olivLaw · US equity research
WaterBridge Infrastructure LLC WBI
Oil & Gas Field Services, NEC · SIC 1389 · Vertical: Oil & Gas Field Services, NEC (SIC 1389)
WaterBridge Infrastructure LLC (WBI) is an integrated water infrastructure company handling produced water from oil and gas production, concentrated in the Delaware Basin, and handled 2.6 million barrels per day in the second quarter of 2026. Interest now centers on the Speedway pipeline, whose Phase I started taking volumes in July 2026 and whose Phase II could add capacity if customer commitments materialize.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 05 Nov 2026, WaterBridge Infrastructure LLC (WBI) stock was 23.95 USD (−8.03% on the day), with P/E 399.2 on diluted EPS of 0.06 USD over the last 12 months, beta 0.39, 52-week range 18.76–36.21 USD. Latest reported quarter (Q2 2026): revenue of 217.8 m USD (+128.0% YoY), net income of 5.1 m USD (−28.3% YoY), diluted EPS 0.10 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 28.0
- oversold (≤ 30)
- Bollinger (20, 2)
- 25.78 – 32.33
- below the lower band · %B -0.28 · band width 22.5%
- SMA 50 / 200
- 30.04 / 29.03
- mixed trend
- MACD (12, 26, 9)
- -0.85 / -0.40
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −20.4% | −1.1% | −19.3 pp | — |
| 3 months | −26.8% | −0.5% | −26.4 pp | — |
| 6 months | −14.6% | +4.4% | −19.0 pp | — |
| Year to date | +19.7% | +12.3% | +7.4 pp | — |
| 1 year | −1.6% | +13.5% | −15.1 pp | −13.9% |
| 3 years | unavailable | +76.4% | unavailable | −33.3% |
| 5 years | unavailable | +63.7% | unavailable | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q2 2026 · 30 Jun 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 89.8 m | 87.2 m | 97.9 m | 95.5 m | 123.3 m | 208.9 m | 201.0 m | 217.8 m |
| Cost of revenue | 62.9 m | 63.9 m | 63.0 m | 70.0 m | 88.3 m | 162.1 m | 152.8 m | 159.6 m |
| Operating income | 18.8 m | 15.1 m | 15.7 m | 17.2 m | 23.7 m | 22.3 m | 30.5 m | 40.3 m |
| Depreciation & amortisation | 20.0 m | 21.4 m | 19.0 m | 19.1 m | 30.0 m | 68.7 m | 45.0 m | 48.1 m |
| Pre-tax income | 3.4 m | 597.0 k | 1.8 m | 7.1 m | 4.4 m | -14.4 m | 10.6 m | 16.8 m |
| Income tax | 114.0 k | 68.0 k | 79.0 k | 10.0 k | -366.0 k | -788.0 k | 1.1 m | 2.2 m |
| Net income | 3.3 m | 529.0 k | 1.7 m | 7.1 m | -667.0 k | -4.5 m | 3.5 m | 5.1 m |
| Diluted EPS | — | — | — | — | -0.02 | -0.10 | 0.08 | 0.10 |
| Operating cash flow | — | 9.2 m | 43.2 m | 16.0 m ≈ | 12.3 m ≈ | 88.2 m | 95.1 m | 64.9 m ≈ |
| Capex | — | 31.9 m | 45.5 m | 84.5 m ≈ | 59.4 m ≈ | 89.2 m | 110.9 m | 123.3 m ≈ |
| Dividends paid | — | — | 0 | 0 ≈ | — | — | 6.2 m | 6.2 m ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 0 percentile of its own 1-quarter history (min 571.2, median 571.2, max 571.2; quarters with earnings only).
Fiscal years
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 200.8 m | 316.3 m | 525.6 m |
| Revenue YoY | unavailable | +57.5% | +66.2% |
| Net income | 14.7 m | 3.0 m | 9.0 k |
| Net income YoY | unavailable | −79.6% | −99.7% |
| Diluted EPS | unavailable | unavailable | unavailable |
| Diluted EPS YoY | unavailable | unavailable | unavailable |
| net % | 7.3% | 0.9% | 0.0% |
| Free cash flow | -99.5 m | -86.1 m | -118.9 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 51.5 m USD
- Financial debt
- 1.4 bn USD
- Net debt
- 1.4 bn USD
- Equity
- 1.8 bn USD
- Total assets
- 3.7 bn USD
- Debt / equity
- 0.78x
- Current ratio
- 1.38x
- ROE
- unavailable
- ROA
- 0.0%
- FCF margin
- -22.6%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Revenue | 200.8 m | 316.3 m | 525.6 m | SEC (XBRL)· 16 Mar 2026verified |
| Cost of revenue | 145.5 m | 227.8 m | 383.3 m | SEC (XBRL)· 16 Mar 2026verified |
| Gross profit | 55.3 m ≈ | 88.4 m ≈ | 142.2 m ≈ | SEC (XBRL)· 16 Mar 2026derived |
| Operating income | 40.5 m | 56.4 m | 78.9 m | SEC (XBRL)· 16 Mar 2026verified |
| Depreciation & amortisation | 48.4 m | 78.3 m | 140.9 m | SEC (XBRL)· 16 Mar 2026verified |
| EBITDA | 88.9 m ≈ | 134.7 m ≈ | 219.8 m ≈ | SEC (XBRL)· 16 Mar 2026derived |
| Pre-tax income | 14.8 m | 3.3 m | -1.1 m | SEC (XBRL)· 16 Mar 2026verified |
| Income tax | 111.0 k | 320.0 k | -1.1 m | SEC (XBRL)· 16 Mar 2026verified |
| Net income | 14.7 m | 3.0 m | 9.0 k | SEC (XBRL)· 16 Mar 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Revenue − Cost of revenue; Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Cash | 12.9 m | 13.3 m | 51.5 m | SEC (XBRL)· 16 Mar 2026verified |
| Current assets | — | 120.3 m | 261.1 m | SEC (XBRL)· 16 Mar 2026verified |
| Property, plant & equipment, net | — | 1.1 bn | 2.3 bn | SEC (XBRL)· 16 Mar 2026verified |
| Goodwill | — | 9.1 m | 53.1 m | SEC (XBRL)· 16 Mar 2026verified |
| Intangibles (excl. goodwill) | — | 98.6 m | 935.7 m | SEC (XBRL)· 16 Mar 2026verified |
| Total assets | — | 1.4 bn | 3.7 bn | SEC (XBRL)· 16 Mar 2026verified |
| Short-term debt | — | 6.5 m | 12.5 m | SEC (XBRL)· 16 Mar 2026verified |
| Long-term debt | — | 586.4 m | 1.4 bn | SEC (XBRL)· 16 Mar 2026verified |
| Current liabilities | — | 83.5 m | 188.9 m | SEC (XBRL)· 16 Mar 2026verified |
| Total liabilities | — | 687.5 m | 1.9 bn | SEC (XBRL)· 16 Mar 2026verified |
| Equity | — | 0 † | 1.8 bn | SEC (XBRL)· 16 Mar 2026verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|
| Operating cash flow | 48.5 m | 73.9 m | 159.7 m | SEC (XBRL)· 16 Mar 2026verified |
| Capex | 148.0 m | 159.9 m | 278.6 m | SEC (XBRL)· 16 Mar 2026verified |
| Free cash flow | -99.5 m ≈ | -86.1 m ≈ | -118.9 m ≈ | SEC (XBRL)· 16 Mar 2026derived |
| Investing cash flow | -171.3 m | -323.7 m | -218.6 m | SEC (XBRL)· 16 Mar 2026verified |
| Financing cash flow | 128.8 m | 250.2 m | 97.2 m | SEC (XBRL)· 16 Mar 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
Risk
Valuation
olivLaw classification
- score weight coverage: 47.9% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
05 Nov 2026Source: olivLaw, closing series
Market cap: unavailable
Key indicators
Coverage and freshness
Score by group
48% · Insufficient data
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 0.87 – 1.24 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · input data missing
- Peers: EV/EBITDAunavailable · input data missing
- Peers: P/E0.87 – 1.24 (Mid 1.19)10 companies used · median multiple 19.8x · quartiles 14.5x – 20.6xCLB, HAL, HOS, NESR, NGS, OII, RNGR, SLB, TUSK, WTTR
- Dividend discount (DDM)unavailable · input data missing
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: score weight coverage: 47.9% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | 3.0% | 33 (vs peers) | 22% |
| Net margin · Quality | 0.5% | 33 (vs peers) | 13% |
| FCF conversion · Quality | -3,576.0% | 0 (on a fixed band) | 13% |
| Revenue CAGR 3Y · Growth | unavailable | unavailable | — |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | 5.1x | 9 (vs peers) | 22% |
| Interest coverage · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | 1.5x | 62 (on a fixed band) | 9% |
| P/E (TTM) · Valuation | 399.2x | 0 (vs peers) | 22% |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet24/100 · 2/3 factors with a value
- Growth· partialunavailable · 0/2 factors with a value
- Quality24/100 · 3/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation· partial0/100 · 1/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
WaterBridge Infrastructure LLC (WBI). Latest full fiscal year: 2025; data up to 2026-06-30.
Figures computed from the financial statements: revenue 525.6 m USD in 2025; YoY growth 66.2%; net margin 0.5%; ROE 0.5%; net debt/EBITDA 5.1x.
The estimated value range is 0.87–1.24 USD per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 1.19 USD, the price of 23.95 USD leaves a potential of -95.0% (value / price − 1) and a margin of safety of -1,918.4% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (score weight coverage: 47.9% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.
What contradicts it
- FCF conversion: -3,576.0%
- Net debt / EBITDA: 5.1x
- P/E (TTM): 399.2x
- The price is above the estimated value range
Not assessed (insufficient data or a ratio without meaning): Revenue CAGR 3Y, EPS CAGR 3Y, Interest coverage, EV/EBITDA, FCF yield, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Oil & Gas Field Services, NEC (SIC 1389) · same industry (4-digit SIC) · compared with 18 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| SLBSlb Limited | 76.1 bn | 25.1 | 12.0% | 8.4% | −1.6% | +42% / −1% |
| HALHalliburton Company | 27.3 bn | 13.8 | 18.8% | 8.9% | −3.3% | +26% / −11% |
| OIIOceaneering International Inc | 3.4 bn | 10.3 | 31.1% | 11.4% | +4.6% | +39% / +65% |
| NESRNational Energy Services Reunited Corp. | 1.9 bn | 20.7 | 9.4% | 5.8% | +1.7% | +38% / unavailable |
| RESRpc, Inc. | 1.2 bn | — | -3.0% | -1.8% | +15.0% | +5% / −23% |
| HOSHornbeck Offshore Services, Inc. | 790.0 m | 20.1 | 2.5% | 3.0% | −4.9% | −20% / −42% |
| PUMPProPetro Holding Corp. | 738.4 m | — | 0.2% | 0.2% | −12.1% | −37% / −34% |
| WTTRSelect Water Solutions, Inc. | 622.7 m | 19.5 | 3.5% | 2.2% | −3.1% | +53% / +107% |
| ACDCProFrac Holding Corp. | 493.6 m | — | -57.4% | -22.8% | −11.4% | −23% / −66% |
| CLBCore Laboratories Inc. | 409.2 m | 26.5 | 5.7% | 3.0% | +0.5% | −41% / −50% |
| NGSNatural Gas Services Group, Inc. | 344.1 m | 16.6 | 7.3% | 10.8% | +9.9% | −14% / +74% |
| TUSKMammoth Energy Services, Inc. | 143.4 m | 10.1 | 5.3% | 17.1% | −2.9% | +62% / −33% |
| NINENine Energy Service, Inc. | 94.7 m | — | -214.6% | -9.1% | +1.4% | unavailable / unavailable |
| KLXEKLX Energy Services Holdings, Inc. | 20.4 m | — | — | -9.7% | −10.2% | −42% / −90% |
| RCONRecon Technology, Ltd | 8.7 m | — | -5.9% | -27.0% | +75.0% | −100% / −100% |
| WBIWaterBridge Infrastructure LLC | — | 399.2 | 0.5% | 0.5% | +66.2% | −2% / unavailable |
| LBRTLiberty Energy Inc. | — | 46.8 | 2.0% | 0.9% | −7.2% | −36% / −43% |
| RNGRRanger Energy Services, Inc. | — | 20.1 | 5.1% | 2.6% | −4.2% | −6% / +30% |
| NOANorth American Construction Group Ltd. | — | — | 8.0% | 2.6% | +10.2% | −34% / −54% |
1- and 3-year price returns: for WBI from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Scenarios are not available. input data missing
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 06 Aug 2026; since then the company filed 8-K (04 Nov 2026 · results).
In brief
WaterBridge Infrastructure LLC (WBI) is an integrated water infrastructure company handling produced water from oil and gas production, concentrated in the Delaware Basin, and handled 2.6 million barrels per day in the second quarter of 2026 3. Interest now centers on the Speedway pipeline, whose Phase I started taking volumes in July 2026 and whose Phase II could add capacity if customer commitments materialize 23.
SWOT
Strengths
- The integrated network is one of the largest in the US and is backed by long-term contracts with fixed fees that provide relatively predictable revenue.
- Preferential access to disposal space through the LandBridge relationship is difficult for competitors to replicate.
- Revenue linked to the long life of wells rather than new drilling helps dampen cyclicality.
Weaknesses
- Geographic concentration in the Delaware Basin exposes the company to regional supply, demand, and weather factors.
- Dependence on a few large customers makes revenue sensitive to their investment decisions.
- Significant debt, including high-coupon senior notes, limits financial flexibility.
Opportunities
- Development of Speedway Phase II could substantially increase transport capacity.
- Acquisitions of producer-owned and third-party water assets can expand the network and bring new long-term contracts.
- A shift to closed-loop disposal could generate additional volumes for the waste management division.
Threats
- Lower oil and gas prices could reduce producer activity in the region.
- Trade policies and tariffs could raise equipment costs and restrict customers' access to financing.
- Producers that choose in-house water systems or other providers could reduce the company's market share.
Risks
- Dependence on E&P activityhigh
Volumes depend on drilling and production levels that the company does not control, and a fall in prices could reduce demand for its services 1.
- Geographic concentrationhigh
Most revenue comes from the Delaware Basin, exposing the company to regional risks such as regulation, extreme weather or capacity limits 1.
- Expansion project executionmedium
Construction and commissioning of Speedway Phase II are subject to uncertainties, and the company cannot assure the estimated timetables 1.
- Customer concentrationmedium
A small number of customers account for a significant share of volumes, so a decision by one to reduce activity could affect results 1.
- Debt and cost of capitalmedium
Higher interest rates and borrowing costs, including under the revolving credit facility, could reduce financial flexibility 2.
Investment thesis
What would need to be true (bull case)
- If volumes keep rising with the Speedway pipeline, revenue could benefit from a new expansion cycle supported by long-term contracts.
- The Lea County acquisitions and the waste division expansion could add recurring revenue and geographic diversification.
- If Permian activity stays resilient, demand for produced water handling could support medium-term growth.
What would break the thesis
- A prolonged fall in oil prices could reduce volumes and revenue, especially if large customers cut their investment.
- Concentration in the Delaware Basin could amplify the impact of regional shocks such as new regulation or capacity limits.
- Acquisitions and capital spending could strain debt levels if operating results do not follow the planned pace.
What to watch
- Pace of volume growth on the Speedway Phase I pipelineQ3 2026
- Closing of the NDB Landfill acquisition and the LandBridge surface agreementQ3 2026
- Outcome of the commitment solicitation for Speedway Phase II2027
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 06 Aug 2026; since then the company filed 8-K (04 Nov 2026 · results).
The business
Segments
Produced water handling
This is the core business, with long-term transportation and handling contracts mostly on fixed per-barrel fees and minimum volume commitments in some cases 1. Volumes are rising with the Kraken ramp-up and Speedway Phase I, which started receiving volumes in July 2026 23.
Water solutions and recycling
The company sells brackish and recycled produced water for drilling and completion operations at contracted fees per barrel sold, and recovers residual skim oil from its water stream 1.
Market context
The core market is the Delaware Basin, described as the most prolific oil and gas basin in North America, where produced water volumes significantly exceed related hydrocarbon output 12. The company also operates in the Eagle Ford and Arkoma basins, but Delaware accounts for most revenue, which creates significant geographic exposure 1.
Demand depends on producers' capital spending, oil and gas prices and trade policy, and volatility in 2026 linked to the Iran conflict has raised uncertainty about E&P activity 12.
Trends
- Speedway pipeline expansiontailwind
Phase I, with 500,000 bpd of capacity, began receiving volumes in July 2026, and Phase II could add up to another 500,000 bpd if customer commitments materialize 123.
- Consolidation among E&P producersheadwind
Consolidation of Delaware Basin producers could lower capital spending and water volumes, although long-term contracts partly mitigate this risk 1.
- Oil price and interest rate volatilitymixed
High oil prices can stimulate activity, but elevated interest rates and a stronger dollar raise capital costs and may temper operator spending 2.
- Consolidation of energy waste disposaltailwind
A shift toward closed-loop disposal systems could increase volumes captured by Desert Environmental, and the New Mexico acquisitions support this direction 13.
Competitive position
Large customers may build their own produced water systems or choose other providers, and the company also faces numerous third-party water infrastructure companies with existing assets 1. The stated advantage is network scale and access to disposal space through LandBridge 1.
The company says its scale and operational redundancy give it capital efficiency relative to smaller or producer-owned systems, though these advantages are not quantified against peers in the sources reviewed 1.
- E&P operators with in-house water systems
Producers that manage produced water internally, an alternative to outsourcing that the company itself identifies as a risk 1.
- Independent water infrastructure providers
Third-party companies with existing transport and treatment assets in the Permian that compete for volumes 1.
- Delaware Basin water management companies
Regional operators offering recycling and disposal in the same dedicated acreage areas 13.
- Energy waste disposal operators
Companies running drilling waste disposal facilities that compete directly with the Desert Environmental division 1.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- WaterBridge’s (WBI) Approach to Managing Water ResourcesYahoo Finance — News · 03 Sept 2026 · EN
The latest news item in our archive is from 03 Sept 2026; the newest SEC filing is from 04 Nov 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.
SEC filings
- Current report04 Nov 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Current report21 Sept 2026Departure or appointment of officers
- Current report18 Aug 2026Material agreement · Creation of a direct financial obligation · Other events · Financial statements and exhibits
- Current report13 Aug 2026Regulation FD disclosure · Other events · Financial statements and exhibits
- Quarterly report06 Aug 2026
- Current report05 Aug 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Current report24 Jun 2026Shareholder vote
- Quarterly report07 May 2026
- Current report06 May 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Proxy statement30 Apr 2026
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / WaterBridge Infrastructure LLC · 16 Mar 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / WaterBridge Infrastructure LLC · 06 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / WaterBridge Infrastructure LLC · 05 Aug 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.