earnings
confidence high
sentiment neutral
materiality 0.55
XPLR Infrastructure Q3 net loss $37M; adjusted EBITDA $455M flat YoY
XPLR Infrastructure, LP
2025-Q3 EPS reported
-$0.60
revenue$939,000,000
- Net loss attributable to XPLR of $37M; adjusted EBITDA $455M flat YoY; FCFBG $179M down 5%.
- Closed sale of Meade pipeline investment; used proceeds to reduce project-level debt and convertible equity financing.
- Completed ~960 MW of repowering toward 1.6 GW program; reduced planned 2025-2026 HoldCo debt issuance by $250M.
- Reaffirms 2025 adjusted EBITDA guidance $1.85B-$2.05B; 2026 adjusted EBITDA $1.75B-$1.95B, FCFBG $600-700M.