XPLR Infrastructure Shares Dive

XPLR Infrastructure shares tank on distribution 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.
XPLR Infrastructure Shares Dive on Distribution Suspension Amid Overhaul - Update
The Juno Beach, Fla., limited partnership, which is majority owned by NextEra Energy, on Tuesday said it plans to stop spending cash on distributions and asset acquisition so it can buy out equity obligations and reinvest in its renewable-energy projects.
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 plunges to all-time low after suspending distributions
XPLR Infrastructure (NYSE:NEP) -32.1% in early trading Tuesday after suspending distributions to unitholders for an indefinite period, as the company looks to reinvest most of its cash flow to fund its renewable energy investments.
NextEra Energy Partners Changes Name to XPLR Infrastructure
NextEra Energy Partners said it was changing its name to XPLR Infrastructure, effective Thursday. The clean-energy company also said it would begin trading under a new symbol, XIFR, on the New York Stock Exchange beginning Feb. 3. The company currently trades under the symbol NEP.
Guggenheim cuts NextEra Energy Partners target to $12
Guggenheim Securities adjusted its outlook on NextEra Energy (NYSE:NEE) Partners (NYSE:NEP), now known as XPLR Infrastructure, by lowering the stock's price target from $17.00 to $12.00 while ...
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