The latest update is out from Infinity Natural Resources, Inc. Class A ( (INR) ).
Infinity Natural Resources, Inc. reported its financial and operational results for the fourth quarter and full year of 2024, highlighting a net loss of $5.5 million for the quarter but a net income of $49.3 million for the year. The company successfully raised $286.5 million through its IPO in February 2025, which strengthened its balance sheet by eliminating debt and increasing liquidity to $354.3 million. The company also placed seven wells into sales in Ohio’s Utica Shale and achieved a total net daily production of 24.1 MBoe/d for the year. Looking ahead to 2025, Infinity expects a 40% increase in production and plans to continue its development with a capital budget of up to $280 million.
More about Infinity Natural Resources, Inc. Class A
Infinity Natural Resources, Inc. operates in the energy sector, focusing on oil and natural gas production. The company is positioned as a high-margin operator with assets in the Marcellus and Utica Shales, allowing it to pivot between commodities based on market conditions. Infinity has a strong asset base and a balanced mix of oil and natural gas, with operations primarily in Ohio and Pennsylvania.
YTD Price Performance: -14.05%
Average Trading Volume: 559,923
Current Market Cap: $1.07B
For detailed information about INR stock, go to TipRanks’ Stock Analysis page.