<span item_type="fundamental" item_id="f2d1dec07db26caf6e012fb0502d2f6e" counter_id="ST/US/WBI" env="prod"></span><span item_type="announcement" item_id="582091587003945601" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 123.25 M.</p><p>EPS: As of FY2025 Q3, the actual value is USD -0.02.</p><p>EBIT: As of FY2025 Q3, the actual value is USD 43.03 M.</p><p></p><h3>Produced Water Handling</h3><ul><li><strong>Revenue</strong>: $285.6 million for the nine months ended September 30, 2025, an increase of 41% compared to $202.2 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2064947/000119312525278007/wbi-20250930.htm"></span></li><li><strong>Volume</strong>: 1,513 MBbl/d for the three months ended September 30, 2025, an increase of 40% compared to 1,083 MBbl/d for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2064947/000119312525278007/wbi-20250930.htm"></span></li><li><strong>Unit Price</strong>: $0.81 per barrel for the three months ended September 30, 2025, a 1% increase compared to $0.80 per barrel for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2064947/000119312525278007/wbi-20250930.htm"></span></li></ul><h3>Water Solutions</h3><ul><li><strong>Revenue</strong>: $28.4 million for the nine months ended September 30, 2025, an increase of 39% compared to $20.4 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2064947/000119312525278007/wbi-20250930.htm"></span></li><li><strong>Volume</strong>: 276 MBbl/d for the three months ended September 30, 2025, an increase of 31% compared to 210 MBbl/d for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2064947/000119312525278007/wbi-20250930.htm"></span></li><li><strong>Unit Price</strong>: $0.41 per barrel for the three months ended September 30, 2025, an 8% increase compared to $0.38 per barrel for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2064947/000119312525278007/wbi-20250930.htm"></span></li></ul><h3>Other Revenues</h3><ul><li><strong>Revenue</strong>: $2.7 million for the nine months ended September 30, 2025, a decrease of 59% compared to $6.5 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2064947/000119312525278007/wbi-20250930.htm"></span></li></ul><h3>Direct Operating Costs</h3><ul><li><strong>Total</strong>: $149.0 million for the nine months ended September 30, 2025, an increase of 36% compared to $109.5 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2064947/000119312525278007/wbi-20250930.htm"></span></li></ul><h3>Depreciation, Amortization, and Accretion</h3><ul><li><strong>Total</strong>: $72.2 million for the nine months ended September 30, 2025, an increase of 27% compared to $56.9 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2064947/000119312525278007/wbi-20250930.htm"></span></li></ul><h3>General and Administrative Expenses</h3><ul><li><strong>Total</strong>: $23.2 million for the nine months ended September 30, 2025, a decrease of 14% compared to $27.0 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2064947/000119312525278007/wbi-20250930.htm"></span></li></ul><h3>Interest Expense, Net</h3><ul><li><strong>Total</strong>: $43.6 million for the nine months ended September 30, 2025, an increase of 12% compared to $38.8 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2064947/000119312525278007/wbi-20250930.htm"></span></li></ul><h3>Net Income</h3><ul><li><strong>Total</strong>: $13.6 million for the nine months ended September 30, 2025, an increase of 452% compared to $2.5 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2064947/000119312525278007/wbi-20250930.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><h4>Core Business Focus</h4><ul><li><strong>Speedway Pipeline Development</strong>: The Company announced the first phase of development of the Speedway Pipeline, expected to commence construction in Q4 2025 and be completed by mid-2026. The initial phase is expected to provide access to approximately 1.0 million barrels per day of produced water handling capacity, with development costs of approximately $290 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2064947/000119312525278007/wbi-20250930.htm"></span></li></ul><h4>Non-Core Business</h4><ul><li><strong>Divestment</strong>: The Company divested its crude oil gathering operations in March 2025, resulting in a decrease in other revenues.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2064947/000119312525278007/wbi-20250930.htm"></span></li></ul><h4>Priority</h4><ul><li><strong>Expansion and Efficiency</strong>: The Company aims to enhance its Adjusted Operating Margin by reducing operating expenses and increasing water solutions recycled water sales, which provide cost savings from reduced landowner royalties, pumping costs, chemical treatment, and power consumption.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2064947/000119312525278007/wbi-20250930.htm"></span></li></ul>

WaterBridge Infrastructure LLC - CL | 10-Q: FY2025 Q3 Revenue: USD 123.25 M