LandBridge Co LLC (LB) Financial Statements (2026 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)Annual | Quarterly
| 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 14,935 | 37,032 | 14,417 | 24,646 | |||
| Cash and cash equivalent | 14,935 | 37,032 | 14,417 | 24,646 | |||
| Deferred costs | 9,600 | ||||||
| Other undisclosed current assets | 28,659 | 16,283 | 17,189 | 7,297 | |||
| Total current assets: | 43,594 | 53,315 | 31,606 | 41,543 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 918,613 | 902,742 | 628,087 | 629,812 | |||
| Oil and gas, successful efforts method, property and equipment, after accumulated depreciation, depletion, amortization, and impairment | 39,111 | 39,111 | |||||
| Intangible assets, net (including goodwill) | 44,125 | 45,265 | 27,484 | 28,048 | |||
| Intangible assets, net (excluding goodwill) | 44,125 | 45,265 | 27,484 | 28,048 | |||
| Deferred income tax assets | 72 | 411 | |||||
| Other noncurrent assets | 1,696 | 1,741 | 2,711 | 11,060 | |||
| Other undisclosed noncurrent assets | (39,111) | (39,111) | |||||
| Total noncurrent assets: | 964,506 | 950,159 | 658,282 | 668,920 | |||
| TOTAL ASSETS: | 1,008,100 | 1,003,474 | 689,888 | 710,463 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 5,837 | 7,185 | 6,199 | 12,984 | |||
| Accrued liabilities | 5,837 | 7,185 | 6,199 | 12,984 | |||
| Deferred revenue | 832 | 1,221 | |||||
| Debt | 299 | 424 | 35,547 | 35,148 | |||
| Other liabilities | 1,096 | 2,119 | 826 | 1,535 | |||
| Other undisclosed current liabilities | 3,730 | 3,461 | 686 | 692 | |||
| Total current liabilities: | 11,794 | 14,410 | 43,258 | 50,359 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 375,467 | 380,815 | 242,430 | 360,845 | |||
| Long-term debt, excluding current maturities | 375,467 | 380,815 | 242,430 | 360,845 | |||
| Liabilities, other than long-term debt | 182 | 183 | 183 | 2,817 | |||
| Other liabilities | 182 | 183 | 183 | 2,817 | |||
| Total noncurrent liabilities: | 375,649 | 380,998 | 242,613 | 363,662 | |||
| Total liabilities: | 387,443 | 395,408 | 285,871 | 414,021 | |||
| Equity | |||||||
| Equity, attributable to parent, including: | 440,345 | 436,012 | 97,209 | ||||
| Retained earnings | 7,464 | 3,349 | 2,656 | ||||
| Other undisclosed equity, attributable to parent | 432,881 | 432,663 | 94,553 | ||||
| Equity, attributable to noncontrolling interest | 180,312 | 172,054 | 306,808 | ||||
| Other undisclosed equity | 296,442 | ||||||
| Total equity: | 620,657 | 608,066 | 404,017 | 296,442 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,008,100 | 1,003,474 | 689,888 | 710,463 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | ||
|---|---|---|---|---|---|---|
| Revenues | 43,951 | 36,499 | 28,487 | 25,953 | ||
| Gross profit: | 43,951 | 36,499 | 28,487 | 25,953 | ||
| Operating expenses | (1,127) | |||||
| Other operating expense, net | (708) | (611) | ||||
| Other undisclosed operating loss | (17,787) | (18,480) | (24,592) | (76,578) | ||
| Operating income (loss): | 25,037 | 18,019 | 3,187 | (51,236) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 25,037 | 18,019 | 3,187 | (51,236) | ||
| Other undisclosed loss from continuing operations before income taxes | (7,977) | (7,100) | (7,071) | (6,280) | ||
| Income (loss) from continuing operations before income taxes: | 17,060 | 10,919 | (3,884) | (57,516) | ||
| Income tax expense (benefit) | (1,601) | (2,765) | 1,128 | (137) | ||
| Net income (loss): | 15,459 | 8,154 | (2,756) | (57,653) | ||
| Net income (loss) attributable to noncontrolling interest | (8,995) | (5,700) | 5,412 | |||
| Net income (loss) attributable to parent: | 6,464 | 2,454 | 2,656 | (57,653) | ||
| Undistributed earnings (loss) allocated to participating securities, basic | 94 | |||||
| Other undisclosed net loss available to common stockholders, basic | (202) | (188) | ||||
| Net income (loss) available to common stockholders, basic: | 6,262 | 2,454 | 2,562 | (57,653) | ||
| Other undisclosed net income (loss) available to common stockholders, diluted | 8,996 | (5,318) | ||||
| Net income (loss) available to common stockholders, diluted: | 15,258 | 2,454 | (2,756) | (57,653) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | 15,459 | 8,154 | (2,756) | (57,653) | ||
| Comprehensive income (loss): | 15,459 | 8,154 | (2,756) | (57,653) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (8,995) | (5,700) | 5,412 | |||
| Comprehensive income (loss), net of tax, attributable to parent: | 6,464 | 2,454 | 2,656 | (57,653) | ||
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.