LandBridge Company LLC (LB)
LandBridge Company LLC operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Houston, TX, US. The stock last traded at $81.38, down 1.35% on the session, giving a market capitalisation of $6.27B. On trailing twelve-month figures it carries a trailing P/E of 36.01, a net margin of 20.5%. Its beta of 0.07 implies it has historically moved less than the broad market.
LandBridge Company LLC focuses on overseeing land and natural assets to bolster and optimize oil and natural gas production across the United States. The company possesses substantial surface acreage, specifically within and adjacent to the Delaware Basin, spanning both Texas and New Mexico. Furthermore, LandBridge holds a collection of oil and gas royalty interests. It also generates income by selling brackish water and various other surface-related materials. Established in 2021, its corporate headquarters are situated in Houston, Texas, functioning as a subsidiary of LandBridge Holdings LLC.
LandBridge Company LLC is most often compared with the following Energy names: