NYSE: INR INFINITY NATURAL RESOURCES, INC. 8-K

Infinity Natural Resources reports $57.5M Q2 derivative gain on $63.9M unrealized mark-to-market

Filed July 17, 2026 · Period ending July 17, 2026 · ~1 min read

Key Changes

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Q2 2026 derivative results: $6.4M realized cash losses on settled hedges, offset by $63.9M unrealized mark-to-market gains, for $57.5M net gain. Unrealized gains reflect revaluation of open positions, not cash flow.

Exhibit 99.1 view on EDGAR →
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Natural gas hedge portfolio totals 159.5M MMBtu through 2030 with $37.6M positive fair value; weighted average swap prices decline from $4.04/MMBtu (2026) to $3.56/MMBtu (2030).

Exhibit 99.1 view on EDGAR →
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Oil hedges: 4.1M barrels in swaps (negative $4.9M fair value) and 532K barrels in collars (positive $3.0M fair value) through 2028. 2026-2027 swaps underwater; 2028 swaps in-the-money.

Exhibit 99.1 view on EDGAR →
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Basis differential swaps (91.5M MMBtu, negative $8.9M fair value) and NGL swaps (3.0M barrels, positive $5.1M fair value) hedge regional pricing and NGL volatility through 2028.

Exhibit 99.1 view on EDGAR →
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Exhibit 99.1 view on EDGAR →

Summary

Infinity Natural Resources disclosed preliminary second quarter 2026 derivative results showing a $57.5 million net gain, driven by $63.9 million in unrealized mark-to-market gains that more than offset $6.4 million in realized cash losses from settled commodity hedges.

The unrealized gains reflect the periodic revaluation of open derivative positions using prevailing forward commodity price curves and do not represent current cash inflows. The realized losses stem from cash settlements on crude oil, natural gas, NGL, and basis differential contracts. The company provided detailed tables of its open hedge portfolio as of June 30, 2026.

Natural gas hedges are the largest component: 159.5 million MMBtu of NYMEX swaps extending through 2030 with a $37.6 million positive fair value, indicating the hedges are in-the-money at current forward curves. Oil hedges total 4.6 million barrels through 2028, split between swaps (underwater in 2026-2027, in-the-money in 2028) and collars. Basis differential and NGL swaps provide additional protection against regional pricing and liquids volatility. The hedge portfolio gives retail investors visibility into the company's commodity price risk management through 2030, with the natural gas book representing substantial locked-in price protection. All figures are preliminary and subject to change pending completion of financial closing procedures.

Section-by-Section Diff

Event · Exhibit 99.1

~2,000 words View exhibit on EDGAR ↗

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Added Open derivative portfolio as of June 30, 2026 medium

Added in current filing · view on EDGAR →

The following tables summarize Infinity’s open derivative contracts scheduled to settle after June 30, 2026. Swaps | Collars | Volume | Weighted Average Price | Fair Value as of June 30, 2026 | Volume | Weighted Average Ceiling Price | Weighted Average Floor Price | Fair Value as of June 30, 2026 | Oil (WTI) | (in MBbls) | ($ per Bbl) | (in thousands) | (in MBbls) | ($ per Bbl) | ($ per Bbl) | (in thousands) | 2026 | 1,480 | $ 63.51 | $ (7,652) | 182 | $ 78.00 | $ 70.00 | $ 669 | 2027 | 1,710 | $ 65.08 | $ (2,372) | 350 | $ 84.60 | $ 70.00 | $ 2,362 | 2028 | 884 | $ 70.87 | $ 5,088 | — | — | — | — | 2029 | — | — | — | — | — | — | — | 2030 | — | — | — | — | — | — | — | Total | 4,074 | $ (4,937) | 532 | $ 3,031

Infinity disclosed its open oil hedge portfolio as of June 30, 2026, consisting of 4,074 MBbls in swaps (weighted average $65.51/Bbl, fair value negative $4.9 million) and 532 MBbls in collars (ceiling $84.60, floor $70.00, fair value positive $3.0 million). The swaps extend through 2028, with 2026-2027 positions underwater and 2028 positions in-the-money. The collars cover 2026-2027 production. This provides transparency into the company's oil price risk management through 2028.

Added Natural gas hedge portfolio high

Added in current filing · view on EDGAR →

Swaps | Volume | Weighted Average Price | Fair Value as of June 30, 2026 | Natural Gas (NYMEX) | (in MMBtu) | ($ per MMBtu) | (in thousands) | 2026 | 23,563,000 | $ 4.04 | $ 14,979 | 2027 | 44,334,000 | $ 3.91 | $ 19,994 | 2028 | 35,370,000 | $ 3.76 | $ 2,863 | 2029 | 29,970,000 | $ 3.61 | $ (520) | 2030 | 26,310,000 | $ 3.56 | $ 283 | Total | 159,547,000 | $ 37,599

Infinity disclosed 159.5 million MMBtu of natural gas NYMEX swaps extending through 2030, with a total fair value of $37.6 million. The weighted average swap prices decline from $4.04/MMBtu in 2026 to $3.56/MMBtu in 2030. All years except 2029 show positive fair values, indicating the hedges are in-the-money. This represents substantial natural gas price protection across a five-year horizon, with the largest volumes hedged in 2027 (44.3 million MMBtu).

Added Basis differential and NGL hedges medium

Added in current filing · view on EDGAR →

Swaps | Volume | Weighted Average Price | Fair Value as of June 30, 2026 | Natural Gas (Basis) | (in MMBtu) | ($ per MMBtu) | (in thousands) | 2026 | 28,869,000 | $ (0.98) | $ (6,053) | 2027 | 29,537,000 | $ (0.62) | $ (1,749) | 2028 | 33,086,250 | $ (0.51) | $ (1,124) | 2029 | — | — | — | 2030 | — | — | — | Total | 91,492,250 | $ (8,926) | Swaps | Volume | Weighted Average Price | Fair Value as of June 30, 2026 | NGLs | (in Mbbls) | ($ per Bbl) | (in thousands) | 2026 | 1,249,643 | $ 36.13 | $ 1,890 | 2027 | 1,644,857 | $ 33.68 | $ 2,897 | 2028 | 83,571 | $ 57.96 | $ 274 | 2029 | — | — | — | 2030 | — | — | — | Total | 2,978,071 | $ 5,061

Infinity disclosed natural gas basis differential swaps totaling 91.5 million MMBtu through 2028 with a negative $8.9 million fair value, reflecting hedges on regional price differentials. The company also holds NGL swaps covering 3.0 million barrels through 2028 with a positive $5.1 million fair value, weighted average prices ranging from $33.68 to $57.96 per barrel. These hedges protect against basis risk (local vs. benchmark pricing) and NGL price volatility, complementing the NYMEX natural gas hedges.

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Added Preliminary and unaudited disclosure low

Added in current filing · view on EDGAR →

The information in this press release related to second quarter 2026 financial and operating information is preliminary and unaudited and is based on estimates and subject to completion of the Company’s financial closing procedures. Final amounts for the three months ended June 30, 2026 will be reported in the Company’s Quarterly Report on Form 10-Q for the period ended June 30, 2026 or in the corresponding earnings release. Such information has been prepared by management solely based on currently available information. The preliminary information does not represent and is not a substitute for a comprehensive statement of financial and operating results, and the Company’s actual results may differ materially from these estimates because of final adjustments, the completion of the Company’s financial closing procedures, and other developments after the date of this release.

Infinity cautioned that all Q2 2026 derivative figures disclosed are preliminary, unaudited estimates subject to change. Final amounts will be reported in the 10-Q or earnings release. Actual results may differ materially due to closing adjustments and procedures. This is standard disclosure for early-release financial information before quarter-end close is complete.

Event · Item 2.02 — Results of Operations and Financial Condition

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Infinity Natural Resources issued preliminary Q2 2026 financial and operating results via press release.

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Added Q2 2026 preliminary results medium

Added in current filing · verify on EDGAR →

On July 17, 2026, Infinity Natural Resources, Inc. (the “Company”) issued a press release that includes preliminary financial and operating results for the second quarter of 2026.

The company disclosed preliminary financial and operating results for the second quarter of 2026 through a press release. The 8-K body does not provide specific figures or metrics; those details are contained in the attached press release exhibit. This is a standard earnings pre-announcement filing.