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
Exxon Versus Chevron: The Fight for Hess’ 30% Guyana Interest
2024-03-04 - Chevron's plan to buy Hess Corp. and assume a 30% foothold in Guyana has been complicated by Exxon Mobil and CNOOC's claims that they have the right of first refusal for the interest.
Petrobras to Step Up Exploration with $7.5B in Capex, CEO Says
2024-03-26 - Petrobras CEO Jean Paul Prates said the company is considering exploration opportunities from the Equatorial margin of South America to West Africa.
The OGInterview: How do Woodside's Growth Projects Fit into its Portfolio?
2024-04-01 - Woodside Energy CEO Meg O'Neill discusses the company's current growth projects across the globe and the impact they will have on the company's future with Hart Energy's Pietro Pitts.
Deepwater Roundup 2024: Offshore Australasia, Surrounding Areas
2024-04-09 - Projects in Australia and Asia are progressing in part two of Hart Energy's 2024 Deepwater Roundup. Deepwater projects in Vietnam and Australia look to yield high reserves, while a project offshore Malaysia looks to will be developed by an solar panel powered FPSO.
Pitts: Heavyweight Battle Brewing Between US Supermajors in South America
2024-04-09 - Exxon Mobil took the first swing in defense of its right of first refusal for Hess' interest in Guyana's Stabroek Block, but Chevron isn't backing down.