LandBridge (Ticker: LB) is a landowner in the oil-rich Permian Basin, Texas, that leases land to oil and natural gas producers and sells resources extracted from its land. LandBridge will list on June 27 on the New York Stock Exchange. The firm is selling 14.5 million shares at the price of $19.00-$22.00. The expected market capitalization at offer is $1.6 billion. The total offer size is $319 million. The offering is managed by Goldman Sachs, Barclays, and Wells Fargo. Horizon Kinetics has indicated interest in purchasing up to $80 million of shares in the offering.