The Texas Stock Exchange, the Dallas-based market that opened for trading in July, took on its first corporate primary listings Monday.
Energy Transfer, Sunoco, SunocoCorp and USA Compression Partners moved their primary listings to TXSE starting Oct. 5, according to an exchange notice to its members. Together the four Energy Transfer-affiliated companies are worth close to $100 billion in market value, The Dallas Express reported.
Dillard's also shifted its Class A common stock and a trust security from the New York Stock Exchange. A TXSE listing notice dated Sept. 28 said the exchange expected to admit both on Oct. 5, after the retailer told federal regulators in September it would voluntarily withdraw them from the NYSE.
The tickers
The companies kept their existing symbols, according to the TXSE notice:
- Energy Transfer common units (ET) and its 9.25% Series I preferred units (ET-PRI)
- Sunoco common units (SUN)
- SunocoCorp common units (SUNC)
- USA Compression common units (USAC)
- Dillard's Class A common stock (DDS) and the 7.5% capital securities of Dillard's Capital Trust I (DDT)
A primary listing names the exchange that oversees a company's listing relationship, though its shares can still change hands on other trading venues.
