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LandBridge to Acquire ~37,500 Acres in Texas, Expanding Permian Basin Holdings, Water Infrastructure Access
Yahoo Finance· 2025-10-17 13:27
LandBridge (NYSE:LB) is one of the best young stocks with huge upside potential. On October 7, LandBridge announced that it has agreed to acquire ~37,500 total acres from 1918 Ranch & Royalty. The acquisition is expected to close in Q4 2025. The transaction involves acreage across Loving, Reeves, Winkler, and Ward counties in Texas and is expected to increase LandBridge’s total holdings to ~300,000 surface acres. The acquired acreage is composed of ~22,000 fee surface acres, ~3,500 surface acres held unde ...