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Published on 11/8/2018 in the Prospect News High Yield Daily.

Denbury, Windstream notes mixed post-earnings; Air Methods issues plummet

By James McCandless

San Antonio, Nov. 8 – Another round of third-quarter earnings results generated Thursday’s buzz in the distressed debt space.

Denbury Resources Inc.’s notes were mixed after the company released its third-quarter earnings on Thursday.

After a late Wednesday earnings release, EP Energy Corp.’s issues were slightly higher.

Elsewhere in the sector, Parker Drilling Co.’s paper continued to be a target after its Monday earnings release.

Weatherford International plc’s notes moved lower.

In telecom, Windstream Holdings, Inc.’s issues were also mixed after releasing its earnings on Thursday morning.

Sector peers Frontier Communications Corp. and Intelsat’s paper were mixed.

Medical transport name Air Methods Corp.’s notes plummeted on its results.

Hexion, Inc.’s issues continued to trend negative.


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