LandBridge Co

LB

Market cap $1.69B

Miami International Holdings (MIAX) and WaterBridge Infrastructure (WBI) are high-conviction, overlooked growth stocks with potential to double in five years. MIAX benefits from advanced technology, unique exchange licenses, and strategic partnerships, with margin expansion and new product launches as key upside drivers. WBI leverages essential Permian Basin water infrastructure, fixed-fee contracts, and expanding capacity, with margin and volume growth underpinning a compelling valuation case.

The market appears expensive, with historical precedent for long periods of low returns after peaks. Consensus expects 15% S&P 500 earnings growth and rising margins, driven by AI innovation, supporting a steady long-term outlook. Analyst forecasts for 2026 should be viewed skeptically, as actual outcomes often diverge from consensus projections.

Energy badly lagged this year, and I underestimated how severe the supply glut would be. I was early - but the long-term thesis remains firmly intact. Today's oil prices aren't sustainable. Low prices are forcing discipline, squeezing supply, and creating a rare setup where sentiment and fundamentals are deeply misaligned. With positioning extremely bearish and costs rising, I see energy setting up for a powerful reversal - offering both income and upside for patient investors.

New York City-based Horizon Kinetics Asset Management increased its LandBridge holding by 133,188 shares in the third quarter. Despite the increased stake, the net position value decreased by $71.14 million as shares collapsed during the period.

The S&P 500 has delivered an 80% return over the past three years, significantly outperforming energy stocks. Despite a 7% year-to-date gain, energy remains an underperformer compared to the broader market's 18% rise. Energy sector volatility, driven by weak demand and OPEC supply actions, has challenged investors throughout the year.

HOUSTON--(BUSINESS WIRE)--LandBridge Company LLC (NYSE: LB; NYSE Texas: LB) (“LandBridge” or the “Company”) today announced that it has entered into development agreements (Option to Lease Agreements) with subsidiaries of Samsung C&T Renewables, LLC (“SCTR”) providing the option to lease acreage for two potential Battery Energy Storage System ("BESS") projects in Pecos and Loving counties, Texas with an aggregate capacity of 350 MW. The agreements grant SCTR exclusive rights at each site lo.

Laurentian Bank of Canada (LB:CA) Q4 2025 Earnings Call Transcript

Added 66,806 shares, raising the position by $1,028,693 Post-trade stake: 244,982 shares valued at $13,069,801 LandBridge is now 3.43% of fund AUM, placing it outside the fund's top five holdings

Texas Pacific Land Corporation, LandBridge Company LLC, and WaterBridge Infrastructure LLC are poised to benefit from the next phase of U.S. shale, dubbed "shale 4.0." Innovative extraction technologies and increased water needs are driving demand for land, water disposal, and infrastructure, boosting pricing power for TPL and LB. Despite current market apathy due to low oil prices, the long-term outlook for asset-light land and water businesses in the Permian Basin remains highly bullish.

HOUSTON--(BUSINESS WIRE)--LandBridge Company LLC (NYSE: LB; NYSE Texas: LB) (“LandBridge”) announced today that DBR Land Holdings LLC, a subsidiary of LandBridge, has priced its offering of $500 million aggregate principal amount of 6.250% senior notes due 2030 at par (the “Notes”). The offering is expected to close on November 25, 2025, subject to customary closing conditions. LandBridge intends to use the net proceeds from the offering of the Notes, together with borrowings under its new cred.