In September 2025, indirect subsidiaries of XPLR completed the sale of their ownership interests in Meade Pipeline Co, LLC (Meade), which owned an investment in natural gas pipeline assets in Pennsylvania (Meade pipeline investment). XPLR's results of operations for the Meade pipeline investment are presented as loss from discontinued operations on its condensed consolidated statements of income (loss) for the three and six months ended June 30, 2025.

The table below presents the financial results of the Meade pipeline investment and interest on related project-level indebtedness included in loss from discontinued operations:



	Three Months Ended June 30, 2025		Six Months Ended June 30, 2025
	(millions)










OTHER DEDUCTIONS
Interest expense	$	(17)	$	(40)


Total other deductions – net	(17)		(40)
LOSS BEFORE INCOME TAXES	(17)		(40)
INCOME TAX BENEFIT	(3)		(6)
LOSS FROM DISCONTINUED OPERATIONS(a)	$	(14)	$	(34)

_____________________________

(a) Includes net loss attributable to noncontrolling interests of approximately $6 million and $16 million for the three and six months ended June 30, 2025, respectively, and includes income tax benefit attributable to noncontrolling interests of less than $1 million for all periods presented.

XPLR has elected not to separately disclose discontinued operations on its condensed consolidated statement of cash flows. The table below presents cash flows from discontinued operations for major captions on the condensed consolidated statement of cash flows related to the Meade pipeline investment:



	Six Months Ended June 30, 2025
	(millions)
Change in value of derivative contracts	$	25
Deferred income taxes	$	(6)
Equity in earnings of equity method investees, net of distributions received	$	44