WaterBridge raises 2026 guidance on strong demand, Q1 volumes 2.5M bbl/d with $102.9M EBITDA

Filed May 6, 2026 · Period ending May 6, 2026 · ~1 min read

Key Changes

• high

  Raised full-year 2026 guidance: volumes to 2.525–2.725M bbl/d (~8% YoY growth), Adjusted EBITDA to $425–465M (~10% YoY growth), citing increased confidence in commercial demand and strengthening macro backdrop.

  Exhibit 99.1 verify on EDGAR →
• high

  Q1 2026 volumes averaged 2.5M bbl/d (down 4% sequentially due to seasonal activity), revenue $201.0M, net income $9.5M (5% margin), Adjusted EBITDA $102.9M (51% margin).

  Exhibit 99.1 verify on EDGAR →
• medium

  Speedway Phase II Open Season (Feb 23–Apr 20, 2026) showed strong demand from new and existing customers; company progressing commercial discussions with high-quality counterparts.

  Exhibit 99.1 verify on EDGAR →