Company: WBI
Filing Date: 2025-08-22
Form Type: S-1
Source: 0000950170-25-111048
Chunk: 164

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-08-22
Form: S-1
Chunk 164
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.03 |     |            |      8 | % |

(1) Operating Metrics ($/Bbl) are calculated independently. Therefore, the sum of individual amounts many not equal the total presented due to rounding. (2) Total Revenues ($/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.

|                                     |     | Year Ended December 31, |  2024 |   |     |   |  2023 |   |     | Amount of 
 Increase  | (Decrease) |   |     | Percentage | Change |   |
|:------------------------------------|:----|:------------------------|------:|:--|:----|:--|------:|:--|:----|:----------|-----------:|:--|:----|:-----------|-------:|:--|
| Skim oil volumes (Bbl/d)            |     |                         | 1,191 |   |     |   |   715 |   |     |           |        476 |   |     |            |     67 | % |
| Skim oil realization (1)            |     |                         |  0.12 | % |     |   |  0.10 | % |     |           |       0.02 | % |     |            |     20 | % |
| Skim oil realized price ($/Bbl) (2) |     | $                       | 67.16 |   |     | $ | 62.84 |   |     | $         |       4.32 |   |     |            |      7 | % |

(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 the periods indicated.

|                                        | Revenues (in thousands):