LandBridge Company (LB) late Wednesday reported Q1 net income of $15.5 million, up from $10.8 million a year ago.
Revenue grew to $44.0 million from $19.0 million a year earlier.
Analysts polled by FactSet expected $43.7 million.
The company kept its quarterly dividend at $0.10 per share, payable June 19 to holders of record June 5.
LandBridge also reaffirmed its full-year 2025 adjusted EBITDA guidance of $170 million to $190 million.
Shares were down about 1.2% in after-hours trading.
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