86 mean, 1=Strong Buy…5=Strong Sell) — 7 analysts
- Mean price target$36.43 range $28.00 – $43.00; median $38.00
Analyst estimates, as of 2026-08-26. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for WBI
- Consensus EPS estimate$0.1716 next reporting period, as of 2026-08-26
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Reliance on a limited number of customers and the Permian Basin for the majority of revenues.","Exposure to commodity price volatility affecting customer drilling and completion activity.","Risk of consolidation among E&P customers reducing demand or pricing power."]
What changed in the latest 10-Q
AI-assisted comparison of WBI's 10-Q filed 2026-05-07 against the prior one filed 2025-11-12.
Management's Discussion & Analysis (MD&A)
- Added:
- Reference to 'audited consolidated financial statements and related notes in our Annual Report on Form 10‑K for the fiscal year ended December 31, 2025' added to newer filing
- Clarification that historical financial information reflects NDB Operating and subsidiaries 'for periods prior to September 17, 2025, and to WaterBridge and its subsidiaries for periods after such date' added to newer filing
- Mention of 'Separate historical results of WaterBridge Equity Finance LLC, a former Delaware limited liability company ("WBEF")' added to newer filing
- Discussion of Iran conflict and Strait of Hormuz disruption impacting global oil supply and prices added to newer filing
- Reference to 'provisions in the OBBBA (which extended certain tax incentives beneficial to fossil fuels while introducing new uncertainties)' added to newer filing
- Discussion of 'President Trump's various Executive Orders relating to energy production, which include expedited approvals for energy resource infrastructure' added to newer filing
- First Quarter Results section with specific financial metrics for Q1 2026 compared to Q1 2025 added to newer filing
- Results of Operations table for 'Three Months Ended March 31, 2026 Compared to Three Months Ended March 31, 2025' added to newer filing
- Total produced water handling volumes metric of '2,460 MBbl per day' added to newer filing
- Total water solutions volumes metric of '271 MBbl per day' added to newer filing
- Removed:
- Reference to 'our prospectus, dated September 16, 2025' removed from newer filing
- Reference to 'IPO' and 'WaterBridge Combination and Corporate Reorganization' sections as future topics removed from newer filing
- Specific infrastructure details including 'approximately 2,500 miles of pipelines and 197 produced water handling facilities' removed from newer filing
- Reference to 'more than 2.5 million bpd of produced water' and 'more than 4.5 million bpd of total produced water handling capacity' removed from newer filing
- Reference to 'two waste management facilities for the disposal of non-hazardous waste' branded under 'Desert Environmental' removed from newer filing
- Named customer list including 'bpx energy, Chevron Corporation, Devon Energy Corp., EOG Resources, Inc. and Permian Resources Corporation' removed from newer filing
- Detailed 'Recent Developments' subsections describing IPO and WaterBridge Combination removed from newer filing
- Reworded:
- Forward-looking statements disclaimer changed from 'may affect' to 'may be outside our control and may affect' in newer filing
- Reference changed from 'our Financial Statements' to 'the accompanying unaudited condensed consolidated financial statements' in newer filing
- Changed from 'our predecessor for SEC reporting purposes prior to September 17, 2025' to 'one of our predecessors for SEC reporting purposes' in newer filing
- Changed from 'does not give pro forma effect' language to simpler statement of historical financial results in newer filing
- Market outlook language expanded to include discussion of geopolitical conflicts, OBBBA enactment, tariffs, trade policies, OPEC+ decisions, inflation, interest rates, and industry consolidation in newer filing
- Language about energy development outlook changed from 'remains positive' to include specific discussion of 'President Trump's various Executive Orders' in newer filing
- Notes:
- Older filing text appears truncated at end of table ('Direct operating costs 83,838 41,94'), limiting full comparison of financial data sections
- Older filing contains sections on IPO and WaterBridge Combination details that are absent from newer filing, suggesting different reporting contexts or time periods
- Comparison reflects different fiscal periods: newer filing is Q1 2026 (three months ended March 31, 2026) while older filing appears to be Q3 2025 (three months ended September 30, 2025)
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 4 open-market sales by insiders in the last 90 days.
- Last 90 days0 buys · 4 sells ($584M) — 4 selling insiders
- Last 180 days0 buys · 4 sells ($584M) — 4 selling insiders
Cluster buying: 3 different insiders reported open-market purchases (SEC code P) of WBI within a 30-day window between 2026-01-05 and 2026-01-06. Disclosed Form 4 activity, not a prediction of performance or a buy signal.
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-06-22. As of 2026-08-27.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about WBI's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Congressional trading disclosures
U.S. House members publicly disclose their own, their spouse's, and dependent children's stock transactions under the STOCK Act. We hold 2 matched disclosures for WBI from U.S. House Clerk Periodic Transaction Report filings.
Congressional trading disclosures →Institutional ownership (13F)
5 institutional 13F filers reported holding WBI as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 5,492,762
- Reported value $147,151,093
reported quarterly holdings change (2025-12-31 → 2026-03-31): 1 new, 2 increased, 2 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
WBI had 5,485,491 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
Short interest as a percent of shares outstanding is not shown for WBI because we do not hold a verified share count to divide it by. The reported figures above are unaffected.
- Reported short interest (shares) 5,485,491
- Prior settlement (shares) 5,330,795
- Reported change 2.9%
- Days to cover (reported) 8.05
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- NGL Energy Partners (NGL)
- Select Water Solutions (WTTR)
- NuStar Energy (NS)
- MPLX LP (MPLX)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does WaterBridge Infrastructure LLC (WBI) do?
WaterBridge Infrastructure LLC provides comprehensive water management services for oil and natural gas exploration and production companies, primarily in the Permian Basin. Its services include the collection, treatment, recycling, and disposal of produced water, as well as the sourcing and delivery of water required for drilling and completions. The company operates midstream infrastructure to facilitate these processes, including pipeline networks and disposal facilities.
What sector is WaterBridge Infrastructure LLC (WBI) in?
WaterBridge Infrastructure LLC (WBI) is classified in the Energy sector. Its industry is Energy midstream / water management. It trades on NYSE.
Does WBI pay a dividend?
Yes — WaterBridge Infrastructure LLC (WBI) pays a dividend, with an indicated yield of about 0.62% (market data, as of 2026-08-27). Informational only — not financial advice.
Who are WaterBridge Infrastructure LLC's (WBI) competitors?
Notable peers of WaterBridge Infrastructure LLC (WBI) include NGL Energy Partners, Select Water Solutions, NuStar Energy and MPLX LP. This peer set is informational only — not financial advice.
Has there been recent Congressional stock trading in WBI?
Yes — we hold 2 matched STOCK Act disclosures for WBI from U.S. House Clerk Periodic Transaction Report filings. These are legally-required disclosures (often filed 30–45 days after the trade), may belong to a U.S. House member, their spouse, or a dependent child, and are not an indicator of company performance or investment advice.
Is WaterBridge Infrastructure LLC (WBI) overbought or oversold right now?
WaterBridge Infrastructure LLC (WBI) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 44, in the neutral middle (as of 2026-08-26). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on WBI come from?
Fundamentals and prices come from market data, as of 2026-08-27; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-27. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-26.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.