Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
On April 10, 2026, indirect subsidiaries of XPLR Infrastructure, LP borrowed a total of approximately $232 million under a limited-recourse senior secured variable rate term loan facility. As of April 10, 2026, approximately $27 million was available under the facility, subject to specified conditions.