
EagleRock Land, LLC (&#34;EagleRock&#34;), a leading land management royalty company that controls surface acreage in the core of the Permian Basin providing access to land, resources, and infrastructure for critical

EagleRock Land, LLC ("EagleRock"), a leading land management royalty company that controls surface acreage in the core of the Permian Basin providing access to land, resources, and infrastructure for critical industries, today announced the launch of its initial public offering of 17,300,000 Class A shares representing limited liability company interests ("Class A shares") at an anticipated initial offering price between $17.00 and $20.00 per Class A share pursuant to a registration statement on Form S-1 (the "Registration Statement") previously filed with the U.S. Securities and Exchange Commission (the "SEC"). In addition, EagleRock expects to grant the underwriters in the offering a 30-day option to purchase up to an additional 2,595,000 Class A shares at the initial public offering price, less underwriting discounts and commissions. EagleRock has applied to list its Class A shares on the New York Stock Exchange ("NYSE") and NYSE Texas, Inc. ("NYSE Texas") under the ticker symbol "EROK."


Goldman Sachs &amp; Co. LLC, Barclays and J.P. Morgan are acting as lead book-running managers for the proposed offering. Additional book-running managers for the proposed offering are Piper Sandler and Raymond James. Pickering Energy Partners, Stephens Inc. and Texas Capital Securities are acting as co-managers for the proposed offering.


The proposed offering of these securities will be made only by means of a prospectus that meets the requirements of Section 10 of the Securities Act of 1933, as amended. Copies of the preliminary prospectus related to these securities can be obtained from any of the following sources:


Goldman Sachs &amp; Co. LLC
 Attention: Prospectus Department
 200 West Street
 New York, NY 10282
 (866) 471-2526
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:prospectus-ny@ny.email.gs.com" shape="rect">prospectus-ny@ny.email.gs.com</a>


Barclays Capital Inc.
 c/o Broadridge Financial Solutions
 1155 Long Island Avenue
 Edgewood, NY 11717
 (888) 603-5847
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:Barclaysprospectus@broadridge.com" shape="rect">Barclaysprospectus@broadridge.com</a>


J.P. Morgan Securities LLC
 c/o Broadridge Financial Solutions
 1155 Long Island Avenue
 Edgewood, NY 11717
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:prospectus-eq_fi@jpmchase.com" shape="rect">prospectus-eq_fi@jpmchase.com</a> and <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:postsalemanualrequests@broadridge.com" shape="rect">postsalemanualrequests@broadridge.com</a>


About EagleRock


EagleRock is a land management company that owns or controls approximately 236,000 acres in the heart of the Delaware and Midland sub-basins within the prolific Permian Basin. In addition, EagleRock has an interest in up to approximately 70,000 acres pursuant to an acreage dedication related to its Midland Basin water infrastructure assets. Its acreage is vital to the efficient development of oil and natural gas resources in the Permian Basin and is strategically located to support the growing surface, resource, infrastructure and related commercial development needs of the power and other emerging industries in the Permian Basin.


Important Information


A registration statement on Form S-1 relating to these securities has been filed with the SEC but has not yet become effective. The securities may not be sold, nor may offers to buy be accepted, prior to the time the Registration Statement becomes effective. The Registration Statement may be obtained free of charge at the SEC's website at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54527874&amp;newsitemid=20260503421074&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=1&amp;md5=681800c5ab11c92e9c20874589c3f538" shape="rect">www.sec.gov</a> under "EagleRock Land, LLC." This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.


Cautionary Statement Concerning Forward-Looking Statements


This press release contains forward-looking statements. Forward-looking statements include all statements that are not historical facts. The words "anticipate," "assume," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "future," "will," "seek," "foreseeable," the negative version of these words, or similar terms and phrases are intended to identify forward-looking statements. These forward-looking statements include any statements regarding the commencement of trading of the Class A shares on the NYSE and NYSE Texas and the size and expected price range of EagleRock's initial public offering. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions, including those described in the Registration Statement.


Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, EagleRock does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for EagleRock to predict all such factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in the Registration Statement filed with the SEC in connection with EagleRock's initial public offering. The risk factors and other factors noted in the Registration Statement could cause its actual results to differ materially from those contained in any forward-looking statement.

<img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260503421074r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img>View source version on businesswire.com: <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260503421074/en/" rel="nofollow">https://www.businesswire.com/news/home/20260503421074/en/</a>
Neal Shah
 President and Chief Financial Officer
 EagleRock Land, LLC
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:info@erok.com" shape="rect">info@erok.com</a>; (713) 280-7002

EROK

EagleRock Announces Launch of Initial Public Offering

EagleRock Launches IPO of 17.3 Million Shares Aimed at NYSE Listing

<section class="insight" data-version="1">
 <section data-block="information">
 <h3>Information</h3>
 EagleRock Land, LLC (&amp;#34;EagleRock&amp;#34;), a leading land management royalty company that controls surface acreage in the core of the Permian Basin providing access to land, resources, and infrastructure for critical
 </section>

 <section data-block="ai-summary-paragraph">
 <h3>AI Summary</h3>
 EagleRock Land, LLC has initiated an IPO for 17.3 million Class A shares, priced between $17 and $20, aiming for a NYSE listing under EROK. This offering may provide significant capital for the company&#039;s land management operations in the Permian Basin, which could enhance growth prospects in this critical energy region.
 </section>

 <section data-block="ai-summary-bullets">
 <h3>Key Points</h3>
 <ul><li>EagleRock plans to offer 17.3 million Class A shares at $17-$20 each.</li><li>Expected additional option for underwriters to purchase 2.6 million shares.</li><li>EagleRock has applied to list shares on NYSE under ticker EROK.</li><li>Goldman Sachs, Barclays, and J.P. Morgan are leading the offering.</li><li>EagleRock controls 236,000 acres in the Permian Basin.</li></ul>
 </section>

 <section data-block="companies-mentioned">
 <h3>Companies Mentioned</h3>
 <ul><li>Goldman Sachs &amp; Co. LLC (GS): Acting as a lead manager, within a pivotal role in the IPO.</li><li>Barclays Capital Inc. (BCS): Involved as a lead manager, contributing to underwriting strength.</li><li>J.P. Morgan Securities LLC (JPM): Provides critical support and credibility in managing the IPO.</li></ul>
 </section>

 <section data-block="category">
 <h3>Corporate Developments</h3>
 This news falls under Corporate Developments as it pertains to EagleRock&#039;s IPO details, signifying a significant corporate milestone that is critical to its financial growth trajectory. The focus on listing on NYSE highlights the firm&#039;s aspirations to increase its capital base and market presence.
 </section>

 <section data-block="market-moving">
 <h3>Market-Moving</h3>
 <ul><li>IPO pricing between $17-$20 could significantly impact initial trading momentum.</li><li>Listing on NYSE enhances visibility and credibility for EROK.</li><li>Strong underwriter support may lead to favorable market reception.</li><li>Potential allocation of additional shares could dilute early investors.</li></ul>
 </section>

 <section data-block="key-facts">
 <h3>Key Facts</h3>
 <ul><li>17.3 million Class A shares to be offered at $17-$20 each.</li><li>30-day option for underwriters to purchase an extra 2.6 million shares.</li><li>EagleRock controls 236,000 acres in the Permian Basin.</li><li>Goldman Sachs, Barclays, and J.P. Morgan are lead managers for the IPO.</li><li>EagleRock&#039;s registration statement has been filed but not effective yet.</li></ul>
 </section>

 <section data-block="trading-thesis">
 <h3>Trading Thesis</h3>
 EROK is poised for upward momentum post-IPO, likely within the next quarter.
 </section>
</section>



EagleRock Land, LLC ("EagleRock"), a leading land management royalty company that controls surface acreage in the core of the Permian Basin providing access to land, resources, and infrastructure for critical industries, today announced the launch of its initial public offering of 17,300,000 Class A shares representing limited liability company interests ("Class A shares") at an anticipated initial offering price between $17.00 and $20.00 per Class A share pursuant to a registration statement on Form S-1 (the "Registration Statement") previously filed with the U.S. Securities and Exchange Commission (the "SEC"). In addition, EagleRock expects to grant the underwriters in the offering a 30-day option to purchase up to an additional 2,595,000 Class A shares at the initial public offering price, less underwriting discounts and commissions. EagleRock has applied to list its Class A shares on the New York Stock Exchange ("NYSE") and NYSE Texas, Inc. ("NYSE Texas") under the ticker symbol "EROK."


Goldman Sachs &amp; Co. LLC, Barclays and J.P. Morgan are acting as lead book-running managers for the proposed offering. Additional book-running managers for the proposed offering are Piper Sandler and Raymond James. Pickering Energy Partners, Stephens Inc. and Texas Capital Securities are acting as co-managers for the proposed offering.


The proposed offering of these securities will be made only by means of a prospectus that meets the requirements of Section 10 of the Securities Act of 1933, as amended. Copies of the preliminary prospectus related to these securities can be obtained from any of the following sources:


Goldman Sachs &amp; Co. LLC
 Attention: Prospectus Department
 200 West Street
 New York, NY 10282
 (866) 471-2526
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:prospectus-ny@ny.email.gs.com" shape="rect">prospectus-ny@ny.email.gs.com</a>


Barclays Capital Inc.
 c/o Broadridge Financial Solutions
 1155 Long Island Avenue
 Edgewood, NY 11717
 (888) 603-5847
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:Barclaysprospectus@broadridge.com" shape="rect">Barclaysprospectus@broadridge.com</a>


J.P. Morgan Securities LLC
 c/o Broadridge Financial Solutions
 1155 Long Island Avenue
 Edgewood, NY 11717
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:prospectus-eq_fi@jpmchase.com" shape="rect">prospectus-eq_fi@jpmchase.com</a> and <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:postsalemanualrequests@broadridge.com" shape="rect">postsalemanualrequests@broadridge.com</a>


About EagleRock


EagleRock is a land management company that owns or controls approximately 236,000 acres in the heart of the Delaware and Midland sub-basins within the prolific Permian Basin. In addition, EagleRock has an interest in up to approximately 70,000 acres pursuant to an acreage dedication related to its Midland Basin water infrastructure assets. Its acreage is vital to the efficient development of oil and natural gas resources in the Permian Basin and is strategically located to support the growing surface, resource, infrastructure and related commercial development needs of the power and other emerging industries in the Permian Basin.


Important Information


A registration statement on Form S-1 relating to these securities has been filed with the SEC but has not yet become effective. The securities may not be sold, nor may offers to buy be accepted, prior to the time the Registration Statement becomes effective. The Registration Statement may be obtained free of charge at the SEC's website at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54527874&amp;newsitemid=20260503421074&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=1&amp;md5=681800c5ab11c92e9c20874589c3f538" shape="rect">www.sec.gov</a> under "EagleRock Land, LLC." This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.


Cautionary Statement Concerning Forward-Looking Statements


This press release contains forward-looking statements. Forward-looking statements include all statements that are not historical facts. The words "anticipate," "assume," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "future," "will," "seek," "foreseeable," the negative version of these words, or similar terms and phrases are intended to identify forward-looking statements. These forward-looking statements include any statements regarding the commencement of trading of the Class A shares on the NYSE and NYSE Texas and the size and expected price range of EagleRock's initial public offering. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions, including those described in the Registration Statement.


Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, EagleRock does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for EagleRock to predict all such factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in the Registration Statement filed with the SEC in connection with EagleRock's initial public offering. The risk factors and other factors noted in the Registration Statement could cause its actual results to differ materially from those contained in any forward-looking statement.

<img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260503421074r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img>View source version on businesswire.com: <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260503421074/en/" rel="nofollow">https://www.businesswire.com/news/home/20260503421074/en/</a>
Neal Shah
 President and Chief Financial Officer
 EagleRock Land, LLC
 <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:info@erok.com" shape="rect">info@erok.com</a>; (713) 280-7002

EagleRock Land, LLC has initiated an IPO for 17.3 million Class A shares, priced between $17 and $20, aiming for a NYSE listing under EROK. This offering may provide significant capital for the company's land management operations in the Permian Basin, which could enhance growth prospects in this critical energy region.

EagleRock Announces Launch of Initial Public Offering

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News