NYSE - Delayed Quote USD

Infinity Natural Resources, Inc. (INR)

21.07

+1.07

+(5.35%)

At close: January 31 at 4:00:46 PM EST

21.30

+0.23

+(1.09%)

After hours: January 31 at 7:41:39 PM EST

Infinity Natural valued at $1.3 billion in debut as US energy IPOs rebound

Infinity Natural Resources was valued at $1.30 billion after its shares jumped nearly 11% in their NYSE debut on Friday, underscoring a rebound in energy listings against the backdrop of a more fossil fuel-friendly Trump administration. President Donald Trump plans to maximize oil and gas production and had declared a national energy emergency last week to accelerate permitting of oil, gas and power projects, roll back environmental protections and withdraw the U.S. from the climate pact. The oil and natural gas producer, backed by buyout firms Pearl Energy Investments and NGP, sold 13.25 million shares within the marketed range of $18 and $21 apiece to raise $265 million.

Reuters yesterday

INR
+5.35%
Infinity Natural Resources IPO raises $265m, bringing company valuation to $1.18bn

The company launched the IPO after doubling revenue in 2024, driven by increased oil production from well acquisitions worth $279m.

Offshore Technology 2 days ago

INR
+5.35%
Utica Oil’s Infinity IPO Values its Play at $48,000 per Boe/d

Private-equity-backed Infinity Natural Resources’ IPO pricing on Jan. 30 gives a first look into market valuation for Ohio’s new tight-oil Utica play. Public trading is to begin the morning of Jan. 31.

Hart Energy 2 days ago

INR
+5.35%