latest news in Permian Basin

EagleRock Land Achieves Three Billion Dollar Valuation in Strong Stock Market Debut

EagleRock Land Achieves Three Billion Dollar Valuation in Strong Stock Market Debut

Los Angeles, Sunday, 17 May 2026.
Valued at $3 billion after a 24% debut surge, EagleRock Land successfully raised $320 million by leasing Permian Basin surface rights, profiting without directly drilling for oil.