L Brands

HOUSTON--(BUSINESS WIRE)--LandBridge Company LLC (NYSE: LB) (the “Company,” “LandBridge”) today announced its financial and operating results for the fourth quarter and fiscal year ended December 31, 2024. Fourth Quarter 2024 Financial Highlights Revenues of $36.5 million, up 109% year-over-year Net income of $8.2 million(1) Net income margin of 22%(1) Adjusted EBITDA(2) of $31.7 million, up 108% year-over-year Adjusted EBITDA Margin(2) of 87% Cash flows from operating activities of $26.9 milli.» Mehr auf businesswire.com

Strong management team with extensive industry experience and a proven track record in creating shareholder value through acquisitions. Compared to Texas Pacific Land, LandBridge has a lower valuation multiple, higher revenue growth, and greater opportunities ahead. LandBridge, with an asset-light model and diverse revenue streams, offers a compelling investment opportunity with less sensitivity to energy prices compared to Texas Pacific Land.» Mehr auf seekingalpha.com

HOUSTON--(BUSINESS WIRE)--LandBridge Company LLC (NYSE: LB) today announced that its Board of Directors declared a quarterly cash dividend of $0.10 per Class A share. The dividend will be paid on March 20, 2025 to shareholders of record as of March 6, 2025. About LandBridge Since its founding in 2021, LandBridge has served as a leading land management business within the Delaware Basin. The company currently owns approximately 273,000 surface acres across Texas and New Mexico, located primarily.» Mehr auf businesswire.com