Horizon Kinetics Acquires 6.35M Shares of WaterBridge Infrastructure Worth $160.26M
- New Investment Disclosure: Horizon Kinetics Asset Management disclosed an acquisition of approximately 6.35 million shares of WaterBridge Infrastructure LLC valued at $160.26 million in a recent SEC filing, representing 1.95% of its $8.2 billion reportable holdings, indicating confidence in the company.
- Portfolio Diversification: As of quarter-end, the fund held 329 U.S. equity positions, with top holdings including Texas Pacific Land ($3.27 billion) and GBTC ($1.27 billion), reflecting a broad strategy in the energy and asset management sectors.
- Post-IPO Performance: In its first reported quarter as a public company, WaterBridge achieved pro forma revenue of $205.5 million, an 8% quarter-over-quarter increase driven by produced water volumes reaching 2.5 million barrels per day, showcasing strong growth potential in water management infrastructure.
- Improved Financial Position: The company utilized its IPO and a subsequent $1.425 billion senior notes offering to refinance legacy debt, extend maturities, and boost liquidity to $547 million, enhancing its financial stability and capacity for future growth.
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Horizon Kinetics Acquires 6.35M Shares of WaterBridge Infrastructure Worth $160.26M
- New Investment Disclosure: Horizon Kinetics Asset Management disclosed an acquisition of approximately 6.35 million shares of WaterBridge Infrastructure LLC valued at $160.26 million in a recent SEC filing, representing 1.95% of its $8.2 billion reportable holdings, indicating confidence in the company.
- Portfolio Diversification: As of quarter-end, the fund held 329 U.S. equity positions, with top holdings including Texas Pacific Land ($3.27 billion) and GBTC ($1.27 billion), reflecting a broad strategy in the energy and asset management sectors.
- Post-IPO Performance: In its first reported quarter as a public company, WaterBridge achieved pro forma revenue of $205.5 million, an 8% quarter-over-quarter increase driven by produced water volumes reaching 2.5 million barrels per day, showcasing strong growth potential in water management infrastructure.
- Improved Financial Position: The company utilized its IPO and a subsequent $1.425 billion senior notes offering to refinance legacy debt, extend maturities, and boost liquidity to $547 million, enhancing its financial stability and capacity for future growth.
Horizon Kinetics Acquires 6.35M Shares of WaterBridge Worth $160.26M
- Stake Disclosure: Horizon Kinetics Asset Management disclosed a stake of 6.35 million shares in WaterBridge Infrastructure valued at $160.26 million at the end of Q3, indicating strong confidence in the company's growth potential.
- Investment Proportion: This new holding represents 1.95% of Horizon Kinetics' total reportable holdings of $8.2 billion, highlighting its significance within the fund's diversified portfolio.
- Market Performance: WaterBridge's shares have remained around $20.29 post-IPO, reflecting stable demand for its water management infrastructure services, particularly in the oil and gas sectors of Texas and Arkansas.
- Financial Health: In its first quarter as a public company, WaterBridge reported pro forma revenue of $205.5 million, an 8% increase quarter-over-quarter, and improved liquidity to $547 million through its IPO and a $1.425 billion senior notes offering, showcasing enhanced financial stability.
Evaluating WaterBridge Infrastructure (NYSE:WBI) Valuation as Investors Respond Positively to Recent Share Increases
Recent Stock Performance: WaterBridge Infrastructure (NYSE:WBI) shares increased by nearly 1% today, reflecting modest gains this month despite a dip last month, with an overall year-to-date return of 8.4%.
Valuation Metrics: The company's price-to-sales ratio stands at 1.7, significantly below the sector average, suggesting potential undervaluation compared to peers in the utilities sector.
Growth Prospects and Risks: While there is optimism about WaterBridge's future growth, persistent net losses and uncertainties regarding long-term profitability may limit potential gains.
Investment Considerations: The article emphasizes the importance of evaluating the company's financial metrics and market sentiment, while also noting that the analysis is not intended as financial advice.
WaterBridge Plans Earnings Release and Conference Call for Third Quarter 2025
Financial Results Announcement: WaterBridge Infrastructure LLC will release its Q3 2025 financial results on November 12, 2025, and will host a conference call on November 13, 2025, at 10:30 a.m. CT.
Company Overview: WaterBridge is a leading water infrastructure company operating primarily in the Delaware Basin, with a vast network of pipelines and facilities for managing produced water, supporting oil and gas companies under long-term contracts.
WaterBridge, supported by Five Point, surges 14% in its NYSE debut
WaterBridge IPO Success: WaterBridge Infrastructure's shares surged 14.2% on their debut on the New York Stock Exchange, closing at $22.83, which reflects strong investor interest and a market valuation of approximately $2.6 billion.
Unique Market Position: The company, which manages water networks for oil and gas producers, benefits from a competitive moat in water management, allowing it to potentially trade at higher earnings multiples compared to traditional pipeline operators.
Horizon Kinetics Acquires 6.35M Shares of WaterBridge Infrastructure Worth $160.26M
- New Investment Disclosure: Horizon Kinetics Asset Management disclosed an acquisition of approximately 6.35 million shares of WaterBridge Infrastructure LLC valued at $160.26 million in a recent SEC filing, representing 1.95% of its $8.2 billion reportable holdings, indicating confidence in the company.
- Portfolio Diversification: As of quarter-end, the fund held 329 U.S. equity positions, with top holdings including Texas Pacific Land ($3.27 billion) and GBTC ($1.27 billion), reflecting a broad strategy in the energy and asset management sectors.
- Post-IPO Performance: In its first reported quarter as a public company, WaterBridge achieved pro forma revenue of $205.5 million, an 8% quarter-over-quarter increase driven by produced water volumes reaching 2.5 million barrels per day, showcasing strong growth potential in water management infrastructure.
- Improved Financial Position: The company utilized its IPO and a subsequent $1.425 billion senior notes offering to refinance legacy debt, extend maturities, and boost liquidity to $547 million, enhancing its financial stability and capacity for future growth.
Horizon Kinetics Acquires 6.35M Shares of WaterBridge Worth $160.26M
- Stake Disclosure: Horizon Kinetics Asset Management disclosed a stake of 6.35 million shares in WaterBridge Infrastructure valued at $160.26 million at the end of Q3, indicating strong confidence in the company's growth potential.
- Investment Proportion: This new holding represents 1.95% of Horizon Kinetics' total reportable holdings of $8.2 billion, highlighting its significance within the fund's diversified portfolio.
- Market Performance: WaterBridge's shares have remained around $20.29 post-IPO, reflecting stable demand for its water management infrastructure services, particularly in the oil and gas sectors of Texas and Arkansas.
- Financial Health: In its first quarter as a public company, WaterBridge reported pro forma revenue of $205.5 million, an 8% increase quarter-over-quarter, and improved liquidity to $547 million through its IPO and a $1.425 billion senior notes offering, showcasing enhanced financial stability.
Evaluating WaterBridge Infrastructure (NYSE:WBI) Valuation as Investors Respond Positively to Recent Share Increases
Recent Stock Performance: WaterBridge Infrastructure (NYSE:WBI) shares increased by nearly 1% today, reflecting modest gains this month despite a dip last month, with an overall year-to-date return of 8.4%.
Valuation Metrics: The company's price-to-sales ratio stands at 1.7, significantly below the sector average, suggesting potential undervaluation compared to peers in the utilities sector.
Growth Prospects and Risks: While there is optimism about WaterBridge's future growth, persistent net losses and uncertainties regarding long-term profitability may limit potential gains.
Investment Considerations: The article emphasizes the importance of evaluating the company's financial metrics and market sentiment, while also noting that the analysis is not intended as financial advice.
WaterBridge Plans Earnings Release and Conference Call for Third Quarter 2025
Financial Results Announcement: WaterBridge Infrastructure LLC will release its Q3 2025 financial results on November 12, 2025, and will host a conference call on November 13, 2025, at 10:30 a.m. CT.
Company Overview: WaterBridge is a leading water infrastructure company operating primarily in the Delaware Basin, with a vast network of pipelines and facilities for managing produced water, supporting oil and gas companies under long-term contracts.
WaterBridge, supported by Five Point, surges 14% in its NYSE debut
WaterBridge IPO Success: WaterBridge Infrastructure's shares surged 14.2% on their debut on the New York Stock Exchange, closing at $22.83, which reflects strong investor interest and a market valuation of approximately $2.6 billion.
Unique Market Position: The company, which manages water networks for oil and gas producers, benefits from a competitive moat in water management, allowing it to potentially trade at higher earnings multiples compared to traditional pipeline operators.
