EagleRock Land Reports Q3 Results and Updates 2026 EBITDA Guidance
EagleRock Land reported third-quarter revenue of $43.3 million, net income of $11.3 million, Adjusted EBITDA of $34.0 million and free cash flow of $31.8 million. It updated full-year 2026 Adjusted EBITDA guidance to $133 million-$137 million.
EagleRock Land, LLC reported revenue of $43.3 million and net income of $11.3 million for the third quarter ended September 30, 2026. The company achieved an Adjusted EBITDA of $34.0 million, representing an Adjusted EBITDA margin of 78.5%, and generated $31.8 million in Free Cash Flow. Surface Use Royalties accounted for 45% of total revenue, driven by recycled water royalties and produced water takeaway volumes. Additionally, the company updated its full-year 2026 Adjusted EBITDA guidance to a range of $133 million to $137 million.