EagleRock Land LLC

EagleRock Announces Second Quarter 2026 Results

EagleRock reported Q2 2026 results with Normalized Revenue of $46.8 million and Normalized Adjusted EBITDA of $36.2 million, representing sequential increases of 32.3% and 31.7%, respectively. The company initiated full-year 2026 guidance for Normalized EBITDA to range from $129 million to $133 million, exceeding its original internal forecast. EagleRock also completed the acquisition of Intrepid Ranch for $78.2 million to expand its Delaware Basin position and reported total liquidity of $261.8 million following its recent IPO.

•2mo ago

EagleRock Acquires Intrepid Ranch

EagleRock acquired Intrepid Ranch for $78.2 million, adding approximately 50,000 surface acres and 22,000 fee acres in the Delaware Basin. The purchase expands EagleRock's fee acreage in New Mexico by 60% and includes water rights, storage capacity, and disposal wells. This is the company's first major acquisition since its May IPO, funded through cash and existing credit facility borrowings.

•2mo ago

NYSE Content Update: NYSE Wired Brings AI Leaders to Silicon Valley

EagleRock celebrated its initial public offering by ringing the opening bell at the New York Stock Exchange. The mention appeared in the NYSE's daily pre-market advisory, which also discussed AI infrastructure leaders and oil prices. The release provided no specific financial details regarding the IPO's pricing or share count.

•2mo ago

EagleRock Announces Filing of Quarterly Report on Form 10-Q

EagleRock filed its Form 10-Q for the quarter ended March 31, 2026, which reflects the historical results of predecessor Lea & Eddy Holdings as the IPO closed in May. The company reported strong preliminary pro forma financials with revenue estimated between $29.6 million and $36.1 million and Adjusted EBITDA margins reaching 87.1% at the midpoint. EagleRock significantly strengthened its balance sheet by repaying $269 million of predecessor debt and securing a new $200 million revolving credit facility, leaving it with no outstanding borrowings and substantial liquidity.

•4mo ago