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Houston energy company’s stock suspended, to be delisted from NYSE

Olivia Pulsinelli
Houston energy company’s stock suspended, to be delisted from NYSE

The New York Stock Exchange has begun the process to delist Houston-based EP Energy Inc.'s (NYSE: EPE) stock because its price per share was too low. Trading of the company’s common stock was suspended on May 23, and the NYSE plans to apply to the U.S. Securities and Exchange to delist EP Energy, according to a press release. EP Energy expects its common stock will begin trading on the OTC Pink marketplace under the symbol “EPEG” May 24, but the company’s business operations and SEC reporting will not be affected.