Disclaimer Forward-Looking Statements. This presentation contains forward-looking statements that express the Companys opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future…
Premier Appalachian Operator with Balanced Inventory Infinity Natural Resources Overview Key INR Statistics Unique Appalachian Footprint Top Tier Inventory with Leading Capital Efficiency Ohio Utica Shale Marcellus & Utica Deep Dry Gas…
Balanced Inventory Accommodates All Commodity Environments INR optimizes the value of its resources with significant inventory within two distinct acreage positions that are uniquely oil and gas focused Gas-Weighted Pennsylvania Dry…
Recent Operational Activity Operational Update Pennsylvania Drilling Operations Maintained continuous operations despite challenging winter conditions, drilling 62k lateral feet and completing 522 stages during the period Added a…
1st Quarter 2025 Highlights Operational Highlights Financial Highlights Most operationally active quarter in company history Q1 2025 Q1 2024 Turned in line one oil weighted well and five natural gas weighted wells totaling…
High Returns and Low Finding Cost Yields Leading Capital Efficiency 2024A Capital Efficiency Ratio(1)(2) (x) Leading capital efficiency among Appalachian peers 3.0x INR three-year average capital efficiency of 3.5x 2.6x 2.1x…
Low Leverage Provides Operational and Financial Flexibility Financial Profile and Commentary Leverage Benchmarking vs Select Natural Gas Peers 1st Quarter 2025 Net Debt(1) / Q125A Adjusted EBITDAX(1)(2) Target net leverage of less than…
2025 Outlook and Guidance Drilling & Completion Capital Expenditures: 240 million - 280 million Midstream Capital Expenditures: 9 million - 12 million Total Net Daily Production: 32 35 MBoe/d Representing growth of approximately 40%…
Environmental, Social and Governance Infinitys ESG Focus Achievements Owns and operates modern, unconventional assets; minimal near- Diligent Tracking and Reporting term P&A liability Operates in highly regulated operating…
Investment Highlights Core Acreage with Deep, High-Return Drilling Inventory Across Commodities Disciplined, Low-Cost Operator Generating Top Tier Well Results Strategic Long-Term Growth Driven by Deep Appalachian Roots…
Appendix
Initial Public Offering Highlights January 30th, 2025 Priced Initial Public Offering (IPO) 286 million(1) in Proceeds 15.2 million(2) Shares Issued via IPO 60.9 million(3) Total Shares Outstanding (1) Total net…
Reserves Summary Total Proved Reserves Total Proved Developed Reserves (Net MMBoe) (Net MMBoe) 170 68 69 142 83 33 YE '22 YE '23 YE '24 YE '22 YE '23 YE '24 Inventory Replacement (Stick Count) Reserve Categories(1)…
Non-GAAP Definitions Adjusted EBITDAX is defined as net income plus interest, net, income tax expense, depreciation, depletion, and amortization, unrealized gain (loss) on derivative instruments, net cash settlements received (paid) on…
Reconciliation of Adjusted EBITDAX to Net Income Adjusted EBITDAX Reconciliation (in thousands, unless specified) For the Year Ended For the Three Months Ended December 31, Ended March 31, 2024 2023 2025 2024 Net Income 49,286…
Reconciliation of PV-10 to Standardized Measure of Oil and Gas PV-10 Reconciliation (in thousands, unless specified) December 31, 2024 2023 2022 Future cash inflows 4,181,440 3,865,302 3,116,373 (1) Future development costs…
Reconciliation of All-In F&D All-In F&D (in thousands, unless specified) December 31, 2024 2023 2022 Acquisition costs: Proved properties 19,172 274,732 2,066 Unproved properties 89,174 1,047 - Development costs 165,795…
Reconciliation of Capital Efficiency Capital Efficiency (in thousands, unless specified) December 31, 2024 2023 2022 Adjusted EBITDAX 195,719 126,494 75,971 Adjusted EBITDAX Margin ( / Boe) 22.20 18.33 23.54 All-In F&D ( /…