EX-99.1

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EX-99.1

EX-99.1

Exhibit 99.1

EagleRock Announces Second Quarter 2026 Results

August 10, 2026

Delivers strong second quarter results surpassing company expectations

Initiates full-year 2026 financial guidance above company forecast

HOUSTON—(BUSINESS WIRE)—EagleRock Land, LLC (“EagleRock” or the “Company”) (NYSE: EROK) today announced its financial

and operating results for the second quarter ended June 30, 2026.

Second Quarter and Recent Financial and Business Highlights

•

Successfully completed an initial public offering on the NYSE and NYSE Texas on May 15, 2026, issuing 19.9 million Class A shares, including the full exercise of the underwriters’ over-allotment option, at a price of $18.50 per share and raising approximately $368 million in gross proceeds.

•

Reported revenue of $41.5 million

•

Reported net loss of $(37.5) million

•

Normalized revenue(1)(2) of $46.8MM, representing an increase of 32.3% versus the first quarter of 2026

•

Normalized Adjusted EBITDA(1)(2) of $36.2 million, representing an increase of 31.7% versus the first quarter of 2026

•

Normalized Adjusted EBITDA margin(1)(2) of 77.5% compared to 77.9% in first quarter of 2026

•

Liquidity of $261.8 million as of June 30, 2026

•

On August 10, 2026, acquired Intrepid Ranch, an approximately 50,000-acre, 22,000-fee-acre position in Lea County, New Mexico directly adjacent to EagleRock’s existing surface footprint, for a total purchase price of $78.2 million, expanding the Company’s contiguous Delaware Basin position.

Management Commentary

“EagleRock holds a stronghold position in two of the most important sub-basins in the Permian, co-located with some of the deepest, most economic drilling inventory in the country,” said Greg Pipkin, Chief Executive Officer of EagleRock. “The pieces of this platform are worth more together than they’d be apart, reinforced by our strategic partners. Together, they deliver durable, royalty and fee driven cash flow that moves largely independent of commodity price swings, a broader base to keep growing organically and through acquisition, and meaningful upside as the Permian evolves into a full-scale energy ecosystem.”

“We’re already delivering on that growth potential. In the second quarter, we delivered more than 30% revenue and Normalized Adjusted EBITDA growth on a quarter-over-quarter basis, consistent with the expectations we set when we went public. That same growth strategy is now showing up in our acquisition activity, and we’re pleased to announce the purchase of Intrepid Ranch, a contiguous, adjacent asset in Lea County, New Mexico. With this asset, we intend to apply the same active management playbook that’s driving our results today, renegotiating and modernizing surface use agreements, expanding our water infrastructure and water rights, and unlocking additional royalty opportunities including sand development, consistent with the disciplined M&A approach we described at our IPO.”

1

EagleRock’s reorganization and IPO closed May 15, 2026; results for the period prior reflect the predecessor structure. Normalized figures recast January 1 – May 14, 2026 as if EagleRock had operated in its current, post-IPO form for the entire six-month period, for comparability across the full six months; see reconciliation included

2

Normalized Revenue, Normalized Adjusted EBITDA and Normalized Adjusted EBITDA Margin are non-GAAP financial measures. See Comparison of Non-GAAP Financial Measures for a discussion of these measures and a reconciliation of these measures to our most directly comparable financial measures calculated and presented in accordance with GAAP.

Second Quarter Results

EagleRock generated normalized revenue of $46.8 million in the second quarter of 2026, an increase of 32.3% versus the first quarter of 2026. The strong growth in revenue was underpinned by the continued success of the commercialization of our land and our active land management strategy.

Normalized Adjusted EBITDA was $36.2 million, an increase of 31.7% versus the first quarter of 2026, representing a Normalized Adjusted EBITDA margin of 77.5%, compared to 77.9% in the first quarter.

Diversified Revenue Streams

Resource Sales revenues were $28.2 million in the second quarter of 2026, or 68% of total revenue, and an increase of 48% versus the first quarter of 2026. On a normalized basis, resources sales revenues were $24.2 million in the second quarter of 2026, or 52% of Normalized Revenue, and an increase of 53.1% versus the first quarter of 2026. The increase in resource sales was driven primarily by an additional 7.0 MMBbls of brackish water sold from our ranches, together with higher caliche sales.

Surface Use Revenues were $5.9 million in the second quarter of 2026, or 14% of total revenue, and an increase of 84% versus the first quarter of 2026. On a normalized basis, surface use revenues were $7.1 million in the second quarter of 2026, or 15% of Normalized Re

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EX-99.1

Exhibit 99.1

NEWS RELEASE

EagleRock Announces Filing of Quarterly Report on Form 10-Q

HOUSTON, June 23, 2026 – EagleRock Land, LLC (“EagleRock” or the “Company”) (NYSE: EROK) today filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 (the “Quarterly Report”) with the U.S. Securities and Exchange Commission (the “SEC”).

Highlights:

•

Completed Initial Public Offering (“IPO”) of EagleRock Land on May 15, 2026

•

Repaid the Predecessor credit facility of approximately $269 million

•

Strong operational and financial performance in line with Company expectations

•

Robust liquidity of over $200 million and no outstanding debt provides substantial capacity to pursue attractive organic and inorganic opportunities.

•

Expect to file its unaudited pro forma financial statements for the three months ended March 31, 2026 by July 31, 2026

On May 15, 2026, EagleRock completed the initial public offering of its Class A shares representing limited liability company interests and certain contribution and reorganization transactions associated therewith (the “Transactions”). Since EagleRock completed its IPO after the period covered by the Quarterly Report, the Quarterly Report primarily presents the financial statements and related results of EagleRock’s accounting predecessor, Lea & Eddy Holdings, LLC (the “Predecessor”), for the three months ended March 31, 2026. Accordingly, the Quarterly Report does not include financial statements of the entities acquired by the Company in the Transactions and does not provide pro forma results for the Company.

As previously disclosed, EagleRock will file its unaudited pro forma financial statements for the three months ended March 31, 2026, reflecting the consummation of the IPO and the Transactions (the “Pro Forma Financial Statements”), by July 31, 2026. EagleRock expects to provide customary earnings information and host its inaugural quarterly conference call to discuss its financial and operating results beginning with the reporting cycle for the second quarter of 2026.

Preliminary Pro Forma First Quarter Results

The preliminary financial information presented below was previously disclosed in the Company’s final prospectus filed with the SEC on May 14, 2026 in connection with the IPO (the “Prospectus”), and continues to reflect EagleRock’s estimated pro forma financial results for the three months ended March 31, 2026.

Pro Forma(1)

Three Months Ended March 31, 2026

(in thousands)

Low

High

Revenue

$ 29,551

$ 36,117

Net income

$ 13,263

$ 16,211

Adjusted EBITDA(2)

$ 25,745

$ 31,467

(1)

The unaudited preliminary financial information presents the historical financial data of the Predecessor for the period presented, as adjusted to give effect to (i) the exclusion of certain assets and liabilities of the Predecessor that were not conveyed to the Company in connection with the IPO and (ii) the Transactions, each of which is more fully described in the Prospectus, as if such transactions had occurred on January 1, 2025.

(2)

Non-GAAP financial measure. See

“Non-GAAP Financial Measures” for a discussion of this metric and a reconciliation to EagleRock’s most directly comparable financial measure calculated and presented in accordance with GAAP.

This release includes ranges for these preliminary financial results because the Pro Forma Financial Statements are not yet available. These estimated ranges are preliminary and unaudited and are thus inherently uncertain and subject to change. In addition, these ranges are based on the information available to the Company as of the date of this release and may not be indicative of its actual results or the results to be achieved as of any future date or for any future period. However, based on the Company’s performance to date and current expectations, management believes the Company remains on track relative to its full-year financial expectations.

EagleRock Credit Facility

On June 3, 2026, EagleRock repaid the entire balance of the Predecessor’s credit facility of approximately $269 million that was assumed by the Company in connection with the IPO. On June 8, 2026, following the repayment and termination of the Predecessor’s credit facility, EagleRock’s credit agreement with its syndicate of leading financial institutions became effective. EagleRock’s revolving credit facility provides access to up to $200.0 million, including the ability to request an increase of up to an additional $100.0 million. As of the date of this release, the Company has no borrowings outstanding under its credit facility. The new facility provides the Company with additional financial flexibility and liquidity to support its ongoing operations, strategic initiatives and long-term growth objectives.

About EagleRock

EagleRock is a land management company that owns or controls approximately 236,000 acres in the heart of the Delaware and Midland sub-basins within