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10.03.26 - 21:45
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Infinity Natural Resources Announces Fourth Quarter and Full Year 2025 Results and Provides 2026 Outlook (Business Wire)
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MORGANTOWN, W.V.--(BUSINESS WIRE)--Infinity Natural Resources, Inc. (“Infinity” or the “Company”) (NYSE: INR) today reported its fourth quarter and full year 2025 financial and operating results and provided a 2026 outlook.
Fourth Quarter 2025 & Recent Highlights
Completed transformational acquisition of upstream and midstream assets in Ohio from Antero Resources and Antero Midstream in February 2026 (the "Antero Acquisition")
Completed $350 million strategic equity investment from Quantum Capital Group (“Quantum”) and Carnelian Energy Capital (“Carnelian”)
Delivered 93% growth in total net daily production to 271.6 MMcfe/d, or 45.3 MBoe/d, in the fourth quarter 2025 compared to the fourth quarter 2024
Increased natural gas net production 129% compared to fourth quarter 2024
Reported net income of $80.4 million
Delivered 104% growth in Adjusted EBITDAX(1) to $94.0 million in the fourth quarter 2025 compared to the fourth quarter 2024, representing an Adjusted EBITDAX Margin(1) of...
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23.02.26 - 23:45
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NOG Closes Joint Ohio Utica Acquisition, Announces Upsized Credit Facility (Business Wire)
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HIGHLIGHTS
NOG closed previously announced joint acquisition of midstream and upstream interests in the Ohio Utica Shale Assets (the “Assets”) with Infinity Natural Resources (“INR”)
Revolving Credit Facility's Borrowing Base increased to ~$2.0 billion, Elected Commitment increased to $1.8 billion, adding $200 million of additional liquidity
MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced the closing of its acquisition of non-operated properties in the core of the Ohio Utica Shale, and a revised, upsized reserves-based lending facility.
UTICA SHALE ACQUISITION
On February 23, 2026, NOG closed on its previously announced joint acquisition of interests in the Ohio Utica Shale Upstream and Midstream Assets from Antero Resources Corporation and Antero Midstream Corporation (“Antero”). As previously announced, NOG acquired a 40% stake with INR increasing its stake in the joint acquisition to 60%.
The closing payment by NOG was $...
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23.02.26 - 22:09
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Infinity Natural Resources Completes Transformational $1.2 Billion Acquisition of Ohio Utica Assets (Business Wire)
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Transaction Supported by $350 Million Strategic Equity Investment from Quantum Capital Group and Carnelian Energy Capital ManagementMORGANTOWN, W.Va.--(BUSINESS WIRE)--Infinity Natural Resources, Inc. (“Infinity” or the “Company”) (NYSE: INR) today announced the successful completion of its transformational $1.2 billion acquisition of upstream and midstream assets in the Ohio Utica Shale from Antero Resources Corporation and Antero Midstream Corporation (the “Transaction”). Announced on December 8, 2025, the Transaction represents INR's acquisition of an undivided 60% interest, increased from the originally announced 51% interest following the Company's previously announced $350 million strategic equity investment from Quantum Capital Group (“Quantum”) and Carnelian Energy Capital Management (“Carnelian”) that closed simultaneously with the Transaction. In addition to using proceeds from the strategic equity investment, the Transaction was funded through Infinity's existing credit f...
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19.02.26 - 22:21
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NOG and Infinity Natural Resources Adjust Ownership Split of Pending Joint Ohio Utica Acquisition (Business Wire)
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HIGHLIGHTS
NOG and Infinity Natural Resources (“INR”) announce an ownership adjustment to the pending joint acquisition of the Ohio Utica assets (the “Utica Assets”) of Antero Resources Corporation and Antero Midstream Corporation (collectively, “Antero”)
Acquisition stake updated from original announcement, with NOG to acquire an undivided 40% interest in the Utica Assets on identical pro rata terms as originally announced, and INR to acquire an undivided 60% interest in the Utica Assets
NOG's proportionate share of the purchase price reduced to $480 million from $588 million, reflecting the updated interest
No other changes were made to previously announced post-Closing governance terms, including the area of mutual interest, joint operating or joint development agreements
MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced the adjustment of ownership splits in connection with its pending joint acquisition of Antero's Utica ...
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