Permian Landowner EagleRock Files for Initial Public Offering

EagleRock Land LLC filed for an initial public offering as the Permian Basin landowner and management company seeks to expand holdings and attract power generation, data centers and other industrial developments that could benefit from being near energy sources.

EagleRock, which was formed last year, reported its predecessor firm had a net loss of $73.1 million on revenue of $72.2 million in the year ended Dec. 31, 2025, compared with a net loss of $1.1 million on revenue of $17.7 million a year earlier, according to a filing Thursday with the US Securities and Exchange Commission. The company said it plans to use proceeds of the sale in part to repay debt and fund operations and land acquisitions.