LandBridge Company LLC (LB)
Houston, TX, US
LandBridge Company LLC focuses on overseeing land and natural assets to bolster and optimize oil and natural gas production across the United States. The company possesses substantial surface acreage, specifically within and adjacent to the Delaware Basin, spanning both Texas and New Mexico. Furthermore, LandBridge holds a collection of oil and gas royalty interests. It also generates income by selling brackish water and various other surface-related materials. Established in 2021, its corporate headquarters are situated in Houston, Texas, functioning as a subsidiary of LandBridge Holdings LLC.
Based on only 1 article — low confidence
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +3.48% | +5.03% | -1.13% | +12.67% | -17.51% | +37.25% | -7.69% | +190.45% | +190.45% | +190.45% | +190.45% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 2 | 0 |
| Buy | 2 | 0 |
| Hold | 3 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
| Period | # Analysts | Avg Target |
|---|---|---|
| Last Month | — | — |
| Last Quarter | — | — |
| Last Year | 6 |
66.33
-17.2%
|
| All Time | 33 |
57.88
-27.7%
|
-
Revenue growth Oil & Gas Equipment & Services: +6.7%+81.1% ★ Q1'26: +16.0% (vs Q1'25)
-
EPS growth Oil & Gas Equipment & Services: +14.3%+1,397.9% ★ Q1'26: +220.0% (vs Q1'25)
-
FCF margin FCF growth · Oil & Gas Equipment & Services: +40.2%+33.2% Q1'26: +76.4% (vs Q1'25)
-
EBIT margin Oil & Gas Equipment & Services: +10.9%+57.4% ★ Q1'26: +57.2% (vs Q1'25)
-
ROIC Oil & Gas Equipment & Services: +6.7%+13.3% ★ Q1'26: +13.6% (vs Q1'25)
-
Share dilution Oil & Gas Equipment & Services: +0.3%-62.1% ★ Q1'26: -63.6% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Oil & Gas Equipment & Services: 0.32×0.01× ★ Q1'26: 0.00× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2021 actual |
Dec 2022 actual |
Jan 2025 actual |
Jan 2026 3 Rev. Ana. 1 EPS Ana. |
Jan 2027 2 Rev. Ana. 1 EPS Ana. |
Jan 2028 3 Rev. Ana. 1 EPS Ana. |
Jan 2029 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|
| Revenue |
14.34B
est.
|
51.78M
est: 14.95B (-99.7%)
|
112.13M
est.
|
194.30M
192.22M – 196.38M
+73.3% YoY
|
245.64M
241.53M – 249.74M
+26.4% YoY
|
297.89M
286.49M – 309.29M
+21.3% YoY
|
355.74M
341.52M – 366.25M
+19.4% YoY
|
| EBITDA |
4.79B
est.
|
3.63M
est: 4.99B (-99.9%)
|
45.78M
est.
|
79.34M
78.49M – 80.19M
+73.3% YoY
|
100.30M
98.62M – 101.97M
+26.4% YoY
|
121.63M
116.98M – 126.29M
+21.3% YoY
|
145.25M
139.45M – 149.55M
+19.4% YoY
|
| EBIT |
3.64B
est.
|
-3.09M
est: 3.79B (-100.1%)
|
37.40M
est.
|
64.81M
64.11M – 65.50M
+73.3% YoY
|
81.93M
80.56M – 83.30M
+26.4% YoY
|
99.36M
95.56M – 103.16M
+21.3% YoY
|
118.65M
113.91M – 122.16M
+19.4% YoY
|
| Net Income |
427.75M
est.
|
-6.36M
est: 418.21M (-101.5%)
|
28.33M
est.
|
38.96M
36.94M – 40.46M
+37.6% YoY
|
60.03M
29.03M – 91.02M
+54.1% YoY
|
82.43M
37.95M – 126.91M
+37.3% YoY
|
145.86M
138.28M – 151.46M
+77.0% YoY
|
| SGA |
7.95B
est.
|
41.80M
est: 8.28B (-99.5%)
|
55.40M
est.
|
96.00M
94.98M – 97.03M
+73.3% YoY
|
121.37M
119.34M – 123.40M
+26.4% YoY
|
147.19M
141.56M – 152.82M
+21.3% YoY
|
175.77M
168.75M – 180.97M
+19.4% YoY
|
| EPS |
5.83
est.
|
-0.44
est: 5.70 (-107.7%)
|
1.02
est.
|
1.40
1.33 – 1.45
+37.6% YoY
|
2.16
1.04 – 3.27
+54.1% YoY
|
2.96
1.36 – 4.56
+37.3% YoY
|
5.24
4.97 – 5.44
+77.0% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-06 | B | 3/5 | 2/5 | 4/5 | 4/5 | 4/5 | 1/5 | 1/5 |
| 2026-05-05 | B- | 2/5 | 2/5 | 3/5 | 3/5 | 4/5 | 1/5 | 1/5 |
| 2026-05-04 | B- | 2/5 | 2/5 | 3/5 | 3/5 | 4/5 | 1/5 | 1/5 |
| 2026-05-01 | B- | 3/5 | 2/5 | 4/5 | 4/5 | 3/5 | 1/5 | 1/5 |
| 2026-04-30 | B- | 3/5 | 2/5 | 4/5 | 4/5 | 3/5 | 1/5 | 1/5 |
| 2026-04-29 | B- | 3/5 | 2/5 | 4/5 | 4/5 | 3/5 | 1/5 | 1/5 |
| 2026-04-28 | B- | 3/5 | 2/5 | 4/5 | 4/5 | 3/5 | 1/5 | 1/5 |
| 2026-04-27 | B- | 2/5 | 2/5 | 3/5 | 4/5 | 3/5 | 1/5 | 1/5 |
| 2026-04-24 | C+ | 2/5 | 2/5 | 3/5 | 4/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-23 | B- | 2/5 | 2/5 | 3/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-22 | B- | 2/5 | 2/5 | 3/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-21 | B- | 3/5 | 2/5 | 4/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-20 | B- | 3/5 | 2/5 | 4/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-17 | B- | 3/5 | 2/5 | 4/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-16 | B- | 3/5 | 2/5 | 4/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-15 | B- | 3/5 | 2/5 | 4/5 | 5/5 | 2/5 | 1/5 | 1/5 |
Owner Earnings
Ownership Overview
| # | Reporting person | Amount owned | % of class | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Type | Citizenship | Filing date | SEC filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | AIV-VII | 55.73M | 76.20% | — | 55.73M | — | 55.73M | PN | — | 2024-07-03 | ↗ |
| 2 | AIV-VIII | 55.73M | 76.20% | — | 55.73M | — | 55.73M | PN | — | 2024-07-03 | ↗ |
| 3 | David N. Capobianco | 55.73M | 76.20% | 55.73M | — | 55.73M | — | IN | — | 2024-07-03 | ↗ |
| 4 | Five Point Energy Fund GP II LP | 55.73M | 76.20% | — | 55.73M | — | 55.73M | PN | — | 2024-07-03 | ↗ |
| 5 | Five Point Energy GP II LLC | 55.73M | 76.20% | — | 55.73M | — | 55.73M | OO | — | 2024-07-03 | ↗ |
| 6 | Five Point Energy GP III LLC | 55.73M | 76.20% | — | 55.73M | — | 55.73M | OO | — | 2024-07-03 | ↗ |
| 7 | Five Point Energy GP III LP | 55.73M | 76.20% | — | 55.73M | — | 55.73M | PN | — | 2024-07-03 | ↗ |
| 8 | LandBridge Holdings LLC | 55.73M | 76.20% | 55.73M | — | 55.73M | — | OO | — | 2024-07-03 | ↗ |
| 9 | First Manhattan Co. LLC | 1.92M | 13.24% | — | 1.92M | — | — | IA | Delaware | 2024-07-10 | ↗ |
| 10 | Abigail P. Johnson | 1.69M | 11.67% | — | — | 1.69M | — | IN | Delaware | 2024-07-10 | ↗ |
| 11 | FMR LLC | 1.69M | 11.67% | 1.69M | — | 1.69M | — | HC | Delaware | 2024-07-10 | ↗ |
| 12 | HighSage Ventures LLC | 1.05M | 6.00% | — | 1.05M | — | 1.05M | OO | Delaware | 2024-07-11 | ↗ |
| 13 | Jennifer Stier | 1.05M | 6.00% | — | 1.05M | — | 1.05M | HC | Delaware | 2024-07-11 | ↗ |
| 14 | Herbert Frazier | 1.00M | 5.74% | — | 1.00M | — | 1.00M | IN | Cayman Islands | 2024-07-08 | ↗ |
| 15 | Hill City Capital GP LLC | 1.00M | 5.74% | — | 1.00M | — | 1.00M | OO | Cayman Islands | 2024-07-08 | ↗ |
| 16 | Hill City Capital LP | 1.00M | 5.74% | — | 1.00M | — | 1.00M | IA, PN | Cayman Islands | 2024-07-08 | ↗ |
| 17 | Hill City Capital Master Fund LP | 1.00M | 5.74% | — | 1.00M | — | 1.00M | PN | Cayman Islands | 2024-07-08 | ↗ |
| 18 | Hill City GP LLC | 1.00M | 5.74% | — | 1.00M | — | 1.00M | OO | Cayman Islands | 2024-07-08 | ↗ |
Institutional Activity (13F)
| # | Investor | Shares / Δ | Mkt value / Δ | Own% / Δ | Weight% / Δ | Avg px / Perf. | Hold / Status |
|---|---|---|---|---|---|---|---|
| 1 | FIRST MANHATTAN CO. LLC. | 6.86M +1.3M (+24.0%) | 338.71M +43.6M (+14.8%) | 27.08% +5.250 pp | 0.89% +0.110 pp | USD45.21 +8.4% | 7 qtrs — |
| 2 | HORIZON KINETICS ASSET MANAGEMENT LLC | 5.64M +10.7K (+0.2%) | 276.44M -24.0M (-8.0%) | 22.27% +0.042 pp | 3.74% +0.076 pp | USD27.67 +77.1% | 7 qtrs — |
| 3 | MORGAN STANLEY | 4.89M -53.8K (-1.1%) | 239.81M -24.2M (-9.2%) | 19.32% -0.213 pp | 0.01% -0.002 pp | USD67.13 -27.0% | 6 qtrs — |
| 4 | VANGUARD GROUP INC | 861.8K +7.0K (+0.8%) | 42.22M -3.4M (-7.4%) | 3.40% +0.028 pp | 0.00% 0.000 pp | USD64.76 -24.4% | 5 qtrs — |
| 5 | FMR LLC | 813.7K -6.4K (-0.8%) | 39.87M -3.9M (-8.9%) | 3.21% -0.025 pp | 0.00% 0.000 pp | USD27.76 +76.5% | 7 qtrs — |
| 6 | WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 690.3K +690.3K (+100.0%) | 33.82M +33.8M (+100.0%) | 2.72% +2.725 pp | 0.09% +0.094 pp | USD48.99 +0.0% | 1 qtrs NEW |
| 7 | HOOD RIVER CAPITAL MANAGEMENT LLC | 621.1K -49.6K (-7.4%) | 30.43M -5.4M (-15.0%) | 2.45% -0.196 pp | 0.33% -0.089 pp | USD64.71 -24.3% | 5 qtrs — |
| 8 | SCHWARTZ INVESTMENT COUNSEL INC | 592.9K +13.1K (+2.3%) | 29.05M -1.9M (-6.1%) | 2.34% +0.052 pp | 1.02% -0.023 pp | USD44.48 +10.1% | 7 qtrs — |
| 9 | DF DENT & CO INC | 439.0K +439.0K (+100.0%) | 21.51M +21.5M (+100.0%) | 1.73% +1.733 pp | 0.31% +0.310 pp | USD48.99 +0.0% | 1 qtrs NEW |
| 10 | CORTLAND ASSOCIATES INC/MO | 408.3K -4.2K (-1.0%) | 20.00M -2.0M (-9.1%) | 1.61% -0.016 pp | 2.53% -0.074 pp | USD57.50 -14.8% | 5 qtrs — |
| 11 | RAYMOND JAMES FINANCIAL INC | 388.3K -65.1K (-14.4%) | 19.02M -5.2M (-21.4%) | 1.53% -0.257 pp | 0.01% -0.002 pp | USD65.56 -25.3% | 5 qtrs — |
| 12 | ANNEX ADVISORY SERVICES, LLC | 294.1K +23.3K (+8.6%) | 14.41M -38.1K (-0.3%) | 1.16% +0.092 pp | 0.28% -0.032 pp | USD65.34 -25.0% | 5 qtrs — |
| 13 | UBS GROUP AG | 274.9K -151.3K (-35.5%) | 13.46M -9.3M (-40.8%) | 1.08% -0.597 pp | 0.00% -0.001 pp | USD58.91 -16.8% | 6 qtrs — |
| 14 | CAPTRUST FINANCIAL ADVISORS | 268.0K +610.0 (+0.2%) | 13.13M -1.1M (-8.0%) | 1.06% +0.002 pp | 0.03% -0.004 pp | USD69.66 -29.7% | 5 qtrs — |
| 15 | MAD RIVER INVESTORS | 262.9K +21.9K (+9.1%) | 12.88M +20.8K (+0.2%) | 1.04% +0.086 pp | 5.87% +0.363 pp | USD40.52 +20.9% | 6 qtrs — |
| 16 | ONE CHARLES PRIVATE WEALTH SERVICES, LLC | 236.7K -8.3K (-3.4%) | 11.60M -1.5M (-11.3%) | 0.93% -0.033 pp | 3.00% -0.436 pp | USD63.57 -22.9% | 5 qtrs — |
| 17 | SUMMIT STREET CAPITAL MANAGEMENT, LLC | 227.3K -58.6K (-20.5%) | 11.13M -4.1M (-27.0%) | 0.90% -0.231 pp | 1.75% -0.342 pp | USD65.59 -25.3% | 5 qtrs — |
| 18 | CITADEL ADVISORS LLC | 224.7K +122.4K (+119.7%) | 11.01M +5.6M (+101.7%) | 0.89% +0.483 pp | 0.00% +0.001 pp | USD55.95 -12.4% | 5 qtrs — |
| 19 | GOLDMAN SACHS GROUP INC | 214.8K +204.3K (+1,957.2%) | 10.52M +10.0M (+1,789.1%) | 0.85% +0.807 pp | 0.00% +0.001 pp | USD49.65 -1.3% | 6 qtrs — |
| 20 | MOORS & CABOT, INC. | 206.1K +9.7K (+5.0%) | 10.10M -379.2K (-3.6%) | 0.81% +0.038 pp | 0.43% -0.025 pp | USD51.81 -5.4% | 6 qtrs — |
| 21 | EAGLECLAW CAPITAL MANAGMENT, LLC | 200.9K -1.5K (-0.7%) | 9.84M -953.7K (-8.8%) | 0.79% -0.006 pp | 1.42% -0.086 pp | USD57.13 -14.2% | 6 qtrs — |
| 22 | AMUNDI | 188.3K +188.3K (+100.0%) | 9.22M +9.2M (+100.0%) | 0.74% +0.743 pp | 0.00% +0.003 pp | USD48.99 +0.0% | 4 qtrs — |
| 23 | MILLENNIUM MANAGEMENT LLC | 151.0K +80.0K (+112.8%) | 7.40M +3.6M (+95.4%) | 0.60% +0.316 pp | 0.00% +0.002 pp | USD57.73 -15.1% | 7 qtrs — |
| 24 | MARSHALL WACE, LLP | 142.5K +142.5K (+100.0%) | 6.98M +7.0M (+100.0%) | 0.56% +0.563 pp | 0.01% +0.006 pp | USD48.99 +0.0% | 3 qtrs — |
| 25 | WELLS FARGO & COMPANY/MN | 134.9K +34.4K (+34.3%) | 6.61M +1.2M (+23.3%) | 0.53% +0.136 pp | 0.00% +0.000 pp | USD57.68 -15.1% | 6 qtrs — |
| 26 | CINCTIVE CAPITAL MANAGEMENT LP | 126.9K +71.4K (+128.7%) | 6.22M +3.3M (+110.0%) | 0.50% +0.282 pp | 0.34% +0.195 pp | USD50.90 -3.8% | 2 qtrs — |
| 27 | HIGHTOWER ADVISORS, LLC | 110.6K +26.0K (+30.7%) | 5.42M +905.5K (+20.1%) | 0.44% +0.103 pp | 0.01% +0.001 pp | USD47.75 +2.6% | 7 qtrs — |
| 28 | TOCQUEVILLE ASSET MANAGEMENT L.P. | 103.5K -8.4K (-7.5%) | 5.07M -900.8K (-15.1%) | 0.41% -0.033 pp | 0.07% -0.013 pp | USD43.92 +11.5% | 6 qtrs — |
| 29 | JANE STREET GROUP, LLC | 102.0K +23.1K (+29.2%) | 5.00M +785.7K (+18.7%) | 0.40% +0.091 pp | 0.00% +0.000 pp | USD64.93 -24.5% | 7 qtrs — |
| 30 | ADAGE CAPITAL PARTNERS GP, L.L.C. | 100.0K +100.0K (+100.0%) | 4.90M +4.9M (+100.0%) | 0.39% +0.395 pp | 0.01% +0.007 pp | USD48.99 +0.0% | 1 qtrs NEW |
| 31 | SEVEN GRAND MANAGERS, LLC | 100.0K +— (+0.0%) | 4.90M -436.0K (-8.2%) | 0.39% +0.000 pp | 0.37% -0.060 pp | USD25.15 +94.8% | 7 qtrs — |
| 32 | ADVISORY SERVICES NETWORK, LLC | 88.7K +1.3K (+1.5%) | 4.34M -315.1K (-6.8%) | 0.35% +0.005 pp | 0.06% -0.007 pp | USD67.82 -27.8% | 4 qtrs — |
| 33 | CRAWFORD INVESTMENT COUNSEL INC | 88.3K +88.3K (+100.0%) | 4.33M +4.3M (+100.0%) | 0.35% +0.349 pp | 0.07% +0.072 pp | USD48.99 +0.0% | 1 qtrs NEW |
| 34 | SPROTT INC. | 85.2K +10.8K (+14.6%) | 4.17M +206.3K (+5.2%) | 0.34% +0.043 pp | 0.14% +0.002 pp | USD47.23 +3.7% | 6 qtrs — |
| 35 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 81.9K +6.8K (+9.1%) | 4.01M +5.7K (+0.1%) | 0.32% +0.027 pp | 0.00% +0.000 pp | USD64.90 -24.5% | 5 qtrs — |
| 36 | VIKING FUND MANAGEMENT LLC | 80.0K +40.0K (+100.0%) | 3.92M +1.8M (+83.7%) | 0.32% +0.158 pp | 0.45% +0.196 pp | USD51.17 -4.3% | 2 qtrs — |
| 37 | ONE8ZERO8, LLC | 72.9K +6.9K (+10.4%) | 3.57M +48.2K (+1.4%) | 0.29% +0.027 pp | 0.78% +0.018 pp | USD61.09 -19.8% | 5 qtrs — |
| 38 | AQR CAPITAL MANAGEMENT LLC | 71.1K +4.3K (+6.4%) | 3.48M -81.1K (-2.3%) | 0.28% +0.017 pp | 0.00% -0.001 pp | USD53.09 -7.7% | 2 qtrs — |
| 39 | PROMETHIUM ADVISORS,LLC | 68.0K +6.4K (+10.4%) | 3.33M +46.3K (+1.4%) | 0.27% +0.025 pp | 1.80% -0.087 pp | USD55.12 -11.1% | 6 qtrs — |
| 40 | SEI INVESTMENTS CO | 67.4K +67.4K (+100.0%) | 3.30M +3.3M (+100.0%) | 0.27% +0.266 pp | 0.00% +0.003 pp | USD48.99 +0.0% | 1 qtrs NEW |
| 41 | JEFFERIES FINANCIAL GROUP INC. | 58.5K +58.5K (+100.0%) | 2.86M +2.9M (+100.0%) | 0.23% +0.231 pp | 0.01% +0.015 pp | USD48.99 +0.0% | 1 qtrs NEW |
| 42 | KEY CLIENT FIDUCIARY ADVISORS, LLC | 52.1K +1.3K (+2.6%) | 2.55M -156.2K (-5.8%) | 0.21% +0.005 pp | 0.87% -0.027 pp | USD58.78 -16.7% | 4 qtrs — |
| 43 | YAUPON CAPITAL MANAGEMENT LP | 51.3K +6.8K (+15.4%) | 2.51M +141.1K (+6.0%) | 0.20% +0.027 pp | 0.09% +0.000 pp | USD52.77 -7.2% | 7 qtrs — |
| 44 | GHISALLO CAPITAL MANAGEMENT LLC | 50.2K -79.8K (-61.4%) | 2.46M -4.5M (-64.5%) | 0.20% -0.315 pp | 0.11% -0.117 pp | USD56.31 -13.0% | 7 qtrs — |
| 45 | BLACKROCK, INC. | 49.9K +3.0K (+6.4%) | 2.44M -56.8K (-2.3%) | 0.20% +0.012 pp | 0.00% +0.000 pp | USD60.64 -19.2% | 6 qtrs — |
| 46 | HITE HEDGE ASSET MANAGEMENT LLC | 47.1K +30.0K (+175.8%) | 2.31M +1.4M (+153.2%) | 0.19% +0.119 pp | 0.15% +0.098 pp | USD57.31 -14.5% | 4 qtrs — |
| 47 | TWO SIGMA INVESTMENTS, LP | 44.0K -146.4K (-76.9%) | 2.16M -8.0M (-78.8%) | 0.17% -0.578 pp | 0.00% -0.012 pp | USD68.04 -28.0% | 7 qtrs — |
| 48 | BALYASNY ASSET MANAGEMENT L.P. | 42.7K +22.1K (+107.1%) | 2.09M +992.7K (+90.2%) | 0.17% +0.087 pp | 0.00% +0.001 pp | USD51.10 -4.1% | 2 qtrs — |
| 49 | Y-INTERCEPT (HONG KONG) LTD | 40.2K +5.7K (+16.5%) | 1.97M +128.7K (+7.0%) | 0.16% +0.023 pp | 0.04% 0.000 pp | USD52.73 -7.1% | 2 qtrs — |
| 50 | ATLAS WEALTH PARTNERS, LLC | 37.4K +2.4K (+6.8%) | 1.83M -35.4K (-1.9%) | 0.15% +0.010 pp | 2.02% +0.107 pp | USD60.08 -18.5% | 5 qtrs — |
| 51 | SWISS NATIONAL BANK | 37.4K +900.0 (+2.5%) | 1.83M -115.0K (-5.9%) | 0.15% +0.004 pp | 0.00% +0.000 pp | USD64.40 -23.9% | 5 qtrs — |
| 52 | GEODE CAPITAL MANAGEMENT, LLC | 32.4K +2.3K (+7.5%) | 1.59M -21.3K (-1.3%) | 0.13% +0.009 pp | 0.00% +0.000 pp | USD65.49 -25.2% | 5 qtrs — |
| 53 | ROCKEFELLER CAPITAL MANAGEMENT L.P. | 29.7K -3.5K (-10.5%) | 1.46M -314.9K (-17.8%) | 0.12% -0.014 pp | 0.00% -0.001 pp | USD64.98 -24.6% | 5 qtrs — |
| 54 | IPSWICH INVESTMENT MANAGEMENT CO., INC. | 29.6K -6.4K (-17.9%) | 1.45M -473.2K (-24.6%) | 0.12% -0.026 pp | 0.34% -0.113 pp | USD61.17 -19.9% | 5 qtrs — |
| 55 | RESOURCES INVESTMENT ADVISORS, LLC. | 27.0K -3.3K (-11.0%) | 1.32M -296.2K (-18.3%) | 0.11% -0.013 pp | 0.01% -0.004 pp | USD60.34 -18.8% | 6 qtrs — |
| 56 | JANNEY MONTGOMERY SCOTT LLC | 25.5K -1.2K (-4.6%) | 1.25M -176.0K (-12.3%) | 0.10% -0.005 pp | 0.00% -0.001 pp | USD71.18 -31.2% | 4 qtrs — |
| 57 | COMMONWEALTH EQUITY SERVICES, LLC | 22.7K +1.6K (+7.4%) | 1.11M -15.2K (-1.4%) | 0.09% +0.006 pp | 0.00% +0.000 pp | USD64.78 -24.4% | 5 qtrs — |
| 58 | STATE STREET CORP | 22.0K -3.5K (-13.9%) | 1.08M -284.7K (-20.9%) | 0.09% -0.014 pp | 0.00% +0.000 pp | USD67.48 -27.4% | 5 qtrs — |
| 59 | UBS ASSET MANAGEMENT AMERICAS INC | 20.6K +3.0K (+16.8%) | 1.01M +67.9K (+7.2%) | 0.08% +0.012 pp | 0.00% +0.000 pp | USD65.39 -25.1% | 5 qtrs — |
| 60 | TWO SIGMA ADVISERS, LP | 19.8K -123.9K (-86.2%) | 970.0K -6.7M (-87.3%) | 0.08% -0.489 pp | 0.00% -0.014 pp | USD67.39 -27.3% | 5 qtrs — |
| 61 | ROYAL BANK OF CANADA | 19.7K -10.1K (-34.0%) | 966.0K -626.0K (-39.3%) | 0.08% -0.040 pp | 0.00% 0.000 pp | USD51.24 -4.4% | 6 qtrs — |
| 62 | ESSEX FINANCIAL SERVICES, INC. | 19.1K +778.0 (+4.3%) | 934.8K -41.7K (-4.3%) | 0.08% +0.003 pp | 0.05% -0.005 pp | USD62.94 -22.2% | 4 qtrs — |
| 63 | XTX TOPCO LTD | 18.3K +18.3K (+100.0%) | 896.4K +896.4K (+100.0%) | 0.07% +0.072 pp | 0.02% +0.024 pp | USD48.99 +0.0% | 1 qtrs NEW |
| 64 | SANTA MONICA PARTNERS LP | 18.0K -10.0K (-35.7%) | 882.0K -612.0K (-41.0%) | 0.07% -0.040 pp | 0.53% -0.342 pp | USD62.65 -21.8% | 4 qtrs — |
| 65 | MALAGA COVE CAPITAL, LLC | 17.4K +1.2K (+7.7%) | 851.8K -9.8K (-1.1%) | 0.07% +0.005 pp | 0.29% -0.018 pp | USD66.93 -26.8% | 5 qtrs — |
| 66 | SPEARS ABACUS ADVISORS LLC | 17.3K +65.0 (+0.4%) | 849.5K -72.1K (-7.8%) | 0.07% +0.000 pp | 0.02% -0.002 pp | USD63.23 -22.5% | 5 qtrs — |
| 67 | PRIVATE ADVISOR GROUP, LLC | 17.3K -1.0K (-5.7%) | 846.4K -130.9K (-13.4%) | 0.07% -0.004 pp | 0.00% -0.001 pp | USD67.69 -27.6% | 5 qtrs — |
| 68 | INDEPENDENT ADVISOR ALLIANCE | 17.1K +456.0 (+2.7%) | 838.3K -50.3K (-5.7%) | 0.07% +0.002 pp | 0.02% -0.003 pp | USD61.80 -20.7% | 5 qtrs — |
| 69 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 16.5K +— (+0.0%) | 807.5K -71.9K (-8.2%) | 0.07% +0.000 pp | 0.00% 0.000 pp | USD65.72 -25.5% | 5 qtrs — |
| 70 | LEGAL & GENERAL GROUP PLC | 16.1K +745.0 (+4.9%) | 788.9K -30.5K (-3.7%) | 0.06% +0.003 pp | 0.00% +0.000 pp | USD65.35 -25.0% | 5 qtrs — |
| 71 | PECAUT & CO. | 16.0K +1.0 (+0.0%) | 783.5K -69.7K (-8.2%) | 0.06% +0.000 pp | 0.25% -0.021 pp | USD41.15 +19.1% | 6 qtrs — |
| 72 | LPL FINANCIAL LLC | 15.3K -16.9K (-52.4%) | 750.6K -967.1K (-56.3%) | 0.06% -0.067 pp | 0.00% 0.000 pp | USD57.75 -15.2% | 6 qtrs — |
| 73 | CETERA INVESTMENT ADVISERS | 15.3K +480.0 (+3.2%) | 749.7K -41.1K (-5.2%) | 0.06% +0.002 pp | 0.00% 0.000 pp | USD56.21 -12.8% | 3 qtrs — |
| 74 | ADVISOR GROUP HOLDINGS, INC. | 15.1K +12.6K (+501.8%) | 740.6K +607.5K (+456.7%) | 0.06% +0.050 pp | 0.00% +0.001 pp | USD49.44 -0.9% | 6 qtrs — |
| 75 | PEAK6 LLC | 14.9K -45.1K (-75.2%) | 730.0K -2.5M (-77.2%) | 0.06% -0.178 pp | 0.00% -0.003 pp | USD53.35 -8.2% | 2 qtrs — |
| 76 | KINGSWOOD WEALTH ADVISORS, LLC | 14.4K -25.9K (-64.2%) | 707.7K -1.4M (-67.1%) | 0.06% -0.102 pp | 0.03% -0.096 pp | USD70.47 -30.5% | 4 qtrs — |
| 77 | APOLLON WEALTH MANAGEMENT, LLC | 12.9K +39.0 (+0.3%) | 634.2K -54.4K (-7.9%) | 0.05% +0.000 pp | 0.01% -0.001 pp | USD64.28 -23.8% | 3 qtrs — |
| 78 | BLAIR WILLIAM & CO/IL | 12.5K +1.9K (+17.7%) | 611.2K +45.6K (+8.1%) | 0.05% +0.007 pp | 0.00% +0.000 pp | USD52.69 -7.0% | 2 qtrs — |
| 79 | STEWARD PARTNERS INVESTMENT ADVISORY, LLC | 12.5K +2.2K (+21.9%) | 610.8K +65.3K (+12.0%) | 0.05% +0.009 pp | 0.00% +0.000 pp | USD57.50 -14.8% | 6 qtrs — |
| 80 | ENGINEERS GATE MANAGER LP | 11.8K -15.1K (-56.1%) | 579.7K -858.2K (-59.7%) | 0.05% -0.060 pp | 0.01% -0.010 pp | USD67.58 -27.5% | 3 qtrs — |
| 81 | SQUAREPOINT OPS LLC | 10.3K +10.3K (+100.0%) | 505.4K +505.4K (+100.0%) | 0.04% +0.041 pp | 0.00% +0.001 pp | USD48.99 +0.0% | 7 qtrs — |
| 82 | LIDO ADVISORS, LLC | 8.7K +801.0 (+10.1%) | 461.2K +39.2K (+9.3%) | 0.03% +0.003 pp | 0.00% +0.000 pp | USD63.91 -23.3% | 5 qtrs — |
| 83 | JANUS HENDERSON GROUP PLC | 9.0K +— (+0.0%) | 441.9K -39.8K (-8.3%) | 0.04% +0.000 pp | 0.00% +0.000 pp | USD65.40 -25.1% | 5 qtrs — |
| 84 | ZUCKERMAN INVESTMENT GROUP, LLC | 8.7K +— (+0.0%) | 426.2K -37.9K (-8.2%) | 0.03% +0.000 pp | 0.04% -0.005 pp | USD69.98 -30.0% | 4 qtrs — |
| 85 | TB ALTERNATIVE ASSETS LTD. | 8.1K +8.1K (+100.0%) | 398.8K +398.8K (+100.0%) | 0.03% +0.032 pp | 0.07% +0.065 pp | USD48.99 +0.0% | 1 qtrs NEW |
| 86 | PATHSTONE HOLDINGS, LLC | 7.9K -33.0 (-0.4%) | 386.3K -36.1K (-8.6%) | 0.03% 0.000 pp | 0.00% 0.000 pp | USD59.56 -17.7% | 5 qtrs — |
| 87 | NORTHERN TRUST CORP | 7.4K +184.0 (+2.6%) | 362.3K -22.4K (-5.8%) | 0.03% +0.001 pp | 0.00% +0.000 pp | USD65.96 -25.7% | 5 qtrs — |
| 88 | CHILTON CAPITAL MANAGEMENT LLC | 7.3K +— (+0.0%) | 359.2K -32.0K (-8.2%) | 0.03% +0.000 pp | 0.01% -0.001 pp | USD53.35 -8.2% | 2 qtrs — |
| 89 | OPPENHEIMER ASSET MANAGEMENT INC. | 7.2K +7.2K (+100.0%) | 351.6K +351.6K (+100.0%) | 0.03% +0.028 pp | 0.00% +0.004 pp | USD48.99 +0.0% | 1 qtrs NEW |
| 90 | EMPOWERED FUNDS, LLC | 6.9K -283.0 (-4.0%) | 337.1K -45.1K (-11.8%) | 0.03% -0.001 pp | 0.00% -0.001 pp | USD70.39 -30.4% | 4 qtrs — |
| 91 | CHILDRESS CAPITAL ADVISORS, LLC | 6.8K -1.5K (-17.6%) | 333.1K -107.0K (-24.3%) | 0.03% -0.006 pp | 0.05% -0.027 pp | USD71.56 -31.5% | 4 qtrs — |
| 92 | TUDOR INVESTMENT CORP ET AL | 6.4K +6.4K (+100.0%) | 312.5K +312.5K (+100.0%) | 0.03% +0.025 pp | 0.00% +0.001 pp | USD48.99 +0.0% | 1 qtrs NEW |
| 93 | STIFEL FINANCIAL CORP | 6.3K -6.5K (-50.8%) | 309.0K -375.4K (-54.8%) | 0.02% -0.026 pp | 0.00% 0.000 pp | USD61.38 -20.2% | 4 qtrs — |
| 94 | BANK OF AMERICA CORP /DE/ | 5.9K -136.5K (-95.8%) | 290.2K -7.3M (-96.2%) | 0.02% -0.568 pp | 0.00% -0.001 pp | USD69.17 -29.2% | 6 qtrs — |
Insider Activity
| Date | Person | Role | Transaction | A/D | Security | Shares | Price | Value | Owned after | D/I | Filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-03-06 | WATSON CHARLES L. | Director | S-Sale | D | Class A shares | 13,000 | 75.00 | 975.1K | 64,250 | I | ↗ |
| 2026-03-04 | WATSON CHARLES L. | Director | S-Sale | D | Class A shares | 9,670 | 75.19 | 727.1K | 77,250 | I | ↗ |
| 2026-03-02 | WATSON CHARLES L. | Director | S-Sale | D | Class A shares | 30,680 | 74.07 | 2.27M | 86,920 | I | ↗ |
| 2026-01-06 | McNeely Scott Lloyd | Officer | P-Purchase | A | Class A shares | 549 | 45.49 | 25.0K | 81,276 | D | ↗ |
| 2026-01-05 | Long Jason Thomas | Director / Officer | P-Purchase | A | Class A shares | 2,143 | 46.59 | 99.8K | 223,546 | D | ↗ |
| 2026-01-05 | Bolling Harrison Fenner | Officer | P-Purchase | A | Class A shares | 850 | 46.84 | 39.8K | 66,874 | D | ↗ |
| 2025-11-18 | LandBridge Holdings LLC | Director / 10% Owner | C-Conversion | A | Class A shares | 2,500,000 | 0.00 | — | 2,500,000 | D | ↗ |
| 2025-11-18 | Five Point Energy Fund II AIV-VII LP | Director / 10% Owner | S-Sale | D | Class A shares | 2,500,000 | 70.00 | 175.00M | 0 | I | ↗ |
| 2025-11-18 | Capobianco David N | Director / 10% Owner | S-Sale | D | Class A shares | 2,500,000 | 70.00 | 175.00M | 0 | I | ↗ |
| 2025-08-27 | WATSON CHARLES L. | Director | A-Award | A | Class A shares | 2,201 | 0.00 | — | 9,554 | D | ↗ |
| 2025-08-27 | Nicolas Andrea Liria | Director | A-Award | A | Class A shares | 2,201 | 0.00 | — | 9,554 | D | ↗ |
| 2025-08-27 | Daul Ty P. | Director | A-Award | A | Class A shares | 2,201 | 0.00 | — | 18,368 | D | ↗ |
| 2025-08-27 | Chase Valerie | Director | A-Award | A | Class A shares | 2,201 | 0.00 | — | 12,479 | D | ↗ |
| 2025-07-01 | Williams Jason Frederick | Officer | F-InKind | D | Class A shares | 9,757 | 66.38 | 647.7K | 64,633 | D | ↗ |
| 2025-07-01 | McNeely Scott Lloyd | Officer | F-InKind | D | Class A shares | 12,187 | 66.38 | 809.0K | 80,727 | D | ↗ |
| 2025-07-01 | Long Jason Thomas | Director / Officer | F-InKind | D | Class A shares | 33,424 | 66.38 | 2.22M | 221,403 | D | ↗ |
| 2025-07-01 | Bolling Harrison Fenner | Officer | F-InKind | D | Class A shares | 8,366 | 66.38 | 555.3K | 66,024 | D | ↗ |
| 2025-05-23 | LandBridge Holdings LLC | Director / 10% Owner | C-Conversion | A | Class A shares | 1,900,000 | 0.00 | — | 1,900,000 | D | ↗ |
| 2025-05-23 | Capobianco David N | Director / 10% Owner | J-Other | D | Class B shares | 1,900,000 | 0.00 | — | 51,241,496 | I | ↗ |
| 2024-12-19 | LandBridge Holdings LLC | Director / 10% Owner | D-Return | D | Class B shares | 2,498,751 | 60.03 | 150.00M | 53,227,852 | D | ↗ |
| 2024-12-19 | Capobianco David N | Director / 10% Owner | D-Return | D | Class B shares | 2,498,751 | 60.03 | 150.00M | 53,227,852 | I | ↗ |
| 2024-09-13 | Nicolas Andrea Liria | Director | A-Award | A | Class A shares | 7,353 | 0.00 | — | 7,353 | — | ↗ |
| 2024-09-12 | Nicolas Andrea Liria | — | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
Executive team
Executive compensation
| # | Year | Executive | Salary | Bonus | Stock award | Option award | Incentive | Other | Total | % Stock- based |
Filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 2025 | Gina Boswell Former Chief Executive Officer | 486.3K | — | 8.14M | — | 676.5K | 3.26M | 12.57M | 64.78% | ↗ |
| 2 | 2025 | Daniel Heaf Chief Executive Officer | 913.8K | — | 5.04M | — | 359.0K | 271.3K | 6.59M | 76.56% | ↗ |
| 3 | 2025 | Eva Boratto Chief Financial Officer | 850.0K | — | 2.88M | — | 328.8K | 159.0K | 4.22M | 68.28% | ↗ |
| 4 | 2025 | Thomas Mazurek Chief Supply Chain Officer | 720.2K | — | 1.76M | — | 233.7K | 21.1K | 2.74M | 64.40% | ↗ |
| 5 | 2025 | Michael Wu Former Chief Legal Officer | 725.0K | — | 1.63M | — | 233.7K | 30.9K | 2.62M | 62.21% | ↗ |
| 6 | 2024 | Gina Boswell Former Chief Executive Officer | 1.50M | — | 8.13M | — | 2.84M | 104.4K | 12.57M | 64.65% | ↗ |
| 7 | 2024 | Scott L. McNeely Executive Vice President, Chief Financial Officer | — | 850.0K | 2.90M | 7.83M | — | — | 11.58M | 92.66% | ↗ |
| 8 | 2024 | Jason Williams Executive Vice President, Chief Administrative Officer | — | 800.0K | 2.32M | 7.83M | — | — | 10.95M | 92.70% | ↗ |
| 9 | 2024 | Harrison Bolling Executive Vice President, General Counsel | — | 800.0K | 2.32M | 7.83M | — | — | 10.95M | 92.70% | ↗ |
| 10 | 2024 | Eva Boratto Chief Financial Officer | 850.0K | 500.0K | 2.78M | — | 1.02M | 151.0K | 5.30M | 52.52% | ↗ |
| 11 | 2024 | Michael Wu Former Chief Legal Officer | 725.0K | — | 1.56M | — | 722.4K | 33.1K | 3.04M | 51.25% | ↗ |
| 12 | 2024 | Thomas Mazurek Chief Supply Chain Officer | 700.0K | — | 1.50M | — | 697.5K | 25.9K | 2.93M | 51.36% | ↗ |
| 13 | 2023 | Gina Boswell Former Chief Executive Officer | 1.50M | — | 7.33M | — | 2.55M | 312.7K | 11.69M | 62.71% | ↗ |
| 14 | 2023 | Eva Boratto Chief Financial Officer | 408.7K | 500.0K | 1.91M | — | 911.9K | 81.2K | 3.82M | 50.16% | ↗ |
| 15 | 2023 | Michael Wu Former Chief Legal Officer | 725.0K | 326.3K | 1.42M | — | 648.2K | 34.6K | 3.15M | 44.99% | ↗ |
| 16 | 2023 | Harrison Bolling Executive Vice President, General Counsel | — | — | — | 519.6K | — | — | 519.6K | 100.00% | ↗ |
Proxy statements
Recent SEC filings
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Jason Long | President & Chief Executive Officer | 1M | male |
| Scott McNeely | Executive Vice President & Chief Financial Officer | 850.0K | male |
| Harrison F. Bolling | Executive Vice President & General Counsel | 800.0K | male |
| Jason Williams | Executive Vice President & Chief Administrative Officer | 800.0K | male |
| Mae Herrington | Director of Investor Relations | — | male |
| Transaction Date | Disclosed | Senator | State | Owner | Type | Amount | Link |
|---|---|---|---|---|---|---|---|
| 2017-05-16 | 2017-06-08 | Sheldon Whitehouse | RI | Child | Sale (Full) | $1,001 - $15,000 | ↗ |
| 2017-04-05 | 2017-05-10 | Sheldon Whitehouse | RI | Joint | Sale (Full) | $15,001 - $50,000 | ↗ |
| 2017-04-05 | 2017-05-10 | Sheldon Whitehouse | RI | Self | Sale (Full) | $1,001 - $15,000 | ↗ |
| Transaction Date | Disclosed | Representative | District | Owner | Type | Amount | Link |
|---|---|---|---|---|---|---|---|
| 2025-11-21 | 2025-12-15 | Gilbert Cisneros | CA31 | — | Purchase | $15,001 - $50,000 | ↗ |
| 2025-11-20 | 2025-12-15 | Gilbert Cisneros | CA31 | — | Purchase | $50,001 - $100,000 | ↗ |
| 2025-08-06 | 2025-09-12 | Gilbert Cisneros | CA31 | — | Purchase | $50,001 - $100,000 | ↗ |
| 2021-01-04 | 2021-02-17 | Chris Jacobs | NY27 | Self | Sale (Full) | $1,001 - $15,000 | ↗ |
| 2020-03-18 | 2020-04-16 | Gilbert Cisneros | CA31 | -- | Sale (Full) | $1,001 - $15,000 | ↗ |
| 2020-02-07 | 2020-03-10 | Gilbert Cisneros | CA31 | — | Purchase | $1,001 - $15,000 | ↗ |
| 2019-06-20 | 2021-05-17 | Alan S. Lowenthal | CA47 | Self | Sale (Full) | $15,001 - $50,000 | ↗ |
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