MORGANTOWN, W. Va.–(BUSINESS WIRE)–Infinity Natural Resources, Inc. announced today the launch of its initial public offering of 13,250,000 shares of Class A common stock, par value $0.01 per share, at an anticipated initial public offering price between $18.00 and $21.00 per share of Common Stock. Infinity will also grant the underwriters an option to purchase up to an additional 1,987,500 shares of Common Stock at the initial public offering price, less underwriting discounts and commissions. Infinity has been authorized to list its shares of Common Stock on the New York Stock Exchange under the ticker symbol “INR,” subject to official notice of issuance.
About Infinity
Infinity is a growth oriented, free cash flow generating, independent energy company focused on the acquisition, development, and production of hydrocarbons in the Appalachian Basin. Our operations are focused on the volatile oil window of the Utica Shale in eastern Ohio as well as our stacked dry gas assets in both the Marcellus and Utica Shales in southwestern Pennsylvania.
