WhiteHawk Minerals (WhiteHawk Income)

General Information
Business:

(Incorporated in Delaware)

We own natural gas mineral and royalty interests in the Marcellus and Haynesville Shales in the Appalachian and Haynesville Basins. As of Dec. 31, 2025, our portfolio encompassed about 3.4 million gross drilling spacing unit (DSU) acres, including 1.6 million gross DSU acres across the Appalachian and Haynesville Basins. Our portfolio includes an economic interest in about 13 percent of all natural gas produced in the United States.

Note: We intend to change the company’s name to WhiteHawk Minerals Corp. in connection with the IPO.

Note: Our revenues are primarily derived from mineral and royalty payments that are based on the price of natural gas, NGL and oil which is subject to volatility due to factors beyond our control;

Note: Lower natural gas, NGL and oil prices or negative adjustments of natural gas, NGL and oil prices may result in significant impairment charges.

Note: Net loss and revenue are for the 12 months that ended Dec. 31, 2025.

(Note: WhiteHawk Minerals (WHK) – formerly known as WhiteHawk Income Corp. – upsized its IPO at pricing to 7.7 million shares – up from 6.9 million shares in the prospectus – and priced the IPO at $26.00, the mid-point of its range, to raise $200.2 million on Monday night, June 8, 2026. Background: WhiteHawk Income Cop. disclosed the terms for its IPO on May 26, 2026,  in its S-1/A filing: 6.9 million shares at a price range of $25.00 to $27.00 to raise $179.4 million, if priced at the $26.00 mid-point of its range. Background: WhiteHawk Income Corp. filed its S-1 on May 11, 2026, without disclosing the terms for its IPO. Estimated proceeds were $100 million, a placeholder figure.) 

Industry: CRUDE PETROLEUM & NATURAL GAS
Employees: 13
Founded: 2022
Contact Information
Address 2000 Market Street, Suite 910 Philadelphia, PA 19103
Phone Number (610) 484-3412
Web Address https://www.whitehawkenergy.com/
View Prospectus: WhiteHawk Minerals (WhiteHawk Income)
Financial Information
Market Cap $695.4mil
Revenues $67.6 mil (last 12 months)
Net Income $-3.59 mil (last 12 months)
IPO Profile
Symbol WHK
Exchange NYSE
Shares (millions): 7.7
Price range $26.00 - $26.00
Est. $ Volume $200.2 mil
Manager / Joint Managers Raymond James/Stifel/J.P. Morgan/Capital One Securities/Stephens
CO-Managers Tuohy Brothers
Expected To Trade: 6/9/2026
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change