NYSE:WBIEnergy Services
WaterBridge Infrastructure (WBI) Stock Reconsiders Growth As Earnings Stay Thin
WaterBridge Infrastructure entered this earnings release after a strong 90 day share run, then the stock slipped about 2.5% as the market cooled on the story. The headline is simple. Revenue reached about US$217.8 million in Q2 and earnings per share landed a little over US$0.09. For a stock often discussed as a high growth midstream water platform with valuation questions, the real swing factor this quarter is profitability. WaterBridge Infrastructure is now reporting positive earnings after...