XIFR Overview

Tender Offer Announcement: XPLR Infrastructure, LP announced a cash tender offer for its outstanding 3.875% senior notes due 2026, with approximately 93.40% of the notes validly tendered by the expiration time on November 18, 2025.

Settlement Details: The settlement for the accepted notes is expected to occur on November 21, 2025, with holders receiving $997.10 per $1,000 principal amount plus accrued interest.

Role of Financial Institutions: Wells Fargo Securities, LLC is acting as the dealer manager for the offer, while D.F. King & Co., Inc. serves as the tender agent and information agent.

Cautionary Statements: The announcement includes forward-looking statements and cautions investors about various risks and uncertainties that could affect XPLR's future performance and financial condition.

Private Offering Announcement: XPLR Infrastructure, LP has priced a private offering of 7.750% senior unsecured notes due 2034, expected to close on November 21, 2025, with estimated net proceeds of approximately $740 million.

Use of Proceeds: The proceeds will be used for various purposes, including repaying outstanding debt, funding a tender offer for existing senior notes, and investing in clean energy projects.

Investment Focus: XPLR Infrastructure is focused on clean energy infrastructure, with a diversified portfolio that includes wind, solar, and battery storage projects, aiming to deliver long-term value to its unitholders.

Forward-Looking Statements: The announcement includes cautionary statements regarding forward-looking statements, highlighting risks and uncertainties that could affect XPLR's future performance and financial condition.

Private Offering Announcement: XPLR Infrastructure, LP announced a private offering of $750 million in senior unsecured notes due 2034, which will be guaranteed by its subsidiaries and used for various financial purposes, including repaying existing debt and funding clean energy projects.

Use of Proceeds: The net proceeds from the notes will be added to XPLR OpCo's general funds, primarily to finance a tender offer for its outstanding 3.875% senior notes due in 2026 and to support other business investments.

Regulatory Compliance: The notes are being offered only to qualified institutional buyers and certain non-U.S. persons, and they have not been registered under the Securities Act, limiting their transferability.

Forward-Looking Statements and Risks: The announcement includes forward-looking statements regarding XPLR's future operations and financial condition, highlighting various risks that could impact its performance, including market conditions, regulatory changes, and operational challenges.

Private Offering Announcement: XPLR Infrastructure announced a private offering of $750 million in senior unsecured notes due in 2034, guaranteed by its subsidiaries.

Use of Proceeds: The proceeds will be added to general funds to pay off existing senior notes due in 2026, repay outstanding debt, and potentially invest in clean energy projects.

Quarterly Performance: XPLR Infrastructure reported a quarterly loss of $0.37 per share, significantly worse than the expected loss of $0.07, and revenues of $315 million, missing estimates by 4.99%.

Stock Outlook: The company's stock has underperformed, losing about 44.9% since the start of the year, and currently holds a Zacks Rank #4 (Sell), indicating expectations of further underperformance.

Earnings Estimates: The consensus EPS estimate for the upcoming quarter is -$0.74, with revenues projected at $295.37 million, reflecting a negative trend in earnings estimate revisions.

Industry Context: XPLR Infrastructure operates in a challenging industry, ranked in the bottom 18% of Zacks industries, which may impact its stock performance compared to better-ranked sectors.

Financial Results Announcement: XPLR Infrastructure, LP has released its third-quarter 2025 financial results, which can be accessed on their website.

Company Overview: XPLR Infrastructure is a limited partnership focused on clean energy infrastructure, aiming to provide long-term value through disciplined capital allocation and benefiting from growth in the U.S. power sector.