XPLR Infrastructure LP Common Units representing limited partner interests (XIFR)

FairStock Score: 56/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I start with business quality and price. XPLR owns contracted clean-energy assets, but the filed record is erratic. In fiscal 2023, the year ended 2023-12-31, net income was $200.0M and diluted EPS was $2.18. Then fiscal 2024 brought a net loss of $23.0M, or $0.25 per diluted unit, and fiscal 2025 a net loss of $28.0M, or $0.30 per diluted unit. Revenue was roughly $1.2B in both fiscal 2024 and fiscal 2025, so growth has not translated into profit. The Lynch category is TURNAROUND, loss in the latest year after earlier profits, and that fits. There is little evidence of a durable moat; these are capital-intensive assets whose value depends on contracts and financing costs. The balance sheet and cash flow are my worry: trailing free cash flow was negative $409.0M, a FairStock FCF yield of -42.3%. At the 2026-10-13 close of $10.25, FairStock shows P/B 0.30, P/E 14.64, and a Graham Number of $23.25, implying a 55.91% margin of safety. But an Altman Z-Score of 0.11 signals distress, and ROE is -1.61%. The 39.72% dividend yield may be a warning, not a gift. A Piotroski F-Score of 8/9 and fiscal Q1 2026 net income of $33.0M, or $0.35 per diluted unit, offer hope. Absent a durable return to positive free cash flow, the low price may simply reflect the risk.

In plain English: XPLR owns wind, solar, and battery power projects and sells the energy. The business looks weak: it lost money in fiscal 2024 and fiscal 2025 and is burning cash. The price looks cheap compared with its asset value and a conservative value formula, but the very high dividend and weak cash flow make that cheapness uncertain.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · fiscal Q1 2025 10-Q (period ended 2025-03-31) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer