Reported 1 day ago
WaterBridge Infrastructure, a midstream water management company supported by Five Point, has filed for an initial public offering in the U.S. as IPO activity increases. This move is part of a broader trend, as notable companies like Netskope and Pattern also seek to go public. Operating primarily in the Delaware Basin, WaterBridge focuses on water services for major oil and gas firms while aiming to expand its services in response to rising water demands. The IPO is expected to be influenced by potential rate cuts and positive sentiment in the market.
Source: YAHOO