Investing.com -- 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 & Associates, Inc., Stifel, Nicolaus & Company, Incorporated and J.P. Morgan Securities LLC are acting as joint lead bookrunners for the proposed offering. Capital One Securities, Inc. and Stephens Inc. are also acting as bookrunning managers. Tuohy Brothers Investment Research, Inc. is acting as co-manager.