Company FormationLB is a relatively new company, it is formed from the cumulative of four major transactions since 2021; the two largest of which closed in 2024.
Company StructureLB is a relatively new company, it is formed from the cumulative of four major transactions since 2021; the two largest of which closed in 2024.
Market ReachE&Ps continue to highlight latter-decade growth targets; thus, analysts expect E&Ps to exercise capital discipline in the meantime, which could limit LB's reach and customer base.