LandBridge Announces Third Quarter 2026 Results

Jason Long, Chief Executive Officer of LandBridge

“LandBridge delivered another strong quarter, with revenue growing 39% year-over-year, and we are increasing our full year 2026 guidance based on the continued organic and M&A momentum across our acreage.”

Jason Long, Chief Executive Officer of LandBridge

“Our acquisition of approximately 25,000 acres during the quarter perpetuates our strategy of acquiring strategic acreage at accretive multiples, with the goal of blending that multiple down over time through our dedicated commercial efforts.”

Jason Long, Chief Executive Officer of LandBridge

“Alongside the continued strength of our acquisition pipeline, PowerBridge’s conversion of its option to a long-term lease and the start of construction on Alpha Phase I demonstrate the growing momentum of our commercial strategy across the footprint.”

Scott McNeely, Chief Financial Officer of LandBridge

“Our third quarter results underscore the scalability of our high-margin, asset-light business model.”

Scott McNeely, Chief Financial Officer of LandBridge

“Growth across every revenue stream, together with the expected contribution from recent acquisitions beginning in the fourth quarter, supports our decision to raise the midpoint of our full year Adjusted EBITDA guidance to $227.5 million.”

Scott McNeely, Chief Financial Officer of LandBridge

“We also recently completed our conversion to a Texas corporation, a milestone that supports broader index eligibility and reinforces our focus on long-term shareholder value creation.”