Infinity Natural Resources, Inc. filings document an independent Appalachian Basin energy company with Class A common stock listed on the New York Stock Exchange. Its SEC record covers operating and financial results, oil, natural gas and NGL reserve information, commodity derivative disclosures, and acquisition-related reports for upstream and midstream assets in the Ohio Utica Shale.
The company’s filings also detail capital structure and governance matters, including senior notes due 2031 issued by Infinity Natural Resources, LLC, revolving credit facility disclosures, Class A and Class B common stock, Series A Convertible Preferred Stock, director elections, executive compensation and board appointments. Form 8-K reports and proxy materials provide formal records of material agreements, shareholder voting matters, risk factors and emerging growth company disclosures.
INR (II) Investments, LLC and its affiliates report beneficial ownership of 12,856,475 Infinity Natural Resources Class A shares, or 41.44% of the Class A common stock, via convertible preferred shares. The stake comes from purchasing 275,000 shares of Series A Convertible Preferred Stock for $275,000,000 at $1,000 per share.
The preferred shares are initially convertible at $21.39 per common share and carry an 8% annual dividend, rising to 12% after five years, with strong liquidation preferences targeting a 13% internal rate of return or 1.3x multiple. They vote with common stock on an as-converted basis and have significant consent rights over key corporate actions.
The investment proceeds are designated to fund acquisitions and general corporate purposes. The preferred can be redeemed by the company after five years at a price that yields a 15% internal rate of return to holders, and may be mandatorily converted by the company after three years if share-price and liquidity conditions are met. Investors also gain registration rights, while being subject to a two-year standstill and transfer lock-up, limiting additional share accumulation and sales during that period.
Infinity Natural Resources, Inc. plans a private offering of $500 million in senior notes due 2031 through its subsidiary, with guarantees from subsidiaries that back its revolving credit facility. The issuer expects to use net proceeds to repay borrowings under that facility and for general corporate purposes.
The company also filed a third‑party reserve report on the Antero upstream properties and detailed pro forma reserve data reflecting the Antero acquisitions. On a pro forma basis as of December 31, 2025, total proved reserves are 286,669 MBoe with a pre‑tax PV‑10 of $1,602,775 thousand.
Infinity Natural Resources, Inc. filed an amended report to add detailed financial information for its recently closed Antero asset acquisition in Ohio. The deal totals $1.2 billion in cash, with $800 million for upstream Utica Shale properties and $400 million for associated midstream systems.
The amendment supplies audited 2024–2025 financial statements for the acquired Antero Utica Shale upstream and midstream assets, along with unaudited pro forma combined results as if the transaction occurred on January 1, 2025. It also reflects related financing, including $350 million of Series A preferred stock issued to Quantum and Carnelian and an expanded credit facility with an increased borrowing base to $875 million.
INFINITY NATURAL RESOURCES, INC. director and officer David Sproule restructured his equity holdings on March 13, 2026. He converted 275,000 Common Units of Infinity Natural Resources, LLC, together with the cancellation of 275,000 shares of Class B Common Stock, into 275,000 shares of Class A Common Stock on a one-for-one basis for no cash consideration. Following these conversions, he holds 1,521,581 shares of Class A Common Stock directly. The Class B shares carried no economic interest, so the change mainly simplifies his stake into a single, economically meaningful share class.
Infinity Natural Resources, Inc. reports its business profile, reserves and key strategic transactions in its annual report. The company is a growth-focused Appalachian Basin E&P operator concentrated in the Utica Shale in Ohio and Marcellus/Utica dry gas in Pennsylvania, with 98,419 net surface acres as of December 31, 2025.
In February 2026, Infinity and a partner completed the Antero Ohio Assets acquisition, buying upstream properties for about $800 million and midstream assets for about $400 million, of which Infinity owns 60%. It also raised $350 million through Series A Convertible Preferred Stock, receiving approximately $337.1 million net.
Infinity completed an IPO in early 2025, issuing 15.2 million Class A shares and using roughly $285.0 million to repay Credit Facility borrowings. For 2025, proved reserves were 224,989 MBoe with a total pre-tax PV‑10 of $1,332,993,000, and production reached 12,882 MBoe, or 35.3 MBoe/d, from 182 gross productive wells.
Infinity Natural Resources reported strong fourth quarter and full-year 2025 results and outlined an aggressive 2026 growth plan. Fourth quarter 2025 net income was $80.4 million, with total net daily production up 93% year over year to 271.6 MMcfe/d and Adjusted EBITDAX doubling to $94.0 million.
For 2025, net income was $64.0 million and Adjusted EBITDAX reached $261.0 million, supported by 46% annual production growth to 211.8 MMcfe/d and what the company describes as top-tier margins in the Appalachian Basin. Proved reserves increased about 32% to 1.3 Tcfe (225.0 MMBoe), and PV‑10 for proved reserves was $1.33 billion.
The company completed a $350 million strategic equity investment from Quantum Capital Group and Carnelian Energy Capital and, in February 2026, closed a transformational acquisition of upstream and midstream assets in Ohio from Antero Resources and Antero Midstream. Its revolving credit facility borrowing base was increased from $375 million to $875 million. Net debt was approximately $148.0 million as of December 31, 2025 and $442.7 million as of February 28, 2026, while liquidity rose to $413.1 million by February 28.
For 2026, Infinity plans a development capital budget of $450 million to $500 million and expects total net daily production between 345 and 375 MMcfe/d, implying roughly 70% year-over-year growth at the midpoint. The program includes two rigs, 31 gross wells turned to sales across its Ohio Utica and Pennsylvania Marcellus positions, and a continued focus on both gas and liquids volumes.
Sproule David reported acquisition or exercise transactions in this Form 4 filing.
INFINITY NATURAL RESOURCES, INC. director and officer David Sproule received a grant of 130,510 Performance Stock Units (2026) at a price of $0.00 per unit. This is an equity award, not an open‑market purchase.
Each performance stock unit represents a contingent right to receive from zero to three shares of Class A common stock. Payout depends on the company’s relative and absolute total shareholder return over a performance period from January 1, 2026 through December 31, 2028, and on Sproule’s continued service through the date performance results are determined.
Arnold Zack David reported acquisition or exercise transactions in this Form 4 filing.
Infinity Natural Resources, Inc. reported that director and officer Arnold Zack David received a grant of 159,513 Performance Stock Units (2026) at a price of $0.00 per unit. Each PSU represents a contingent right to receive from zero to three shares of Class A common stock.
The actual number of shares earned will depend on the company’s relative and absolute total shareholder return over the period from January 1, 2026 to December 31, 2028, and on his continued service through the date the performance results are determined. Following this award, his reported derivative holdings in these PSUs total 159,513 units.
Gieselman Scott reported acquisition or exercise transactions in this Form 4 filing.
INFINITY NATURAL RESOURCES, INC. director Scott Gieselman received a grant of 14,211 Restricted Stock Units on March 3, 2026. Each RSU represents the right to receive one share of Class A common stock. These RSUs vest in full on March 3, 2027, conditioned on his continued service.