LandBridge Company LLC (LB)

NYSE: LB · Real-Time Price · USD
54.03
-0.64 (-1.17%)
Oct 21, 2024, 4:00 PM EDT - Market closed
-1.17%
Market Cap 941.47M
Revenue (ttm) 80.22M
Net Income (ttm) -27.72M
Shares Out 17.43M
EPS (ttm) -1.59
PE Ratio n/a
Forward PE 41.35
Dividend n/a
Ex-Dividend Date n/a
Volume 468,951
Open 53.89
Previous Close 54.67
Day's Range 53.12 - 56.24
52-Week Range 18.75 - 56.84
Beta n/a
Analysts Buy
Price Target 35.86 (-33.63%)
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 -33.63% from the latest price.

Price Target
$35.86
(-33.63% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

8 days 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....

12 days ago - Business Wire

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4 weeks ago - Seeking Alpha

Why Energy Stocks Are The Ultimate Undervalued Dividend Play Right Now

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4 weeks ago - Seeking Alpha

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2 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...

2 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...

2 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. ...

3 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.

3 months ago - Benzinga

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

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3 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).

3 months ago - Business Wire

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3 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 ...

3 months ago - Seeking Alpha

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4 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.

4 months ago - CNBC Television

LANDBRIDGE ANNOUNCES PRICING OF INITIAL PUBLIC OFFERING AND CONCURRENT PRIVATE PLACEMENT

HOUSTON--(BUSINESS WIRE)--LandBridge Company LLC (“LandBridge”) today priced its initial public offering of 14,500,000 Class A shares representing limited liability company interests (“Class A shares”...

4 months ago - Business Wire

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