Infinity Natural Resources Q2 FY26 net income drops to $108 million; adjusted EBITDAX more than doubles to $114.7 million - INR News | RalliesInfinity Natural Resources Q2 FY26 net income drops to $108 million; adjusted EBITDAX more than doubles to $114.7 million
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INR• Quarterly results and operating update
- Infinity Natural Resources posted Q2 2026 net income of $108 million, or $0.88 per diluted Class A share.
- Net daily production rose 75% from a year earlier to 348 MMcfe/d, including a 73% increase in gas to 217 MMcf/d.
- Oil output more than doubled to 12 Mbbls/d; adjusted EBITDAX (non-GAAP) more than doubled 131% to $114.7 million, with margin $3.62/Mcfe.
- Net cash from operating activities climbed 136% from Q1 to $137.9 million; development capital expenditures totaled $129.1 million.
- The company turned 10 Ohio Utica wells into sales and spudded nine.
- Infinity reaffirmed 2026 production guidance of 345-375 MMcfe/d with $450-$500 million in development capex.
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