{
  "id": 10547791,
  "title": "Evp and cfo Cary Baetz buys $299,993 of Infinity Natural Resources stock",
  "url": "https://urgent.news/2026/09/28/evp-and-cfo-cary-baetz-buys-299-993-of-infinity-natural-resources",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T22:31:00.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/evp-and-cfo-cary-baetz-buys-299993-of-infinity-natural-resources-stock-93CH-4921327"
  },
  "original_language": "en",
  "account": "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.\n\nThe 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.\n\nWhile 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.\n\nInfinity 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.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}