LandBridge Company LLC (LB)

NYSE: LB · Real-Time Price · USD
66.09
+2.49 (3.92%)
Nov 20, 2024, 4:00 PM EST - Market closed
3.92%
Market Cap 4.83B
Revenue (ttm) 90.91M
Net Income (ttm) 5.18M
Shares Out 73.15M
EPS (ttm) 0.30
PE Ratio 222.41
Forward PE 45.45
Dividend $0.10 (0.15%)
Ex-Dividend Date May 12, 2024
Volume 825,530
Open 63.60
Previous Close 63.60
Day's Range 61.54 - 66.09
52-Week Range 18.75 - 78.41
Beta n/a
Analysts Buy
Price Target 35.86 (-45.74%)
Earnings Date Nov 6, 2024

About LB

LandBridge Company LLC owns and manages land and resources to support and enhance oil and natural gas development in the United States. It owns surface acres in and around the Delaware Basin in Texas and New Mexico. The company holds a portfolio of oil and gas royalties. It also sells brackish water and other surface composite materials. The company was founded in 2021 and is based in Houston, Texas. LandBridge Company LLC operates as a subsidiary of LandBridge Holdings LLC. [Read more]

Sector Energy
IPO Date Jun 28, 2024
Employees 6
Stock Exchange NYSE
Ticker Symbol LB
Full Company Profile

Financial Performance

Financial numbers in USD Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for LB stock is "Buy." The 12-month stock price forecast is $35.86, which is a decrease of -45.74% from the latest price.

Price Target
$35.86
(-45.74% downside)
Analyst Consensus: Buy
Stock Forecasts

News

LandBridge Announces Agreement to Acquire 46,000 Surface Acres in the Southern Delaware Basin

HOUSTON--(BUSINESS WIRE)--LandBridge Company LLC (NYSE: LB) (“LandBridge”) today announced it has entered into a purchase and sale agreement (the “Agreement”) to acquire approximately 46,000 largely c...

1 day ago - Business Wire

My 3 Favorite Dividend Stocks For What's Next

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9 days ago - Seeking Alpha

LandBridge Company LLC (LB) Q3 2024 Earnings Call Transcript

LandBridge Company LLC (NYSE:LB) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Jason Long - Chief Executive Officer & Director Scott McNeely - Chief Financial Offi...

12 days ago - Seeking Alpha

I Couldn't Be More Bullish On LandBridge If I Tried

LandBridge's diversified revenue streams and high-margin business model, including royalties from oil, gas, and water, make it a cornerstone in my portfolio. The company reported a 62% rise in EBITDA,...

12 days ago - Seeking Alpha

LandBridge Company LLC Announces Third Quarter Results and Declares Quarterly Cash Dividend

HOUSTON--(BUSINESS WIRE)--LandBridge Company LLC (NYSE: LB) (the “Company,” “LandBridge”) today announced its financial and operating results for the third quarter of 2024. Third Quarter 2024 Financia...

14 days ago - Business Wire

Why LandBridge Is My Top Pick

LandBridge's unique land ownership in the Permian Basin, including surface, water, and mineral rights, positions it for significant long-term growth opportunities. The company's diversified revenue st...

5 weeks ago - Seeking Alpha

LandBridge Schedules Third Quarter 2024 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--LandBridge Company LLC ("LandBridge") today announced that it will release its financial results for the third quarter 2024 after market close on Wednesday, November 6, 2024....

6 weeks ago - Business Wire

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3 months ago - Seeking Alpha

LandBridge Could Be A Once-In-A-Generation Investment

LandBridge Company LLC is a young, rapidly growing landowner in the Permian Basin, positioned similarly to Texas Pacific Land, with diverse revenue streams. LB's unique business model allows it to pro...

3 months ago - Seeking Alpha

LandBridge Company LLC Announces Second Quarter Results

HOUSTON--(BUSINESS WIRE)--LandBridge Company LLC (NYSE: LB) (the “Company,” “LandBridge” or “LB”) today announced its financial and operating results for the second quarter of 2024. Second Quarter 202...

3 months ago - Business Wire

LandBridge Schedules Second Quarter 2024 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--LandBridge Company LLC ("LandBridge") today announced that it will release its financial results for the second quarter 2024 after market close on Wednesday, August 7, 2024. ...

4 months ago - Business Wire

LandBridge's Dual Strategy: Tapping 'Delaware Basin Today, Tech Play Tomorrow'

LandBridge Co LLC LB shares tanked in early trading on Tuesday and have been volatile since then, after the company's IPO last month.

4 months ago - Benzinga

Betting The Farm - These 6 Dividend Stocks Dominate Our Family's Portfolios

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4 months ago - Seeking Alpha

Pickering Energy Partners Acted as Co-Manager on LandBridge IPO

HOUSTON--(BUSINESS WIRE)--Pickering Energy Partners acted as a co-manager on the IPO of 14,500,000 Class A shares for LandBridge Company LLC (NYSE: LB).

4 months ago - Business Wire

Nature Made® Earns More #1 Product Rankings Than Any Other Brand in Annual U.S. News & World Report Survey of Over-the-Counter Product Recommendations

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Future HVACR Leaders Win #MasteroftheTrade Scholarships From Fieldpiece Instruments at the National Leadership & Skills Conference 2024

ORANGE, Calif.--(BUSINESS WIRE)-- #fieldpiece--Fieldpiece Instruments, a leader in HVACR test tools and instruments since 1990, proudly awarded $10,000 in scholarships to six exemplary HVACR students ...

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Church Pension Group Releases Its 2024 Annual Report

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4 months ago - Business Wire

Betting Big On A Tiny Texan - Why I Just Bought LandBridge

I broke my rules and invested heavily in LandBridge, a young company with prime land in the Permian Basin, essential for water infrastructure and energy projects. LandBridge's strong partnerships and ...

4 months ago - Seeking Alpha

U.S. IPO Weekly Recap: 2Q IPO Market Closes Out With Sizable Pricings And Pipeline Additions

The IPO market closed out June with four deals, three of which raised $100+ million. In the pipeline, nine companies submitted initial filings, led by what could be the largest IPO of 2024 to date. We...

5 months ago - Seeking Alpha

LandBridge to make market debut

David Capobianco, LandBridge founder and chairman, joins 'Money Movers' to discuss the company's upcoming market debut at the New York Stock Exchange.

5 months ago - CNBC Television