Added to YB: 2024-08-12
Pitch date: 2024-08-10
LB [bullish]
LandBridge Company LLC
+68.62%
current return
Author Info
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Company Info
LandBridge Company LLC, together with its subsidiaries, owns and manages land and resources to support and enhance oil and natural gas development in the United States.
Market Cap
$1.2B
Pitch Price
$32.74
Price Target
135.33 (+145%)
Dividend
0.82%
EV/EBITDA
23.75
P/E
42.78
EV/Sales
12.83
Sector
Real Estate Management and Development
Category
growth
LandBridge Company - $LB
LB: Permian Basin land royalty co. 220k acres, 90% FCF margin. Unique water processing opportunity ($200-300M annual FCF potential) & data center development (6 locations, $30-40M/yr each). $2.4B mkt cap, $361M debt. Potential 4x upside vs TPL. Risks: execution, regulation.
Read full article (9 min)