Landbridge Company Llc Stock Price, News & Analysis

LandBridge (NYSE:LB) reported strong Q2 2025 financial results, with revenue reaching $47.5 million, up 83% year-over-year and 8% quarter-over-quarter. The company achieved net income of $18.5 million with a 39% margin and Adjusted EBITDA of $42.5 million, representing an 81% year-over-year increase.

Key highlights include record Surface Use Royalties of $34.2 million and significant agreements including a 10-year surface use agreement with Devon Energy for 300,000 bpd pore space capacity. The company declared a quarterly dividend of $0.10 per share and updated its FY2025 Adjusted EBITDA guidance to $160-180 million, reflecting timing adjustments for the DBR Solar opportunity.

LandBridge maintains a strong balance sheet with total liquidity of $95.3 million and continues to execute its diversified, low-capex business model across its 277,000 surface acres in the Permian Basin.

LandBridge (NYSE:LB) has signed a significant 10-year surface use and pore space reservation agreement with Devon Energy (NYSE:DVN) for operations in the New Mexico Delaware Basin. The agreement provides Devon with 300,000 barrels per day (bpd) of pore space capacity on LandBridge's East Stateline Ranch and Speed Ranch surface acreage, starting in Q2 2027.

The deal includes a substantial minimum volume commitment of 175,000 bpd of produced water from Devon. This strategic partnership aims to secure Devon's water management needs while highlighting the value of contiguous, underutilized pore space in the Delaware Basin region.

LandBridge (NYSE:LB) has scheduled its Q2 2025 earnings release for Wednesday, August 6, 2025, after market close. The company will host a conference call and webcast to discuss the results on Thursday, August 7, 2025, at 8:00 a.m. CT / 9:00 a.m. ET.

Investors can access the live webcast through LandBridge's Investor Relations website, with registration required at least 10-15 minutes before the start time. For those unable to attend live, the webcast will be archived for later viewing. A conference call replay will remain available through August 21, 2025.

WaterBridge, a produced water midstream infrastructure company, has responded to the Railroad Commission of Texas' (RRC) new permitting guidelines for water handling facilities in the Permian Basin. The company states that these updated regulations align with their existing practices and will not materially impact their operations. WaterBridge has historically maintained high standards through distributed infrastructure networks, in-house geology teams, and avoiding deep disposal wells. Through their partnership with LandBridge Company LLC (NYSE: LB) and other partners, they have secured resources for sustainable water handling infrastructure. CEO Jason Long emphasized their commitment to preventing seismicity and pore pressure issues, highlighting their track record of responsibility, operational scale, long-term solutions focus, and ongoing regulatory dialogue.

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 Company (NYSE: LB) reported strong Q1 2025 financial results with significant growth across key metrics. Revenue reached $44.0 million, up 131% year-over-year and 20% quarter-over-quarter. The company posted net income of $15.5 million with a 35% margin and Adjusted EBITDA of $38.8 million, up 129% YoY. Performance was driven by diverse revenue streams, including surface use royalties ($26.2M), resource sales ($14.4M), and oil/gas royalties ($3.4M). Notable highlights include a quarterly cash dividend of $0.10 per share and reaffirmed FY25 EBITDA guidance of $170-190 million. The company maintains strong liquidity of $84.9 million and continues to benefit from recent acquisitions, including the Wolf Bone Ranch purchase of 46,000 acres.

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.