What is the remaining capital budget for 2025, and does the company have sufficient liquidity to fund the additional pad and drilling program?

Remaining 2025 capital budget:

The press‑release excerpt does not disclose a specific dollar amount for the “remaining capital budget” after the Q2 results. Infinity’s filing only notes that the company “maintains 2025 guidance” and has added a new natural‑gas‑weighted pad and begun a July drilling program. In the absence of an explicit figure, we can only conclude that the company has not announced a shortfall in its 2025 capital allocation.

Liquidity to fund the added pad and drilling program:

Maintaining its full‑year guidance while expanding the drilling inventory signals that Infinity believes its balance‑sheet and cash‑flow generation are adequate to cover the incremental spend. The company’s Q2 operating update shows it has already drilled seven wells (≈118,000 ft L‑L) and placed an oil‑weighted well into sales, indicating cash is being generated from early‑producing assets. Moreover, the decision to construct an additional pad in Pennsylvania—without a corresponding reduction in the 2025 capital budget—suggests that the firm retains sufficient liquidity (cash on hand, revolving credit facilities, and cash‑flow from operations) to absorb the extra capital outlay.

Trading implication:

Because Infinity is proceeding with a larger drilling footprint while still affirming its 2025 guidance, the market perceives the balance sheet as robust enough to fund the expansion. This supports a neutral‑to‑bullish stance on the stock, especially if the new pad delivers the anticipated gas‑weighted production. Traders can consider staying long or adding to positions on any pull‑back, while monitoring upcoming capital‑budget disclosures (e.g., in the Q3 or year‑end filing) for confirmation of the exact remaining budget and any changes to the liquidity profile.