LandBridge Q2 Revenue Jumps 41%, Beats Across the Board
LB sits 78% above its 52-week low of $43.75.
Summary
LandBridge delivered a strong Q2, with revenue up 41% YoY to $66.8M, beating the $60.1M consensus. Adjusted EBITDA of $59.8M also topped estimates, driven by a $15.2M sequential jump in surface use royalties from higher water volumes and commercial activity. Net income hit $31M and free cash flow reached $40.2M. Management reaffirmed full-year 2026 adjusted EBITDA guidance of $210M-$230M and declared a $0.12 quarterly dividend. The company is in late-stage talks with seven counterparties for over 10 GW of power projects, signaling growing digital infrastructure demand. This follows a strong Q1 and a $50M buyback authorization earlier this year, reinforcing the positive trajectory.
At the time of this announcement, LB was trading at $78.00 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $5.8B. The 52-week trading range was $43.75 to $85.60. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.