Landbridge Company Llc Stock Price, News & Analysis

Five Point Infrastructure has announced the formation of PowerBridge LLC with a $1 billion equity commitment to develop gigawatt-scale data center campuses across North America. PowerBridge will partner with LandBridge (NYSE: LB) and WaterBridge to leverage over 275,000 surface acres for infrastructure development and access low-cost natural gas from the Waha Gas market hub.

Led by CEO Alex Hernandez, former CEO of Cumulus Data and Talen Energy Corp, PowerBridge brings significant expertise in data center development. Hernandez's previous success includes developing a 1 GW data center campus connected to Talen Energy's nuclear power plant, which attracted a $12 billion investment from Amazon Web Services for 17 data center buildings (~960 MW capacity).

The venture combines Five Point's infrastructure expertise with PowerBridge's data center development capabilities to create an integrated solution for hyperscale customers.

LandBridge (NYSE: LB) has announced its schedule for the release of Q1 2025 financial results. The company will disclose its quarterly performance after market close on Wednesday, May 7, 2025.

A webcast and conference call to discuss the results will be held on Thursday, May 8, 2025, at 8:00 a.m. Central Time / 9:00 a.m. Eastern Time. Investors can access the live webcast through the Events and Presentations section of LandBridge's Investor Relations website. Pre-registration is required for the conference call, and an audio replay will be available until May 22, 2025.

WaterBridge has launched an open season for the construction of the Speedway Pipeline, consisting of dual 30-inch pipelines that will connect the Northern Delaware Basin to the Central Basin Platform. The project aims to transport produced water from Eddy and Lea counties to pore space owned by LandBridge Company (NYSE: LB).

The open season runs from April 1, 2025, to May 1, 2025. The pipeline system will access approximately 1 million bpd of approved capacity on the Central Basin Platform, providing access to over 4 million bpd of contiguous pore space. The project, scheduled for completion in Q4 2025, addresses rising pore pressures in high-activity areas and aims to enhance flow assurance and redundancy for customers.

LandBridge (NYSE: LB) reported strong Q4 2024 financial results with revenue reaching $36.5 million, up 109% year-over-year, and net income of $8.2 million. For FY2024, revenue grew 51% to $110.0 million, though the company recorded a net loss of $41.5 million.

Key Q4 metrics include Adjusted EBITDA of $31.7 million (up 108% YoY) and Free Cash Flow of $26.7 million. The company expanded its land holdings through acquisitions, including the 46,000-acre Wolf Bone Ranch with a $25 million annual revenue commitment for five years, bringing total surface holdings to approximately 276,000 acres.

LandBridge reaffirmed its FY2025 Adjusted EBITDA outlook of $170-190 million. The company's revenue streams diversified across surface use royalties ($25.5M in Q4), resource sales ($6.6M), and oil/gas royalties ($4.5M). The company ended Q4 with $37.0 million in cash and $385.0 million in outstanding borrowings.

LandBridge (NYSE: LB) has announced a quarterly cash dividend declaration. The company's Board of Directors has approved a dividend payment of $0.10 per Class A share. Shareholders who are on record as of March 6, 2025, will receive the dividend payment on March 20, 2025.

LandBridge has announced it will release its Q4 and fiscal year 2024 financial results after market close on Wednesday, March 5, 2025. The company will host a webcast and conference call to discuss these results on Thursday, March 6, 2025, at 8:00 a.m. Central Time / 9:00 a.m. Eastern Time.

Interested parties can access the live webcast through the Events and Presentations section of LandBridge's Investor Relations website. For the conference call, participants must pre-register online to receive unique dial-in information. An audio replay will be available after the call through March 20, 2025.

WaterBridge has announced long-term commercial agreements with BPX Energy to support development in the Delaware Basin. WaterBridge will construct and operate 400MBbls/d of new produced water handling capacity over the next three years, with potential expansion to 600MBbls/d. This agreement includes a 10-year minimum volume commitment by BPX Energy.

WaterBridge’s affiliate relationship with LandBridge Company enables sustainable development, leveraging over 273,000 surface acres in the Delaware Basin. The agreements include constructing a large-diameter gathering and transportation system to efficiently transport water from BPX Energy’s development sites in Reeves County, Texas.

WaterBridge’s CEO, Jason Long, emphasized the strategic expansion of their relationship with BPX Energy, highlighting their resources and scalable infrastructure. BPX Energy’s CEO, Kyle Koontz, praised WaterBridge’s operational expertise and sustainable water solutions. Michael Reitz, COO of WaterBridge, noted the importance of surface access and their ability to disperse water volumes across a broad area.

LandBridge (NYSE: LB) has completed the acquisition of the Wolf Bone Ranch, comprising approximately 46,000 surface acres in the Delaware Basin from VTX Energy Partners. The acquisition expands LandBridge's holdings to ~273,000 acres, with the newly acquired property located in Reeves and Pecos Counties, Texas.

The deal was funded through a $200 million Private Placement and $45 million in debt facilities. VTX Energy committed to a minimum annual revenue of $25 million for five years, covering surface operations, brackish water usage, and produced water handling royalties. LandBridge reaffirmed its 2025 Adjusted EBITDA guidance of $170-190 million, including earnings from this acquisition.