WATERBRIDGE INFRASTRUCT.A

WBI Operating LLC, a subsidiary of WaterBridge, priced $150 million of senior notes at 6.500% (due 2033) at par; the size was increased from an initial $100 million. The new notes will be issued as additional notes under the indenture dated Oct. 6, 2025 and share the terms of the existing $600 million series with a 6.500% coupon. WaterBridge intends to use the net proceeds to partially repay outstanding borrowings under its revolving credit facility; closing is expected on Aug. 18, 2026. » Więcej na de.investing.com

WaterBridge reported Q1 2026 revenue of $201.0m and net income of $9.5m (EPS $0.08), significantly missing profit expectations and sending the stock down about 4.17%. Despite the earnings disappointment, adjusted EBITDA was strong at $102.9m with a 51% margin. Management raised the full-year guidance for production volumes and adjusted EBITDA to $425–465m, citing stronger demand in the Delaware Basin and progress on the Speedway projects, while capital expenditures for pipeline construction increased. WaterBridge also announced a quarterly dividend; net debt at quarter-end was 3.3x covenant-EBITDA. » Więcej na de.investing.com

WaterBridge Infrastructure appointed Valerie Chase as a member of the board of directors and as chair of the audit committee; her term expires at the 2026 annual general meeting or earlier upon resignation or removal. The board classifies her as an independent director; Chase brings more than 20 years of experience in finance, accounting and corporate governance. She will receive 2,830 Restricted Stock Units, an annual cash retainer of $100,000 and additional annual payments of $10,000 each for committee membership and chair service, and an indemnification agreement has been put in place. » Więcej na de.investing.com

The Texas Railroad Commission spent $6.95 million to plug a Ward County well that erupted with toxic water in September 2024 and is now pursuing reimbursement from Houston wastewater operator WaterBridge, which denies responsibility. WaterBridge says its disposal well was properly permitted and disputes the commission's evidence linking its wastewater to the 1950s-era flowing well, pointing to other nearby disposal wells as possible causes. The company's disposal permit was canceled after the incident and a hearing on the enforcement action has not been scheduled. » Więcej na finance.yahoo.com

WaterBridge Infrastructure has appointed Janet Carrig to its board of directors; she meets the criteria as an independent director and will join the audit committee, replacing Michael Sulton. Carrig brings more than 20 years of legal experience from leadership roles at ConocoPhillips and Kellogg as well as board seats. For her service she will receive 6,500 Restricted Stock Units and an annual cash retainer of $100,000 plus $10,000 for the audit committee role; an indemnification agreement has also been entered into. The company also reports recent analyst ratings with differing price targets for WaterBridge. » Więcej na de.investing.com