LandBridge Company LLC

LandBridge Company LLC is involved in the acquisition and management of surface acreage in the prolific Permian Basin in the United States. The basin is the most active region for oil and natural gas exploration and development in the country. LandBridge strategically owns acres of surface land across Texas and New Mexico. LandBridge operates within the energy sector. Its landholdings are leased to oil and natural gas exploration companies for drilling and well development. Additionally, the land can be used for solar power generation, power storage facilities, data centres, and non-hazardous oilfield reclamation projects. In June 2024, the company went public with the launch of its initial public offering (IPO). Add LB stock to your eToro virtual portfolio.