AI-extracted from the 10-Q filed 2026-08-10 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Oil, natural gas and NGL sales rose 135% YoY to $170.4M as production climbed 75% to 348,495 Mcfe/d on the Antero Acquisition and 30 new wells.
Biggest Revenue Drivers
Oil sales$96.6M+206% YoY
Oil volumes up 102% from placing 23 wells into service in Ohio; realized oil price up 51% to $85.41/Bbl on higher NYMEX WTI
Natural gas sales$46.1M+51% YoY
Gas volumes up 73% on new Ohio and Pennsylvania wells and a full quarter from Antero-acquired wells, offset by a 12% lower realized price
Biggest Revenue Drivers
Total revenue: $170.4M+135% YoY
Oil sales$96.6M+206% YoY
Oil volumes up 102% from placing 23 wells into service in Ohio; realized oil price up 51% to $85.41/Bbl on higher NYMEX WTI
Natural gas sales$46.1M+51% YoY
Gas volumes up 73% on new Ohio and Pennsylvania wells and a full quarter from Antero-acquired wells, offset by a 12% lower realized price
Natural gas liquids sales$27.7M+165% YoY
NGL volumes up 57% and price up 70% due to gas compositional changes alongside strengthened oil, as Middle East disruptions tightened global LPG balances
Largest Expense Items
Depreciation, depletion and amortization$44.4M+88% YoY
Increase in overall production volumes, producing an average DD&A rate of $1.40 per Mcfe
Gathering, processing and transportation$29.4M+103% YoY
Higher volumes, increased gathering and processing rates, and roughly $7.5M of firm transportation expense assumed in the Antero Acquisition
General and administrative$12.4M+136% YoY
Antero Acquisition integration expenses, higher headcount and $3.0 million of non-cash compensation expense
Lease operating$10.0M+80% YoY
Semi-variable well costs — water disposal, rentals, repairs, chemicals, labor and electricity — from a higher well count
Margins: Operating income was $70.5M versus $21.7M a year ago. Total operating expenses rose to $3.17 per Mcfe from $2.92, with GP&T per Mcfe up to $0.93 from $0.80 on assumed firm transportation costs.
Watch Items from the Filing
Three customers each exceeded 10% of total revenues for the three and six months ended June 30, 2026.
Disclosure controls and procedures were concluded not effective because of material weaknesses in internal control over financial reporting described in the 2025 Form 10-K.
February 2026 firm transportation agreement commits 300,000 dth/d through January 2030, then 100,000 dth/d through January 2035, with fixed charges payable regardless of utilization.
Long-term debt reached $538.2M including $550M of 7.625% Notes due 2031, plus $343.6M Series A Preferred paying 8% rising to 12% after year five.
No borrowings outstanding under the Credit Facility, leaving approximately $875.0 million of available borrowing capacity at June 30, 2026.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Gallagher Katherine MayReporting ownerOption exercise · Mar 17, 2026
Wolfe RaleighReporting ownerShares withheld for tax or exercise price · Mar 17, 2026
About INFINITY NATURAL RESOURCES, INC. (INR): stock profile, AI score and financials
INFINITY NATURAL RESOURCES, INC. (INR) stock profile, AI quality score, and SEC EDGAR financial data, a Energy sector company. 13F Pro's AI-powered ranking engine scores INR at 72.5/100 on a composite quality score built from its SEC filings, placing it at rank #151 of 2,925 stocks — the top 10% of the AI-ranked universe. INR scores in the top quartile across free cash flow (96.3), institutional flow (93.8), revenue growth (90.7). Areas of concern include revenue scale (38.0), which score below median versus the broader universe. Shareholder dilution risk is elevated at 5.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), INFINITY NATURAL RESOURCES, INC. reports quarterly revenue of $171.0M, net income of $31.8M, an operating margin of 41.2%. Top institutional holders of INR by reported 13-F value include FRANKLIN RESOURCES, WESTWOOD GROUP, AMERICAN CENTURY COMPANIES, based on the most recent SEC filings. INR trades on the NYSE exchange and files with the SEC under CIK 2029118. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate INR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for INFINITY NATURAL RESOURCES, INC. directly from SEC EDGAR.