Recent Updates — LB
LandBridge Company LLC reported second quarter 2026 financial results for the period ended June 30, 2026. The company delivered record revenue of $66.8 million, a 41% year-over-year increase, and net income of $31.0 million, up 68% year-over-year. Adjusted EBITDA reached $59.8 million with an 89% margin. LandBridge declared a quarterly cash dividend of $0.12 per share, payable on September 10, 2026 to shareholders of record as of August 27, 2026. The Board approved the company's conversion and redomicile from Delaware to Texas. Additionally, LandBridge amended its revolving credit facility to increase lender commitments by $100 million and agreed to acquire approximately 560 acres in New Mexico for $20 million. LandBridge owns surface acreage in the Permian Basin and manages land resources for energy and digital infrastructure development.