Recent Updates — EROK
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.
EagleRock Land, LLC filed an amended Current Report on Form 8-K/A to include historical and pro forma financial statements required by Item 9.01 following the consummation of its initial public offering. The company completed its IPO on May 15, 2026, issuing 17,300,000 Class A shares at $18.50 per share, with net proceeds of approximately $330.4 million after underwriting discounts and expenses. Concurrently, EagleRock Land Operating, LLC acquired DE IV Flow, LLC and Shallow Valley Ranch in exchange for membership interests. The filing incorporates carve-out financials for these entities and pro forma consolidated statements reflecting the reorganization and capital raise. EagleRock Land, LLC operates in the oilfield services industry, specifically providing midstream water management and surface acreage leasing in the Permian Basin.
EagleRock Land, LLC issued a press release on June 23, 2026, regarding its financial results for the first quarter ended March 31, 2026. The company is an energy company focused on land assets.