The stock recently traded at 3 times the next 12-month earnings, versus a P/E of 4 three months ago.
Drivers of production growth and operating execution
The company said the 75% year-over-year increase in net daily production was driven by new wells in the Ohio Utica Shale, including the first wells from recently acquired acreage.
Infinity said it rapidly incorporated newly acquired assets into its development program, supporting production growth and operational execution, according to CEO Zack Arnold.
The company said about 70% of gross natural gas production flowed through company-owned midstream assets, which it said lowered controllable costs per unit.
2026 outlook and capital budget reaffirmed
Infinity maintained its 2026 capital budget at $450 million to $500 million.
The company reaffirmed 2026 net production guidance of 345-375 MMcfe/d.
It said its strategy remains focused on capital-efficient production growth and disciplined capital allocation.