Cheniere Energy (LNG) and a company under its business umbrella have met the requirements of uplisting for the New York Stock Exchange, the company announced Jan. 31.
Cheniere and Cheniere Energy Partners (CQP), a publicly traded Delaware limited partnership formed by Cheniere, will cease trading on the NYSE American after the market closes on Feb. 2, and begin trading on the NYSE at the market open on Feb. 5. The companies will keep the same symbols, LNG and CQP, as they used on NYSE American.
Cheniere is a global company specializing in LNG production and is the largest LNG producer in the U.S. Cheniere Energy Partners owns the Sabine Pass LNG terminal in Cameron Parish, Louisiana, which has a total production capacity of about 30 million tonnes per annum of LNG.
“Cheniere has been listed on the NYSE American or its predecessors for over two decades, and we thank the NYSE American for the many years of cooperation and being a key part of the Cheniere success story," said Zach Davis, Cheniere's executive vice president and CFO. "We look forward to furthering that success as part of the NYSE family with our uplisting to NYSE.”
Recommended Reading
Chouest Acquires ROV Company ROVOP to Expand Subsea Capabilities
2024-05-02 - With the acquisition of ROVOP, Chouest will have a fleet of more than 100 ROVs.
SLB, OneSubsea, Subsea 7 Sign Collaboration Deal with Equinor
2024-05-02 - Work is expected to begin immediately on Equinor’s Wisting and Bay Du Nord projects.
SilverBow Makes Horseshoe Lateral in Austin Chalk
2024-05-01 - SilverBow Resources’ 8,900-foot lateral was drilled in Live Oak County at the intersection of South Texas’ oil and condensate phases. It's a first in the Chalk.
Petrobras Sending Nearly Half of Oil Exports to China
2024-04-30 - Conflict in the Middle East has enabled Brazil’s state-owned Petrobras to change the flow of its oil exports, with China being the primary beneficiary, followed by Europe.
Equinor Says EQT Asset Swap Upgrades International Portfolio
2024-04-30 - Equinor CFO Torgrim Reitan says the company’s recent U.S. asset swap with EQT Corp. was an example of the European company “high-grading” its international E&P portfolio.