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Stock impact report

LandBridge Closes Acquisition of ~5,800 Surface Acres in Lea County, New Mexico and Increases 2025 Guidance

LandBridge Company LLC Class A Shares Representing Limited Liability Company Interests (LB) 
NASDAQ:AMEX Investor Relations: investors.lb.com
Company Research Source: Business Wire
Increases holdings to ~272,000 surface acres, including recently-announced agreement to acquire the Wolf Bone RanchPublishes webcast to investor relations site providing overview of recent acquisitions HOUSTON--(BUSINESS WIRE)--LandBridge Company LLC (NYSE: LB) (“LandBridge”) today announced it has closed its previously-announced acquisition of approximately 5,800 largely contiguous surface acres in Lea County, New Mexico, expanding LandBridge’s holdings into a new area of the Delaware Basin.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241122337181/en/(Graphic: LandBridge)The land supports existing water infrastructure, including produced water handling facilities and supply water infrastructure. LandBridge believes the acreage is well-positioned to drive further revenue growth through additional water infrastructure, including a potential distribution hub for water supply into New Mexico by WaterBridge, an affiliate o Show less Read more
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