Lamar Advertising Company

Militia Capital Expands Energy Pipeline Stakes

Militia Capital Management LLC disclosed new positions in Energy Transfer (ET), Williams Companies (WMB), TransMedics Group (TMDX), and Lamar Advertising (LAMR) in Q1 2026, detailing 600,000 ET shares (~$11.58 million), 38,389 WMB shares (~$2.79 million), 16,600 TMDX shares (~$1.65 million), and 22,100 LAMR shares (~$2.80 million). The moves underscore the firm's ongoing diversification across energy infrastructure, healthcare equipment, and advertising real estate while aligning with activity from other institutional investors in these stocks.