Infinity Natural Resources reports Q3 EPS 67c, consensus 46c

Reports Q3 revenue $79.7M, consensus $85.8M. “We delivered exceptional operational performance in the third quarter, with production averaging 36.0 MBoe/d, representing 39% total production growth and 70% natural gas production growth compared to the third quarter 2024,” said Zack Arnold, President & CEO of Infinity. “Our production growth was driven by bringing ten wells online during the quarter, the most in Company history, in a nearly balanced mix between oil-weighted wells in the Ohio Utica and natural gas wells in the Pennsylvania Marcellus. The turn in lines led to a Company single day net production record of 47.9 MBoe/d in October, continuing to elevate our position as a leading oil and natural gas producer in the Appalachian Basin. We continue to have success in the ground game, adding approximately 3,000 net acres this quarter and approximately 4,300 net acres year to date. These acres are important as they have increased our working interest ahead of the drill bit in our active projects and enhance future development potential.”