EagleRock plans $2 billion U.S. oil and gas listing

EagleRock is exploring a U.S. IPO that could value the firm at $2 billion. The rare energy listing follows rising demand for assets in the Permian Basin.

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EagleRock, a Houston-based firm that manages royalties and fees from energy production, is exploring a rare initial public offering in the United States that could value the company at approximately $2 billion. Sources familiar with the matter indicate that the firm has engaged GOLDMAN SACHS GROUP INC to lead the potential listing, which would mark a significant return to public markets for a private oil and gas entity.

An aerial view shows multiple drilling rigs operating in the Midland region of Texas on June 11, 2025. REUTERS/Eli Hartman/File Photo
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