Infinity Natural Resources (NYSE:INR) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Infinity Natural Resources (NYSE:INR) from a hold rating to a strong-buy rating in a research report sent to investors on Thursday morning,Zacks.com reports.

Infinity Natural Resources Trading Up 5.8%

Shares of INR stock opened at $17.27 on Thursday. The firm has a market capitalization of $1.05 billion and a price-to-earnings ratio of -39.25.

Infinity Natural Resources Company Profile

We are a growth oriented, free cash flow generating, independent energy company focused on the acquisition, development, and production of hydrocarbons in the Appalachian Basin. We are focused on creating shareholder value through the identification and disciplined development of low-risk, highly economic oil and natural gas assets while maintaining a strong and flexible balance sheet. Additionally, we have proven our ability to grow our acreage position through organic leasing efforts and accretive acquisitions.