EagleRock Raises $320.1 Million in U.S. IPO, Lists as EROK Amid Permian Asset Play
EagleRock, a Houston land and resource management firm that collects royalties and fees from oil and gas activity on holdings in the Permian Basin, raised $320.1 million in its U.S. initial public offering by selling 17.3 million shares at $18.50 each. The offering comes as crude prices sit above $100 a barrel amid Middle East tensions and as the U…