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.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Snap partners with Perplexity on a $400 million AI advertising campaign; after Q1 ends, the Iran war costs another $25 million
Snap reports 2026 Q1 revenue of $1.53 billion, up 12% year over year; adjusted EBITDA of $233 million and free cash flow of $286 million; daily active users (DAU) of 483 million. The $400 million AI advertising integration with Perplexity wrapped up favorably in Q1; no agreement was reached on a full-scale rollout, and Perplexity revenue has shrunk significantly. The Iran war caused a monthly ad loss of $20 million–$25 million, and layoffs of about 1,000 people in April. Q2 guidance is $1.52–$1.55 billion, excluding Perplexity; the stock fell about 4% in after-hours trading.
ChainNewsAbmedia3m ago
JPMorgan Chase and Mastercard complete XRP ledger “first-time” cross-border settlement of tokenized U.S. Treasuries
According to an official statement released by Ondo Finance on May 6 (Wednesday), JPMorgan and Mastercard have completed the first cross-border, cross-bank redemption of tokenized U.S. Treasury funds, using Ripple’s XRP ledger and the interbank settlement system.
MarketWhisper1h ago
HawkEye 360 Raises $416M in NYSE IPO, Valued at $2.42B
HawkEye 360, a Herndon, Virginia-based space analytics company, raised US$416 million in its initial public offering on May 6, valuing the company at approximately US$2.42 billion, according to Reuters. The company's shares are set to begin trading on the New York Stock Exchange under the ticker
CryptoFrontier1h ago
Germany plans to scrap one-year Bitcoin holding tax exemption and switch to a stock tax treatment model
According to Bitcoin News on May 7, Germany’s Finance Minister Lars Klingbeil confirmed that Germany’s government is planning to adopt “different” tax policies for Bitcoin and crypto assets, with the direction possibly being to scrap the current mechanism that exempts holdings held for more than one year from tax and align the tax treatment of Bitcoin with stock assets.
MarketWhisper1h ago
Bitcoin Spot ETFs See $45.85M Net Inflows Overnight, BlackRock IBIT Leads at $134M
According to Trader T, Bitcoin spot ETFs saw net inflows of $45.85 million yesterday (May 6), with BlackRock's IBIT leading at $134 million. Other major products experienced outflows, including Fidelity's FBTC at $38.95 million, Bitwise's BITB at $25.18 million, Grayscale's GBTC at $17.10 million, a
GateNews1h ago
DoorDash Q1 Orders Miss Estimates Amid Tech Spending
Q1 Earnings Results
DoorDash reported mixed first-quarter results on May 1, 2024, as spending on technology and expansion reduced profit despite higher order volumes, according to CNBC. Total orders rose 27% to 933 million but missed analyst expectations of 954 million. Net income fell to US$184 m
CryptoFrontier1h ago
