LandBridge Company LLC Earnings Reports

LandBridge Company LLC reported a strong third quarter in 2024, marked by a 60% year-over-year increase in revenue, reaching $28.5 million. The company also declared an initial quarterly cash dividend of $0.10 per share and initiated its FY24 and FY25 outlook. Adjusted EBITDA stood at $25.0 million, up 62% year-over-year, with a margin of 88%.

LandBridge Company LLC announced its financial results for the second quarter of 2024, reporting revenues of $26.0 million, a net loss of $57.7 million, and an adjusted EBITDA of $23.4 million. The company closed acquisitions of East Stateline Ranch and Speed Ranch, and completed its initial public offering.