Articles from LandBridge Company LLC
LandBridge Schedules Fourth Quarter and Fiscal Year 2024 Earnings Release and Conference Call
LandBridge Company LLC ("LandBridge") today announced that it will release its financial results for the fourth quarter and the fiscal year ended December 31, 2024 after market close on Wednesday, March 5, 2025. LandBridge will host a webcast and conference call to discuss its results on Thursday, March 6, 2025, at 8:00 a.m. Central Time / 9:00 a.m. Eastern Time.
By LandBridge Company LLC · Via Business Wire · January 31, 2025
LandBridge Closes Acquisition of 46,000 Surface Acres in the Delaware Basin
LandBridge Company LLC (NYSELB) (“LandBridge,” “we” or “our”) today announced it has closed its previously announced acquisition of approximately 46,000 largely contiguous surface acres, known as the Wolf Bone Ranch, in the Delaware Basin from a subsidiary of VTX Energy Partners, LLC, a Vitol investment (“VTX Energy”).
By LandBridge Company LLC · Via Business Wire · December 20, 2024
LandBridge Closes Acquisition of ~5,800 Surface Acres in Lea County, New Mexico and Increases 2025 Guidance
LandBridge Company LLC (NYSELB) (“LandBridge”) today announced it has closed its previously-announced acquisition of approximately 5,800 largely contiguous surface acres in Lea County, New Mexico, expanding LandBridge’s holdings into a new area of the Delaware Basin.
By LandBridge Company LLC · Via Business Wire · November 22, 2024
LandBridge Announces Agreement to Acquire 46,000 Surface Acres in the Southern Delaware Basin
LandBridge Company LLC (NYSELB) (“LandBridge”) today announced it has entered into a purchase and sale agreement (the “Agreement”) to acquire approximately 46,000 largely contiguous surface acres in the Southern Delaware Basin known as the Wolf Bone Ranch for total consideration of $245 million in cash from a subsidiary of VTX Energy Partners, LLC, a Vitol investment (the “Acquisition”), subject to customary purchase price adjustments and closing conditions.
By LandBridge Company LLC · Via Business Wire · November 19, 2024
LandBridge Company LLC Announces Third Quarter Results and Declares Quarterly Cash Dividend
LandBridge Company LLC (NYSELB) (the “Company,” “LandBridge”) today announced its financial and operating results for the third quarter of 2024.
By LandBridge Company LLC · Via Business Wire · November 6, 2024
LandBridge Schedules Third Quarter 2024 Earnings Release and Conference Call
LandBridge Company LLC ("LandBridge") today announced that it will release its financial results for the third quarter 2024 after market close on Wednesday, November 6, 2024. LandBridge will host a webcast and conference call to discuss its results on Thursday, November 7, 2024, at 8:00 a.m. Central Time / 9:00 a.m. Eastern Time.
By LandBridge Company LLC · Via Business Wire · October 9, 2024
LandBridge Company LLC Announces Second Quarter Results
LandBridge Company LLC (NYSELB) (the “Company,” “LandBridge” or “LB”) today announced its financial and operating results for the second quarter of 2024.
By LandBridge Company LLC · Via Business Wire · August 7, 2024
LandBridge Schedules Second Quarter 2024 Earnings Release and Conference Call
LandBridge Company LLC ("LandBridge") today announced that it will release its financial results for the second quarter 2024 after market close on Wednesday, August 7, 2024. LandBridge will host a webcast and conference call to discuss its results on Thursday, August 8, 2024, at 8:00 a.m. Central Time / 9:00 a.m. Eastern Time.
By LandBridge Company LLC · Via Business Wire · July 26, 2024
LANDBRIDGE ANNOUNCES CLOSING OF INITIAL PUBLIC OFFERING AND CONCURRENT PRIVATE PLACEMENT AND FULL EXERCISE OF THE UNDERWRITERS’ OPTION TO PURCHASE ADDITIONAL SHARES
LandBridge Company LLC (“LandBridge”) closed its initial public offering of 14,500,000 Class A shares representing limited liability company interests (“Class A shares”) at a price to the public of $17.00 per Class A share. In addition, the underwriters have exercised in full their 30-day option to purchase an additional 2,175,000 Class A shares at the public offering price, less underwriting discounts and commissions. The Class A shares began trading on the New York Stock Exchange (“NYSE”) under the ticker symbol “LB” on June 28, 2024. In addition to the Class A shares sold in the offering, LandBridge sold 750,000 Class A shares at a price of $17.00 per Class A share in a concurrent private placement to an accredited investor (the “concurrent private placement”). The sale of the Class A shares in the concurrent private placement are exempt from registration under the Securities Act of 1933, as amended, pursuant to Section 4(a)(2) thereof and Regulation D promulgated thereunder.
By LandBridge Company LLC · Via Business Wire · July 1, 2024
LANDBRIDGE ANNOUNCES PRICING OF INITIAL PUBLIC OFFERING AND CONCURRENT PRIVATE PLACEMENT
LandBridge Company LLC (“LandBridge”) today priced its initial public offering of 14,500,000 Class A shares representing limited liability company interests (“Class A shares”) at a price to the public of $17.00 per Class A share. In addition, LandBridge granted the underwriters a 30-day option to purchase up to an additional 2,175,000 Class A shares at the public offering price, less underwriting discounts and commissions. The Class A shares are expected to begin trading on the New York Stock Exchange (“NYSE”) under the ticker symbol “LB” on June 28, 2024. The offering is expected to close on July 1, 2024, subject to the satisfaction of customary closing conditions. In addition to the Class A shares sold in the offering, LandBridge agreed to sell 750,000 Class A shares at a price of $17.00 per Class A share in a concurrent private placement to an accredited investor (the “concurrent private placement”). The sale of the Class A shares in the concurrent private placement will be exempt from the registration requirements of the Securities Act of 1933, as amended, pursuant to Section 4(a)(2) thereof and Regulation D promulgated thereunder.
By LandBridge Company LLC · Via Business Wire · June 27, 2024