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Apr 15, 2026·SEC
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Apr 14, 2026·SEC
Infinity Natural Resources, Inc.(INR)Earnings, Financials & Key Ratios
INR•NYSE
$15.67
$208M mkt cap·17.6× P/E·Price updated May 6, 2026
AboutInfinity Natural Resources, Inc. engages in the acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids from underground reservoirs in the United States. The company holds interests in the Utica Shale Oil covering an area of approximately 63,000 net surface acres located in Ohio; and the Marcellus Shale Dry Gas covering an area of approximately 31,000 net surface acres and the Utica Deep Dry Gas covering an area of 30,029 net acres situated in Pennsylvania. Infinity Natural Resources, Inc. was founded in 2017 and is based in Morgantown, West Virginia.Show more
- Revenue$60.6B+23295.3%
- EBITDA$32.03B+19026.1%
- Net Income$17.02B+34443.3%
- EPS (Diluted)0.89-76.1%
- Gross Margin47.1%-9.6%
- EBITDA Margin52.85%-18.2%
- Operating Margin45.17%+24.8%
- Net Margin28.09%+47.7%
- ROE30.09%+195.1%
- ROIC2188.58%+21627.8%
- Debt/Equity0.00-99.7%
- Interest Coverage0.56-87.2%
INR Key Insights
Infinity Natural Resources, Inc. (INR) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Excellent 3Y average ROE of 22.9%
- ✓Healthy 5Y average net margin of 37.1%
- ✓Trading at only 0.0x book value
✗Weaknesses
- ✗Weak Piotroski F-Score: 3/9
- ✗Negative free cash flow
- ✗Shares diluted 20.0% in last year
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
INR Price & Volume
Infinity Natural Resources, Inc. (INR) stock price & volume — 10-year historical chart
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INR Growth Metrics
Infinity Natural Resources, Inc. (INR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years650.85%
TTM23295.31%
Profit CAGR
10 Years-
5 Years-
3 Years529.87%
TTM34443.28%
EPS CAGR
10 Years-
5 Years-
3 Years-8.45%
TTM-76.94%
Return on Capital
10 Years18.81%
5 Years18.81%
3 Years9.88%
Last Year3.85%
INR Recent Earnings
Infinity Natural Resources, Inc. (INR) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/4 qtrs (75%)●Beat Revenue 2/4 qtrs (50%)
Q2 2026Latest
Mar 10, 2026EPS
$1.32
Est $0.65
+103.1%
Revenue
$117M
Est $109M
+7.1%
Q4 2025
Nov 10, 2025EPS
$0.65
Est $0.44
+47.7%
Revenue
$80M
Est $108M
-26.3%
Q3 2025
Aug 11, 2025EPS
$1.18
Est $0.45
+162.2%
Revenue
$74M
Est $92M
-18.8%
Q2 2025
May 12, 2025EPS
$2.27
Est $0.59
-484.7%
Revenue
$85M
Est $80M
+6.7%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 10, 2026 | $1.32vs $0.65+103.1% | $117Mvs $109M+7.1% |
| Q4 2025 | Nov 10, 2025 | $0.65vs $0.44+47.7% | $80Mvs $108M-26.3% |
| Q3 2025 | Aug 11, 2025 | $1.18vs $0.45+162.2% | $74Mvs $92M-18.8% |
| Q2 2025 | May 12, 2025 | $2.27vs $0.59-484.7% | $85Mvs $80M+6.7% |
Based on last 4 quarters of dataView full earnings history →
INR Peer Comparison
Infinity Natural Resources, Inc. (INR) competitors in U.S. natural gas shale producers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 AMR | 2.57B | 197.16 | 13.81 | -14.81% | -1.73% | -2.38% | 0.00 | |
 HCC | 4.62B | 87.54 | 81.06 | -14.12% | 9.36% | 6.44% | 0.13 | |
 ARLP | 3.3B | 25.67 | 10.61 | -10.37% | 11.35% | 13.52% | 0.26 | |
 METC | 778.96M | 15.65 | -15.19 | -19.46% | -9.59% | -10.64% | 0.04 | |
 BTU | 3.04B | 24.96 | -58.05 | -8.86% | -3.07% | -3.33% | 0.14 | |
 SXC | 615.12M | 7.25 | -13.94 | -5.07% | -3.55% | -9.88% | 1.09 | |
 CNX | 5.19B | 36.55 | 9.18 | 59.19% | 50.85% | 27.46% | 0.57 | |
 CSX | 84.69B | 45.58 | 29.60 | -3.08% | 21.55% | 23.52% | 1.47 |
Compare INR vs Peers
Infinity Natural Resources, Inc. (INR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
INR Income Statement
Infinity Natural Resources, Inc. (INR) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|
| Sales/Revenue | 143.16M | 161.73M | 259.02M | 60.6B |
| Revenue Growth % | - | 12.98% | 60.16% | 23295.31% |
| Cost of Goods Sold | 34.73M | 85.78M | 124.09M | 32.05B |
| COGS % of Revenue | 24.26% | 53.04% | 47.91% | 52.9% |
| Gross Profit | 108.43M▲ 0% | 75.95M▼ 30.0% | 134.94M▲ 77.7% | 28.54B▲ 21053.9% |
| Gross Margin % | 75.74% | 46.96% | 52.09% | 47.1% |
| Gross Profit Growth % | - | -29.95% | 77.66% | 21053.89% |
| Operating Expenses | 12.97M | 23.26M | 41.2M | 1.17B |
| OpEx % of Revenue | 9.06% | 14.38% | 15.91% | 1.94% |
| Selling, General & Admin | 12.97M | 23.26M | 41.2M | 1.17B |
| SG&A % of Revenue | 9.06% | 14.38% | 15.91% | 1.94% |
| Research & Development | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 |
| Operating Income | 95.46M▲ 0% | 52.7M▼ 44.8% | 93.74M▲ 77.9% | 27.37B▲ 29100.1% |
| Operating Margin % | 66.68% | 32.58% | 36.19% | 45.17% |
| Operating Income Growth % | - | -44.8% | 77.88% | 29100.09% |
| EBITDA | 113.8M | 106.49M | 167.46M | 32.03B |
| EBITDA Margin % | 79.49% | 65.84% | 64.65% | 52.85% |
| EBITDA Growth % | - | -6.42% | 57.25% | 19026.13% |
| D&A (Non-Cash Add-back) | 18.34M | 53.8M | 73.73M | 4.66B |
| EBIT | 70.7M | 98.58M | 70.81M | 70.97B |
| Net Interest Income | -2.57M | -11.91M | -21.53M | 10.05B |
| Interest Income | 0 | 0 | 0 | 59.06B |
| Interest Expense | 2.57M | 11.91M | 21.53M | 49.02B |
| Other Income/Expense | -27.33M | 33.98M | -44.45M | -5.42B |
| Pretax Income | 68.13M▲ 0% | 86.67M▲ 27.2% | 49.29M▼ 43.1% | 21.95B▲ 44444.1% |
| Pretax Margin % | 47.59% | 53.59% | 19.03% | 36.23% |
| Income Tax | 0 | 0 | 0 | 4.93B |
| Effective Tax Rate % | 0% | 0% | 0% | 22.45% |
| Net Income | 68.13M▲ 0% | 86.67M▲ 27.2% | 49.29M▼ 43.1% | 17.02B▲ 34443.3% |
| Net Margin % | 47.59% | 53.59% | 19.03% | 28.09% |
| Net Income Growth % | - | 27.22% | -43.13% | 34443.28% |
| Net Income (Continuing) | 68.13M | 86.67M | 49.29M | 17.02B |
| Discontinued Operations | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 1.02B |
| EPS (Diluted) | 1.16▲ 0% | 1.47▲ 26.7% | 3.72▲ 153.1% | 0.89▼ 76.1% |
| EPS Growth % | - | 26.72% | 153.06% | -76.08% |
| EPS (Basic) | 5.14 | 6.54 | 3.72 | 0.89 |
| Diluted Shares Outstanding | 59.05M | 59.05M | 13.25M | 15.9M |
| Basic Shares Outstanding | 13.25M | 13.25M | 13.25M | 15.43M |
| Dividend Payout Ratio | - | - | - | - |
INR Balance Sheet
Infinity Natural Resources, Inc. (INR) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|
| Total Current Assets | 29.08M | 70.01M | 85.57M | 111.69B |
| Cash & Short-Term Investments | 739K | 1.5M | 2.2M | 111.69B |
| Cash Only | 739K | 1.5M | 2.2M | 111.69B |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Accounts Receivable | 22.32M | 44.1M | 71.54M | 67.75M |
| Days Sales Outstanding | 56.91 | 99.52 | 100.81 | 0.41 |
| Inventory | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - |
| Other Current Assets | 6.02M | 24.41M | 11.82M | -67.75M |
| Total Non-Current Assets | 237.63M | 618.5M | 829.9M | 22.74B |
| Property, Plant & Equipment | 233.75M | 607.38M | 821.44M | 0 |
| Fixed Asset Turnover | 0.61x | 0.27x | 0.32x | - |
| Goodwill | 0 | 0 | 0 | 16.73B |
| Intangible Assets | 0 | 0 | 0 | 6.01B |
| Long-Term Investments | 2.41M | 6.17M | 0 | 2.88M |
| Other Non-Current Assets | 1.47M | 4.94M | 8.46M | -2.88M |
| Total Assets | 266.7M▲ 0% | 688.51M▲ 158.2% | 915.47M▲ 33.0% | 1.42T▲ 155041.8% |
| Asset Turnover | 0.54x | 0.23x | 0.28x | 0.04x |
| Asset Growth % | - | 158.15% | 32.96% | 155041.75% |
| Total Current Liabilities | 57.36M | 56.56M | 133.35M | 102.57M |
| Accounts Payable | 41.39M | 37.74M | 51.37M | 38.57M |
| Days Payables Outstanding | 435.02 | 160.58 | 151.1 | 0.44 |
| Short-Term Debt | 93K | 124K | 101K | 181K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 5.98M | 6K | 12.6M | 63.81M |
| Current Ratio | 0.51x | 1.24x | 0.64x | 1089.01x |
| Quick Ratio | 0.51x | 1.24x | 0.64x | 1089.01x |
| Cash Conversion Cycle | - | - | - | - |
| Total Non-Current Liabilities | 59.84M | 173.49M | 273.88M | 160.36M |
| Long-Term Debt | 58.05M | 171.12M | 259.41M | 150.86M |
| Capital Lease Obligations | 747K | 652K | 1.14M | 966K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 1.54M |
| Other Non-Current Liabilities | 1.04M | 1.72M | 13.33M | 7M |
| Total Liabilities | 117.2M | 230.05M | 407.22M | 1.31T |
| Total Debt | 58.98M | 172M | 260.9M | 152.01M |
| Net Debt | 58.25M | 170.49M | 258.69M | -111.54B |
| Debt / Equity | 0.39x | 0.38x | 0.51x | 0.00x |
| Debt / EBITDA | 0.52x | 1.62x | 1.56x | 0.00x |
| Net Debt / EBITDA | 0.51x | 1.60x | 1.54x | -3.48x |
| Interest Coverage | 37.09x | 4.42x | 4.35x | 0.56x |
| Total Equity | 149.51M▲ 0% | 458.46M▲ 206.6% | 508.24M▲ 10.9% | 112.65B▲ 22065.0% |
| Equity Growth % | - | 206.65% | 10.86% | 22065.03% |
| Book Value per Share | 2.53 | 7.76 | 38.36 | 7086.81 |
| Total Shareholders' Equity | 149.51M | 458.46M | 508.24M | 111.63B |
| Common Stock | 149.51M | 458.46M | 508.24M | -38.1B |
| Retained Earnings | 0 | 0 | 0 | 115.09B |
| Treasury Stock | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | -6.29B |
| Minority Interest | 0 | 0 | 0 | 1.02B |
INR Cash Flow Statement
Infinity Natural Resources, Inc. (INR) cash flow — operating, investing & free cash flow history
| Line item | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|
| Cash from Operations | 64.98M | 106.47M | 177.67M | -17.89B |
| Operating CF Margin % | 45.39% | 65.83% | 68.59% | -29.52% |
| Operating CF Growth % | - | 63.87% | 66.86% | -10168.89% |
| Net Income | 68.13M | 86.67M | 49.29M | 17.02B |
| Depreciation & Amortization | 18.34M | 53.8M | 73.73M | 4.66B |
| Stock-Based Compensation | 0 | 0 | 0 | 1.93B |
| Deferred Taxes | 0 | 0 | 0 | 561M |
| Other Non-Cash Items | -12.81M | -25.01M | 52.57M | -42.07B |
| Working Capital Changes | -8.68M | -8.98M | 2.09M | 9.75M |
| Change in Receivables | -9.07M | -21.77M | -27.45M | 3.79M |
| Change in Inventory | 0 | 0 | 0 | 0 |
| Change in Payables | -2.16M | 7.57M | 16.37M | 743K |
| Cash from Investing | -95.66M | -436.69M | -256.12M | -46.78B |
| Capital Expenditures | -95.66M | -436.69M | -256.12M | -430.17M |
| CapEx % of Revenue | 66.82% | 270.01% | 98.88% | 0.71% |
| Acquisitions | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - |
| Other Investing | 0 | 0 | 0 | -44.67B |
| Cash from Financing | 29M | 330.98M | 79.15M | 67.76B |
| Debt Issued (Net) | 29.91M | 112.95M | 88.27M | -109.25M |
| Equity Issued (Net) | 0 | 1000K | 500K | 1000K |
| Dividends Paid | 0 | 0 | 0 | -6.59B |
| Share Repurchases | 0 | 0 | 0 | 0 |
| Other Financing | -908K | -4.26M | -9.62M | 74.17B |
| Net Change in Cash | -1.69M▲ 0% | 765K▲ 145.3% | 699K▼ 8.6% | 6.31B▲ 902475.1% |
| Free Cash Flow | -30.68M▲ 0% | -330.21M▼ 976.1% | -78.45M▲ 76.2% | -17.89B▼ 22702.5% |
| FCF Margin % | -21.43% | -204.17% | -30.29% | -29.52% |
| FCF Growth % | - | -976.13% | 76.24% | -22702.48% |
| FCF per Share | -0.52 | -5.59 | -5.92 | -1125.38 |
| FCF Conversion (FCF/Net Income) | 0.95x | 1.23x | 3.60x | -1.05x |
| Interest Paid | 2.18M | 10.14M | 19.2M | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 |
INR Key Ratios
Infinity Natural Resources, Inc. (INR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Return on Equity (ROE) | 45.57% | 28.51% | 10.2% | 30.09% |
| Return on Invested Capital (ROIC) | - | 9.45% | 10.07% | 2188.58% |
| Gross Margin | 75.74% | 46.96% | 52.09% | 47.1% |
| Net Margin | 47.59% | 53.59% | 19.03% | 28.09% |
| Debt / Equity | 0.39x | 0.38x | 0.51x | 0.00x |
| Interest Coverage | 37.09x | 4.42x | 4.35x | 0.56x |
| FCF Conversion | 0.95x | 1.23x | 3.60x | -1.05x |
| Revenue Growth | - | 12.98% | 60.16% | 23295.31% |
INR SEC Filings & Documents
Infinity Natural Resources, Inc. (INR) SEC filings — annual & quarterly reports (10-K, 10-Q)
INR Frequently Asked Questions
Infinity Natural Resources, Inc. (INR) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Infinity Natural Resources, Inc. (INR) reported $319.2M in revenue for fiscal year 2025. This represents a 123% increase from $143.2M in 2022.
Infinity Natural Resources, Inc. (INR) grew revenue by 23295.3% over the past year. This is strong growth.
Yes, Infinity Natural Resources, Inc. (INR) is profitable, generating $17.02B in net income for fiscal year 2025 (28.1% net margin).
Dividend & Returns
Yes, Infinity Natural Resources, Inc. (INR) pays a dividend with a yield of 100.00%. This makes it attractive for income-focused investors.
Infinity Natural Resources, Inc. (INR) has a return on equity (ROE) of 30.1%. This is excellent, indicating efficient use of shareholder capital.
Infinity Natural Resources, Inc. (INR) had negative free cash flow of $17.89B in fiscal year 2025, likely due to heavy capital investments.
Explore More INR
Infinity Natural Resources, Inc. (INR) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
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Dividend History
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Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates