Why These Energy Stocks are Losing This Week

2. Infinity Natural Resources, Inc. (NYSE:INR

Share Price Decline Between June 30 – July 8: 15.84%

Infinity Natural Resources, Inc. (NYSE:INR) is an independent exploration and production company dedicated to the Appalachian region.

Infinity Natural Resources, Inc. (NYSE:INR) suffered a setback this week after analysts at RBC Capital lowered the firm’s price target from $29 to $26, while maintaining an ‘Outperform’ rating on its shares. The revised outlook reflects RBC’s revision on commodity prices, with the global investment bank lowering its forecast for WTI crude from $64.19 to $62.25 per barrel in 2025 and from $57.12 to $52.50 per barrel in 2026.

Following the recent downturn, the share price of Infinity Natural Resources, Inc. (NYSE:INR) has slumped by almost 30% since its IPO in late January.