Mergers & Acquisitions ·
EagleRock Land, LLC reported second quarter 2026 results and announced the acquisition of Intrepid Ranch
EROKEagleRock Land, LLC
EagleRock Land, LLC reported second quarter 2026 results and announced the acquisition of Intrepid Ranch. The company generated $41.5 million in revenue and a net loss of $(37.5) million, with normalized Adjusted EBITDA of $36.2 million. On August 10, 2026, EagleRock acquired approximately 50,000 acres from Hydrosource Logistics LLC for $78.2 million to expand its contiguous Delaware Basin position. The company raised approximately $368 million in gross proceeds during its IPO on May 15, 2026, and updated its full-year 2026 normalized EBITDA guidance to a range of $129 million to $133 million. EagleRock Land, LLC operates as a land management company controlling surface acreage in the Permian Basin.