XPLR Infrastructure reports Q2 EPS 84c vs. 66c last year

Reports Q2 revenue $342M, consensus $380.22M. “We are pleased to have signed a definitive agreement to sell the Meade pipeline investment,” said CEO Alan Liu. “This transaction is one of several meaningful steps we have taken against the plan we announced in January. Our focus remains on maintaining balance sheet strength and investing in our existing high-quality assets. Through the second quarter, we have completed a cumulative total of approximately 740 megawatts of repowering projects, representing approximately 47% of our previously announced repowering program. We also have secured over $1 billion in project financing commitments so far in 2025 to support our repowering program, with approximately $338 million borrowed in June. We continue to believe that executing on our previously announced key initiatives will enhance financial flexibility and the long-term value of our portfolio.”