LandBridge Q2 revenue $66.8M (+41% YoY), net income $31.0M, declares $0.12 dividend, acquires 560 acres for $20M

LandBridge Co LLC

Revenue $66.8M (+41% YoY, +31% QoQ); net income $31.0M (+68% YoY, +74% QoQ).
Adjusted EBITDA $59.8M (89% margin); Free Cash Flow $40.2M (60% margin).
Declared quarterly dividend $0.12/share, payable Sep 10, record Aug 27.
Acquired 560 acres in NM for $20M; credit facility increased to $375M with 25bps margin reduction.
Board approved conversion to Texas corporation for broader index eligibility.

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