Roth Capital Highlights Strategic Expansion for Infinity Natural Resources (INR) Following Ohio Utica Acquisition

Infinity Natural Resources Inc. (NYSE:INR) is one of the best young stocks to buy and hold for 3 years. On December 9, Roth Capital raised the firm’s price target on Infinity Natural Resources to $18 from $17 with a Buy rating on the shares. The firm believes that the company’s recent Ohio Utica deal is a compelling expansion. By acquiring midstream operations and under-utilized drilling assets that sit adjacent to its existing acreage, the company effectively boosted its inventory and operational control in a single move.

In other news, Infinity Natural Resources Inc. (NYSE:INR) announced a transformational $1.2 billion acquisition of upstream and midstream assets in the Ohio Utica Shale from Antero Resources Corporation and Antero Midstream Corporation. To facilitate the deal, Northern Oil & Gas Inc. (NYSE:NOG) will acquire an undivided 49% interest for $588 million, leaving Infinity Natural Resources with a 51% interest for a net purchase price of $612 million.

The acquired assets include ~71,000 net acres located in Ohio’s Guernsey, Belmont, and Harrison counties. As of Q3 2025, these assets produced approximately 133 MMcfe/d (81% gas and 19% liquids) from 255 producing laterals. The deal also adds significant inventory, including over 110 undeveloped laterals totaling 1.6 million lateral feet and 764 billion cubic feet of undeveloped reserves. Pro forma, Infinity Natural Resources will control ~102,000 net horizontal acres in Ohio with 1.4 Tcfe of undeveloped net reserves.

Infinity Natural Resources Inc. (NYSE:INR) acquires, explores, and develops properties to produce oil, natural gas, and natural gas liquids from underground reservoirs in the US.

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Disclosure: None. This article is originally published at Insider Monkey.