Earnings ·
EagleRock raises full-year Adjusted EBITDA guidance to $133M-$137M and reports Q3 revenue of $43.3 million
EROKEagleRock Land, LLC
EagleRock Land reported third-quarter 2026 revenue of $43.3 million and net income of $11.3 million, with Adjusted EBITDA reaching $34.0 million on a 78.5% margin. The company raised its full-year 2026 Adjusted EBITDA guidance to a range of $133 million to $137 million, up from the previous midpoint of $131 million, citing contributions from the Intrepid Ranch acquisition and organic growth. Concurrently, EagleRock announced an additional acreage dedication of approximately 35,000 acres in the Midland Basin from Double Eagle V, bringing total dedicated acreage to roughly 105,000 acres. The company also closed two bolt-on acquisitions totaling about 2,000 acres for $15.4 million to expand its water infrastructure footprint. EagleRock Land operates as a land management company controlling surface acreage and water assets in the Permian Basin.