LB
Price:
$59.35
Market Cap:
$4.72B
LandBridge Company LLC owns and manages land and resources to support and enhance oil and natural gas development in the United States. It owns surface acres in and around the Delaware Basin in Texas and New Mexico. The company holds a portfolio of oil and gas royalties. It also sells brackish water and other surface composite materials. The company was founded in 2021 and is based in Houston, Texas. LandBridge Company LLC operates as a subsidiary of LandBridge Holdings LLC.
Industry
Oil & Gas Equipment & Services
IPO Date
2024-06-28
Stock Exchange
NYSE
Ticker
LB
According to LandBridge Company LLC’s latest financial reports and current stock price. The company's current Current Ratio is 4.26. This represents a change of 37.96% compared to the average of 3.09 of the last 4 quarters.
The mean historical Current Ratio of LandBridge Company LLC over the last ten years is 2.59. The current 4.26 Current Ratio has changed 16.36% with respect to the historical average. Over the past ten years (40 quarters), LB's Current Ratio was at its highest in in the June 2025 quarter at 4.26. The Current Ratio was at its lowest in in the March 2023 quarter at 0.
Average
2.59
Median
2.17
Minimum
1.93
Maximum
3.67
Discovering the peaks and valleys of LandBridge Company LLC Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 90.00%
Maximum Annual Current Ratio = 3.67
Minimum Annual Increase = -11.12%
Minimum Annual Current Ratio = 1.93
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 3.67 | 90.00% |
| 2023 | 1.93 | -11.12% |
The current Current Ratio of LandBridge Company LLC (LB) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.59
5-year avg
2.59
10-year avg
2.59
LandBridge Company LLC’s Current Ratio is greater than Archrock, Inc. (1.56), greater than Noble Corporation Plc (1.75), greater than Transportadora de Gas del Sur S.A. (3.35), greater than Valaris Limited (1.87), greater than Matador Resources Company (0.73), greater than Solaris Energy Infrastructure, Inc. (3.11), less than Weatherford International plc (4.53), greater than NOV Inc. (2.55), greater than CNX Resources Corporation (0.34), greater than Ultrapar Participações S.A. (1.83),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.56 | $4.41B | |
| 1.75 | $5.17B | |
| 3.35 | $4.77B | |
| 1.87 | $4.23B | |
| 0.73 | $5.55B | |
| 3.11 | $3.96B | |
| 4.53 | $5.53B | |
| 2.55 | $5.95B | |
| 0.34 | $5.85B | |
| 1.83 | $4.76B |
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