Company Overview
XPLR Infrastructure, LP engages in the energy selling business within the United States by operating a portfolio of contracted clean energy assets that include wind, solar, and battery storage projects. The company operates within the Utilities sector and the Utilities - Renewable industry, positioning it as a provider of renewable power solutions in the U.S. market. In terms of scale, the entity carries a market capitalization of $961.28M and reports annual revenue of $1.19B, though specific employee count data is unavailable in the provided records. These valuation and revenue figures indicate that the company holds a significant position within the renewable energy landscape, commanding nearly a billion dollars in market value while generating substantial annual sales. The substantial market cap relative to its revenue suggests a market valuation that places a premium on its contracted asset portfolio, reflecting the strategic importance of its clean energy infrastructure.
Financial Health
The company reported a revenue of $1.19B for the trailing twelve months, with a net income of $9.00M and an EBITDA of $705.00M. The significant gap between the $1.19B revenue and the $9.00M net income reveals a complex cost structure where operating expenses, likely driven by high capital expenditures or maintenance costs, consume the majority of gross earnings before reaching the bottom line. Free cash flow stands at $-8,875,000, indicating that the company is currently consuming cash rather than generating it, which implies limited financial flexibility for discretionary spending or aggressive debt reduction without external financing. Gross margin is reported at 58.1%, suggesting that the cost of goods sold is relatively low compared to sales, while the operating margin of -19.7% and profit margin of -2.4% highlight substantial operating inefficiencies or high overhead costs that erode profitability before taxes. On the balance sheet, total cash holdings of $960.00M are significantly lower than total debt of $6.25B, and the debt-to-equity ratio is 57.36, indicating a highly leveraged financial structure rather than a conservative one. The current ratio is 0.91, which suggests that the company's current assets are slightly less than its current liabilities, pointing to potential short-term liquidity constraints. Return on Equity is -3.4% and Return on Assets is 0.2%, metrics that reveal management is currently not generating strong returns on the capital invested, with equity holders seeing a negative return while asset utilization yields minimal positive returns.
Valuation Assessment
The trailing P/E ratio is N/A due to low net income, while the forward P/E is 8.53, implying that the market expects earnings to recover and grow significantly in the coming year to justify the current stock price. The price-to-book ratio is 0.30, indicating that the market values the company at less than one-third of its book value, which suggests the stock may be undervalued relative to its asset base or reflects market concerns about future earnings stability. The price-to-sales ratio is 0.81 and the EV/EBITDA is 19.81, providing alternative valuation perspectives where the low price-to-sales suggests the company trades at a fraction of its sales, while the EV/EBITDA of 19.81 reflects the high debt load in the enterprise value calculation. The 52-week high is $11.43 and the 52-week low is $7.53; without a specific current price listed in the facts, the relative position is defined by this trading range which encompasses a volatility of approximately 34% from low to high. The beta value is 0.95, meaning the stock price volatility is nearly identical to the broader market, indicating it does not amplify or dampen market movements significantly.
Growth & Income
Revenue growth year-over-year is -15.3%, while earnings growth is N/A, suggesting that the company is currently experiencing a contraction in top-line sales which directly impacts its bottom line given the negligible net income. Since earnings are not growing positively alongside revenue due to the negative revenue trend, the company faces challenges in scaling profitability in the current period. As a non-dividend payer in the traditional sense of sustaining a payout, the dividend yield is listed at 39.7% with a payout ratio of 0.0%, indicating that the company currently retains all earnings and does not distribute them to shareholders, effectively reinvesting resources into operations or debt servicing rather than paying dividends. The overall growth and income profile is characterized by negative revenue expansion, high leverage, and a complete lack of dividend distributions, presenting a scenario where capital returns to shareholders are zero while the company navigates significant operational headwinds.