LandBridge: From Permian Landowner to Data Center Beneficiary — Record Revenue in the Second Quarter
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LandBridge monetizes more than 131,500 hectares in the Permian Basin through usage rights, water, raw materials, and infrastructure. In addition to oil and gas, data centers are emerging as a new growth driver. Seven projects or negotiations represent more than 10 GW of power generation potential. In the second quarter, revenue and adjusted EBITDA each rose by 41%, with a high EBITDA margin of 89%. LandBridge Company LLC (LB) owns and manages contiguous tracts of land in the Permian Basin in Texas and New Mexico. The company derives...
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