What to Know About Devon Energy's $52.7 Million WaterBridge Stock Sale
This water infrastructure firm serving U.S. shale producers reported notable insider selling in its most recent regulatory filing.
Overview
On June 22, 2026, Devon Energy Corp, a 10% owner, reported the indirect sale of 1,755,174 Class A shares of WaterBridge Infrastructure LLC (NYSE:WBI) for a transaction value of approximately $52.7 million, as disclosed in a SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average purchase price ($30.05).
Details
WaterBridge Infrastructure LLC specializes in water logistics and lifecycle management for the energy sector, supporting oil and gas producers through a dedicated infrastructure footprint in key shale basins. The company's scale and integrated service offerings enable efficient, compliant water handling solutions for its customers. Strategic positioning in high-activity regions provides a competitive advantage in serving the evolving needs of upstream energy clients.
Source
Originally published at www.fool.com.