EagleRock Land, LLC

EagleRock Land, LLC (EROK) priced its initial public offering on May 14, 2026 at $18.50 per share, within its $17.00–$20.00 range, raising $320.1M, and listed on NYSE. At the IPO price its market capitalization was about $2.41B. Goldman Sachs was lead-left underwriter, joined by Barclays, J.P. Morgan and Piper Sandler and others. Vinson & Elkins advised the company and Latham & Watkins advised the underwriters.

EagleRock Land, LLC is a land management company that owns or controls about 236,000 acres in the Delaware and Midland sub-basins of the Permian Basin, plus an interest tied to an acreage dedication for its Midland Basin water infrastructure.

Status

IPO

Ticker

EROK

Exchange

NYSE

Priced

May 14, 2026

IPO price

$18.50

Price range

$17.00–$20.00

Raised

$320.1M

Market cap at IPO price

$2.41B

First filed

Apr 16, 2026

Underwriters

Goldman Sachs, Barclays, J.P. Morgan, Piper Sandler, Raymond James, Stephens and Texas Capital

Company counsel

Vinson & Elkins

Underwriters' counsel

Latham & Watkins

Sector

Real estate & finance

Country / state

TX

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.