CORRECTED-Infinity Natural Resources Q4 net income rises amid surge in output growth

Overview

• U.S. oil and gas producer's Q4 net income rose sharply on 93% production growth

• Adjusted EBITDAX for Q4 more than doubled yr/yr, reflecting operational gains

• Company completed major Ohio asset acquisition in Feb. 2026, and repurchased $1.2 mln in shares in Q4 2025

Outlook

• Infinity sees 2026 capital budget between $450 mln and $500 mln

• Company expects 2026 net daily production between 345 and 375 MMcfe/d

Result Drivers

• PRODUCTION GROWTH - Co attributed 93% growth in total net daily production to new well completions and expanded operations

• OPERATIONAL EFFICIENCY - Management said disciplined investments and efficiency in drilling and completions supported sustained production growth and top-tier operating margins

Company press release: ID:nBw2GXNY9a

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 9 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the oil & gas exploration and production peer group is "buy."

• Wall Street's median 12-month price target for Infinity Natural Resources Inc is $20.00, about 13.6% above its March 10 closing price of $17.60

• The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 6 three months ago

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