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BXP Completes Initial Sale of Partial Interest in 343 Madison Avenue Development

BXP Completes Initial Sale of Partial Interest in 343 Madison Avenue Development

BOSTON–(BUSINESS WIRE)–BXP, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that it has closed the sale of a 10.6% equity interest in the development of 343 Madison Avenue in Midtown Manhattan, New York, to AVRS Partners, a New York-based real estate investment firm specializing in identifying and acquiring exceptional real estate assets across the United States and Europe.

“343 Madison Avenue demonstrates the strength of BXP’s development platform and our ability to execute complex projects that create value for our shareholders and joint venture partners,” said Owen Thomas, Chairman and Chief Executive Officer, BXP. “With the project already substantially pre-leased and on track for delivery on time and on budget, we are building a premier workplace that reflects the needs of today’s leading companies. We are pleased and honored to expand our relationship with AVRS Partners through this investment.”

The transaction expands BXP’s existing relationship with AVRS Partners, which now holds an interest in two of BXP’s most significant properties in New York City. An affiliate of AVRS is also a joint venture partner with BXP in the General Motors Building in New York.

“BXP has been a valued partner to my family for more than a decade,” said Edmond M. Safra, Founding Partner, AVRS. “I’m honored that AVRS is now building on that relationship, and we look forward to the development of 343 Madison Avenue.”

BXP maintains full decision-making authority over the development, and serves as development, property, and leasing manager, earning customary fees for these services. The transaction provides BXP with additional financial flexibility while preserving substantial ownership and control of the project and the opportunity to participate in its long-term value creation. The transaction generates additional capital for the development while further validating the quality of the project and reducing BXP’s required equity commitment. BXP may sell additional minority interests in the project in the future.

343 Madison Avenue is a planned 46-story, approximately 930,000 square foot premier workplace tower located adjacent to Grand Central Terminal with direct access to Grand Central Madison. The approximately $2.0 billion development is currently under construction and is expected to be completed in the third quarter of 2029. The project is approximately 56% pre-leased, including leases with Starr and McDermott Will & Schulte, with additional executed letters of intent that, if converted to leases, would bring pre-leasing to approximately 70%. The project capitalization also includes a $1.2 billion construction loan that closed in July 2026.

Designed by Kohn Pedersen Fox, 343 Madison Avenue will offer a hospitality-forward amenity program, direct access to one of New York City’s most important transportation hubs, and market-leading sustainability features. The project is positioned to be one of the few newly delivered premier workplace towers in Midtown Manhattan over the next several years.

ABOUT BXP

BXP, Inc. (NYSE: BXP) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets – Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 55 years. BXP is a fully integrated real estate company, organized as a real estate investment trust (REIT). As of June 30, 2026, including properties owned by unconsolidated joint ventures, BXP’s portfolio totaled 51.1 million square feet and 164 properties, including six properties under construction/redevelopment. For more information about BXP, please visit our website or follow us on LinkedIn or Instagram.

This press release contains forward-looking statements within the meaning of the Federal securities laws. You can identify these statements by our use of the words “future,” “will,” “would,” “expects,” “intends” and similar expressions that do not relate to historical matters. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond BXP’s control. If one or more of these known or unknown risks or uncertainties materialize, or if underlying assumptions prove incorrect, actual results may differ materially from those expressed or implied by the forward-looking statements. These factors include, without limitation, BXP’s ability to complete the development project within budget, on schedule or at all, the uncertainties of real estate development activity, BXP’s ability to enter into additional leases on favorable terms, on the schedule contemplated, or at all, and other risks and uncertainties detailed from time to time in BXP’s filings with the SEC. BXP does not undertake a duty to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

AT BXP

Helen Han

Vice President, Investor Relations

[email protected]

KEYWORDS: New York Massachusetts United States North America

INDUSTRY KEYWORDS: Commercial Building & Real Estate Construction & Property REIT

MEDIA:

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UDR, Inc. Announces Appointment of Scott McCallum as Executive Vice President – Chief Investment Officer

UDR, Inc. Announces Appointment of Scott McCallum as Executive Vice President – Chief Investment Officer

DENVER–(BUSINESS WIRE)–
UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust, today announced that Scott McCallum will join the Company as Executive Vice President – Chief Investment Officer (“EVP-CIO”), effective November 5, 2026. He will report to Thomas W. Toomey, Chairman, President, and Chief Executive Officer of UDR.

Mr. McCallum will bring an extensive background in public and private real estate with a decade of experience in real estate investments across several property types, including his current role focused on new investment opportunities in the multifamily sector. Mr. McCallum joins UDR from Blackstone Inc., the world’s largest alternative asset manager, with more than $1.3 trillion in AUM. He joined Blackstone in 2017, and most recently served as a Managing Director in the Real Estate Group. During his time at the firm, he worked on real estate investments in both Canada and the United States, as well as a variety of other transactions contributing to the growth of Blackstone’s residential platforms in North America. Prior to joining Blackstone, Mr. McCallum was an officer in the United States Navy. He graduated from the United States Naval Academy with a BS in Honors Economics (Arabic minor).

“Scott is a seasoned executive with an exceptional blend of investment and strategic insight. He is well positioned to lead our investment team,” said Tom Toomey, UDR’s Chairman, President, and Chief Executive Officer. “His deep experience in real estate investments and transactions and proven leadership will further enhance our data driven platform capabilities. We are excited to welcome Scott to the team.”

Mr. McCallum shared, “I am honored by the opportunity to serve as UDR’s Executive Vice President – Chief Investment Officer and lead an extremely talented and motivated team.”

Forward-Looking Statements

Certain statements made in this press release, including with respect to the effective date of Mr. McCallum’s appointment as the Company’s Executive Vice President – Chief Investment Officer, may constitute “forward-looking statements.” Words such as “expects,” “intends,” “believes,” “anticipates,” “plans,” “likely,” “will,” “seeks,” “estimates” and variations of such words and similar expressions are intended to identify such forward-looking statements. Forward-looking statements, by their nature, involve estimates, projections, goals, forecasts and assumptions and are subject to risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed in a forward-looking statement due to a number of factors, which include, but are not limited to, general market and economic conditions and other risk factors discussed in documents filed by the Company with the SEC from time to time, including the Company’s Annual Report on Form 10-K and the Company’s Quarterly Reports on Form 10-Q. Actual results may differ materially from those described in the forward-looking statements. These forward-looking statements and such risks, uncertainties and other factors speak only as of the date of this press release, and the Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein, to reflect any change in the Company’s expectations with regard thereto, or any other change in events, conditions or circumstances on which any such statement is based, except to the extent otherwise required under the U.S. securities laws.

About UDR, Inc.

UDR, Inc. (NYSE: UDR), an S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate communities in targeted U.S. markets. As of June 30, 2026, UDR owned or had an ownership position in 60,259 apartment homes, including 685 apartment homes under development. For over 54 years, UDR has delivered long-term value to shareholders, the best standard of service to residents, and the highest quality experience for associates. Additional information can be found on the Company’s Investor Relations website at http://ir.udr.com/.

Contact: UDR, Inc.

Trent Trujillo

[email protected]

720-283-6135

KEYWORDS: Colorado United States North America

INDUSTRY KEYWORDS: Construction & Property Professional Services REIT Finance

MEDIA:

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Stifel Financial Schedules Third Quarter Financial Results Conference Call

ST. LOUIS, Oct. 14, 2026 (GLOBE NEWSWIRE) — Stifel Financial Corp. (NYSE: SF) will release its third quarter financial results before the market opens on Wednesday, October 21, 2026. The company will host a conference call to review the results at 9:30 a.m. Eastern time that same day. The conference call may include forward-looking statements.

All interested parties are invited to listen to Stifel Chairman and CEO Ronald J. Kruszewski by dialing (800) 330-6710 and referencing participant ID 9806728. A live audio webcast of the call, as well as a presentation highlighting the company’s results, will be available through Stifel’s website, www.stifel.com.

Stifel Company Information

Stifel Financial Corp. (NYSE: SF) is a diversified financial services firm providing wealth management, commercial and investment banking, trading, and research services to individuals, institutions, and municipalities. Founded in 1890 and headquartered in St. Louis, Missouri, the firm operates more than 400 offices across the United States and in major global financial centers. As a firm where success meets success, Stifel works closely with retail and institutional clients aiming to transform opportunities into achievement. To learn more about Stifel, please visit the Company’s website at www.stifel.com. For global disclosures, please visit https://www.stifel.com/investor-relations/press-releases.

Stifel Investor Relations Contact

Joel Jeffrey, Senior Vice President
(212) 271-3610 direct
[email protected] 



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Plexus Sets Fiscal Fourth Quarter and Fiscal Year 2026 Earnings Release Date

NEENAH, WI, Oct. 14, 2026 (GLOBE NEWSWIRE) — Plexus Corp. (NASDAQ: PLXS) announced today it will release its fiscal fourth quarter and fiscal year 2026 results after market close on Wednesday, October 28, 2026. Plexus’ management will host a conference call to discuss its fiscal fourth quarter and fiscal year 2026 results on Thursday, October 29, 2026 at 8:30 a.m. Eastern Time. An audio webcast of the call and accompanying slides will be available in the investor relations section of the company website, plexus.com.

What: Plexus Fiscal Q4 and Fiscal Year 2026 Earnings Conference Call and Webcast
   
When: Thursday, October 29, 2026 at 8:30 a.m. Eastern Time
   
Where: Participants are encouraged to join the live webcast at the investor relations section of the Plexus website, plexus.com. Participants can also join utilizing the links below:

Webcast link: https://events.q4inc.com/attendee/892821381
   
Replay: The webcast will be archived on the Plexus website and will be available as on-demand for 12 months
   

Investor and Media Contact

Shawn Harrison
+1.920.969.6325
[email protected]

About Plexus Corp.

At Plexus, we help create the products that build a better world. Driven by a passion for excellence, we partner with our customers to design, manufacture and service highly complex products in demanding regulatory environments. From life-saving medical devices and mission-critical aerospace and defense products to industrial automation systems and semiconductor capital equipment, our innovative solutions across the lifecycle of a product converge where advanced technology and human impact intersect. We provide these solutions to market-leading as well as disruptive global companies in the Aerospace/Defense, Healthcare/Life Sciences, and Industrial sectors, supported by a global team of over 20,000 members across our 27 facilities. For more information about Plexus, visit our website at www.plexus.com.



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VALHI ANNOUNCES EXPECTED THIRD QUARTER 2026 EARNINGS RELEASE DATE

Dallas, Texas, Oct. 14, 2026 (GLOBE NEWSWIRE) — Valhi, Inc. (NYSE:  VHI) announced today that, subject to the completion of quarter-end closing procedures, it expects to report third quarter 2026 earnings in a press release after market close on Thursday, November 5, 2026. 

Valhi, Inc. is engaged in the chemicals (TiO2), component products (security products and recreational marine components) and real estate management and development industries.

* * * * *

Investor Relations Contact

Bryan A. Hanley
Senior Vice President and Treasurer
Tel. 972-233-1700



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KRONOS WORLDWIDE, INC. ANNOUNCES EXPECTED THIRD QUARTER 2026 EARNINGS RELEASE DATE

Dallas, Texas, Oct. 14, 2026 (GLOBE NEWSWIRE) — Kronos Worldwide, Inc. (NYSE: KRO) announced today that, subject to the completion of quarter-end closing procedures, it expects to report third quarter 2026 earnings in a press release after market close on Thursday, November 5, 2026.

Kronos Worldwide, Inc. is a major international producer of titanium dioxide products.

* * * * *

Investor Relations Contact

Bryan A. Hanley
Senior Vice President and Treasurer
Tel. 972-233-1700



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Costco Wholesale Corporation Announces Quarterly Cash Dividend

ISSAQUAH, Wash., Oct. 14, 2026 (GLOBE NEWSWIRE) — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced that its Board of Directors has declared a quarterly cash dividend on Costco common stock of $1.47 per share. The quarterly dividend is payable November 13, 2026, to shareholders of record at the close of business on October 30, 2026.

Costco currently operates 939 warehouses, including 647 in the United States and Puerto Rico, 115 in Canada, 43 in Mexico, 37 in Japan, 29 in the United Kingdom, 20 in Korea, 15 in Australia, 14 in Taiwan, seven in China, five in Spain, three in France, two in Sweden, and one each in Iceland, and New Zealand. Costco also operates e-commerce sites in the U.S., Canada, the U.K., Mexico, Korea, Taiwan, Japan, Australia, and China.

Certain statements contained in this document constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For these purposes, forward-looking statements are statements that address activities, events, conditions or developments that the Company expects or anticipates may occur in the future. In some cases forward-looking statements can be identified because they contain words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “likely,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “target,” “will,” “would,” or similar expressions and the negatives of those terms. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. These risks and uncertainties include, but are not limited to, domestic and international economic conditions, including exchange rates, inflation or deflation, the effects of competition and regulation, uncertainties in the financial markets, consumer and small business spending patterns and debt levels, breaches of security or privacy of member or business information, conditions affecting the acquisition, development, ownership or use of real estate, capital spending, actions of vendors, rising costs associated with employees (generally including health-care costs and wages), workforce interruptions, energy and certain commodities, geopolitical conditions (including tariffs and global conflicts), the ability to maintain effective internal control over financial reporting, regulatory and other impacts related to environmental and social matters, public-health related factors, and other risks identified from time to time in the Company’s public statements and reports filed with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made, and the Company does not undertake to update these statements, except as required by law. Comparable sales and comparable sales excluding impacts from changes in gasoline prices and foreign exchange are intended as supplemental information and are not a substitute for net sales presented in accordance with U.S. GAAP.

CONTACTS:
Costco Wholesale Corporation

        Josh Dahmen, 425/313-8254
        Andrew Yoon, 425/313-6305
        Bryan Starnes, 425/427-7403

COST-Comp



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ONEOK Declares Quarterly Dividend

TULSA, Okla., Oct. 14, 2026 (GLOBE NEWSWIRE) — The board of directors of ONEOK, Inc. (NYSE: OKE) today declared a quarterly dividend of $1.07 per share, unchanged from the previous quarter, resulting in an annualized dividend of $4.28 per share.

The dividend is payable Nov. 16, 2026, to shareholders of record at the close of business Nov. 2, 2026.
—————————————————————————————————————-
At ONEOK (NYSE: OKE), we deliver energy products and services vital to an advancing world. We are a leading midstream operator that provides gathering, processing, fractionation, transportation, storage and marine export services. Through our approximately 60,000-mile pipeline network, we transport the natural gas, natural gas liquids (NGLs), refined products and crude oil that help meet domestic and international energy demand, contribute to energy security and provide safe, reliable and responsible energy solutions needed today and into the future. As one of the largest integrated energy infrastructure companies in North America, ONEOK is delivering energy that makes a difference in the lives of people in the U.S. and around the world.

ONEOK, Inc. is an S&P 500 company headquartered in Tulsa, Oklahoma.

For information about ONEOK, visit www.oneok.com. For the latest news, visit the ONEOK newsroom or find us on LinkedIn, Facebook, X and Instagram.

Some of the statements contained and incorporated in this news release are forward-looking statements as defined under federal securities laws. The forward-looking statements relate to our anticipated financial performance and results (including projected levels of quarterly and annual dividends), liquidity, market conditions and other matters. We make these forward-looking statements in reliance on the safe harbor protections provided under federal securities laws and other applicable laws.

Forward-looking statements include the items identified in the preceding paragraph, the information concerning possible or assumed future results of our operations and other statements contained or incorporated in this news release identified by words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “goal,” “guidance,” “intend,” “may,” “might,” “outlook,” “plan,” “potential,” “project,” “scheduled,” “should,” “will,” “would” and other words and terms of similar meaning.

One should not place undue reliance on forward-looking statements. Known and unknown risks, uncertainties and other factors may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by forward-looking statements. Those factors may affect our operations, markets, services, dividends and results. These and other risks are described in greater detail in Item 1A, Risk Factors, in our most recent Annual Report on Form 10-K and in the other filings that we make with the Securities and Exchange Commission (SEC), which are available on the SEC’s website at www.sec.gov. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by these factors. Any such forward-looking statement speaks only as of the date on which such statement is made, and, other than as required under securities laws, we undertake no obligation to update publicly any forward-looking statement whether as a result of new information, subsequent events or change in circumstances, expectations or otherwise.

Contacts:

Investor Relations:

Megan Patterson
918-561-5325
[email protected]

Media Relations:

Alicia Keenom
918-861-3749
[email protected]



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Firefly Aerospace to Announce Third Quarter 2026 Financial Results on November 10, 2026

CEDAR PARK, Texas, Oct. 14, 2026 (GLOBE NEWSWIRE) — Firefly Aerospace (Nasdaq: FLY), a market leading space and defense technology company, will release its third quarter 2026 financial results for the period ended September 30, 2026, on Tuesday, November 10, 2026, after market close.

Firefly will hold a conference call the same day at 4:00 p.m. CT / 5:00 p.m. ET. A live webcast of the call and a replay will be available in the Investors section of the Company’s website at https://investors.fireflyspace.com.

The financial results news release will be posted in the Investors section of the Company’s website under the “News” section. Additional materials supporting the conference call and financial results release will be posted under the “Events & Resources” section.


About Firefly Aerospace

Firefly Aerospace is a space and defense technology company on a mission to reliably and repeatedly launch, land, and operate space systems from Earth to the Moon and beyond. As the partner of choice for responsive space missions, Firefly is the first commercial company to launch a satellite to orbit with approximately 24-hour notice and the first to achieve a successful landing on the Moon. Established in 2017, Firefly’s engineering, manufacturing, and test facilities are co-located in central Texas to enable rapid innovation and vertical integration for the company’s small- to medium-lift launch vehicles, lunar landers, and orbital vehicles. For more information, visit www.fireflyspace.com.

Contacts

Media Relations
[email protected]

Investor Relations
[email protected]



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Infinity Natural Resources Announces Third Quarter Impact of Derivative Contracts

Infinity Natural Resources Announces Third Quarter Impact of Derivative Contracts

MORGANTOWN, W.Va.–(BUSINESS WIRE)–
Infinity Natural Resources, Inc. (“Infinity” or the “Company”) (NYSE: INR) today provided an update on the impact of derivative contracts for the third quarter 2026.

Impact of Derivative Contracts

For the quarter ended September 30, 2026, Infinity recognized realized losses associated with settled derivative contracts of approximately $1.2 million. These results reflect cash settlements tied to financial contracts referencing crude oil prices, natural gas prices, natural gas liquids (“NGLs”) prices and regional basis differentials.

In addition to the cash settlements recorded during the quarter, the Company recorded non-cash mark-to-market unrealized losses in its outstanding derivative portfolio of approximately $63.2 million. These unrealized losses arise from the periodic revaluation of open derivative positions using prevailing forward commodity price curves at the end of the reporting period.

Because these unrealized adjustments reflect changes in the market value of contracts that remain open, they do not represent current-period cash inflows or outflows but instead reflect the accounting remeasurement of the Company’s derivative portfolio.

Overall, the combined effect of realized settlements and unrealized valuation changes resulted in a total derivative loss of approximately $64.4 million for the quarter. These derivative contracts were entered into pursuant to our board approved hedging strategy.

The following tables summarize Infinity’s open derivative contracts scheduled to settle after September 30, 2026.

 

 

 

 

Swaps

 

 

 

 

 

Collars

 

 

 

 

 

 

Volume

 

Weighted

Average

Price

 

Fair Value

as of

September 30,

2026

 

Volume

 

Weighted

Average

Ceiling Price

 

Weighted

Average

Floor Price

 

Fair Value

as of

September 30,

2026

Oil (WTI)

 

(in MBbls)

 

($ per Bbl)

 

(in thousands)

 

(in MBbls)

 

($ per Bbl)

 

($ per Bbl)

 

(in thousands)

2026

 

801

 

$

63.71

 

$

(19,499)

 

115

 

$

78.00

 

$

70.00

 

$

(1,275)

2027

 

1,710

 

$

65.08

 

$

(24,170)

 

350

 

$

84.60

 

$

70.00

 

$

(918)

2028

 

884

 

$

70.87

 

$

(932)

 

—

 

 

—

 

 

—

 

 

—

Total

 

3,395

 

 

 

$

(44,601)

 

465

 

 

 

 

 

$

(2,193)

 

 

 

 

Swaps

 

 

 

 

Volume

 

Weighted

Average

Price

 

Fair Value

as of

September 30,

2026

Natural Gas (NYMEX)

 

(in MMBtu)

 

($ per MMBtu)

 

(in thousands)

2026

 

8,886,000

 

$

4.31

 

$

9,903

2027

 

44,334,000

 

$

3.91

 

$

31,781

2028

 

35,370,000

 

$

3.76

 

$

1,019

2029

 

29,970,000

 

$

3.61

 

$

(2,961)

2030

 

26,310,000

 

$

3.56

 

$

(2,931)

Total

 

144,870,000

 

 

 

$

36,811

 

 

 

 

Swaps

 

 

 

 

Volume

 

Weighted

Average

Price

 

Fair Value

as of

September 30,

2026

Natural Gas (Fixed Basis)

 

(in MMBtu)

 

($ per MMBtu)

 

(in thousands)

2026

 

4,296,000

 

$

3.12

 

$

4,567

2027

 

10,372,000

 

$

2.96

 

$

4,922

Total

 

14,668,000

 

 

 

$

9,489

 

 

 

 

Swaps

 

 

 

 

Volume

 

Weighted

Average

Price

 

Fair Value

as of

September 30,

2026

Natural Gas (Basis)

 

(in MMBtu)

 

($ per MMBtu)

 

(in thousands)

2026

 

13,641,000

 

$

(0.96)

 

$

(1,950)

2027

 

29,537,000

 

$

(0.62)

 

$

(3,766)

2028

 

33,086,250

 

$

(0.51)

 

$

(2,153)

Total

 

76,264,250

 

 

 

$

(7,869)

 

 

 

 

Swaps

 

 

 

 

Volume

 

Weighted

Average

Price

 

Fair Value

as of

September 30,

2026

NGLs

 

(in MBbls)

 

($ per Bbl)

 

(in thousands)

2026

 

620

 

$

35.89

 

$

(5,962)

2027

 

1,645

 

$

33.68

 

$

(8,396)

2028

 

84

 

$

57.96

 

$

(408)

Total

 

2,348

 

 

 

$

(14,766)

About Infinity

Infinity (NYSE: INR) is a growth oriented, independent energy company focused on the acquisition, development, production and gathering of hydrocarbons in the Appalachian Basin. Our operations are focused on the Utica Shale in eastern Ohio as well as our stacked dry gas assets in both the Marcellus and Utica Shales in southwestern Pennsylvania.

Preliminary Information

The information in this press release related to third quarter 2026 financial and operating information is preliminary and unaudited and is based on estimates and subject to completion of the Company’s financial closing procedures. Final amounts for the three months ended September 30, 2026 will be reported in the Company’s Quarterly Report on Form 10-Q for the period ended September 30, 2026 or in the corresponding earnings release. Such information has been prepared by management solely based on currently available information. The preliminary information does not represent and is not a substitute for a comprehensive statement of financial and operating results, and the Company’s actual results may differ materially from these estimates because of final adjustments, the completion of the Company’s financial closing procedures, and other developments after the date of this release.

Cautionary Statement Regarding Forward-Looking Statements

This release contains statements that express the Company’s opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results, in contrast with statements that reflect historical facts. All statements, other than statements of historical fact, included in this release regarding our strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management, future commodity prices, future production targets, leverage targets or debt repayment, hedging strategy, future capital spending plans, capital efficiency, our ability to make share repurchases, expected drilling and completions plans and projected well costs, among other similar statements, are forward-looking statements. When used in this release, words such as “may,” “assume,” “forecast,” “could,” “should,” “will,” “plan,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “budget” and similar expressions are used to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current belief, based on currently available information, as to the outcome and timing of future events at the time such statement was made.

Such statements are subject to a number of assumptions, risks and uncertainties, including those incident to the development, production, gathering and sale of oil, natural gas and NGLs, most of which are difficult to predict and many of which are beyond the control of the Company. These include, but are not limited to, our failure to realize, in full or at all, the anticipated benefits of capital raising transactions and acquisitions, including synergies; commodity price volatility; inflation; lack of availability and cost of drilling, completion and production equipment and services; supply chain disruption; project construction delays; environmental risks; drilling, completion and other operating risks; lack of availability or capacity of midstream gathering and transportation infrastructure; regulatory changes; the uncertainty inherent in estimating reserves and in projecting future rates of production, cash flow and access to capital; the timing of development expenditures; the concentration of the Company’s operations in the Appalachian Basin; difficult and adverse conditions in the domestic and global capital and credit markets; impacts of geopolitical events and world health events, including trade wars; lack of transportation and storage capacity as a result of oversupply, government regulations or other factors; potential financial losses or earnings reductions resulting from the Company’s commodity price risk management program or any inability to manage its commodity risks; failure to realize expected value creation from property acquisitions and trades; weather related risks; competition in the oil and natural gas industry; loss of production and leasehold rights due to mechanical failure or depletion of wells and the Company’s inability to re-establish production; the Company’s ability to service its indebtedness; political and economic conditions and events in foreign oil and natural gas producing countries, including embargoes, armed conflict, political instability and civil unrest, including instability in the Middle East, Venezuela and Mexico and other sustained military campaigns, the armed conflict in Ukraine and associated economic sanctions on Russia, conditions in South America, Central America, China and Russia, and acts of terrorism or sabotage; evolving cybersecurity risks such as those involving unauthorized access, denial-of-service attacks, malicious software, data privacy breaches by employees, insiders or others with authorized access, cyber or phishing-attacks, ransomware, social engineering, physical breaches or other actions; risks related to the Company’s ability to expand its business, including through the recruitment and retention of qualified personnel; and the other risks described in our filings with the U.S. Securities and Exchange Commission (the “SEC”), including our most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q or Current Reports on Form 8-K.

Please read the Company’s filings with the SEC, including “Risk Factors” in the Company’s most recent Annual Report on Form 10-K, and in other filings we make with the SEC, for a discussion of the risks and uncertainties that could cause actual results to differ from those in such forward-looking statements. As a result, actual outcomes and results could materially differ from what is expressed, implied or forecast in such statements. Therefore, these forward-looking statements are not a guarantee of our performance, and you should not place undue reliance on such statements. All forward-looking statements, expressed or implied, included in this press release are expressly qualified in their entirety by this cautionary statement. Any forward-looking statement speaks only as of the date on which such statement is made, and the Company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by law.

Infinity Natural Resources, Inc.

Thomas Marchetti

Vice President, Investor Relations

Email: [email protected]

KEYWORDS: West Virginia United States North America

INDUSTRY KEYWORDS: Alternative Energy Energy Other Energy Oil/Gas

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