Key Points – Record Q2 performance: LandBridge reported revenue of $66.8 million, up 41% year over year, while adjusted EBITDA rose 41% to $59.8 million.
The company reaffirmed its 2026 adjusted EBITDA guidance of $210 million to $230 million. – Digital infrastructure pipeline: The company is in advanced discussions with seven counterparties representing more than 10 gigawatts of potential power-generation and data-center capacity
LandBridge expects some projects could begin generating lease revenue by the end of 2027, subject to binding agreements. – Financial flexibility and expansion: LandBridge increased its revolving credit facility to $375 million, reduced borrowing costs, and reported a lower net leverage ratio of 2.5 times. It also continues to pursue acquisitions, declared a $0.12 quarterly dividend, and approved conversion from an LLC to a Texas corporation to potentially broaden index eligibility and its investor base. – AI’s Power Crunch Fuels a Pivot for These 2 Oilfield Stocks LandBridge (NYSE:LB) reported record second-quarter revenue of $66.8 million, up 41% from a year earlier and 31% sequentially, as produced-water activity and commercial development across its Delaware Basin acreage increased. The company reaffirmed its full-year 2026 adjusted EBITDA guidance of $210 million to $230 million.
Chief Executive Officer Jason Long said the company’s operating model centers on generating revenue from its more than 325,000 surface acres through land management, royalties, leases and other surface-related uses. He highlighted continued activity in oil and gas development, produced-water handling and disposal, industrial uses, power generation and potential digital infrastructure projects. – The Energy Trade Is Bigger Than Oil Prices: 3 Stocks to Buy and 2 to Sell “We are pleased to have delivered another strong quarter of operational and fiscal performance, featuring record-setting revenues and growth across key business categories,” Long said….