LandBridge Company LLC (LB)
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]
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.
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...
My 3 Favorite Dividend Stocks For What's Next
The recent U.S. election has significant implications for portfolios, emphasizing the importance of politics in investment research. Market reactions to Trump's election suggest a bet on higher growth...
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...
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,...
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...
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...
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....
Breaking The AI Bottleneck - 3 Energy Stocks With High Growth Potential
Rising AI demand is straining energy resources, creating a power bottleneck. This presents a lucrative opportunity for select energy stocks. These companies are uniquely positioned to meet the surging...
The Fed's Bold Move: Why NOW Is The Time To Load Up On Dividend Stocks
The Fed surprised markets with a 50 basis point rate cut, signaling a focus on economic growth over inflation. Projections show rates falling to 3% in the coming years. Despite sticky inflation, the F...
Why Energy Stocks Are The Ultimate Undervalued Dividend Play Right Now
U.S. oil production has surged since 2008, making the country a top energy producer. Political shifts could affect future output, but growth is likely to slow. Producers now prioritize profitability o...
Millionaire Style: Smart Dividend Ideas For Big Returns
The ultra-wealthy invest in assets like stocks, real estate, and businesses. These strategies can provide insight into how everyday investors can build lasting wealth. In today's uncertain market, foc...
Big Bets: The 5 New Dividend Stocks I Bet The House On This Year
This year, I made bold investment moves by pouring almost all my funds into five promising dividend stocks. It was a high-risk, high-reward strategy. I chose these stocks based on their strong financi...
3 Dividend Stocks I Cannot Buy Enough Of
Concerns about a U.S. recession persist despite mixed economic signals. Leading indicators suggest a downturn, but some market metrics remain strong, adding uncertainty. Rate cuts are anticipated, pro...
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...
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...
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. ...
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.
Betting The Farm - These 6 Dividend Stocks Dominate Our Family's Portfolios
I focus on long-term investments, emphasizing macroeconomic insights and actionable stock ideas. My portfolio is built on high-conviction, rarely-sold stocks. Investing for decades, I follow Howard Ma...
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).
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
WEST HILLS, Calif.--(BUSINESS WIRE)--Nature Made®, the leading national vitamin and supplement broadline brand with over 50 years of delivering high quality products that are backed by science, has be...
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 ...
Church Pension Group Releases Its 2024 Annual Report
NEW YORK--(BUSINESS WIRE)-- #CPG--The Church Pension Group (CPG), a financial services organization that serves The Episcopal Church, announced the release of its online 2024 Annual Report (cpg.org/an...
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 ...
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...
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.