LandBridge Co LLC (LB) Financial Statements (2025 and earlier)

Company Profile

Business Address 5555 SAN FELIPE STREET, SUITE 1200
HOUSTON, TX 77056
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 6792 - Oil Royalty Traders (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2025
MRQ
12/31/2024
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments37,032
Cash and cash equivalent37,032
Other undisclosed current assets16,283
Total current assets:53,315
Noncurrent Assets
Property, plant and equipment902,742
Intangible assets, net (including goodwill)45,265
Intangible assets, net (excluding goodwill)45,265
Deferred income tax assets411
Other noncurrent assets1,741
Total noncurrent assets:950,159
TOTAL ASSETS:1,003,474
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities7,185
Accrued liabilities7,185
Deferred revenue1,221
Debt424
Other liabilities2,119
Other undisclosed current liabilities3,461
Total current liabilities:14,410
Noncurrent Liabilities
Long-term debt and lease obligation380,815
Long-term debt, excluding current maturities380,815
Liabilities, other than long-term debt183
Other liabilities183
Total noncurrent liabilities:380,998
Total liabilities:395,408
Equity
Equity, attributable to parent, including:436,012
Retained earnings3,349
Other undisclosed equity, attributable to parent432,663
Equity, attributable to noncontrolling interest172,054
Total equity:608,066
TOTAL LIABILITIES AND EQUITY:1,003,474

Income Statement (P&L) ($ in thousands)

6/30/2025
TTM
12/31/2024
Revenues109,954
Gross profit:109,954
Operating expenses(3,174)
Other operating expense, net
(Other undisclosed Other operating expense, net)
 
Other undisclosed operating loss(123,290)
Operating income (loss):(16,510)
Nonoperating income
(Other Nonoperating income)
 241
Income (loss) from continuing operations before equity method investments, income taxes:(16,269)
Other undisclosed loss from continuing operations before income taxes(23,335)
Income (loss) from continuing operations before income taxes:(39,604)
Income tax expense(1,875)
Net income (loss):(41,479)
Net loss attributable to noncontrolling interest(288)
Other undisclosed net income attributable to parent 46,877
Net income attributable to parent:5,110
Undistributed earnings (loss) allocated to participating securities, basic 
Other undisclosed net loss available to common stockholders, basic 
Net income available to common stockholders, basic:5,110
Other undisclosed net income available to common stockholders, diluted 
Net income available to common stockholders, diluted:5,110

Comprehensive Income ($ in thousands)

6/30/2025
TTM
12/31/2024
Net income (loss):(41,479)
Comprehensive income (loss):(41,479)
Comprehensive loss, net of tax, attributable to noncontrolling interest(288)
Comprehensive income (loss), net of tax, attributable to parent:(41,767)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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