LandBridge Company LLC (LB) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.175 to turn the call over to may harrington director of investor relations ma'am the floor 00:00:05.175 -- 00:00:07.336 is yours 00:00:08.779 -- 00:00:13.803 good morning and thank you for joining lambridge's third quarter 2025 earnings call 00:00:13.803 -- 00:00:18.527 i'm joined today by our chief executive officer jason long and our chief financial officer 00:00:18.527 -- 00:00:23.451 scott mcneely before we begin i'd like to remind you that in this call in the related 00:00:23.451 -- 00:00:28.135 presentation we will make forward-looking statements regarding our current beliefs plans 00:00:28.135 -- 00:00:32.809 and expectations which are not guarantees of future performance and which are subject 00:00:32.809 -- 00:00:37.334 to a number of known and unknown risks and uncertainties that could cause actual results 00:00:37.334 -- 00:00:42.699 to differ materially from results and events contemplated by such forward-looking statements. 00:00:42.699 -- 00:00:46.764 You are cautioned not to place undue reliance on forward-looking statements. 00:00:46.764 -- 00:00:50.808 Please refer to the risk factors and other cautionary statements included in our filings 00:00:50.808 -- 00:00:55.614 with the SEC. I would also like to point out that our investor presentation and today's 00:00:55.614 -- 00:01:00.517 conference call will contain discussions of non-GAAP financial measures which we believe 00:01:00.517 -- 00:01:03.361 are useful in evaluating our performance. 00:01:03.361 -- 00:01:07.245 These supplemental measures should not be considered in isolation or as a substitute 00:01:07.245 -- 00:01:10.550 for financial measures prepared in accordance with GAAP. 00:01:10.550 -- 00:01:14.715 Reconciliations to the most directly comparable GAAP me...