earnings
confidence high
sentiment positive
materiality 0.70
Infinity Natural Resources reports FY 2024 net income $49.3M; Q4 net loss $5.5M; 2025 production guidance up ~40%
INFINITY NATURAL RESOURCES, INC.
- Q4 2024 net loss of $5.5M; Adjusted EBITDAX $46.2M; production 23.3 MBoe/d (30% oil, 49% liquids).
- Full year 2024 net income $49.3M, Adjusted EBITDAX $195.7M; production 24.1 MBoe/d.
- IPO closed Feb 2025 raised $286.5M net proceeds; pro forma zero debt and $354.3M liquidity at Dec 31, 2024.
- 2025 outlook: D&C capex $240-280M, midstream capex $9-12M, production 32-35 MBoe/d (~40% YoY growth at midpoint).
- Total proved reserves 170.3 MMBoe (40% developed, 22% oil, 18% NGLs, 60% natural gas).