XPLR Infrastructure Lowers 2026 Outlook Within Existing Ranges

XPLR Infrastructure, LP moved its 2026 adjusted EBITDA and free cash flow expectations toward the lower ends of existing ranges Tuesday, while preliminary, unaudited third-quarter revenue rose 5.4% year over year.

XPLR expects 2026 adjusted EBITDA in the lower half of its $1.75 billion to $1.95 billion range. It expects free cash flow before growth, or FCFBG, at or near the low end of its $600 million to $700 million range. Both expectations remain within the previous ranges.

The preliminary, unaudited third-quarter results included $332 million in revenue, compared with $315 million a year earlier. Net income attributable to XPLR was $51 million, and earnings per common unit attributable to XPLR were $0.54. Adjusted EBITDA was $471 million, while FCFBG was $164 million.

For 2027, XPLR expects adjusted EBITDA of $1.56 billion to $1.70 billion and FCFBG of $525 million to $600 million. It expects 2028 FCFBG to be in line with 2027.