Cheniere and Cheniere Energy Partners will begin trading on the NYSE at the market open on Feb. 5. (Source: Shutterstock)
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.”
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