LandBridge (LB) reported Q4 net income late Wednesday of $8.2 million, up from $2.5 million a year earlier.
Analysts polled by FactSet expected $20.6 million.
Revenue for the quarter ended Dec. 31 was $36.5 million, up from $17.5 million a year earlier.
Analysts surveyed by FactSet expected $37.8 million.
Shares of LandBridge were down over 2% in after-hours trading.