Quarterly ResultMay 6, 2026, 04:26 PM
WaterBridge Raises 2026 Guidance; Q1 Net Income $9.5M, Revenue $201M
AI Summary
WaterBridge Infrastructure LLC announced its first quarter 2026 financial and operating results, reporting $201.0 million in revenue and a net income of $9.5 million. The company increased its full-year 2026 guidance for produced water handling volumes to 2.525-2.725 million barrels per day and Adjusted EBITDA to $425-$465 million, citing increased commercial demand and a strengthening macroeconomic backdrop. WaterBridge also declared a quarterly cash dividend of $0.05 per share.
Key Highlights
- Increased full-year 2026 produced water handling volume guidance to 2.525-2.725 million barrels per day.
- Raised full-year 2026 Adjusted EBITDA guidance to $425-$465 million.
- Reported Q1 2026 revenue of $201.0 million, a 4% sequential decrease.
- Achieved Q1 2026 net income of $9.5 million, compared to a $13.6 million net loss in Q4 2025.
- Recorded Q1 2026 Adjusted EBITDA of $102.9 million.
- Declared a quarterly cash dividend of $0.05 per share.
- Q1 2026 average produced water handling volumes were 2.5 million barrels per day.
- Q1 2026 capital expenditures totaled $110.9 million.