Energy Transfer to Move Primary Listing from NYSE to Texas Stock Exchange

Corporate Action
โดย Seeking Alpha·US·Read original
Summary · why it matters

Energy Transfer is preparing to become the first major company to switch its primary listing from the NYSE to the Texas Stock Exchange, The Wall Street Journal reported late Wednesday. The pipeline company, which carries a market capitalization of roughly $75 billion, plans to make the move as soon as next month. Energy Transfer Executive Chairman Kelcy Warren, whose estimated net worth exceeds $9 billion, is a major backer of the exchange's parent company, holding a roughly 30% stake in TXSE Group according to a 2025 filing. TXSE has already attracted multiple ETFs that will list on it in the coming weeks, but the Dallas-based Energy Transfer would be the first big corporate listing on the venue.

Impact on stocks 2

Energy Transition & Power Demand · 1 stocks
Energy Transfer LP
ET
± MixedCapitalrelevance

Energy Transfer plans to switch its primary listing from NYSE to the Texas Stock Exchange, a corporate/valuation event with unclear market impact.

Energy · 1 stocks

Off-coverage companies 1

TXSE Group Inc.Private▲ Positive
Capitalrelevance

TXSE Group gains its first major corporate listing as Energy Transfer moves its primary listing to the Texas Stock Exchange.