IPO Journey
EagleRock Land, LLC
IPO Date: May 14, 2026 · 4 filings tracked
Final Offer Terms
Ticker
EROK
Exchange
New York Stock Exchange
Offer Price
$18.50
Shares Offered
17,300,000
Estimated Proceeds
$320.1M
Expected Listing
May 15, 2026
Underwriters
Led by Goldman Sachs & Co. LLC, Barclays
J.P. MorganPiper SandlerRaymond JamesPickering Energy PartnersStephens Inc.Texas Capital Securities
Filing Timeline
1
S-1
April 16, 2026
- High-growth 'toll road' business model in the Permian Basin
- Rapid revenue growth from $17.7M in 2024 to $72.4M in 2025
2
S-1/A
May 4, 2026
- Controls 236,000 acres in the high-demand Permian Basin
- Capital-light business model with steady 'take-or-pay' revenue contracts
Changes from previous filing
- ▸ Expected offer range: $17.0 – $20.0 per share
- ▸ Shares offered: 17,300,000
- ▸ Estimated proceeds: $294M
- ▸ Underwriters: Goldman Sachs & Co. LLC, Barclays, J.P. Morgan, Piper Sandler, Raymond James, Pickering Energy Partners, Stephens Inc., Texas Capital Securities
3
S-1/A
May 11, 2026
- Controls 236,000 acres of strategic land in the Permian Basin (Texas/New Mexico).
- Acts as a 'toll booth' for energy giants like ExxonMobil and Chevron.
424B4
Final Pricing
May 14, 2026
- Owns 236,000 acres in the high-activity Permian Basin
- High-margin 'toll road' business model for energy infrastructure
Changes from previous filing
- ▸ Price range removed
- ▸ Final offer price: $18.5 per share
- ▸ Estimated proceeds: $320M
Disclaimer: AI-generated analysis for informational purposes only. Not financial advice. Always conduct your own research.