Quarterly ResultAug 5, 2026, 04:44 PM
WaterBridge Q2 Revenue $217.8M, Volumes +6%; Acquires Ranger, NDB Landfill
AI Summary
WaterBridge Infrastructure LLC announced strong second quarter 2026 financial results, with revenue increasing 8% quarter-over-quarter to $217.8 million and produced water handling volumes growing 6% to 2.6 million barrels per day. The company also reported strategic acquisitions, including Ranger Water Midstream for $80 million and an agreement to acquire the Northern Delaware Basin Landfill for a net $169 million, significantly expanding its environmental waste management business. As a result of these developments and positive commercial projects, WaterBridge increased its full-year 2026 Adjusted EBITDA guidance to $435-$475 million and declared a quarterly cash dividend of $0.05 per share.
Key Highlights
- Q2 2026 revenue increased 8% quarter-over-quarter to $217.8 million.
- Q2 2026 produced water handling volumes grew 6% QoQ to 2.6 million barrels per day.
- Q2 2026 net income was $14.6 million, with Adjusted EBITDA of $115.8 million.
- Acquired Ranger Water Midstream for $80 million, adding ~70 Mbpd capacity.
- Agreed to acquire Northern Delaware Basin Landfill for a net $169 million.
- Increased full-year 2026 Adjusted EBITDA guidance to $435-$475 million.
- Declared a quarterly cash dividend of $0.05 per share.
- Increased full-year 2026 capital expenditures guidance to $530-$590 million.
Price Impact
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