EagleRock Land Reports Q3 2026 Results and Raises Full-Year EBITDA Guidance
EagleRock Land (EROK) reported its first full quarter of results as a public company following its May 2026 IPO. The company achieved revenue of $43.3 million and an Adjusted EBITDA of $34.0 million, yielding a high margin of 78.5%. This performance was driven primarily by surface use royalties and fee streams, which accounted for nearly half of the total revenue. Reflecting strong operational momentum, management raised its full-year 2026 Adjusted EBITDA guidance to a range of $133 million to $137 million. The upward revision is attributed to organic growth and synergies from the Intrepid Ranch acquisition. The company continues to expand its Permian Basin footprint through strategic acreage dedications and bolt-on acquisitions while maintaining a capital-light business model with high free cash flow conversion.
Tickers: $EROK
Topics: Acquisitions Adjusted EBITDA Free Cash Flow Guidance Revenue