LB

LandBridge Corporation has completed its conversion and redomestication from a Delaware limited liability company to a Texas corporation, retaining its ticker, assets, operations, and leadership structure.

LandBridge is setting up in an early base after a 75% gain in 2026 as the Middle East war continues to roil energy markets.

LandBridge (LB) is back in focus after reporting record second quarter revenue and net income, while outlining plans to redomicile as a Texas corporation and to advance large scale power and digital infrastructure partnerships.

In the second quarter of 2026, LandBridge Company LLC (NYSE: LB) reported higher revenue of US$66.84 million and net income of US$12.29 million year over year, maintained a US$0.12 per‑share dividend on Class A shares, and outlined an active acquisition pipeline focused on fee-based land, pore space, and infrastructure opportunities.

LandBridge stock has rallied strongly year to date, yet the valuation picture is mixed as an intrinsic value estimate based on a Discounted Cash Flow (DCF) points to a discount while broader checks do not show a clear bargain.

Record revenue and cash flow driven by surface-active management in Delaware Basin.