Gate News message, April 17 — EagleRock Land, an oil and gas land management company, submitted an IPO application to the U.S. Securities and Exchange Commission (SEC) on Thursday, April 16, targeting a maximum fundraise of approximately $200 million.
Based in Houston, Texas, and founded in 2023, EagleRock Land owns or controls approximately 236,000 acres of surface land in the core region of the Permian Basin in Texas and New Mexico, plus up to 70,000 acres of interests related to water infrastructure assets. The company does not extract oil and gas itself; instead, it generates revenue by granting operators long-term rights to use its land for drilling, water management, and infrastructure placement, with operators bearing operational and capital costs. In the 12 months ending December 31, 2025, the company recorded revenue of $72 million.
EagleRock Land plans to list on NYSE American under the ticker EROK. The company initially filed a confidential application on January 23, 2026. Goldman Sachs, Barclays, JPMorgan Chase, Piper Sandler, Raymond James, KeyBanc Capital Markets, Pickering Energy Partners, Stephens Inc., and Texas Capital Securities are serving as joint bookrunners for the offering.
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