SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* PEI INR Holdings, L.P. (Last) (First) (Middle) 2100 MCKINNEY AVE, SUITE 1675 (Street) DALLAS TX 75201 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 01/30/2025	3. Issuer Name and Ticker or Trading Symbol INFINITY NATURAL RESOURCES, INC. [ INR ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class B Common Stock(1)	28,894,732	I	See footnote(2)(3)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Common Units of Infinity Natural Resources, LLC(1)	(1)	(1)	Class A Common Stock	28,894,732	(1)	I	See footnote(2)(3)

1. Name and Address of Reporting Person* PEI INR Holdings, L.P. (Last) (First) (Middle) 2100 MCKINNEY AVE, SUITE 1675 (Street) DALLAS TX 75201 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Pearl Energy Investments III, L.P. (Last) (First) (Middle) 2100 MCKINNEY AVE, SUITE 1675 (Street) DALLAS TX 75201 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* PEI Infinity-S, LP (Last) (First) (Middle) 2100 MCKINNEY AVE, SUITE 1675 (Street) DALLAS TX 75201 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* PEARL ENERGY INVESTMENTS, L.P. (Last) (First) (Middle) 2100 MCKINNEY AVE, SUITE 1675 (Street) DALLAS TX 75201 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* PEI INR Co-Invest-B, Corp (Last) (First) (Middle) 2100 MCKINNEY AVE, SUITE 1675 (Street) DALLAS TX 75201 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Quinn William J (Last) (First) (Middle) 2100 MCKINNEY AVE, SUITE 1675 (Street) DALLAS TX 75201 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. Pursuant to the Second Amended and Restated Limited Liability Company Agreement of Infinity Natural Resources, LLC ("INR LLC"), at the request of each holder, each Common Unit of INR LLC (together with the cancellation for no consideration of an equal number of shares of Class B Common Stock, par value $0.01 per share, of the Issuer) may be redeemed at INR LLC's election for (a) newly-issued shares of Class A Common Stock, par value $0.01 per share, of the Issuer on a one-for-one basis or (b) cash. The Common Units do not expire. Shares of Class B Common Stock do not represent economic interests in the Issuer.

2. The reported securities are directly held by PEI INR Holdings, L.P. ("PEI INR Holdings"), Pearl Energy Investments, L.P. ("Pearl Investments"), Pearl Energy Investments III, L.P. ("Pearl III"), PEI Infinity-S, L.P. ("Pearl Infinity-S"), and PEI INR Co-Invest-B Corp. ("PEI INR Co-Invest" and, collectively, the "Pearl Funds"). Pearl Energy Investment III GP, L.P. ("Pearl III GP") is the general partner of PEI INR Holdings, Pearl III, Pearl Infinity-S and PEI INR A (as defined below). Pearl Energy Investment III UGP, LLC ("Pearl III UGP") is the general partner of Pearl III GP. Pearl Energy Investment GP, L.P. ("Pearl GP") is the general partner of Pearl Investments. Pearl Energy Investment UGP, LLC ("Pearl UGP") is the general partner of Pearl GP. PEI INR Holdings-A, L.P. ("PEI INR A") is the sole shareholder of PEI INR Co-Invest. The Pearl Funds are controlled by William J. Quinn, the founder and managing partner of Pearl Energy Investments.

3. (Continued from footnote 2) The Reporting Persons disclaim beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that such Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose.

Remarks:

This filing shall not be deemed an admission that the Reporting Persons are beneficial owners of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, and each Reporting Person disclaims beneficial ownership of these securities, except to the extent of such Reporting Person's pecuniary interest therein, if any.

	PEI INR Holdings, L.P., By: Pearl Energy Investment III GP, LP, its general partner, By: Pearl Energy Investment III UGP, LLC, its general partner, By: /s/ William J. Quinn, Authorized Person	01/30/2025
	Pearl Energy Investments III, L.P, By: Pearl Energy Investment III GP, LP, its general partner, By: Pearl Energy Investment III UGP, LLC, its general partner, By: /s/ William J. Quinn, Authorized Person	01/30/2025
	PEI Infinity-S, LP, By: Pearl Energy Investment III GP, LP, its general partner, By: Pearl Energy Investment III UGP, LLC, its general partner, By: /s/ William J. Quinn, Authorized Person	01/30/2025
	Pearl Energy Investments, L.P., By: Pearl Energy Investment GP, LP, its general partner, By: Pearl Energy Investment UGP, LLC, its general partner, By: /s/ William J. Quinn, Authorized Person	01/30/2025
	PEI INR Co-Invest-B, Corp, By: /s/ William J. Quinn, Authorized Person	01/30/2025
	/s/ William J. Quinn	01/30/2025
	** Signature of Reporting Person	Date
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