XPLR Infrastructure Stock Falls Amid Multiple Price Target Cuts A Day After Strategic Pivot: Retail Sentiment Declines
Shares of XPLR Infrastructure (NEP) tumbled more than 10% in morning trade on Wednesday after multiple price target cuts from brokerages a day after the company announced a strategic pivot. According to TheFly,
XPLR Infrastructure shares tank on distribution suspension
XPLR Infrastructure said on Tuesday it will suspend its distribution to unitholders for an indefinite period, sending the company's shares down 30%.
XPLR stock tumbles following dividend suspension and strategic shift
For 2025, XPLR Infrastructure forecasts adjusted EBITDA to remain roughly flat YoY, with a potential impact from the expected sale of the Meade pipeline investment. Looking ahead to 2026, the company anticipates an adjusted EBITDA between $1.75 billion and $1.95 billion, a decrease attributed to the sale of the Meade pipeline investment.
XPLR Infrastructure Stock Tanks Nearly 30% On Dividend Suspension, Strategic Pivot: Retail Shrugs It Off
Shares of XPLR Infrastructure (NEP) tanked nearly 30% in mid-day trade on Tuesday after the company suspended its dividend indefinitely. XPLR reported its earnings for the fourth quarter and fiscal year 2024,
XPLR Infrastructure stock nosedives on suspended dividend
XPLR Infrastructure (NEP) (formerly NextEra Energy Partners) shares tumble after the company announces it has indefinitely suspended its dividend. Market Domination co-hosts Julie Hyman and Josh Lipton take a closer look at the stock move.
Why Did XPLR Infrastructure LP (NEP) Stock See -37.43% Plunge in the Last 90 Days?
XPLR Infrastructure LP (NEP) stock saw a decline, ending the day at $15.7 which represents a decrease of $-1.14 or -6.77% from the prior close of $16.84. The stock opened at $16.55 and touched a low of $15.
XPLR Infrastructure down after strategic repositioning, suspending distributions
Shares of XPLR Infrastructure (NEP) are lower in Tuesday trading after the company announced earlier that it is moving from a business model
XPLR Infrastructure Shares Dive on Distribution Suspension Amid Overhaul - Update
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 overhauls its business model.
NextEra Energy's XPLR Infrastructure shares tank on dividend suspension
XPLR Infrastructure , a unit of utility firm NextEra Energy, said on Tuesday it will suspend its dividend for an indefinite period, sending the company's shares down 23% in premarket trade. The move comes as XPLR looks to reinvest most of its cash flow to fund its renewable energy investments.
NEP Faces 30% Drop As XPLR Infrastructure Suspends Dividend
NextEra Energy Partners, LP (NEP) saw its stock price plunge by 29.62 percent, during Tuesday morning trading after XPLR
XPLR Infrastructure Shares Dive After Suspending Distributions to Unitholders
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 last year.
XPLR Infrastructure plunges to all-time low after suspending distributions
XPLR Infrastructure suspends distributions indefinitely, as company former NextEra Energy Partners looks to reinvest most of ...
In a Surprising Move, This Beaten-Down Energy Stock Is Suspending What Once Was a Monster Dividend
The company shifted one aspect of its funding strategy in 2018. It started executing convertible equity portfolio financings ...
XPLR Infrastructure price target lowered to $15 from $25 at Jefferies
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 ...
XPLR Infrastructure Q4 Earnings Beat Estimates, Revenues Lag
NEP's fourth-quarter 2024 earnings increase year over year. Total operating expenses increase during the same period due to ...