Equity (Tables)

6 Months Ended

Jun. 30, 2026

Equity [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The reconciliation of XPLR's basic and diluted earnings per unit is as follows:


			Three Months Ended June 30,												Six Months Ended June 30,
			2026						2025						2026						2025
			(millions, except per unit amounts)

Numerator – net income (loss) attributable to XPLR:


From continuing operations			$	38					$	87					$	71					$	(1)
From discontinued operations			—						(8)						—						(18)
Net income (loss) attributable to XPLR			$	38					$	79					$	71					$	(19)

Denominator:
Weighted-average number of common units outstanding – basic			94.3						94.0						94.2						93.8
Effect of dilutive convertible notes(a)			—						—						—						—
Weighted-average number of common units outstanding – assuming dilution			94.3						94.0						94.2						93.8

Earnings (loss) per common unit attributable to XPLR – basic and assuming dilution:
From continuing operations			$	0.40					$	0.93					$	0.76					$	(0.01)
From discontinued operations			—						(0.09)						—						(0.19)
Earnings (loss) per common unit attributable to XPLR – basic and assuming dilution			$	0.40					$	0.84					$	0.76					$	(0.20)

————————————

(a)During all periods the outstanding convertible notes were antidilutive and as such were not included in the calculation of diluted earnings per unit.