Summary
Energy Transfer LP (ET) has announced its decision to voluntarily delist its Common Units and Series I Preferred Units from the New York Stock Exchange (NYSE) and transfer these listings to the Texas Stock Exchange (TXSE). This strategic move is expected to be completed by October 5, 2026, with the last day of trading on the NYSE being October 2, 2026. The company has stated that its ticker symbols on the TXSE will remain unchanged, aiming for a seamless transition for its unitholders.
Key Highlights
- 1Voluntary delisting of Common Units and Series I Preferred Units from the NYSE.
- 2Transfer of listings to the Texas Stock Exchange (TXSE).
- 3Expected last trading day on NYSE: October 2, 2026.
- 4Expected first trading day on TXSE: October 5, 2026.
- 5Ticker symbols (ET for Common Units, ETprI for Series I Preferred Units) will remain the same on TXSE.
- 6The company has issued a press release detailing this transfer.
Frequently Asked Questions
The filing indicates a voluntary withdrawal and transfer of listing. While specific reasons are not detailed in this 8-K, companies often consider factors such as cost savings, operational efficiencies, or alignment with specific market initiatives when making such decisions.
Your Energy Transfer LP Common Units and Series I Preferred Units will continue to trade under the same ticker symbols (ET and ETprI, respectively). The primary change is the exchange where they are listed, moving from the NYSE to the TXSE. Trading is expected to be continuous with a brief transition period.
Trading on the NYSE is expected to cease at market close on October 2, 2026. Trading on the TXSE is expected to commence at market open on October 5, 2026.
Based on this filing, no immediate action is required from unitholders. The ticker symbols will remain the same, and the transition is intended to be seamless. However, it is always advisable to consult with your brokerage firm or financial advisor for personalized guidance.