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Permian Landowner EagleRock Eyes $2.6 billion Valuation in US IPO

Business & Policy
May 4, 2026

Land management company EagleRock is targeting a valuation of up to $2.6 billion in its initial public offering in the United States, as it seeks to tap renewed investor interest in the energy sector.

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The Houston-based company said it was aiming to raise up to $346 million in the IPO by offering 17.3 million shares priced between $17 and $20 apiece.

Goldman Sachs, Barclays, J.P. Morgan, Piper Sandler and Raymond James ⁠are among the underwriters for the offering.

EagleRock intends to list its shares on the NYSE under the symbol “EROK.”

(Reporting by Pragyan Kalita in Bengaluru; Editing by Shinjini Ganguli and Anil D’Silva)