Infinity Natural Resources initiated with a Buy at Roth Capital

Roth Capital initiated coverage of Infinity Natural Resources (INR) with a Buy rating and $17 price target The “relatively new” public company is focused on two fronts in Appalachia, the oil-weighted Utica in Ohio and dry gas Marcellus in Southwest Pennsylvania, notes the analyst, who thinks the “unique asset split” and flexibility across commodity mix and return profile “create an interesting path forward.”