Another Houston energy company to be delisted from NYSE

Houston-based Key Energy Services Inc. is being delisted from the New York Stock Exchange, according to a press release.

The NYSE notified the company on Nov. 27 that it decided to begin proceedings to delist Key’s stock because the company failed to maintain an average global market capitalization of at least $15 million over 30 consecutive trading days. Trading of the stock was suspended immediately.

Key does not plan to appeal the NYSE’s delisting determination and expects its common stock to…


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