LB · LandBridge Co LLC
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 6, 2026TL;DR. LandBridge reported record Q2 2026 revenue of $66.8 million (up 41% year-over-year) with adjusted EBITDA of $59.8 million at a 89% margin, reaffirmed its full-year 2026 adjusted EBITDA guidance of $210–$230 million, and disclosed it is now under LOI/option or in late-stage negotiations with seven digital infrastructure counterparties representing more than 10 GW of potential.
- + Reported record Q2 revenue of $66.8 million, up 41% year-over-year and 31% sequentially.
- + Q2 adjusted EBITDA of $59.8 million, up 41% year-over-year, with a 89% adjusted EBITDA margin.
- + Reaffirmed full-year 2026 adjusted EBITDA guidance of $210–$230 million.
- + Under LOI/option or in late-stage negotiations with seven digital infrastructure counterparties representing more than 10 GW of potential.
- + Board unanimously approved conversion to a Texas corporation to pursue broader index eligibility.
- + Agreed to acquire approximately 560 acres underlying the Northern Delaware Basin Landfill for $20 million, implying a high single-digit go-forward multiple.
- − Q2 net income of $31.0 million includes $11.2 million of non-cash share-based compensation expense, with $9.0 million tied to LandBridge Holdings LLC management units.
- − Digital infrastructure counterparties are still in non-binding LOI/option or late-stage negotiation phase with no firm agreements yet announced, creating execution risk on converting more than 10 GW of potential.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.
Versus peers
Oil & Gas E&P — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
LB
this stock
LandBridge Co LLC
|
$6.27B | +64.9% | +81.1% | 172.1 | 4.6% |
|
COP
Conocophillips
|
$150.96B | +35.7% | +7.7% | 16.6 | 1.3% |
|
CNQ
CANADIAN NATURAL RESOURCES Ltd
|
$98.26B | +41.2% | — | — | 8.9% |
|
EOG
Eog Resources Inc
|
$73.62B | +34.6% | -4.5% | 10.9 | 3.0% |
|
OXY
Occidental Petroleum Corp /De/
|
$56.84B | +40.7% | -1.9% | 8.7 | 2.2% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| LB | -2.1% | -5.5% | +18.8% | -0.5% | +64.9% |
| SPY | -0.4% | -0.2% | +12.4% | +0.2% | +12.0% |
| vs SPY | -1.7% | -5.4% | +6.3% | -0.7% | +52.8% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.