Plains All American Pipeline and Plains GP Holdings Announce Transfer of Stock Exchange Listings to Nasdaq
01 Décembre 2020 - 10:16PM
Business Wire
Ticker symbols to remain “PAA” and “PAGP”
Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP
Holdings (NYSE: PAGP) (“Plains”) today announced plans to
voluntarily transfer the stock exchange listings of their common
equity securities from the New York Stock Exchange to The Nasdaq
Global Select Market effective December 11, 2020 after market
close. PAA common units and PAGP Class A shares will begin trading
as Nasdaq-listed securities on December 14, 2020 under their
existing ticker symbols.
“The transfer from NYSE to Nasdaq aligns with Plains’ ongoing
commitment to reduce costs,” said Willie Chiang, Plains’ Chairman
and CEO. “We thank the NYSE for their valued partnership with
Plains for more than 20 years, and we look forward to our new
relationship with Nasdaq.”
PAA is a publicly traded master limited partnership that owns
and operates midstream energy infrastructure and provides logistics
services for crude oil, natural gas liquids (“NGL”) and natural
gas. PAA owns an extensive network of pipeline transportation,
terminalling, storage and gathering assets in key crude oil and NGL
producing basins and transportation corridors and at major market
hubs in the United States and Canada. On average, PAA handles more
than 6 million barrels per day of crude oil and NGL in its
Transportation segment. PAA is headquartered in Houston, Texas.
More information is available at www.plainsallamerican.com.
PAGP is a publicly traded entity that owns an indirect,
non-economic controlling general partner interest in PAA and an
indirect limited partner interest in PAA, one of the largest energy
infrastructure and logistics companies in North America. PAGP is
headquartered in Houston, Texas. More information is available at
www.plainsallamerican.com.
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