Bardin Hill Dumps 349,000 Shares of Frontier Communicaitons Stock Worth $12.7 Million

Core Insights - Bardin Hill Management Partners LP has completely exited its position in Frontier Communications Parent, selling all 348,850 shares for a total value of $12,698,140, as disclosed in an SEC filing on November 12, 2025 [1][2]. Company Overview - Frontier Communications Parent provides a wide range of telecommunications services, utilizing its extensive fiber and broadband network to cater to a diverse customer base across the United States [4][7]. - The company operates a network infrastructure that serves both consumer and business customers, focusing on subscription-based revenue from residential, small business, and enterprise clients [7]. Financial Metrics - As of November 12, 2025, Frontier's stock price was $37.96, reflecting an 11.16% increase over the past year, although it underperformed the S&P 500 by 3.78 percentage points [6]. - The company's market capitalization stands at $9.50 billion, with a trailing twelve months (TTM) revenue of $6.11 billion and a TTM net income of -$381 million [3]. Investment Context - Following the sale of Frontier shares, Bardin Hill now holds only six stocks in its fund, with a significant concentration of 78% of its assets in an energy company called NextDecade [5][8]. - The investment in Frontier was relatively short-term, as Bardin Hill did not hold any shares until the first quarter of 2025, gradually increasing its position before selling it entirely [9].