Welcome to our dedicated page for Infinity Natural Resources news (Ticker: INR), a resource for investors and traders seeking the latest updates and insights on Infinity Natural Resources stock.
Infinity Natural Resources (INR) delivers energy through focused exploration of Appalachian oil and natural gas reserves. This page aggregates official announcements and verified developments about the company's operations.
Access timely updates on drilling activities, financial results, and strategic initiatives. Investors will find earnings reports, regulatory filings, and partnership announcements alongside analysis of market positioning within the unconventional energy sector.
Key updates include quarterly performance data, asset acquisition details, production capacity changes, and technology implementations. Content is curated to provide context on how Appalachian geology and energy market dynamics influence INR's operations.
Bookmark this page for streamlined access to primary source materials about hydrocarbon production developments. Check regularly for new insights into the company's management of commodity price fluctuations and regulatory compliance strategies.
Infinity Natural Resources (NYSE: INR) announced an increase in its credit facility borrowing base from $325 million to $350 million following a regularly scheduled redetermination. The expansion was unanimously supported by the company's lenders. As of February 28, 2025, INR reported minimal borrowings of $2.4 million under the facility, leaving a substantial $347.6 million in unused capacity available.
Infinity Natural Resources (NYSE: INR) reported its Q4 and full year 2024 results, highlighting successful completion of its IPO raising $286.5 million in February 2025. The company delivered full-year 2024 net daily production of 24.1 MBoe/d, with a 27% oil and 47% liquids mix.
Key 2024 financial results include net income of $49.3 million, Adjusted EBITDAX of $195.7 million, and operating cash flow of $177.7 million. Total proved reserves reached 170.3 MMBoe, with 40% proved developed. Capital expenditures totaled $279.7 million for 2024.
For 2025, INR projects 40% year-over-year production growth to 32-35 MBoe/d, with a capital budget of $240-280 million for drilling and completion activities. The company plans to operate primarily with one rig throughout 2025, maintaining a balanced focus on oil projects in Ohio and dry gas projects in Pennsylvania.
Infinity Natural Resources (NYSE: INR) has scheduled the release of its fourth quarter and full year 2024 financial and operating results after market close on Thursday, March 27, 2025. The company will conduct a conference call to discuss these results on Friday, March 28, 2025, at 10:00 a.m. ET.
Investors can participate in the conference call by dialing (800) 715-9871 (U.S.) or +1 (646) 307-1963 (International) and referencing 'Infinity'. The call will also be webcast live on the company's investor relations website. A replay will be available for 14 days via the company website or by phone using conference ID: 7832720.
Infinity Natural Resources (NYSE: INR) has announced its participation in the upcoming Raymond James 46th Annual Institutional Investors Conference, scheduled for March 2-5, 2025, in Orlando, Florida. The company will be represented by key executives including Zack Arnold (President and CEO), David Sproule (EVP and CFO), and Gregory Pipkin Jr. (Vice President of Corporate Development and Strategy). The company's investor presentation materials will be made available on their investor relations website prior to their first conference meeting.
Infinity Natural Resources (NYSE: INR) has announced that its leadership team, including President and CEO Zack Arnold and EVP and CFO David Sproule, will ring the NYSE closing bell on Tuesday, February 11, 2025, at 4:00 p.m. EST. The ceremony commemorates the company's successful initial public offering, which closed on February 3, 2025.
The bell ringing ceremony will be viewable on the NYSE website. Arnold expressed gratitude for the successful IPO and emphasized the company's commitment to creating long-term value through their value-focused operating model in the Appalachian region.
Infinity Natural Resources (NYSE: INR) announced the full exercise of the over-allotment option by its IPO underwriters. The underwriters purchased an additional 1,987,500 shares of Class A common stock at the IPO price of $20.00 per share, generating net proceeds of $37,365,000 for Infinity. This follows the company's previous IPO of 13,250,000 shares.
The over-allotment exercise closed on February 6, 2025. The offering was managed by multiple financial institutions, with Citigroup, Raymond James, and RBC Capital Markets serving as joint book-running managers, alongside BofA Securities, Capital One Securities, and Truist Securities.
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