The IPO market rebounded within the first half of 2025 with filings and proceeds climbing sharply year-over-year, signaling renewed investor urge for food regardless of macro headwinds. In the meantime, momentum from early IPO positive factors has been partially offset by market volatility linked to new commerce insurance policies and lingering financial issues.
To Listing on NYSE
WaterBridge Infrastructure LLC, which develops and operates built-in water infrastructure networks primarily for the oil and gasoline business, lately filed papers with the Securities and Trade Fee to supply its frequent shares in an preliminary public providing. Particulars of the IPO, together with the variety of shares being supplied and the provide worth, are but to be disclosed.
The corporate has utilized to checklist on the New York Inventory Trade and NYSE Texas, beneath the ticker image WBI. The group of undertakers might be led by JPMorgan and Barclays. The administration mentioned it intends to make use of internet proceeds from the providing to buy a portion of the newly shaped father or mother firm WBR Holdings’ pursuits held by third-party investor Elda River, and to contribute the entire remaining proceeds to WBR Holdings in alternate for its newly issued models.
The Firm
Headquartered in Houston, Texas, WaterBridge is engaged within the gathering, transportation, and recycling of produced water. It’s a pure-play water infrastructure agency that operates primarily within the Delaware Basin. As of July 31, the corporate’s infrastructure community included round 2,500 miles of pipelines and 196 produced water dealing with amenities that dealt with over 2.6 million barrels per day of produced water for patrons, on a professional forma foundation.
For the six months ended June 30, WaterBridge reported a internet lack of $38 million on revenues of $375 million, on a professional forma foundation. Within the 12 months ended December 2024, the corporate incurred a professional forma lack of $112.3 million. Revenues totaled $662.2 million in fiscal 2024.
