Infinity Natural Resources (INR)
Produces oil, natural gas, and NGLs across Appalachian shale assets.
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Produces crude oil, natural gas, and NGLs from Appalachian Basin shale assets, with activity centered on Ohio Utica oil and Pennsylvania Marcellus and Utica dry gas. Operates one exploration and production segment and depends on commodity prices, drilling execution, midstream access, permits, and basin concentration.
Acquires, develops, and produces crude oil, natural gas, and NGLs from Appalachian Basin shale reservoirs. The operating footprint centers on Ohio Utica oil and Pennsylvania Marcellus and Utica dry gas, with sales tied to U.S. customers and one reportable exploration and production segment.
Uses a basin-concentrated model from Morgantown, close to current operations and future drilling sites. The company has built its public profile around Appalachian operating experience, local partnerships, safety, environmental stewardship, and development of unconventional reserves.
Results are shaped by commodity prices, reserve estimates, drilling timing, access to capital, gathering and transportation capacity, permits, environmental obligations, and the integration of recently acquired Ohio Utica upstream and midstream assets.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jul 8, 2026 | Stephens | Target | Target: — | Target: $23 |
| Jul 8, 2026 | Raymond James | Reiterate | Rating: —Target: $23 | Target: $26 |
| Dec 9, 2025 | Roth Capital | Reiterate | Rating: —Target: $17 | Target: $18 |
| Nov 12, 2025 | Keybanc | Reiterate | Rating: —Target: — | Target: $19 |
| Oct 13, 2025 | Roth Capital | Target | Target: — | Target: $17 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $160.14B · Total debt $540.0M · Total assets $2.19B · Shareholders' equity $742.5M
- Revenue
- $171.0M
- Operating income
- $70.5M
- Net income
- $31.8M
No dividends on record.
| Institutions | 7,244.37% | 1.36B shares | |
|---|---|---|---|
| 2,848 holders · as of Jun 30, 2026 | |||
| Insiders | 2.20% | 412.4K shares | |
| 8 holders · as of Jun 18, 2026 | |||
| Strategic holders | 90.22% | 16.92M shares | |
| 5 holders · as of Aug 14, 2026 | |||
| Adds to | 7,336.79% | ||
18.75M company shares as of Sep 7, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (1.57B in the company's Sep 22, 2026 report, 18.75M elsewhere); stakes use the report.
These groups come from separate filings that can overlap, so they add to 7,336.79%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Mitsubishi UFJ Financial Group IncInstitution | 2,010.95% | 377.09M | as of Jun 30, 2026 |
State Street CorpInstitution | 530.95% | 99.56M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 506.09% | 94.90M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 414.37% | 77.70M | as of Jun 30, 2026 |
JPMorgan Chase & CoInstitution | 236.58% | 44.36M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 17, 2026 | Scott Gieselman | director | +10,000 | $12.94 |
| Jun 11, 2026 | William J. Quinn | director, 10 percent owner: | +11,497 | $13.20 |
| Jun 12, 2026 | Steven D. Gray | director | +25,000 | $12.81 |
| Jun 10, 2026 | David P. Poole | director | +7,500 | $14.00 |
| Jun 11, 2026 | David P. Poole | director | +4,000 | $13.50 |
- EQT
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- Antero Resources
Appalachian gas and NGL peer with West Virginia Marcellus depth
- CNX Resources
Southwest Pennsylvania gas peer with Marcellus/Utica focus
- Range Resources
Pennsylvania Marcellus producer with gas and NGL overlap
- Expand Energy
Large gas producer spanning Northeast and Southwest Appalachia
- Gulfport Energy
Eastern Ohio Utica and Marcellus producer with gas-weighted output
CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Infinity Natural Resources | $13.03 | 0.00% | $238.9M | 5.5 | 4.5 | 0.5 | +129.6% |
| EQT | $50.81 | −0.06% | $31.36B | 11.0 | 15.5 | 3.4 | −29.2% |
| Antero Resources | $34.42 | +0.01% | $10.44B | 9.8 | 8.1 | 1.9 | +29.6% |
| CNX Resources | $32.81 | −0.02% | $4.85B | 5.4 | 9.8 | 2.0 | −35.7% |
| Range Resources | $38.32 | 0.00% | $8.84B | 10.4 | 10.5 | 2.7 | +19.1% |
| Expand Energy | $87.23 | +0.23% | $20.29B | 7.6 | 11.0 | 1.5 | −19.8% |
| Gulfport Energy | $158.50 | −0.06% | $2.81B | 6.2 | 6.4 | 1.9 | +3.8% |
| Median | 8.7 | 10.1 | 2.0 | −8.0% |