UPDATE 1-WhiteHawk Minerals eyes $701 million valuation in US IPO
Adds valuation target in paragraph 1 and details throughout
May 26 (Reuters) - WhiteHawk Minerals is targeting a valuation of up to $701.2 million in its U.S. initial public offering, as the natural gas mineral and royalty firm looks to tap investor appetite for domestic energy assets.
The Philadelphia, Pennsylvania-based company is seeking up to $187 million by offering roughly 6.9 million shares priced between $25 and $27 apiece, it said on Tuesday.
WhiteHawk Minerals will list on the New York Stock Exchange under the symbol "WHK".
Raymond James, Stifel and J.P. Morgan are joint lead bookrunners for the offering.
