LandBridge Co LLC reported first quarter 2026 results: revenue $51.0 million, net income $17.9 million. Guidance raised.
“LandBridge Announces First Quarter 2026 Results Increases full-year 2026 Adjusted EBITDA outlook to $210 million to $230 million Delivers first quarter revenues of $51.0 million, up 16% year-over-year Declares quarterly cash dividend of $0.12 per share Adds ~5,700 acres via strategic bolt-on acquisitions”
Debt Financings
LandBridge Co LLC incurred senior notes of $500 million with UMB Bank, N.A. (as trustee) at 6.250% maturing 2030.
“On November 25, 2025, DBR Land Holdings LLC (the “Issuer”), a subsidiary of LandBridge Company LLC (the “Company”), completed the previously announced private placement (the “Offering”) of $500 million aggregate principal amount of 6.250% Senior Notes due 2030 (the “Notes”).”
Debt Financings
LandBridge Co LLC incurred revolving credit of $275 million with Texas Capital Bank, as administrative and collateral agent, and the lenders party thereto at Term SOFR plus 2.00%-3.00% per annum; Base Rate plus 1.00%-2.00% per annum maturing June 30, 2030 or earlier if 91 days prior to Notes maturity if Notes outstanding > $50 million.
“On November 18, 2025, DBR Land Holdings LLC (“DBR Land”), a subsidiary of LandBridge Company LLC (NYSE: LB; NYSE TX: LB) (the “Company”), entered into a revolving credit agreement (the “Credit Agreement”) by and among Texas Capital Bank, as administrative and collateral agent (the “Administrative Agent”), and the lenders party thereto (collectively, the “Lenders”). The Credit Agreement provides for lender commitments of $275 million and matures on the earlier of (a) June 30, 2030, and (b) the date that is 91 days prior to the stated maturity of the Notes (as defined below) if, on such date, the outstanding principal amount of the Notes is greater than $50 million (the “Maturity Date”). Borrowings under the Credit Agreement are secured by a first-priority lien on substantially all assets of DBR Land and its subsidiaries, and is also guaranteed by each of its subsidiaries.”
Debt Financings
LandBridge Co LLC incurred term loan of $200.0 million with Texas Capital Bank maturing July 3, 2027.
“The Amendment provides for a new delayed draw term loan facility with total term loan commitments of $200.0 million for the purpose of financing part of the Acquisition and paying certain related costs and expenses (the "DDTL Facility").”
Andrea Nicolás was appointed as Director at LandBridge Co LLC.
“On September 12, 2024, the Board of Directors (the “Board”) of LandBridge Company LLC (NYSE: LB) (the “Company”) appointed Andrea Nicolás to serve on the Board, with a term expiring at the Company’s 2025 annual meeting of shareholders.”
Valerie P. Chase was appointed as Director at LandBridge Co LLC.
“David N. Capobianco was appointed as chairman of the Board, and Jason Long, Matthew K. Morrow, Michael S. Sulton, Frank Bayouth, Kara Goodloe Harling, Ben Moore, Charles Watson, Ty Daul and Valerie P. Chase were appointed as members of the board.”
Ty Daul was appointed as Director at LandBridge Co LLC.
“David N. Capobianco was appointed as chairman of the Board, and Jason Long, Matthew K. Morrow, Michael S. Sulton, Frank Bayouth, Kara Goodloe Harling, Ben Moore, Charles Watson, Ty Daul and Valerie P. Chase were appointed as members of the board.”
Charles Watson was appointed as Director at LandBridge Co LLC.
“David N. Capobianco was appointed as chairman of the Board, and Jason Long, Matthew K. Morrow, Michael S. Sulton, Frank Bayouth, Kara Goodloe Harling, Ben Moore, Charles Watson, Ty Daul and Valerie P. Chase were appointed as members of the board.”
Ben Moore was appointed as Director at LandBridge Co LLC.
“David N. Capobianco was appointed as chairman of the Board, and Jason Long, Matthew K. Morrow, Michael S. Sulton, Frank Bayouth, Kara Goodloe Harling, Ben Moore, Charles Watson, Ty Daul and Valerie P. Chase were appointed as members of the board.”
Kara Goodloe Harling was appointed as Director at LandBridge Co LLC.
“David N. Capobianco was appointed as chairman of the Board, and Jason Long, Matthew K. Morrow, Michael S. Sulton, Frank Bayouth, Kara Goodloe Harling, Ben Moore, Charles Watson, Ty Daul and Valerie P. Chase were appointed as members of the board.”
Frank Bayouth was appointed as Director at LandBridge Co LLC.
“David N. Capobianco was appointed as chairman of the Board, and Jason Long, Matthew K. Morrow, Michael S. Sulton, Frank Bayouth, Kara Goodloe Harling, Ben Moore, Charles Watson, Ty Daul and Valerie P. Chase were appointed as members of the board.”
Michael S. Sulton was appointed as Director at LandBridge Co LLC.
“David N. Capobianco was appointed as chairman of the Board, and Jason Long, Matthew K. Morrow, Michael S. Sulton, Frank Bayouth, Kara Goodloe Harling, Ben Moore, Charles Watson, Ty Daul and Valerie P. Chase were appointed as members of the board.”
Matthew K. Morrow was appointed as Director at LandBridge Co LLC.
“David N. Capobianco was appointed as chairman of the Board, and Jason Long, Matthew K. Morrow, Michael S. Sulton, Frank Bayouth, Kara Goodloe Harling, Ben Moore, Charles Watson, Ty Daul and Valerie P. Chase were appointed as members of the board.”
Jason Long was appointed as Director at LandBridge Co LLC.
“David N. Capobianco was appointed as chairman of the Board, and Jason Long, Matthew K. Morrow, Michael S. Sulton, Frank Bayouth, Kara Goodloe Harling, Ben Moore, Charles Watson, Ty Daul and Valerie P. Chase were appointed as members of the board.”
David N. Capobianco was appointed as Chairman of the Board at LandBridge Co LLC.
“David N. Capobianco was appointed as chairman of the Board, and Jason Long, Matthew K. Morrow, Michael S. Sulton, Frank Bayouth, Kara Goodloe Harling, Ben Moore, Charles Watson, Ty Daul and Valerie P. Chase were appointed as members of the board.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.