LB - LandBridge Company LLC

LandBridge Company LLC owns and manages land and resources to support and enhance oil and natural gas development in the United States. It owns surface acres in and around the Delaware Basin in Texas and New Mexico. The company holds a portfolio of oil and gas royalties.

As of May 12, 2026: spot at $68.16, ATM IV 54.6%, max pain $65.00, net GEX $235.5K.

Sector
Energy
Industry
Oil & Gas Equipment & Services
Market Cap
$5.19B
P/E Ratio
45.39
Beta
0.15
52-Week Range
43.75-87.597
Dividend Yield
$0.42
CEO
Jason Long
Employees
4
IPO Date
Jun 28, 2024
Exchange
NYSE

What LB Looks Like to Options Traders Today

IV rank of 4.4% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($235.5K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.173) prices calls richer than puts, often reflecting upside speculation or squeeze risk.

What This Page Covers

The LB overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure. Corporate data is on fundamentals, earnings, analyst ratings, and insider trading.

Frequently asked LB overview questions

What is LB?
LB is the ticker symbol for LandBridge Company LLC, a listed security. LandBridge Company LLC owns and manages land and resources to support and enhance oil and natural gas development in the United States. It owns surface acres in and around the Delaware Basin in Texas and New Mexico. Listed on NYSE. LB is the equity ticker shown on this page; equity options traders use the security for directional, volatility, and income strategies via the listed options chain.
What does the LB options snapshot look like today?
As of May 12, 2026, the LB options snapshot shows spot at $68.16, ATM IV 54.6%, IV rank 4.4%, max pain $65.00, net GEX $235.5K, expected move 15.65%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
What are LB's key statistics?
LandBridge Company LLC (LB) carries a market capitalization of $5.19B, trailing P/E ratio of 45.39, beta of 0.15 relative to the broader market, 52-week range of 43.75-87.597. Full income statement, balance sheet, cash flow, and TTM ratio history is on the per-ticker fundamentals page; daily price history and 52-week levels are accessible from the same view. These structural inputs frame how the options market prices implied volatility around earnings windows and capital events.
What sector or industry does LB belong to?
LandBridge Company LLC operates in the Energy sector, in the Oil & Gas Equipment & Services industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare LB's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the LB data on this page?
The options snapshot above is dated May 12, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Company-profile fields (sector, industry, market cap, P/E, IPO date) refresh from the vendor feed nightly. Financials and earnings refresh as 10-K and 10-Q filings are parsed (typically within several business days of the actual report). FINRA microstructure data refreshes on the source's cadence (daily for short volume, bi-monthly for short interest, weekly for the OTC volume file, twice-monthly for SEC FTD).