Infinity Natural Resources (NYSE: INR) reported a total derivative gain of approximately $57.5 million for the second quarter ended June 30, 2026, according to a company press release.

The Morgantown, West Virginia-based energy company recorded realized losses of approximately $6.4 million from settled derivative contracts during the quarter. Those cash settlements were tied to financial contracts referencing crude oil, natural gas, natural gas liquids, and regional basis differentials.

The company also recorded non-cash mark-to-market unrealized gains of approximately $63.9 million on its outstanding derivative portfolio. These gains reflect the revaluation of open derivative positions using forward commodity price curves as of June 30, 2026, and do not represent cash inflows or outflows for the period.

As of June 30, 2026, Infinity's open oil (WTI) swap contracts totaled 4,074 thousand barrels across 2026 through 2028, with a combined fair value of negative $4.9 million. The company also held oil collar contracts covering 532 thousand barrels, with a combined fair value of $3 million.

Natural gas (NYMEX) swap contracts totaled approximately 159.5 million MMBtu scheduled to settle between 2026 and 2030, carrying a combined fair value of $37.6 million. Natural gas fixed basis swaps covering approximately 19.2 million MMBtu carried a fair value of $8.3 million, while natural gas basis swaps totaling approximately 91.5 million MMBtu carried a negative fair value of $8.9 million.

NGL swap contracts totaled approximately 2.98 million barrels with a combined fair value of $5.1 million.

The company noted that the second quarter financial information is preliminary and unaudited, and final figures will be reported in the Form 10-Q for the period ended June 30, 2026. Infinity operates in the Appalachian Basin, with a focus on the Utica Shale in eastern Ohio and stacked dry gas assets in southwestern Pennsylvania.