LandBridge reports Q2 adjusted EBITDA $23.41M vs $18.93M last year

Reportst Q2 revenue $26M, consensus $25.84M. Jason Long, Chief Executive Officer, stated, “Our land is strategically located in the heart of the Permian Basin, ideally situated to support energy production, digital infrastructure, and broader industrial development. Through our active land management strategy, we believe we can grow the long-term value of our more than 220,000 surface acres and its resources, while generating multiple fee- and royalty-based revenue streams. We look forward to an exciting second half of the year.”