WaterBridge Q2 Revenue Jumps 8%, Raises 2026 EBITDA and Capex Guidance
WBI sits 80% above its 52-week low of $18.64.
Summary
WaterBridge posted Q2 revenue of $217.8M, up 8% sequentially, driven by a 6% rise in produced water handling volumes to 2.6M barrels per day. The company closed the Ranger Water Midstream acquisition and announced plans to double waste management capacity. Management raised full-year 2026 guidance across the board: produced water volumes to 2.55-2.75M barrels/day, adjusted EBITDA to $435-$475M, and capex by $100M to $530-$590M. The upward revisions signal strong operational momentum and confidence in continued demand growth. With the stock trading at 47x forward earnings, the market is pricing in execution on these higher targets.
At the time of this announcement, WBI was trading at $33.55 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $4.1B. The 52-week trading range was $18.64 to $36.89. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.