UPDATE 1-WhiteHawk Minerals eyes $701 million valuation in US IPO

Adds valuation target in paragraph 1 and details throughout

- 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.