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LandBridge Company LLC, an oil royalty trading firm with a market capitalization of $5.4 billion, disclosed the results of its 2025 Annual Meeting of Shareholders held on June 10, 2025. The company, which has delivered an impressive 217% return over the past year according to InvestingPro data, addressed the election of directors and the ratification of the company’s independent auditor.
The company, which is incorporated in Delaware and headquartered in Houston, Texas, reported that all 11 director nominees were elected to serve until the 2026 Annual Meeting or until their successors are duly elected and qualified. InvestingPro analysis indicates the company maintains strong financial health with a current ratio of 3.7 and moderate debt levels, suggesting effective management oversight. For deeper insights into LandBridge’s financial position, investors can access the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers. The directors elected include David N. Capobianco, Jason Long, Matthew K. Morrow, Michael S. Sulton, Frank Bayouth, Kara Goodloe Harling, Ben Moore, Charles Watson, Ty Daul, Valerie P. Chase, and Andrea Nicolás.
Shareholders also ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025. The voting results confirmed overwhelming support, with 72,400,295 votes for, 21,597 against, and 9,619 abstentions.
The meeting had a quorum with 94.8% of the total voting power represented either virtually or by proxy. As of April 11, 2025, the record date for the meeting, LandBridge had 23,255,419 Class A shares and 53,141,496 Class B shares outstanding, collectively known as common shares, each entitled to one vote. The company’s stock currently trades near its 52-week high of $87.60, with revenue growth of 77.5% in the last twelve months, reflecting strong operational performance.
This information is based on an 8-K filing with the U.S. Securities and Exchange Commission.
In other recent news, LandBridge Co LLC reported strong financial results for Q1 2025, with revenues reaching $44 million, marking a 20% sequential increase and a 131% rise compared to the previous year. The company’s adjusted EBITDA stood at $38.8 million, reflecting an 88% margin, while free cash flow was recorded at $15.8 million. LandBridge declared a dividend of $0.10 per Class A share, highlighting its commitment to returning value to shareholders. The acquisition of Wolfbone Ranch significantly contributed to revenue growth, particularly in non-oil and gas streams, enhancing water handling capacity. Analysts did not provide a direct comparison of earnings per share (EPS) against forecasts, but the company’s performance indicates robust growth. Additionally, the Speedway pipeline project is expected to generate over $30 million in annual cash flow upon completion, with its first phase anticipated to come online by Q4 2025. The company remains optimistic about its growth prospects, focusing on water handling and infrastructure development, despite potential challenges in the broader market.
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