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LandBridge Company LLC (LB)

US · Energy · Oil & Gas E&P

$85.93+3.91%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$66.8M
Revenue YoY
+40.6%
Net profit
$12.3M
Profit YoY
+68.8%
EPS
$0.40
EPS estimate
$0.37
Net margin
18.4%

EPS came in at 0.40 against a street estimate of 0.37 — a beat of 8.1%.

Key statistics

Market cap
$6.66B
P/E
77.1
Forward P/E
21.6
P/B
6.94
Book value
$12.59
EPS (TTM)
$1.12
Dividend yield
0.51%
52-week high
$91.57
52-week low
$43.55
50-day MA
$80.06
200-day MA
$67.99
Beta
0.10

Analyst view

Analysts rate LandBridge Company LLC a buy (5 buy, 3 hold, 0 sell out of 8) with an average price target of $88.57.

From the latest earnings call · 2026-08-06

CONFIDENT LandBridge posted record Q2 revenue of $66.8M (+41% YoY), adjusted EBITDA of $59.8M (89% margin), and free cash flow of $40.2M. Digital infrastructure pipeline expanded to 7 counterparties representing 10+ gigawatts. Board approved Texas redomicile for index eligibility. Q2 2026 Call focused on Delaware Basin/West Texas footprint; no regional breakdown provided. Analysts pressed timeline/depth of 7 data center deals (all signed/in final docs, not casual); ERCOT audit impact (none—behind-meter projects aligned with governor priorities); water royalty ceiling ($0.15 baseline, room to rise as pore space scarcity increases). Management conveyed deal momentum real, timeline realistic, regulatory headwinds manageable. 2026-08-06…

Full summary in the app.

Shareholding

Insiders
0.76%
Institutions
102.08%

Largest institutional holders

FundStake
First Manhattan Co. LLC24.85%
Horizon Asset Management Inc/ny19.92%
Morgan Stanley - Brokerage Accounts5.20%
FMR Inc4.70%
Vanguard Portfolio Management, LLC4.37%
William Blair Investment Management, LLC4.35%
Schwartz Investment Counsel Inc2.27%
UBS Group AG2.23%

Recent filings & reports

DocumentDate
Quarterly report · Q2 2026
LANDBRIDGE COMPANY LLC - Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Total revenues (six months): $117.8 million, up 29% from $91.5 million in same peri
2026-08-06
Results announced · Q3 2026
LANDBRIDGE Q2 2026 RESULTS SUMMARY HEADLINE NUMBERS • Revenue: $66.8 million in Q2 2026, up 41% year-over-year and 31% quarter-over-quarter • Net In
2026-08-05
Shareholder vote results · Q2 2026
LANDBRIDGE COMPANY LLC - 8-K SUMMARY HEADLINE NUMBERS • Annual shareholder meeting held June 18, 2026 • 71,790,216 common shares represented at meet
2026-06-24
Quarterly report · Q1 2026
LANDBRIDGE COMPANY LLC – Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Total Revenues (Q1 2026): $51.0 million, up 16% from $44.0 million in Q1 2025 • Net
2026-05-07
Results announced · Q2 2026
LANDBRIDGE Q1 2026 RESULTS SUMMARY HEADLINE NUMBERS • Q1 2026 revenues: $51.0 million, up 16% year-over-year (vs. $44.0 million in Q1 2025) • Net in
2026-05-06
Proxy statement · Q2 2026
LANDBRIDGE COMPANY LLC – PROXY STATEMENT SUMMARY --- EXECUTIVE PAY • CEO Total Compensation: The document does not explicitly state the CEO's total
2026-04-30
Reg FD disclosure · Q1 2026
LANDBRIDGE COMPANY LLC – 8-K FILING SUMMARY HEADLINE NUMBERS • Filing Date: March 19, 2026 • Company: LandBridge Company LLC • Ticker: LB (Class A s
2026-03-19
Annual report FY2025
LANDBRIDGE COMPANY LLC – 10-K SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Market capitalization: Approximately $1.7 billion as of June 30, 2025
2026-02-26

Readable in the app.

Corporate actions

ActionDetailDate
Dividend$0.12 / share
ex-date Aug 27, 2026 · pay Sep 10, 2026
2026-08-27
Dividend$0.12 / share
ex-date Jun 4, 2026 · pay Jun 18, 2026
2026-06-04
Dividend$0.12 / share
ex-date Mar 5, 2026 · pay Mar 19, 2026
2026-03-05
Dividend$0.10 / share
ex-date Dec 4, 2025 · pay Dec 18, 2025
2025-12-04
Dividend$0.10 / share
ex-date Sep 4, 2025 · pay Sep 18, 2025
2025-09-04

Deals & corporate news

AnnouncementDate
Raises full-year 2026 Adjusted EBITDA outlook to $210-230 million
LandBridge, a land management company, reported strong Q1 2026 results with revenues of $51.0 million (up 16% year-over-year), net income of $17.9 million (up 16% YoY), and impressive profit
2026-05-06
Full year 2026 EBITDA outlook of $205M-$225M announced
LandBridge delivered strong financial results for Q4 2025 and full year 2025, with revenues up 56% year-over-year in Q4 and 81% for the full year. The company reported Q4 revenues of $56.8 m
2026-02-25
Closed ~37,500 acre acquisition in Texas, increasing total holdings to 300,000 acres
LandBridge Company LLC, a surface land company, reported strong Q3 2025 results with revenue of $50.8 million, up 78% year-over-year and 7% sequentially. This marks the sixth consecutive qua
2025-11-12
Agreement to acquire approximately 37,500 acres in Delaware Basin
LandBridge Company announced an agreement to acquire approximately 37,500 acres in the Delaware Basin (Texas) from 1918 Ranch Royalty, LLC, expected to close in Q4 2025. The acquisition incl
2025-10-07

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Data updated 2026-09-18.