WhiteHawk Minerals
Summary ipo Updated Jun 3, 2026This profile is AI-generated. If you spot an error, please help us fix it by sharing a URL to the correct information.
Founders
About
WhiteHawk Minerals (NYSE: WHK), formerly known as WhiteHawk Income, is a Philadelphia-based natural gas mineral and royalty company. It owns natural gas mineral and royalty interests in the Marcellus and Haynesville Shales in the Appalachian and Haynesville Basins, with an economic interest in approximately 13% of all natural gas produced in the United States 12. The company holds positions across approximately 3.4 million gross drilling spacing unit acres 2.
WhiteHawk was founded by Daniel Herz, who previously served as Founder, President and CEO of Falcon Minerals Corporation (NASDAQ: FLMN) from August 2018 to June 2021 3. PhiCap Advisors served as co-founders and equity partners; Jeffrey Slotterback, a PhiCap partner, is CFO and co-founder of WhiteHawk 34. For the year ended December 31, 2025, the company reported revenue of $67.6 million and a net loss of $3.59 million 5.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-06-08 | IPO | $200.2M | Raymond James, Stifel, J.P. Morgan (joint bookrunners) | Horizon Kinetics, T. Rowe Price (cornerstone) 1256 |
The upsized IPO priced 7,700,000 shares of Class A common stock at $26.00 (the midpoint of the $25-$27 range), with underwriters granted a 30-day option for up to an additional 1,155,000 shares 16. Shares began trading on the NYSE under the ticker “WHK” on June 9, 2026 1. Cornerstone investors Horizon Kinetics and T. Rowe Price indicated on $74 million of the IPO, representing approximately 37% of the deal 2. Additional bookrunners included Capital One Securities and Stephens Inc., with Tuohy Brothers Investment Research as co-manager 6.
What Investors Say
No independently sourced investor commentary on the IPO is publicly available at this time.
What Founders Say
No independently sourced founder testimonials found at this time.
Sources
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“The IPO Buzz: WhiteHawk Minerals (WHK) Upsizes IPO & Prices it at $26 Mid-Point,” IPOScoop, June 2026, accessed June 2026. https://www.iposcoop.com/the-ipo-buzz-whitehawk-minerals-whk-upsizes-ipo-prices-it-at-26-mid-point/↩↩↩↩
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“Natural gas mineral and royalty business WhiteHawk Minerals prices upsized IPO at $26 midpoint,” Renaissance Capital, June 9, 2026, accessed June 2026. https://www.renaissancecapital.com/IPO-Center/News/119680/Natural-gas-mineral-and-royalty-business-WhiteHawk-Minerals-prices-upsized-↩↩↩↩
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“Our Team,” WhiteHawk Energy, accessed June 2026. https://www.whitehawkenergy.com/our-team/↩↩
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“WhiteHawk Energy,” PhiCap Advisors Success Stories, accessed June 2026. https://www.phicapadvisors.com/success-stories/whitehawk-energy↩
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“WhiteHawk Minerals Announces Pricing of Upsized Initial Public Offering,” BusinessWire, June 8, 2026, accessed June 2026. https://www.businesswire.com/news/home/20260608641138/en/WhiteHawk-Minerals-Announces-Pricing-of-Upsized-Initial-Public-Offering↩↩
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“WhiteHawk Minerals Announces Pricing of Upsized Initial Public Offering,” The AI Journal, June 2026, accessed June 2026. https://aijourn.com/whitehawk-minerals-announces-pricing-of-upsized-initial-public-offering/↩↩↩