Latest news with #DavidSproule
Business Wire
16-05-2025
- Business
- Business Wire
Infinity Natural Resources, Inc. to Participate in Upcoming Second Quarter 2025 Investor Conferences
MORGANTOWN, W.V.--(BUSINESS WIRE)--Infinity Natural Resources, Inc. ('Infinity' or the 'Company') (NYSE: INR) announced today that it will be attending the following investor events in the second quarter of 2025: Citi's 2025 Spotlight on SMID Energy Day, May 22, New York, NY; and 2025 RBC Capital Markets Global Energy, Power & Infrastructure Conference, June 3-4, New York, NY. Members of the senior leadership team, including Zack Arnold (President and CEO), David Sproule (EVP and CFO), Ryan Warner (SVP of Commercial and Production), and Gregory Pipkin Jr. (SVP of Corporate Development and Strategy), are expected to participate across these upcoming events. About Infinity Infinity (NYSE: INR) is a growth oriented, free cash flow generating, independent energy company focused on the acquisition, development, and production of hydrocarbons in the Appalachian Basin. Our operations are focused on the volatile oil window of the Utica Shale in eastern Ohio as well as our stacked dry gas assets in both the Marcellus and Utica Shales in southwestern Pennsylvania.
Yahoo
17-04-2025
- Business
- Yahoo
Insiders hold 45% of Polymetals Resources Ltd (ASX:POL), and they've been buying recently
Polymetals Resources' significant insider ownership suggests inherent interests in company's expansion A total of 5 investors have a majority stake in the company with 53% ownership Recent purchases by insiders We've discovered 2 warning signs about Polymetals Resources. View them for free. If you want to know who really controls Polymetals Resources Ltd (ASX:POL), then you'll have to look at the makeup of its share registry. With 45% stake, individual insiders possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Notably, insiders have bought shares recently. This could signal that stock prices could go up and insiders are here for it. Let's delve deeper into each type of owner of Polymetals Resources, beginning with the chart below. See our latest analysis for Polymetals Resources Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. We can see that Polymetals Resources does have institutional investors; and they hold a good portion of the company's stock. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Polymetals Resources, (below). Of course, keep in mind that there are other factors to consider, too. We note that hedge funds don't have a meaningful investment in Polymetals Resources. From our data, we infer that the largest shareholder is David Sproule (who also holds the title of Top Key Executive) with 30% of shares outstanding. Its usually considered a good sign when insiders own a significant number of shares in the company, and in this case, we're glad to see a company insider play the role of a key stakeholder. Jupiter Fund Management Plc is the second largest shareholder owning 8.3% of common stock, and Stephen Jackson holds about 6.6% of the company stock. To make our study more interesting, we found that the top 5 shareholders control more than half of the company which implies that this group has considerable sway over the company's decision-making. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. While there is some analyst coverage, the company is probably not widely covered. So it could gain more attention, down the track. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. It seems insiders own a significant proportion of Polymetals Resources Ltd. Insiders have a AU$93m stake in this AU$204m business. This may suggest that the founders still own a lot of shares. You can click here to see if they have been buying or selling. The general public-- including retail investors -- own 28% stake in the company, and hence can't easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. We can see that Private Companies own 7.0%, of the shares on issue. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company. It appears to us that public companies own 3.3% of Polymetals Resources. We can't be certain but it is quite possible this is a strategic stake. The businesses may be similar, or work together. While it is well worth considering the different groups that own a company, there are other factors that are even more important. Take risks for example - Polymetals Resources has 2 warning signs we think you should be aware of. If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
11-03-2025
- Business
- Yahoo
David Sproule Buys Handful Of Shares In Polymetals Resources
Potential Polymetals Resources Ltd (ASX:POL) shareholders may wish to note that the Executive Chairman, David Sproule, recently bought AU$400k worth of stock, paying AU$0.80 for each share. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign. View our latest analysis for Polymetals Resources In fact, the recent purchase by Executive Chairman David Sproule was not their only acquisition of Polymetals Resources shares this year. They previously made an even bigger purchase of AU$1.4m worth of shares at a price of AU$0.28 per share. Even though the purchase was made at a significantly lower price than the recent price (AU$0.72), we still think insider buying is a positive. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices. In the last twelve months Polymetals Resources insiders were buying shares, but not selling. They paid about AU$0.43 on average. It is certainly positive to see that insiders have invested their own money in the company. However, we do note that they were buying at significantly lower prices than today's share price. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction! Polymetals Resources is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket. Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. It's great to see that Polymetals Resources insiders own 55% of the company, worth about AU$79m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders. The recent insider purchases are heartening. We also take confidence from the longer term picture of insider transactions. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Polymetals Resources. That's what I like to see! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To help with this, we've discovered 3 warning signs (1 is a bit unpleasant!) that you ought to be aware of before buying any shares in Polymetals Resources. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
26-02-2025
- Business
- Yahoo
Infinity Natural Resources, Inc. to Participate in Raymond James 46th Annual Institutional Investors Conference
MORGANTOWN, February 26, 2025--(BUSINESS WIRE)--Infinity Natural Resources, Inc. ("Infinity" or the "Company") (NYSE: INR) announced today that it will be attending the Raymond James 46th Annual Institutional Investors Conference to be held on March 2 - 5, 2025 in Orlando, Florida. In attendance from the Company will be Zack Arnold, President and CEO, David Sproule, EVP and CFO, and Gregory Pipkin Jr., Vice President of Corporate Development and Strategy. The investor presentation that will be used in meetings will be posted to the investor relations site at ahead of the Company's first meeting. About Infinity Infinity (NYSE: INR) is a growth oriented, free cash flow generating, independent energy company focused on the acquisition, development, and production of hydrocarbons in the Appalachian Basin. Our operations are focused on the volatile oil window of the Utica Shale in eastern Ohio as well as our stacked dry gas assets in both the Marcellus and Utica Shales in southwestern Pennsylvania. View source version on Contacts Infinity Natural Resources, Pipkin President of Corporate Development and Strategyir@ Sign in to access your portfolio
Yahoo
11-02-2025
- Business
- Yahoo
Infinity Natural Resources, Inc. Announces NYSE Bell Ringing to Commemorate Initial Public Offering
MORGANTOWN, W. Va., February 11, 2025--(BUSINESS WIRE)--Infinity Natural Resources, Inc. ("Infinity") (NYSE: INR) announced today that Infinity President and CEO Zack Arnold and EVP and CFO David Sproule will be joined by other members of the leadership team to ring the NYSE closing bell on Tuesday, February 11, 2025. This comes following a successful initial public offering, which closed on February 3, 2025. The bell ringing ceremony will occur at 4:00 p.m. EST. The event can be viewed at "We are honored to ring the closing bell at the NYSE in celebration of our successful IPO and the beginning of an exciting new chapter for Infinity," said Infinity President and CEO Zack Arnold. "We look forward to creating long-term value for our stakeholders through our unique, value-focused operating model and making our community of Appalachia proud. Thank you to everyone who has been part of our journey." About Infinity Infinity (NYSE: INR) is a growth oriented, free cash flow generating, independent energy company focused on the acquisition, development, and production of hydrocarbons in the Appalachian Basin. Our operations are focused on the volatile oil window of the Utica Shale in eastern Ohio as well as our stacked dry gas assets in both the Marcellus and Utica Shales in southwestern Pennsylvania. View source version on Contacts Infinity Natural Resources, Pipkin President of Corporate Development and Strategyir@
