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Evp and cfo Cary Baetz buys $299,993 of Infinity Natural Resources stock

Cary D. Baetz, Executive Vice President and Chief Financial Officer of Infinity Natural Resources, Inc. (NASDAQ:INR), bolstered his stake in the company through two stock purchases totaling 22,316 shares in late September 2026. The total cost of these transactions amounted to $299,993, conducted at prices ranging from $13.31 to $13.58 per share.

The acquisitions took place on September 24 and 25, 2026, with Baetz buying 22,000 shares on September 24 at an average price of $13.441 per share, and an additional 316 shares on September 25 at $13.58 each. As a result, Baetz now directly owns 22,316 shares of Infinity Natural Resources' Class A Common Stock.

While the current stock price of $12.53 is below Baetz's purchase price, InvestingPro's analysis indicates the company is undervalued, with a Fair Value of $17.03. Analysts predict profitability for the company this year, with a P/E ratio of 8.69 currently driving the stock.

Infinity Natural Resources reported robust second-quarter 2026 earnings, surpassing Wall Street expectations. Adjusted earnings per share reached $0.88, outperforming the forecasted $0.77. Revenue increased to approximately $171 million, marking the company's highest quarterly adjusted EBITDAX. Despite these positive results, the stock price saw a slight decline. At present, no recent upgrades or downgrades have been issued by analysts. This report was produced with AI assistance and reviewed by an editor.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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