Every material Form 8-K EagleRock Land, LLC has filed with the SEC since August 10, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
EagleRock Land reported third-quarter 2026 revenue of $43.3 million and net income of $11.3 million, up from $17.5 million of revenue and a $4.9 million net loss in the third quarter of 2025. The company raised its full-year 2026 Adjusted EBITDA guidance to a range of $133 million to $137 million from a prior midpoint of $131 million, and also disclosed a new 35,000-acre dedication with Double Eagle V and two Midland Basin acquisitions.
Q3 2026 total revenue was $43.3 million, versus $17.5 million in Q3 2025 and $46.8 million in Q2 2026 on a normalized basis.
Q3 2026 Adjusted EBITDA was $34.0 million, with an Adjusted EBITDA Margin of 78.5%; Free Cash Flow was $31.8 million.
Full-year 2026 Adjusted EBITDA guidance was raised to $133 million to $137 million, with about $2 million of the $4 million midpoint increase attributed to Intrepid Ranch.
Subsidiary DE IV Flow signed a water system management agreement with DEF Operating, an affiliate of a more than 5% shareholder; total debt at September 30, 2026 was $70 million.
EagleRock Land's board approved 2026 long-term incentive awards on September 10, 2026, including performance share units for CEO Greg Pipkin Jr. and CFO Neal H. Shah. The filing describes vesting tied to total shareholder return over a performance period ending May 14, 2029, and the awards are subject to the company's clawback policies.
CEO Greg Pipkin Jr. received 270,147 PSUs at target, all in performance share units.
CFO Neal H. Shah received 71,429 PSUs at target and 47,619 RSUs, a 60%/40% split.
PSUs are earned based on relative and absolute TSR over a performance period from May 14, 2026 to May 14, 2029, capped at 250% of target.
RSUs vest in three equal annual installments; the board approved the awards on September 10, 2026.
EagleRock Land reported second-quarter 2026 revenue of $41.5 million, up from $23.9 million a year earlier, but a net loss of $37.5 million, which includes $57.4 million of IPO share-based compensation. The company now expects 2026 Normalized EBITDA of $129 million to $133 million, above its original internal forecast, and said it bought the Intrepid Ranch for $78.2 million on August 10, 2026.
Reported Q2 2026 revenue of $41.5 million versus $23.9 million in Q2 2025; normalized revenue of $46.8 million rose 32.3% from Q1 2026
Net loss of $37.5 million for the quarter, including $57.4 million of IPO share-based compensation expense
2026 Normalized EBITDA guidance of $129 million to $133 million, above the original internal forecast
Acquired Intrepid Ranch, about 50,000 acres in Lea County, New Mexico, from Hydrosource Logistics for $78.2 million
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
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