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Companies / Energy / INFINITY NATURAL RESOURCES, INC.
INR

INFINITY NATURAL RESOURCES, INC.

EnergyOil & Gas Extraction
Ticker INRMORGANTOWN, WVFiscal year ends DecemberBook value per share $13.06Diluted shares 30.6M

Infinity Natural Resources, Inc. (NYSE: INR) is a growth-oriented independent energy company focused on the acquisition, development, and production of hydrocarbons in the Appalachian Basin. The company operates through its subsidiary INR Holdings, which owns and operates oil and natural gas properties across multiple… From the company’s description.

Fiscal year 2025 · ends 12-31The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$356.43M
Last 12 mo $522.68M
3.34%
Last 12 mo 40.95%
$63.96M
Last 12 mo $222.02M
4.50%
Last 12 mo 15.12%
Cash & financing
$261.79M
Last 12 mo $313.43M
$-168.38M
Last 12 mo $-799.80M
0.49
Last 12 mo 1.35
61.0M
Last 12 mo 30.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What INFINITY NATURAL RESOURCES, INC. does

In the company’s own words

Infinity Natural Resources, Inc. (NYSE: INR) is a growth-oriented independent energy company focused on the acquisition, development, and production of hydrocarbons in the Appalachian Basin. The company operates through its subsidiary INR Holdings, which owns and operates oil and natural gas properties across multiple shale formations in the region.

The company's operations are concentrated in the Utica Shale in eastern Ohio and the Marcellus and Utica Shales in southwestern Pennsylvania. As of December 31, 2025, Infinity held approximately 98,400 net surface acres across its core operating areas. The portfolio includes the Utica Shale Oil operations in Ohio with approximately 64,000 net acres and 129 producing horizontal wells, as well as Marcellus Shale dry gas and Utica deep dry gas operations in Pennsylvania with approximately 34,000 net acres and 25 producing wells. In February 2026, the company completed the Antero Acquisition, adding approximately 42,500 net surface acres and 110 identified undeveloped drilling locations, along with midstream assets including 141 miles of natural gas gathering pipelines and water infrastructure.

Infinity's proved reserves as of December 31, 2025 totaled approximately 225 million barrels of oil equivalent, comprising crude oil, natural gas, and natural gas liquids. The company generated average daily production of 35.3 thousand barrels of oil equivalent per day in 2025, with a balanced portfolio across oil and natural gas assets designed to optimize development planning in response to commodity price changes.

The company completed its initial public offering on February 3, 2025, raising approximately $286.5 million in net proceeds. In February 2026, Infinity also issued 350,000 shares of Series A Convertible Preferred Stock for $350 million to fund a portion of the Antero Acquisition. The company maintains a credit facility to support its development activities and capital needs. Infinity's business model emphasizes disciplined capital allocation, operational efficiency through shared infrastructure, and maintaining a strong balance sheet while pursuing low-risk, highly economic development opportunities in the Appalachian Basin.

Company details
Sector
Energy
Industry
Oil & Gas Extraction
Headquarters
MORGANTOWN, WV
Fiscal year end
December
CIK
2029118
SIC
1311

Financial performance, year by year

Fiscal 2025–2025 · USD
$-52.27M$104.54M$261.34M$418.14M$574.95M2025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns INFINITY NATURAL RESOURCES, INC. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

111
funds hold it
0 of 35
superinvestors hold it
$101.80M
held by funds, at market
38.1%
of shares held by funds

Largest fund holders · INFINITY NATURAL RESOURCES, INC.’s weight in each

Franklin Small Cap Growth Fund
FSGRX · Franklin Strategic Series
0.77%of fund net assets
Small Cap Value Fund
ASVIX · American Century Capital Portfolios, Inc.
0.48%of fund net assets
WESTWOOD QUALITY SMALLCAP FUND
WHGAX · Ultimus Managers Trust
0.92%of fund net assets
American Beacon Small Cap Value Fund
AVFIX · AMERICAN BEACON FUNDS
0.17%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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