Welcome to our dedicated page for Landbridge Company SEC filings (Ticker: LB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The LandBridge Company LLC (NYSE: LB; NYSE Texas: LB) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures, along with AI-powered summaries that help explain key points from each document. LandBridge is a land and resource management company that owns a large surface acreage position across Texas and New Mexico, primarily in the Delaware sub-region of the Permian Basin. Its filings offer detailed insight into how it manages this acreage, structures its capital and reports financial performance.
Through LandBridge’s annual reports on Form 10-K and quarterly reports on Form 10-Q, investors can review information on revenue categories such as surface use royalties and revenues, resource sales and resource royalties, and oil and gas royalties. These filings also describe operating metrics, non-GAAP measures like Adjusted EBITDA and free cash flow, and discussions of how produced water handling royalties, easements and commercial activity on its lands affect results. Stock Titan’s AI tools can highlight the most important sections and clarify technical terms in these lengthy documents.
Current reports on Form 8-K are particularly relevant for tracking material events at LandBridge. Recent 8-K filings describe agreements to acquire additional acreage and pore space, amendments and replacements of credit facilities, private placements of senior notes due 2030 by subsidiary DBR Land Holdings LLC, and underwritten public offerings of Class A shares by a selling shareholder. These filings also summarize key terms of revolving credit agreements, leverage and coverage covenants, note indentures and underwriting agreements. AI-generated summaries on Stock Titan can help users quickly understand how each event affects LandBridge’s financial obligations and capital structure.
The filings page is also a resource for monitoring LandBridge’s debt service coverage metrics and covenant calculations, as disclosed in connection with its credit agreements and notes offerings. While insider transaction reports on Form 4 and proxy statements on executive compensation are not detailed in the provided data, Stock Titan is designed to surface such documents when available and apply AI analysis to them. With real-time updates from EDGAR and concise AI explanations, this page helps investors and researchers navigate LandBridge’s SEC reporting history, from periodic reports to transaction-specific 8-Ks and financing-related exhibits.
LandBridge Company LLC furnished an update indicating it has posted a new investor presentation titled “LandBridge 2026 Investor Day” on its Investor Relations webpage. The materials are available in the Events & Presentations section of the company’s website and may be supplemented with additional investor materials over time.
The information related to this presentation is being furnished rather than filed under securities laws, meaning it is not subject to certain legal liabilities and is not automatically incorporated into other securities filings unless specifically referenced.
LandBridge Co LLC director-associated entity reports open-market sales of Class A shares. Class A shares representing limited liability company interests in LandBridge Co LLC that are directly held by Wincrest Ventures, LP, an entity over which director Charles L. Watson may exercise voting and investment control, were sold in open-market transactions.
Across 2026-03-02, 2026-03-04, and 2026-03-06, Wincrest Ventures, LP sold a total of 53,350 Class A shares at reported prices of $74.0661, $75.1884, and $75.0043 per share, with one transaction described as a weighted average price for trades between $75.1477 and $75.6468 per share. Following these indirect sales, 64,250 Class A shares remain indirectly held through Wincrest Ventures, and 9,554 Class A shares are reported as held directly.
LandBridge Company LLC files its annual report describing a fast-growing surface land and resource business in the Delaware Basin. For the year ended December 31, 2025, total revenues reached $199.1 million, with net income of $72.4 million and Adjusted EBITDA of $177.2 million.
The company generated Free Cash Flow of $122.0 million on minimal capital expenditures of $4.2 million, reflecting an asset-light model where customers fund most infrastructure on over 315,000 surface acres. Revenue comes mainly from surface use royalties and fees, resource sales (brackish water, caliche, sand-related royalties) and oil and gas royalties.
LandBridge highlights deep integration with water midstream operator WaterBridge, which handled about 2.5 million barrels per day of produced water across 4.8 million barrels per day of capacity, including substantial capacity on LandBridge acreage. The company also emphasizes growth through 2024–2025 land acquisitions, new commercial uses such as solar projects and data center development, and notes total debt of $570.7 million outstanding at year-end 2025.
LandBridge Company LLC reported strong fourth quarter and full-year 2025 results, highlighted by rapid growth and high margins. Q4 2025 revenue was $56.8 million, up 56% year-over-year and 12% sequentially, with net income of $18.2 million and Adjusted EBITDA of $51.1 million, a 90% margin.
For 2025, revenue reached $199.1 million, up 81% year-over-year, while net income was $72.4 million and Adjusted EBITDA was $177.2 million, an 89% margin. Operating cash flow was $126.3 million and Free Cash Flow was $122.0 million, reflecting a 61% Free Cash Flow margin.
The company refinanced its debt with a $500.0 million 6.25% senior notes offering and a new $275.0 million revolver, ending 2025 with $235.7 million of liquidity, $30.7 million of cash and $570.0 million of borrowings. The board raised the quarterly dividend 20% to $0.12 per share, authorized up to $50 million of Class A share repurchases through year-end 2027, and issued 2026 Adjusted EBITDA guidance of $205–$225 million, implying over 20% projected growth at the midpoint.
Morgan Stanley and Morgan Stanley Investment Management Inc. report passive ownership of LandBridge Co LLC Class A Shares. They beneficially own 2,110,782 shares, representing 8.3% of the class, as of 01/31/2026. The firms state the position is held in the ordinary course of business, without the purpose or effect of changing or influencing control of LandBridge.
LandBridge Co LLC insider trading report: An executive officer reported buying additional shares of the company. On 01/05/2026, the Executive Vice President and General Counsel purchased 850 Class A shares of LandBridge Co LLC at a price of $46.84 per share. After this transaction, the officer directly owns 66,874 Class A shares. This filing reflects the individual’s updated ownership position in the company’s equity.
LandBridge Co LLC executive Scott L. McNeely, Executive Vice President and Chief Financial Officer, reported an acquisition of company equity. On January 6, 2026, he acquired 549 Class A shares of LandBridge Co LLC at a price of $45.49 per share. Following this transaction, he beneficially owned 81,276 Class A shares, held in direct ownership. The filing covers this single equity purchase by one reporting person.
LandBridge Co LLC reported an insider share purchase by a company leader. A reporting person who is both a director and the company’s President and Chief Executive Officer bought 2,143 Class A shares of LandBridge on 01/05/2026. The transaction is coded “P,” indicating a purchase, at a price of $46.59 per share. After this transaction, the insider directly holds 223,546 Class A shares.
LandBridge Company LLC, through subsidiary DBR Land Holdings LLC, completed a private placement of $500 million aggregate principal amount of 6.250% Senior Notes due 2030. The company plans to use the net proceeds from these notes, together with borrowings under a new revolving credit facility, to repay and terminate its existing credit facility, which had $370.2 million of outstanding borrowings as of September 30, 2025. The notes are senior unsecured obligations guaranteed on a senior unsecured basis by all existing subsidiaries and include customary covenants, redemption options starting before and after December 1, 2027, and a change of control repurchase feature at 101% of principal plus accrued interest.
LandBridge Co LLC director and 10% owner reports major share activity. On November 18, 2025, LandBridge Holdings redeemed 2,500,000 OpCo Units together with the cancellation of an equal number of Class B shares for 2,500,000 Class A shares of LandBridge Co LLC. It then sold the same 2,500,000 Class A shares in an underwritten public offering at $70.00 per share, which was the price to the underwriter. Following these transactions, the reporting persons indirectly beneficially owned 48,593,505 securities as shown in the filing, and held no Class A shares in the reported indirect account.