WaterBridge Infrastructure LLC

WBI

Market cap $1.58B

WaterBridge (WBI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

WaterBridge Infrastructure is rated 'Hold' as the current valuation (~8x 2026E EBITDA) reflects its franchise quality and growth backlog. WBI's fee-based, volume-driven model benefits from rising produced water volumes in the Permian, underpinned by long-term contracts and regulatory tailwinds. Growth projects like Speedway Phase II and Stateline underpin 8% volume and 10% EBITDA growth guidance for 2026, but leverage remains elevated at 3.3x.

Waterbridge Infrastructure is rated a buy, with shares undervalued by over 63% YoY based on 2026 EBITDA guidance and project momentum. WBI's 2026 adjusted EBITDA guidance is $425–$465 million, underpinned by increased water handling capacity and the Speedway Pipeline Phase II expansion. Net leverage is targeted below 3x by FY 2026, with deleveraging and liquidity management central to the investment thesis.

Devon Holdco, an indirect subsidiary of Devon Energy, sold 1,755,174 Class A shares for a transaction value of $52.7 million on June 22, 2026. This disposition was effected solely through indirect ownership (Devon Holdco).

HOUSTON--(BUSINESS WIRE)--On June 11, 2026, VettaFi announced that WaterBridge Infrastructure LLC (NYSE: WBI; NYSE TX: WBI) (the “Company” or “WaterBridge”) will be added to the indexes listed below following the close of trading on Thursday, June 18, 2026. Each of the following indexes is a capped, float-adjusted, capitalization-weighted index whose constituents earn the majority of their cash flow from midstream activities involving energy commodities: Alerian MLP Infrastructure Index (AMZI).

WaterBridge stock surged Friday, reclaiming its latest buy point and hitting new highs. That makes it the IPO Stock Of The Week.

WaterBridge Infrastructure stock is moving toward a new high, not long after a price drop established a new buy area.

HOUSTON--(BUSINESS WIRE)--WaterBridge Infrastructure LLC (NYSE: WBI; NYSE TX: WBI) (the “Company” or “WaterBridge”) today announced its financial and operating results for the first quarter of 2026. Recent Financial and Operational Highlights Average produced water handling volumes of 2.5 million barrels per day Revenue of $201.0 million Net income of $9.5 million, with net income margin of 5% Adjusted EBITDA of $102.9 million, with Adjusted EBITDA Margin of 51%(1) Gross margin of $48.2 million.

HOUSTON--(BUSINESS WIRE)--WaterBridge Infrastructure LLC (NYSE: WBI; NYSE TX: WBI) ("WaterBridge") today announced that it will release its financial results for the first quarter of 2026 after market close on Wednesday, May 6, 2026. WaterBridge will host a webcast and conference call to discuss its results on Thursday, May 7, 2026, at 11 a.m. Central Time / 12:00 p.m. Eastern Time. Webcast Instructions: To listen to the live webcast, please visit the Events and Presentations section of the Wat.

Energy remains my top sector for long-term alpha, driven by prudent capital allocation, dwindling reserves, and underestimated demand growth. Despite recent outperformance, I am not chasing momentum; I plan to buy on weakness when geopolitical risk premiums fade. Large E&P companies are prioritizing free cash flow and reserve protection over production growth, supporting a bullish supply outlook.