XPLR Infrastructure (XIFR) AI Stock Analysis

• Market Cap: $1.79B
• Dividend Yield: N/A
• Average Volume (3M): 1.12M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.98
• Revenue Growth: 7.04%
• EPS Growth: -176.92%
• Country: US
• Employees: N/A
• Sector: Utilities
• Sector Strength: 65
• Industry: Independent Power Producers
• EPS (TTM): -0.37
• Shares Outstanding: 93,966,350
• 10 Day Avg. Volume: 1,252,904
• 30 Day Avg. Volume: 1,120,813
• PEG Ratio: 0.68
• Price to Book (P/B): 0.54
• Price to Sales (P/S): 1.42
• P/FCF Ratio: 3.13
• Enterprise Value/Market Cap: 7.74
• Enterprise Value/Revenue: 11.26
• Enterprise Value/Gross Profit: 22.69
• Enterprise Value/Ebitda: 231.03
• 1Y Price Target: $12.67
• Price Target Upside: 32.95% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 7
• EPS Forecast (FY): 0.29
• Revenue Forecast (FY): $1.34B

• Rating: 58 Neutral
• Price Target: $9.50 ▼(-0.31% Downside)

XPLR Infrastructure's overall stock score is primarily influenced by its financial performance challenges, including declining revenues and profitability. However, positive cash flow trends and recent corporate events aimed at strengthening its financial position and supporting growth in the renewable energy sector provide some optimism. Technical analysis indicates a lack of strong momentum, and valuation concerns remain due to ongoing losses.

Positive Factors

Renewable Energy Expansion

Securing significant financing for renewable projects enhances XPLR's strategic shift towards sustainable energy, supporting long-term growth.

Strategic Debt Management

Issuing notes to optimize capital structure and fund clean energy projects strengthens financial strategy and supports sustainable growth.

Positive Cash Flow Trends

Positive cash flow trends indicate strong cash generation ability, providing financial flexibility and supporting future investments.

Negative Factors

Declining Revenue

Significant revenue decline indicates market challenges, potentially impacting long-term financial stability and growth prospects.

Negative Profit Margins

Negative profit margins highlight operational inefficiencies, which could hinder profitability and require strategic cost management.

Volatile Financial Performance

Volatile financial performance reflects operational challenges, necessitating improved efficiency and strategic adjustments for stability.

XPLR Infrastructure Business Overview & Revenue Model

Company Description

XPLR Infrastructure LP engages in the acquisition, management, and ownership of contracted clean energy projects with long-term cash flows. It owns interests in wind and solar projects in North America and natural gas infrastructure assets in Texas. The company was founded on March 6, 2014 and is headquartered in Juno Beach, FL.

How the Company Makes Money

XPLR Infrastructure generates revenue through several key streams. Primarily, the company earns income by contracting for large-scale infrastructure projects, which include construction, maintenance, and management services for public and private sector clients. Additionally, XIFR offers consulting services that help organizations assess and implement infrastructure improvements, further contributing to its revenue. The company also engages in partnerships with government entities and private firms, allowing for shared investments in infrastructure development. Furthermore, XIFR may explore revenue through innovative financing mechanisms, such as public-private partnerships (PPPs) and asset leasing, enhancing its financial stability and growth potential.

XPLR Infrastructure Financial Statement Overview

Summary

XPLR Infrastructure faces challenges with declining revenues and profitability, as evidenced by negative net income and margins. However, the company maintains a relatively stable balance sheet with a moderate debt-to-equity ratio and positive cash flow trends. The focus should be on improving operational efficiency and revenue growth to enhance financial performance.

Income Statement

XPLR Infrastructure's income statement shows significant volatility. The company experienced a sharp decline in revenue growth rate of -48.5% in the TTM period, indicating a challenging market environment. Gross profit margin remains relatively strong at 72.85%, but the net profit margin is negative at -19.33%, reflecting substantial losses. The EBIT and EBITDA margins are also negative, highlighting operational inefficiencies and potential cost management issues.

Balance Sheet

The balance sheet reveals a moderate debt-to-equity ratio of 0.59 in the TTM period, suggesting a balanced leverage position compared to previous years. However, the return on equity is negative, indicating that the company is not generating sufficient returns on shareholders' equity. The equity ratio is not explicitly calculated, but the company's total assets and stockholders' equity suggest a stable financial structure.

Cash Flow

XPLR Infrastructure's cash flow statement shows a positive trend in free cash flow growth of 9.36% in the TTM period, which is a positive indicator of cash generation capabilities. The operating cash flow to net income ratio is 0.43, suggesting that the company is generating adequate cash relative to its net income. The free cash flow to net income ratio of 0.87 further supports the company's ability to convert income into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.23B	1.23B	1.08B	969.00M	722.00M	917.00M
Gross Profit	611.00M	726.00M	558.00M	442.00M	348.00M	554.00M
EBITDA	60.00M	345.00M	772.00M	581.00M	474.00M	737.00M
Net Income	-170.00M	-23.00M	200.00M	477.00M	137.00M	-50.00M
Balance Sheet
Total Assets	19.13B	20.29B	22.51B	23.05B	18.98B	12.56B
Cash, Cash Equivalents and Short-Term Investments	774.00M	328.00M	274.00M	226.00M	147.00M	108.00M
Total Debt	5.86B	5.34B	6.29B	5.29B	5.33B	3.39B
Total Liabilities	8.15B	7.43B	8.45B	8.28B	7.82B	4.86B
Stockholders Equity	3.16B	3.21B	3.57B	3.33B	2.98B	2.35B
Cash Flow
Free Cash Flow	100.00M	559.00M	-538.00M	-575.00M	564.00M	331.00M
Operating Cash Flow	836.00M	800.00M	731.00M	776.00M	677.00M	665.00M
Investing Cash Flow	444.00M	1.24B	-194.00M	-1.19B	-2.30B	-681.00M
Financing Cash Flow	-851.00M	-2.00B	-527.00M	551.00M	1.66B	-4.00M

XPLR Infrastructure Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.53
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For XIFR, the sentiment is Positive. The current price of 9.53 is above the 20-day moving average (MA) of 9.13, above the 50-day MA of 9.50, and above the 200-day MA of 9.34, indicating a bullish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 56.55 is Neutral, neither overbought nor oversold. The STOCH value of 79.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for XIFR.

XPLR Infrastructure Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PAM	74 Outperform	$5.11B	13.95	10.44%	―	6.37%	7.35%
KEN	73 Outperform	$3.41B	7.23	-7.86%	7.33%	8.15%	180.89%
NRG	69 Neutral	$30.30B	23.11	64.19%	1.11%	6.40%	62.12%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
VST	65 Neutral	$54.78B	57.75	21.63%	0.56%	42.77%	-47.64%
TLN	60 Neutral	$17.40B	82.71	11.72%	―	80.20%	-74.33%
XIFR	58 Neutral	$1.79B	-5.67	-4.69%	―	7.04%	-176.92%

XPLR Infrastructure Corporate Events

XPLR Infrastructure Secures Major Renewable Project Loan Facilities

On December 19, 2025, Glenn Portfolio Holdings, an indirect subsidiary of XPLR Infrastructure, entered into an approximately $550 million limited-recourse senior secured variable-rate term loan facility maturing in December 2030, secured by all of the assets and equity interests of Glenn Holdings and its subsidiaries, which are expected to include around 544 MW of net renewable energy capacity; the loan will bear interest based on a floating index plus a margin, feature partial semi-annual principal amortization, and be hedged through interest rate swaps to mitigate rate volatility. Additionally, on December 18, 2025, other indirect subsidiaries of XPLR borrowed about $169 million under two similar limited-recourse senior secured variable-rate term loan facilities, with approximately $105 million remaining available as of December 19, 2025, and these project-level financings align with XPLR’s previously communicated 2025–2026 financing plan, underscoring its ongoing strategy to leverage secured debt to fund and expand its renewable energy portfolio.

XPLR Infrastructure Issues $750 Million in Notes

On November 21, 2025, XPLR Infrastructure Operating Partners, LP, a subsidiary of XPLR Infrastructure, issued $750 million in senior unsecured notes due 2034. These notes, guaranteed by XPLR and its subsidiary, offer various redemption options and are subject to specific financial covenants and provisions, impacting the company’s financial strategy and stakeholder interests.

XPLR Infrastructure Prices $750M Senior Notes Offering

On November 12, 2025, XPLR Infrastructure, LP announced the pricing of $750 million in senior unsecured notes due 2034 through its subsidiary, XPLR Infrastructure Operating Partners, LP. The proceeds from this offering, expected to close on November 21, 2025, will be used for general corporate purposes, including repaying existing debt and investing in clean energy projects. This financial maneuver is part of XPLR’s strategy to optimize its capital structure and support its growth in the renewable energy sector.

XPLR Infrastructure Announces $750M Notes Offering

On November 12, 2025, XPLR Infrastructure announced a private offering of $750 million in senior unsecured notes due 2034 through its subsidiary, XPLR OpCo. The proceeds will be used for general business purposes, including repaying debt and investing in clean energy projects. This move is part of XPLR’s strategy to strengthen its financial position and support its growth in the clean energy sector.

XPLR Infrastructure Sells Pipeline Interests for $1.1B

On September 22, 2025, XPLR Infrastructure, LP completed the sale of its interests in Meade Pipeline Co, LLC and Redwood Meade Midstream MPC, LLC to affiliates of Ares Management LLC for approximately $1.1 billion. This transaction, initially agreed upon on August 7, 2025, reflects XPLR’s strategic move to divest from certain natural gas pipeline assets in Pennsylvania, impacting its financial statements and potentially altering its market positioning.