Profitability - Gonna hold this one out
LandBridge, a company focused on acquiring and managing land for oil and gas production in the Permian Basin, has shown signs of profitability. In its recent filings for an initial public offering (IPO), LandBridge reported $102 million in revenue for the 12 months ending March 31, 2024 . This revenue is generated through various streams including the sale of resources from its land, the use of its surface acreage, and oil and gas royalties.
The company’s strategic land holdings and its connections with major players in the industry, such as Five Point Energy and WaterBridge, support its financial health. The successful filing for a $100 million IPO further indicates confidence in its profitability and growth potential
The company’s strategic land holdings and its connections with major players in the industry, such as Five Point Energy and WaterBridge, support its financial health. The successful filing for a $100 million IPO further indicates confidence in its profitability and growth potential
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Quiting the stock market. This platform is an unfair platform that put investor in a great disadvantage.
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JC88 OP : LandBridge, a company focused on acquiring and managing oil-rich lands in the Permian Basin, reported $102 million in revenue for the 12 months ending March 31, 2024