Shares of XPLR Infrastructure (NEP) are lower in Tuesday trading after the company announced earlier that it is moving from a business model that “focused almost entirely on raising new capital ...
XPLR Infrastructure (formerly NextEra Energy Partners) has eliminated its distribution to address heavy debt and equity obligations. I discuss the path forward for the company. I also share ...
(Reuters) - XPLR Infrastructure said on Tuesday it will suspend its distribution to unitholders for an indefinite period, sending the company's shares down 30%. The move comes as XPLR looks to ...
XPLR Infrastructure lost more than a quarter its market value after the renewable-energy company said it would indefinitely stop distributions to unitholders and named a new chief executive as it ...
XPLR Infrastructure shares dived 24% in premarket trading after suspending distributions to unitholders for an indefinite period. Shares were trading around $12.04. The stock is down 47% over the ...
Jefferies lowered the firm’s price target on XPLR Infrastructure (NEP) to $15 from $25 and keeps a Buy rating on the shares after the company announced a full distribution cut and guided to ...
XPLR Infrastructure, LP NEP recorded fourth-quarter 2024 operating earnings of 99 cents per unit, which surpassed the Zacks Consensus Estimate of 52 cents by 90.3%. The firm reported a loss of 35 ...
Jan 28 (Reuters) - XPLR Infrastructure (NEP.N), opens new tab said on Tuesday it will suspend its distribution to unitholders for an indefinite period, sending the company's shares down 30%.