# Infinity Natural Resources Inc. (INR)

**Exchange:** NYSE  
**Sector:** Energy  
**Market cap:** $845M  
**Price:** $13.86 (+1.99%)

> Infinity Natural Resources Inc. is an independent exploration and production company focused on the acquisition, development, and production of oil, natural gas, and natural gas liquids from unconventional reservoirs in the Appalachian Basin. The company holds significant interests in the Utica Shale Oil across approximately 63,000 net surface acres in eastern Ohio, targeting the volatile oil window, as well as Marcellus Shale Dry Gas spanning about 31,000 net surface acres and Utica Deep Dry Gas covering around 30,000 net acres in southwestern Pennsylvania. Infinity Natural Resources Inc. engages in upstream activities, including exploration and drilling, while also managing midstream assets such as gathering lines to support its operations. Its portfolio emphasizes high-quality acreage in these prolific shale plays, contributing to natural resource extraction in key U.S. energy regions. Founded in 2017 and headquartered in Morgantown, West Virginia, Infinity Natural Resources Inc. plays a vital role in the domestic oil and gas sector by developing hydrocarbon resources to meet energy demands.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $350M | — | $12M | $14M | — |
| 2024 | $258M | — | $94M | — | — |
| 2023 | $160M | — | $53M | — | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.24B | $263M | $307M | $3M | $55,000 |
| 2024 | $915M | $407M | — | $2M | $259M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $262M | — | — |
| 2024 | $178M | — | — |
| 2023 | $106M | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/INR)