Landbridge Company Llc Stock Price, News & Analysis

LandBridge (NYSE: LB) announced on November 19, 2025 that its subsidiary DBR Land Holdings intends to offer $500,000,000 in aggregate principal amount of senior notes in a private placement to eligible purchasers, subject to market conditions.

The company said it plans to use net proceeds from the Notes, together with borrowings under a new credit facility, to repay all outstanding borrowings and terminate its existing credit facility. The Notes are not registered under the Securities Act and will be offered only to qualified institutional buyers under Rule 144A and to investors outside the United States under Regulation S.

LandBridge (NYSE: LB) announced the pricing of a secondary underwritten offering of 2,500,000 Class A shares by LandBridge Holdings LLC at $71.00 per share. The selling shareholder granted a 30‑day option for the underwriter to buy up to an additional 375,000 shares. LandBridge will not sell shares in the offering and will not receive proceeds. Goldman Sachs is sole book‑running manager. The offering is expected to close on November 18, 2025, subject to customary closing conditions. The company has an effective Form S-3 shelf registration and filed a prospectus supplement; investors are directed to SEC EDGAR for the prospectus and related documents.

LandBridge (NYSE: LB) announced an underwritten secondary offering by LandBridge Holdings LLC of 2,500,000 Class A shares, with a 30‑day underwriter option to purchase up to an additional 375,000 shares.

The company will not sell shares or receive proceeds; Goldman Sachs & Co. LLC is sole book‑running manager. The offering may be made on the NYSE or NYSE Texas, at fixed, market or negotiated prices, is subject to market and other conditions, and may not be completed. LandBridge has an effective Form S‑3 shelf registration and will file a prospectus supplement; investors are advised to review SEC filings for full terms.

LandBridge (NYSE: LB) reported third quarter 2025 results with Q3 revenue $50.8M (+78% YoY, +7% QoQ) and Adjusted EBITDA $44.9M (+79% YoY). The company generated Free Cash Flow $33.7M and an operating cash flow margin of 69%. LandBridge closed an acquisition of ~37,500 acres, bringing total surface holdings to >300,000 acres, and sold a 3,000-acre Reeves County solar project (up-front cash plus contingent milestone payments). The Board declared a $0.10 quarterly dividend payable Dec 18, 2025. Total liquidity was $108.3M with $80M available borrowing capacity and $369.3M debt outstanding as of Sept 30, 2025.

WaterBridge (NYSE: WBI) reported third quarter 2025 pro forma results on November 12, 2025, covering the quarter ended September 30, 2025. Key operational metrics were presented on a combined, pro forma basis assuming the Combination and IPO occurred on January 1, 2024.

Quarter highlights: produced water handling volumes of 2.5 million bpd (+7% QoQ), pro forma revenue of $205.5M (+8% QoQ), pro forma Adjusted EBITDA of $105.7M, and a pro forma net loss of $18.7M. Company completed an IPO and had a market capitalization of $3.0B as of Nov 7, 2025, and closed a $1.425B senior notes offering on Oct 6, 2025. Liquidity totaled $547M as of Sept 30, 2025.

LandBridge (NYSE: LB) will release its Q3 2025 financial results after market close on Wednesday, November 12, 2025. The company will discuss results on a live webcast and conference call on Thursday, November 13, 2025 at 9:30 a.m. Central / 10:30 a.m. Eastern.

Webcast access is available via the LandBridge Investor Relations Events and Presentations page; attendees are advised to visit the page 10–15 minutes early to register and install any required audio software. Call participants must pre-register online to receive unique dial-in details. Both the webcast and call replay will be archived on the same links after the live events.

LandBridge (NYSE: LB) announced on October 9, 2025 that it has finalized the sale of a solar project to a leading publicly traded energy infrastructure developer. The project covers 3,000 acres in Reeves County, Texas with a proposed generation capacity of up to 250 MW. LandBridge received an upfront cash payment and retains the right to contingent future cash payments tied to specified developmental milestones. Management noted this will be the first project of its kind on LandBridge acreage and framed the transaction as using company assets to support Permian power demand.

LandBridge (NYSE: LB) entered into an agreement to acquire approximately 37,500 acres across Loving, Reeves, Winkler and Ward counties, Texas, with closing anticipated in Q4 2025 subject to customary conditions.

The acreage includes ~22,000 fee surface acres, ~3,500 acres under a long-term management agreement and ~12,000 leasehold surface acres, increasing total holdings to ~300,000 surface acres. The purchase provides immediate access to high-quality pore space adjacent to existing contiguous acreage in Loving County and adds contiguous acreage in northern Reeves County positioned for alternative energy development and expanded produced-water handling infrastructure in the Stateline region of the Delaware Basin.

LandBridge (NYSE:LB) has entered into a strategic agreement with NRG Energy regarding a potential data center site in Reeves County, Texas. The project could include a 1,100 MW grid-connected natural gas power generation facility to be built by NRG, pending a power purchase agreement for a data center.

The site, located near the Waha Gas market hub, offers direct access to low-cost natural gas and transmission infrastructure. Initial air permit applications and electric interconnection requests have been submitted, with a potential in-service date by year-end 2029.