Infinity Reaffirms 2026 Capital and Production Guidance
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 12 2026
0mins
Infinity is reaffirming its 2026 capital & production guidance from its fourth quarter earnings press release. Infinity's capital budget for 2026 is $450 million to $500 million related to development activities, including D&C and midstream. Net production is expected to be between 345 and 375 MMcfe/d for 2026, with natural gas expected to be between 235 and 255 MMcfe/d and oil and liquids expected to be between 18 and 20 Mbbls/d.
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Analyst Views on INR
Wall Street analysts forecast INR stock price to rise
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 13.770
Low
18.00
Averages
20.60
High
26.00
Current: 13.770
Low
18.00
Averages
20.60
High
26.00
About INR
Infinity Natural Resources, Inc. is an independent energy company. It is focused on the acquisition, development, and production of hydrocarbons in the Appalachian Basin. Its properties include Utica Shale Oil-Ohio, and Marcellus Shale Dry Gas and Utica Deep Dry Gas-Pennsylvania. Its activities are focused on developing its Ohio properties, which are centered in the volatile oil window of the Utica Shale. Its Pennsylvania properties are predominately located to the northeast of Pittsburgh in Westmoreland, Armstrong and Indiana counties. It has expanded its leasehold position through a series of subsequent acquisitions and has over 30,250 net surface acres with exposure to both Marcellus and Utica Shales and operates 13 producing horizontal wells and three drilled and uncompleted wells. It maintains an inventory of 120 and 66 undeveloped Marcellus and Utica locations in Pennsylvania. Its Pennsylvania acreage overlays the dry gas Utica Shale, providing 66 highly prospective locations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Infinity Natural Resources Q1 2026 Earnings Call Insights
- Acquisition Impact: Infinity completed the Antero acquisition in Q1 2026, increasing its operated well count from 154 to 395 and expanding its pipeline system to over 250 miles, significantly enhancing production scale and market competitiveness.
- Production Milestone: The company averaged net production of 299 million cubic feet of gas per day this quarter, stimulating 11 wells and drilling 10 to total depth, setting a new company record that underscores its strong operational execution in the oil and gas sector.
- Strong Financial Performance: Revenues for the quarter were approximately $155 million with adjusted EBITDA of $97 million, and despite challenges from extremely cold weather, cash operating costs were $1.43 per Mcfe, reflecting the company's ongoing cost control efforts amidst external pressures.
- Optimistic Outlook: Management anticipates net production for 2026 to average between 345 and 375 MMcfe per day, with development capital expenditures expected to range from $450 million to $500 million, demonstrating confidence in future growth and strategic positioning.
See More
Infinity Natural Resources Q1 Earnings Report Analysis
- Earnings Performance: Infinity Natural Resources reported a Q1 GAAP EPS of -$0.35, missing expectations by $1.08, indicating challenges in profitability that could affect investor confidence.
- Revenue Growth: The company achieved Q1 revenue of $154.87M, an 81.8% year-over-year increase, surpassing market expectations by $15.45M, demonstrating significant progress in market demand and sales strategies.
- Debt Financing Plan: Infinity Natural Resources announced a plan to issue $500M in senior notes aimed at enhancing liquidity and supporting future expansion strategies, although this may increase the company's financial leverage.
- Market Reaction: Despite strong revenue growth, the significant EPS miss may dampen market confidence in the company's future performance, prompting investors to closely monitor subsequent financial adjustments and strategic execution.
See More
Infinity Natural Resources to Report Q1 2026 Financial Results on May 12
- Earnings Report Schedule: Infinity Natural Resources will release its Q1 2026 financial and operational results after market close on May 12, 2026, reflecting the company's commitment to transparency and information disclosure.
- Conference Call Timing: Management will host a conference call on May 13, 2026, at 10:00 a.m. ET to discuss the results, aiming to enhance investor understanding and confidence in the company's performance.
- Participation Details: Investors can join the call by registering via the provided link and dialing +1 585 542 9983 or +1 833 461 5787 using Meeting ID: 805823647, ensuring smooth information transmission.
- Replay Availability: A replay of the call will be available approximately two hours after the live event and will remain accessible for 14 days, enhancing ongoing investor engagement and awareness of company developments.
See More
Infinity Natural Resources Reports $65 Million Derivative Losses for Q1 2026
- Derivative Loss Overview: Infinity Natural Resources reported realized losses of approximately $18 million for Q1 2026 due to settled derivative contracts, primarily linked to cash settlements associated with crude oil and natural gas prices, highlighting the company's vulnerability amid market volatility.
- Impact of Unrealized Losses: Additionally, the company recorded non-cash unrealized losses of about $47 million in its outstanding derivative portfolio, arising from the revaluation of open positions at the end of the reporting period, indicating insufficient risk management in fluctuating markets.
- Total Loss Analysis: The combined effect of realized settlements and unrealized valuation changes resulted in estimated total derivative losses of approximately $65 million for the quarter, underscoring significant financial pressure on the company that could impact future capital operations.
- Strategic Implications: These derivative contracts were executed under a board-approved hedging strategy; however, such substantial losses may compel the company to reassess the effectiveness of its hedging strategy to ensure future financial stability and sustainable growth.
See More
Infinity Natural Resources Reports $65 Million Derivative Losses in Q1 2026
- Derivative Loss Overview: Infinity Natural Resources reported approximately $18 million in realized losses from derivative contracts in Q1 2026, reflecting cash settlements tied to financial contracts linked to crude oil and natural gas prices, indicating the company's vulnerability amid market volatility.
- Unrealized Loss Impact: Additionally, the company recorded about $47 million in unrealized losses within its derivative portfolio, arising from the revaluation of open positions, highlighting the potential threats posed by changing market conditions to the company's financial health.
- Total Loss Assessment: The combined effect of cash settlements and unrealized losses resulted in an estimated total derivative loss of approximately $65 million for the quarter, underscoring the challenges the company faces in risk management, which may influence future investment decisions.
- Hedging Strategy Context: These derivative contracts were executed under a board-approved hedging strategy; however, the substantial losses may raise investor concerns regarding the company's financial stability, potentially impacting its stock performance.
See More
Indian Rupee Rises Following US-Iran Ceasefire Announcement Amid Improved Risk Sentiment
USD Market Reaction: The US dollar weakened following Trump's announcement of a two-week ceasefire between the US and Iran, leading to improved risk sentiment and expectations of rate cuts by the Federal Reserve.
Indian Rupee Performance: The Indian rupee strengthened due to the dollar's decline and positive market sentiment, although the RBI maintained interest rates and downgraded growth forecasts amid inflation concerns.
USDINR Technical Analysis: The USDINR pair fell below its upper channel bound, indicating potential for further correction, with sellers expected to target new lows unless buyers can push prices back above the trendline.
Upcoming Economic Indicators: Key economic data releases are anticipated, including FOMC meeting minutes, US PCE price index, jobless claims, CPI report, and consumer sentiment survey, alongside US-Iran negotiations.
See More
Infinity Natural Resources Q1 2026 Earnings Call Insights
- Acquisition Impact: Infinity completed the Antero acquisition in Q1 2026, increasing its operated well count from 154 to 395 and expanding its pipeline system to over 250 miles, significantly enhancing production scale and market competitiveness.
- Production Milestone: The company averaged net production of 299 million cubic feet of gas per day this quarter, stimulating 11 wells and drilling 10 to total depth, setting a new company record that underscores its strong operational execution in the oil and gas sector.
- Strong Financial Performance: Revenues for the quarter were approximately $155 million with adjusted EBITDA of $97 million, and despite challenges from extremely cold weather, cash operating costs were $1.43 per Mcfe, reflecting the company's ongoing cost control efforts amidst external pressures.
- Optimistic Outlook: Management anticipates net production for 2026 to average between 345 and 375 MMcfe per day, with development capital expenditures expected to range from $450 million to $500 million, demonstrating confidence in future growth and strategic positioning.
See More
Infinity Natural Resources Q1 Earnings Report Analysis
- Earnings Performance: Infinity Natural Resources reported a Q1 GAAP EPS of -$0.35, missing expectations by $1.08, indicating challenges in profitability that could affect investor confidence.
- Revenue Growth: The company achieved Q1 revenue of $154.87M, an 81.8% year-over-year increase, surpassing market expectations by $15.45M, demonstrating significant progress in market demand and sales strategies.
- Debt Financing Plan: Infinity Natural Resources announced a plan to issue $500M in senior notes aimed at enhancing liquidity and supporting future expansion strategies, although this may increase the company's financial leverage.
- Market Reaction: Despite strong revenue growth, the significant EPS miss may dampen market confidence in the company's future performance, prompting investors to closely monitor subsequent financial adjustments and strategic execution.
See More
Infinity Natural Resources to Report Q1 2026 Financial Results on May 12
- Earnings Report Schedule: Infinity Natural Resources will release its Q1 2026 financial and operational results after market close on May 12, 2026, reflecting the company's commitment to transparency and information disclosure.
- Conference Call Timing: Management will host a conference call on May 13, 2026, at 10:00 a.m. ET to discuss the results, aiming to enhance investor understanding and confidence in the company's performance.
- Participation Details: Investors can join the call by registering via the provided link and dialing +1 585 542 9983 or +1 833 461 5787 using Meeting ID: 805823647, ensuring smooth information transmission.
- Replay Availability: A replay of the call will be available approximately two hours after the live event and will remain accessible for 14 days, enhancing ongoing investor engagement and awareness of company developments.
See More
Infinity Natural Resources Reports $65 Million Derivative Losses for Q1 2026
- Derivative Loss Overview: Infinity Natural Resources reported realized losses of approximately $18 million for Q1 2026 due to settled derivative contracts, primarily linked to cash settlements associated with crude oil and natural gas prices, highlighting the company's vulnerability amid market volatility.
- Impact of Unrealized Losses: Additionally, the company recorded non-cash unrealized losses of about $47 million in its outstanding derivative portfolio, arising from the revaluation of open positions at the end of the reporting period, indicating insufficient risk management in fluctuating markets.
- Total Loss Analysis: The combined effect of realized settlements and unrealized valuation changes resulted in estimated total derivative losses of approximately $65 million for the quarter, underscoring significant financial pressure on the company that could impact future capital operations.
- Strategic Implications: These derivative contracts were executed under a board-approved hedging strategy; however, such substantial losses may compel the company to reassess the effectiveness of its hedging strategy to ensure future financial stability and sustainable growth.
See More
Infinity Natural Resources Reports $65 Million Derivative Losses in Q1 2026
- Derivative Loss Overview: Infinity Natural Resources reported approximately $18 million in realized losses from derivative contracts in Q1 2026, reflecting cash settlements tied to financial contracts linked to crude oil and natural gas prices, indicating the company's vulnerability amid market volatility.
- Unrealized Loss Impact: Additionally, the company recorded about $47 million in unrealized losses within its derivative portfolio, arising from the revaluation of open positions, highlighting the potential threats posed by changing market conditions to the company's financial health.
- Total Loss Assessment: The combined effect of cash settlements and unrealized losses resulted in an estimated total derivative loss of approximately $65 million for the quarter, underscoring the challenges the company faces in risk management, which may influence future investment decisions.
- Hedging Strategy Context: These derivative contracts were executed under a board-approved hedging strategy; however, the substantial losses may raise investor concerns regarding the company's financial stability, potentially impacting its stock performance.
See More
Indian Rupee Rises Following US-Iran Ceasefire Announcement Amid Improved Risk Sentiment
USD Market Reaction: The US dollar weakened following Trump's announcement of a two-week ceasefire between the US and Iran, leading to improved risk sentiment and expectations of rate cuts by the Federal Reserve.
Indian Rupee Performance: The Indian rupee strengthened due to the dollar's decline and positive market sentiment, although the RBI maintained interest rates and downgraded growth forecasts amid inflation concerns.
USDINR Technical Analysis: The USDINR pair fell below its upper channel bound, indicating potential for further correction, with sellers expected to target new lows unless buyers can push prices back above the trendline.
Upcoming Economic Indicators: Key economic data releases are anticipated, including FOMC meeting minutes, US PCE price index, jobless claims, CPI report, and consumer sentiment survey, alongside US-Iran negotiations.
See More
