Company: WBI
Filing Date: 2025-09-08
Form Type: S-1/A
Source: 0000950170-25-113383
Chunk: 165

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-09-08
Form: S-1/A
Chunk 165
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 $                         |  0.38 |     | $    |  0.39 |     | $          | (0.01 | ) |     |            |  (3 | )% |

(1) Operating Metrics ($/Bbl) are calculated independently. Therefore, the sum of individual amounts may not equal the total presented due to rounding. (2) Total Revenues ($/Bbl) does not include Other Revenues. (3) Gross margin in calculated as Total revenues less Total cost of revenues. (4) Adjusted Operating Margin is a non-GAAP financial measure. See “Summary—Summary Historical and Pro Forma Financial Data—Non-GAAP Financial Measures” below for more information regarding these non-GAAP measures and reconciliations to the most comparable GAAP measures. The table below provides operational and financial data related to skim oil volumes recovered for the periods indicated.

|                                     |     | Six Months Ended June 30, |       |   |     |      |       |   |     | Amount of 
 Increase  |       |   |     | Percentage |     |    |
|                                     |     |                      2025 |       |   |     | 2024 |       |   |     | -Decrease |       |   |     | Change     |     |    |
| Skim oil volumes (Bbl/d)            |     |                           | 1,494 |   |     |      |   880 |   |     |           |   614 |   |     |            |  70 | %  |
| Skim oil realization (1)            |     |                           |  0.12 | % |     |      |  0.10 | % |     |           |  0.02 | % |     |            |  20 | %  |
| Skim oil realized price ($/Bbl) (2) |     |                         $ | 60.48 |   |     |    $ | 68.76 |   |     | $         | (8.28 | ) |     |            | (12 | )% |

(1) Skim oil realization is calculated as skim oil revenue divided by produced water handling volumes. (2) Realized skim oil pricing is net of certain industry customary deductions.

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Revenues Produced Water Handling Revenues The table below provides financial data by produced water handling revenue stream and related unit prices for