Added to YB: 2026-06-09
Pitch date: 2026-04-09
LB [bullish]
LandBridge Company LLC
+9%
current return
Author Info
No bio for this author
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
N/A
Pitch Price
$63.91
Price Target
N/A
Dividend
0.66%
EV/EBITDA
22.12
P/E
N/A
EV/Sales
N/A
Sector
Real Estate Management and Development
Category
growth
LandBridge Company LLC - $LB
LB: Royalty biz owning ~315K surface acres in Delaware Basin earning fees/royalties (inflation-linked) tied to production not commodity price. Produced water shortage (8mn bpd by 2035) = $300mn incremental FCF opportunity vs '25 FCF $122M. Data center optionality via Five Point/PowerBridge w/ no LB capital. Mgmt sees 15-20% EBITDA growth, $6-9/sh FCF, $3-4bn cumulative cash vs $4.9bn cap. Trades 40x trailing FCF, 28x/25x '26/'27E (no AI rev). Catalysts: water growth, DC deals.
Read full article (9 min)