New York, Feb 27, 2026, 09:15 EST — Premarket
- LB shares eased in premarket after a sharp post-earnings jump in the prior session
- LandBridge lifted its quarterly dividend and authorized a $50 million share buyback
- Investors are looking ahead to the company’s March 19 investor day for the next set of updates
LandBridge Company LLC shares slipped 0.35% to $74.18 in premarket trading on Friday after jumping 13.7% to close at $74.44 a day earlier. 1
The small move before the open still matters. LandBridge has been one of the more volatile, high-margin plays tied to the Permian Basin’s Delaware sub-basin, and this week’s rally put its capital-return plans back at the center of the trade.
Late Wednesday, the company reported fourth-quarter revenue of $56.8 million and net income of $18.2 million, and it forecast 2026 adjusted EBITDA of $205 million to $225 million. Adjusted EBITDA is a widely used measure of operating profit that strips out interest, taxes and some non-cash and one-time items. 2
LandBridge also raised its quarterly cash dividend to 12 cents a share and authorized up to $50 million of share repurchases through the end of 2027, it said. 2
Barclays raised its price target on LandBridge to $75 on Friday, StreetInsider reported, adding to the post-results momentum that drove Thursday’s surge. 3
On Thursday’s earnings call, Chief Executive Jason Long told investors 2025 marked “our seventh consecutive quarter of revenue growth” as a public company, while pointing to year-on-year gains in revenue and adjusted EBITDA. 4
LandBridge said it signed development agreements with Samsung C&T Renewables for an option to lease about 4,000 acres for up to 350 megawatts of battery energy storage projects, and set an investor day for March 19 in New York. 5
The stock’s range has widened. LandBridge has traded between $67.50 and $76.08 over the latest session range shown by Investing.com, a reminder that the name can gap on headlines and analyst notes. 1
A key risk is that LandBridge’s growth assumptions lean on steady operator activity in West Texas and on the pace of new commercial agreements. A pullback in drilling and completions, or slower uptake for new projects, would test the optimism embedded in this week’s jump. The buyback authorization also gives management flexibility, not a firm timetable.
