EagleRock Land, LLC (EROK)
EagleRock Land, LLC functions as a specialized land management firm. The company oversees a significant portfolio of surface acres within the Permian Basin, comprising roughly 236,000 acres either directly owned or controlled. Additionally, it holds a vested interest in approximately 70,000 acres dedicated to water infrastructure assets in the Midland Basin, as stipulated by an acreage dedication. Founded in 2023, the firm's operations are headquartered in Houston, Texas.
Sector: Oil Royalty Traders
Industry: Oil & Gas Equipment & Services
EagleRock Land LLC
NYSE:EROKEnergy · Oil & Gas Equipment & Services
+7.84%$19.67
AH Close$19.67+0.00%vs close
AH Close$19.67+0.00%vs close
Mkt Cap$518.41M
Float21.42M
O/S26.36M
Inst Own69.8%
SI4.8%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$141.44M
Net Income$357K
Total Assets$1.52B
Free Cash Flow$8.86M
Debt & Equity
Debt 116%
Total Debt$300.67M
Total Equity-$41.72M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:40Reverse splitDec 12, 200540 shares → 1
Balance Sheet Details
Assets$1.52B
Liabilities$9.91M
Accounts Receivable$15.13M
Accounts Payable$645K
Inventory$1.03M
PP&E (Net)$362.82M
Goodwill$469.79M
Intangible Assets$652.24M
Income Statement
| Period | FY 2025 | FY 2024 |
|---|---|---|
| Currency | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 |
| Revenue | $141.44M | $17.7M |
| YoY Growth | 699.0% | - |
| Cost of Revenue | $71.99M | $12.26M |
| Gross Profit | $69.45M | $5.45M |
| Gross Margin | 49.1% | 30.8% |
| Research and Development | $0 | $0 |
| Selling, General, and Administrative | $65.35M | $2.8M |
| Other | $0 | $0 |
| Total Operating Expenses | $65.35M | $2.8M |
| Operating Income (EBIT) | $4.1M | $2.65M |
| Operating Margin | 2.9% | 15.0% |
| Interest Expense | $385K | $8.7M |
| Interest Income | $109K | $0 |
| Other Income (Expense) | -$1.57M | -$3.75M |
| Income Before Tax (EBT) | $2.53M | -$1.1M |
| Income Tax Expense | $130K | -$26K |
| Net Income | $357K | -$1.07M |
| Net Income Margin | 0.3% | -6.1% |
| Supplementary Data | ||
| EPS | 0.01 | -0.04 |
| Diluted EPS | 0.01 | -0.04 |
| Weighted Average OS | 24.96M | 24.96M |
| EBITDA | $17.92M | $11.6M |
| EBITDA Margin | 12.7% | 65.5% |
Balance Sheet
| Period | FY 2025 | FY 2024 |
|---|---|---|
| Currency | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 |
| Assets | ||
| Current Assets | ||
| Cash and Cash Equivalents | $15.22M | $1.06M |
| Short-Term Investments | $0 | $0 |
| Cash and Short-Term Investments | $15.22M | $1.06M |
| Accounts Receivable | $15.13M | $6.38M |
| Inventory | $1.03M | $0 |
| Other Current Assets | $2.63M | $0 |
| Total Current Assets | $34M | $7.71M |
| Long-Term Assets | ||
| Property, Plant & Equipment Net | $362.82M | $15.22M |
| Goodwill | $469.79M | $0 |
| Intangible Assets | $652.24M | $63.77M |
| Long-Term Investments | $0 | $0 |
| Deferred Tax Assets | $0 | $0 |
| Other Long-Term Assets | $1.77M | $0 |
| Total Long-Term Assets | $1.49B | $78.99M |
| Other Assets | $0 | $0 |
| Total Assets | $1.52B | $86.69M |
| Liabilities | ||
| Current Liabilities | ||
| Accounts Payable | $645K | $3.82M |
| Short-Term Debt | $6.04M | $5.4M |
| Current Income Tax Payable | $42K | $370K |
| Current Unearned Revenue | $739K | $65K |
| Other Current Liabilities | -$6.04M | $0 |
| Total Current Liabilities | $7.37M | $10.25M |
| Long-Term Liabilities | ||
| Long-Term Debt | $294.63M | $65.18M |
| Long-Term Unearned Revenue | $94K | $110K |
| Long-Term Deferred Tax Liabilities | $0 | $11.1M |
| Other Long-Term Liabilities | -$292.19M | $0 |
| Total Long-Term Liabilities | $2.54M | $77.52M |
| Other Liabilities | $0 | $0 |
| Total Liabilities | $9.91M | $87.77M |
| Stockholders' Equity | ||
| Preferred Stock | $0 | $0 |
| Common Stock | $14.02M | $1K |
| Retained Earnings | -$74.15M | -$1.07M |
| Comprehensive Income & Other | -$1K | -$999 |
| Other Stockholders' Equity | $18.41M | -$1K |
| Total Equity | -$41.72M | -$1.07M |
| Minority Interest | $0 | $0 |
| Total Liabilities and Equity | -$31.81M | $86.69M |
| Supplementary Data | ||
| Total Debt | $300.67M | $72M |
| Net Debt | $285.45M | $70.94M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 |
|---|---|---|
| Currency | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 |
| Operating Activities | ||
| Net Income | -$73.07M | -$1.07M |
| Depreciation & Amortization | $15M | $4M |
| Deferred Income Tax | $0 | $0 |
| Stock-Based Compensation | $0 | $0 |
| Changes in Working Capital: | ||
| Accounts Receivable | $10.12M | -$6.32M |
| Inventory | $439K | $0 |
| Accounts Payable | $1.25M | $3.25M |
| Other Working Capital | -$597K | -$25K |
| Total Working Capital Change | $11.2M | -$3.1M |
| Other Non-Cash Items | $61.01M | $1.08M |
| Net Cash from Operating | $14.14M | $907K |
| Investing Activities | ||
| Capital Expenditures | -$5.28M | -$1.21M |
| Acquisitions | -$199.68M | -$68.37M |
| Purchases of Investments | $0 | $0 |
| Sales of Investments | $0 | $0 |
| Other Investing Activities | $0 | $5.02M |
| Net Cash from Investing | -$204.96M | -$64.56M |
| Financing Activities | ||
| Debt Repaid | -$192M | -$68.19M |
| Common Stock Issuance | $14.02M | $0 |
| Common Stock Repurchases | $0 | $0 |
| Dividends Paid | $0 | $0 |
| Other Financing Activities | -$6.92M | -$3.48M |
| Net Cash from Financing | $199.09M | $64.71M |
| Forex Effect | $0 | $0 |
| Net Change in Cash | $8.27M | $1.06M |
| Supplementary Data | ||
| Operating Cash Flow | $14.14M | $907K |
| Capital Expenditure | -$5.28M | -$1.21M |
| Free Cash Flow | $8.86M | -$299K |
| Cash at Beginning | $1.06M | $0 |
| Cash at End | $9.33M | $1.06M |