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Infinity Natural Resources Priced, NYSE: INR

US oil and natural gas producer operating in the Utica and Marcellus Shales.

Industry: Energy

Latest Trade: $19.68 0.00 (0.0%)

First Day Return: +5.4%

Return from IPO: -1.6%

We are a growth oriented, free cash flow generating, independent energy company focused on the acquisition, development, and production of hydrocarbons in the Appalachian Basin. We are focused on creating shareholder value through the identification and disciplined development of low-risk, highly economic oil and natural gas assets while maintaining a strong and flexible balance sheet. Additionally, we have proven our ability to grow our acreage position through organic leasing efforts and accretive acquisitions. We are an early mover into the core of the Utica Shale’s volatile oil window in eastern Ohio as well as the emerging dry gas Utica Shale in southwestern Pennsylvania. Our Marcellus Shale development overlays our deep dry gas Utica assets in Pennsylvania, providing highly economic stacked development inventory that leverages the same company-owned midstream infrastructure. We have amassed approximately 90,000 net surface acres with exposure to the core of these plays providing us a unique and balanced portfolio of high-return oil and natural gas drilling locations. This balance allows us to optimize our development plan across our portfolio to capitalize on changes in commodity pricing over time.
IPO Data
IPO Date 01/30/2025
Offer Price $20.00
Price Range $18.00 - $21.00
Offer Shares (mm) 13.3
Deal Size ($mm) $265
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Citi
Raymond James
more
Company Data
Headquarters Morgantown, WV, United States
Founded 2017
Employees at IPO 75
Website www.infinitynaturalresources.com

Infinity Natural Resources (INR) Performance

Created with Highcharts 10.3.2Chart context menuINR vs. IPO Index (IPOUSA)30. Jan31. Jan3. Feb4. Feb5. Feb6. Feb7. Feb10. Feb11. Feb12. Feb13. Feb14. Feb18. Feb19. Feb20. Feb21. Feb-10%0%+ 10%+ 20%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexINROur ETF tracks the IPO Index