French energy giant and LNG player TotalEnergies has started trading its ordinary shares on the New York Stock Exchange, replacing the listing of its American depositary receipts.
TotalEnergies said on Monday that these ordinary shares trade under the same ticker symbol “TTE” as the one on Euronext and as the former ADR ticker.
On October 30, the company had announced the termination of its ADRs program and the conversion of ADRs into ordinary shares, with each ADR exchangeable for one NYSE-listed ordinary share.
As of December 8, 2025, TotalEnergies converted all outstanding ADRs into ordinary shares listed on the NYSE.
In addition to this announcment, TotalEnergies said in a separate statement that it has signed an agreement with NEO NEXT Energy.
Under the deal, TotalEnergies will merge its upstream business with NEO NEXT and become the leading shareholder in the expanded company, which will be renamed NEO NEXT+, with a 47.5 percent ownership.
HitecVision holds 28.87 percent and Repsol UK holds 23.62 percent in the JV.
With TotalEnergies as its leading shareholder, NEO NEXT+ will become the largest independent oil and gas producer in the UK with a production over 250,000 barrels of oil equivalent per day in 2026, according to the French firm.
Completion of the transaction is subject to customary conditions, including regulatory approvals and is expected during the first half of 2026.