XPLR Infrastructure, LP
9.90-0.12 (-1.2%)
Oct 29, 4:00:02 PM EDT · NYSE · XIFR · USD
Key Stats
Market Cap
930.27MP/E (TTM)
-Basic EPS (TTM)
-1.86Dividend Yield
0.09%Recent Filings
8-K
XPLR sells pipeline assets for $1.1B
XPLR Infrastructure is selling its interests in Meade Pipeline Co., LLC—a natural gas pipeline operator in Pennsylvania—and a 15% stake in Redwood Meade Midstream for $1.1 billion in cash, with the deal set to close by Q3 2025 end pending antitrust approval and debt repayment. This divestiture trims XPLR's midstream exposure while injecting substantial liquidity. Buyers are Ares Management affiliates. Closing hinges on regulatory nods.
10-Q
Q2 FY2025 results
XPLR Infrastructure posted Q2 revenue of $342 million, down 5% year-over-year from $360 million due to weaker wind resources at 97% of long-term averages, yet operating income climbed 36% to $90 million on sharply lower O&M expenses from vendor credits. For the first half, revenue edged up 1% to $624 million, but a $253 million goodwill impairment in Q1 flipped operating income to a $143 million loss, while net loss attributable to XPLR narrowed to $19 million from $132 million profit, driven by higher interest costs including $116 million in derivative mark-to-market losses. Cash from operations held steady at $322 million for the half, with free cash flow not disclosed in the 10-Q; liquidity stood strong at $3.3 billion including $880 million cash and $2.4 billion revolver availability, bolstered by $2.1 billion in new debt issuances for wind repowering. The buyout of remaining Class B interests in XPLR Renewables II closed in April for $931 million cash. Pending Meade pipeline sale could yield $1.1 billion by Q3 end. Weather variability remains a key risk to project output.
8-K
Q2 results and Meade sale
XPLR Infrastructure reported Q2 2025 net income of $79 million and adjusted EBITDA of $557 million, flat year-over-year, while free cash flow before growth rose 6% to $261 million amid lower expenses but weaker wind resources. The company signed a deal to sell its Meade pipeline investment for $1,078 million, expecting over $100 million in net proceeds after debt repayment to bolster the balance sheet. It advanced 740 megawatts of repowering, 47% toward its 1.6-gigawatt goal, with $1 billion in financing secured year-to-date. Guidance holds: 2025 adjusted EBITDA at $1.85 billion to $2.05 billion; 2026 at $1.75 billion to $1.95 billion. Sale closure risks loom by Q3 end.
8-K
XPLR secures $338M renewable loans
XPLR Infrastructure's indirect subsidiaries secured project-level financings on June 27, 2025, with Clark Holdings drawing a full $254 million term loan and Lewis Holdings drawing $84 million of its $172 million facility, both maturing in June 2030 and backed by renewable energy assets totaling 830 MW. These variable-rate loans, hedged via interest rate swaps, feature quarterly interest and semi-annual amortization starting December 2025, aligning with XPLR's 2025-2026 financing plan. Yet defaults could trigger acceleration. Forward-looking statements carry material risks as per SEC filings.
8-K
Q1 loss amid EBITDA gain
XPLR Infrastructure reported a Q1 2025 net loss of $98 million, driven by a $253 million non-cash goodwill impairment, yet adjusted EBITDA climbed 2% to $471 million on higher net generation. The company issued $1,750 million in senior unsecured notes and completed the buyout of third-party interests in its 1.1-gigawatt XPLR Renewables II portfolio in April. It reaffirms 2025 adjusted EBITDA guidance of $1.85 billion to $2.05 billion. Balance sheet strengthening continues.
IPO
Sector
Industry
ALCE
Alternus Clean Energy, Inc.
0.70+0.00
BEP
Brookfield Renewable Partners L
30.73-0.71
BIP
Brookfield Infrastructure Partn
34.31-0.34
CWEN
Clearway Energy, Inc.
31.84-0.22
ENLT
Enlight Renewable Energy Ltd.
34.83-0.32
NEE
NextEra Energy, Inc.
81.76-1.81
NXXT
NextNRG, Inc.
1.82-0.07
PWCO
PwrCor, Inc.
0.01+0.00
SAFX
XCF Global, Inc.
0.86-0.05
SUUN
PowerBank Corporation
1.60-0.09