I Couldn't Be More Bullish On LandBridge If I Tried - Seeking Alpha

Nov 8, 2024 · It's time to talk about the LandBridge Company (NYSE:LB), my second-biggest investment and my second-most successful investment ever - so far. The company went …

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FAQs about I Couldn't Be More Bullish On LandBridge If I Tried - Seeking Alpha Coupon?

Is landbridge a good investment?

Play(19min) Summary LandBridge's diversified revenue streams and high-margin business model, including royalties from oil, gas, and water, make it a cornerstone in my portfolio. The company reported a 62% rise in EBITDA, initiated its first dividend, and provided its first guidance, showcasing robust growth potential. ...

What happened to landbridge Co LLC lb shares?

LandBridge Co LLC LB shares tanked in early trading on Tuesday and have been volatile since then, after the company's IPO last month. I focus on long-term investments, emphasizing macroeconomic insights and actionable stock ideas. My portfolio is built on high-conviction, rarely-sold stocks. ...

When did landbridge go public?

The company went public on June 28. On July 5, I wrote my first articleon the company, titled "Betting Big On A Tiny Texan - Why I Just Bought LandBridge." Since then, shares have returned roughly 180%, giving the stock a weighting of roughly 10% in my portfolio. ...

Should you buy landbridge Company LLC?

Although this may not be great for income-focused investors, most people who bought it at lower levels are already sitting on a 1-2% yield on cost. The dividend should also benefit from the company's massive secular growth potential and opportunistic land purchases. LandBridge Company LLC ...

How much will landbridge Company LLC make in 2024?

LandBridge Company LLC The company also announced its first guidance ever, expecting between $95 million and $100 million in EBITDA for 2024. For 2025, it expects at least $140 million in EBITDA. ...

Did landbridge buy more land?

LB 3Q24 Earnings Call LandBridge also bought more land, including the acquisition of 1,200 surface acres in Winkler County, Texas, adjacent to its East Stateline Rach assets. According to the company, this deal includes water infrastructure under a long-term contract with an active sand mine, boosting resource-based income. ...