NEP Company Report

Analyst Earnings Quarterly Reports

Earnings summaries and quarterly performance for NEP.

Analyst Coverage

Research analysts who have asked questions during NEP earnings calls.

Andrew Weisel

Scotiabank

3 questions for NEP

Also covers: AEP, BKH, CEG +13 more

Shahriar Pourreza

Guggenheim Partners

3 questions for NEP

Also covers: AEE, AEP, AVA +29 more

Carly Davenport

Goldman Sachs

2 questions for NEP

Also covers: AEE, AEP, D +14 more

Durgesh Chopra

Evercore ISI

2 questions for NEP

Also covers: AEE, AEP, AES +22 more

Julien Dumoulin-Smith

Jefferies

2 questions for NEP

Also covers: AEE, AEP, AES +55 more

David Arcaro

Morgan Stanley

1 question for NEP

Also covers: AEP, AES, ATO +32 more

Jeremy Tonet

JPMorgan Chase & Co.

1 question for NEP

Also covers: AEE, AEP, AM +45 more

Joanne Dumelansmith

Jefferies

1 question for NEP

Michael Sullivan

Wolfe

1 question for NEP

Also covers: AGR, CMS, WEC

Nicholas Campanella

Barclays

1 question for NEP

Also covers: AEE, AEP, AES +32 more

William Grippin

UBS Group AG

1 question for NEP

Also covers: AMRC, AY, BEP +7 more

Latest news

Recent press releases and 8-K filings for NEP.

XPLR Infrastructure Reports Q3 2025 Results and Reaffirms Guidance

NEP

Earnings

Guidance Update

New Projects/Investments

XPLR Infrastructure reported Q3 2025 Adjusted EBITDA of $455 million, roughly flat compared to Q3 2024, and Free Cash Flow Before Growth (FCFBG) of $179 million, a 5% decrease from the prior year comparable quarter.
The company reaffirmed its financial expectations for Calendar Year 2025 and 2026, projecting Adjusted EBITDA of $1,850 – $2,050 million for 2025 and $1,750 – $1,950 million for 2026, with FCFBG expected to be $600 – $700 million for 2026.
Significant progress was made on the repowering program, with ~960 MW completed to date towards the ~1.6 GW announced program, including the successful completion of the Palo Duro and Mammoth Plains projects in June 2025.
Capital structure simplification efforts included the buyout of CEPF 1 in April 2025 and addressing CEPF 2, alongside raising ~$1.75 billion in HoldCo financing and securing over $1 billion in project financing.