LandBridge Corp
Close on Oct 19, 2026
- Market cap
- $6.16B
- P/E (TTM)
- 80.9
- Dividend yield
- –
About LandBridge
Oil Royalty Traders, SIC 6792
LandBridge is a land management company that acquires and manages surface acreage to facilitate energy development and infrastructure projects. The company generates revenue by charging royalties and fees for surface access, leasing land for produced water handling and industrial facilities, selling natural resources such as brackish water and caliche, and collecting royalties from mineral interests. Its core operations support oil and gas exploration, water midstream logistics, pipelines, power transmission, and digital infrastructure. LandBridge serves upstream exploration and production companies, midstream infrastructure operators, and industrial developers, with major commercial clients including WaterBridge, VTX Energy, ConocoPhillips, EOG Resources, and Occidental Petroleum.
The company owns or manages more than 315,000 surface acres situated across the Delaware Basin within the broader Permian Basin in Texas and New Mexico. This acreage footprint is divided across three designated operational areas: the Stateline, Northern, and Southern Positions. LandBridge also holds approximately 4,400 gross mineral acres in the Delaware Basin. The provided text does not identify the location of the company's corporate headquarters.
Summary of the business section of LandBridge's latest annual report, written by StockData.
Company profile
Company
- Legal name
- LandBridge Corp
- Founded
- 2023
- Headquarters
- Houston, TX
- Address
- 5555 San Felipe Street, Suite 1200 77056
- Phone
- (713) 230-8864
- Employees
- 5, Dec 31, 2025
- Industry
- Oil Royalty Traders
- Incorporated in
- Texas
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, Houston, Texas
Stock & identifiers
- Ticker
- LB
- Exchange
- NYSE
- IPO date
- Jun 28, 2024
- Shares outstanding
- 77M, Aug 5, 2026
- Public float
- $1.70M, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1995807
- CUSIP
- 514952100
- ISIN
- US5149521008
- LEI
- 529900P7NBGGY6C0SF08
- EIN
- 93-3636146
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jason Thomas Long | See Remarks, Director | 210,479 |
| Scott Lloyd McNeely | See Remarks | 84,017 |
| Harrison Fenner Bolling | See Remarks | 71,294 |
| Jason Frederick Williams | See Remarks | 68,447 |
| Point Energy Fund III AIV-VIII LP Five | Director | 48,593,505 |
| Holdings LLC LandBridge | Director | – |
| Point Energy GP II LP Five | Director | 53,141,496 |
| Point Energy GP III LP Five | Director | 48,593,505 |
| Point Energy Fund II AIV-VII LP Five | Director | – |
| David N. Capobianco | Director | 48,418,908 |
| Point Energy GP II LLC Five | Director | 48,418,908 |
| Point Energy GP III LLC Five | Director | – |
| Charles L. Watson | Director | 75,704 |
| Ty P. Daul | Director | 20,295 |
| Andrea Liria Nicolas | Director | 11,454 |
| Valerie Chase | Director | 14,397 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Jason Long | – | -$11.26M | – | $291 | $128 |
| FY2024 Jason Long | $24.61M | $90.30M | $11.16M | $381 | $104 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“Pursuant to the Shared Services Agreement, WaterBridge provides general and administrative services, as well as limited operational and maintenance services to us, together with five dedicated employees providing field services and five dedicated employees providing corporate services.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Oct 14, 2026 | Delisting | Notice of delisting from exchange (Form 25) |
| Oct 1, 2026 | Name change | Name changed from LandBridge Co LLC to LandBridge Corp |
| Aug 14, 2025 | Listing | Registration of securities on an exchange (Form 8-A) |
| Dec 26, 2024 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 28, 2024 | IPO | Initial public offering priced (424B4 prospectus) |
| Jun 27, 2024 | Listing | Registration of securities on an exchange (Form 8-A) |