NYSE$LB

LandBridge Company LLC · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Headline financials

Total Revenue

$37.5M

Previous: $16.2M+131.2%
EPS (adj)

-$0.63

Previous: $0.17-474.2%
Net Income Margin

14.0%

No prior period
Adjusted EBITDA

$15.2M

No prior period
Adjusted EBITDA Margin

87.0%

No prior period
Operating Cash Flow Margin

72.0%

No prior period
Free Cash Flow Margin

71.0%

No prior period
Net Income

-$9.2M

Previous: $2.46M-474.1%
Operating Income

$24.9M

Previous: $3.22M+674.8%
Gross Profit

$37.1M

Previous: $14.8M+150.7%
R&D Expense

$0.00

Previous: $0.00

Revenue & EPS history

LandBridge Company LLC · Revenue · Quarterly

$37.5M

Q4 2023+131.2%vs Q4 2022
Beat estimate in 3 of 6 quarters(50%)
ActualEstimate

Revenue by segment

LandBridge Company LLC · $17.5M total across 8 segments · Q4 2023

  • Oil and Gas Royalties
    $5.8M
  • Easements & Surface Revenue
    $2.73M
  • Surface Use Royalties
    $2.46M
  • Surface Use Royalties - RP
    $2.16M
  • Resource Sales
    $2.14M
  • Resource Royalties
    $1.62M
  • Easements & Surface - RP
    $385K
  • Resource Sales - RP
    $158K

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 6 quarterly earnings reports

Historical avg

+1.3%

Avg return

Earnings day

+1.7%

Avg return

5 days after

-2.8%

Avg return

30 days after

43%

3 / 7 earnings

Positive

+22.7%

Q3 2024

Best reaction

-11.3%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.2%+1.1%+5.8%
Q4 2025+13.8%+12.0%+10.0%
Q3 2025-10.5%-23.9%-32.3%
Q1 2025-11.3%+1.2%-5.9%
Q4 2024-6.1%+4.2%-8.9%
Q3 2024+22.7%+13.8%+4.2%
Q2 2024+1.0%+3.2%+7.7%
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022

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