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LandBridge Announces Agreement to Acquire ~37,500 Total Acres in the Delaware Basin

1. LandBridge (LB) plans to acquire 37,500 acres in Texas. 2. The acquisition will close in Q4 2025, pending conditions.

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FAQ

Why Bullish?

The acquisition indicates growth potential and expansion for LB, reminiscent of past successful land acquisitions that positively impacted similar companies. Such strategic moves can enhance asset value and attract investor interest.

How important is it?

The acquisition is significant for LB's strategic growth. A larger land portfolio generally indicates a positive trajectory for revenue and investor sentiment.

Why Long Term?

The benefits from this acquisition are expected to materialize over the long term, aligning with growth strategies seen in analogous scenarios within the industry.

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XOMCOPVLO
HOUSTON--(BUSINESS WIRE)--LandBridge Company LLC (NYSE: LB) (“LandBridge”) today announced that it has entered into an agreement to acquire approximately 37,500 total acres, across Loving, Reeves, Winkler and Ward counties, Texas, from 1918 Ranch & Royalty, LLC (the “Acquisition”), with closing anticipated to occur in the fourth quarter of 2025, subject to customary closing conditions. The acreage to be acquired consists of approximately 22,000 fee surface acres, approximately 3,500 surface.

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