LandBridge Q2 Earnings Call Highlights
LandBridge (NYSE:LB) reported Q2 results on an earnings call. CFO Scott McNeely said surface-use royalties and revenue rose 41% sequentially, oil and gas royalties rose 20%, and resource sales and royalties rose 1%. Capex was $1.1M. Liquidity was $269.8M, net leverage 2.5x. The revolver increased to $375M, dividend was $0.12/share, and a $50M buyback was authorized.





