TotalEnergies considering moving listing to New York from Paris, FT reports

TotalEnergies is “seriously” considering moving its primary listing to New York from Paris after CEO Patrick Pouyanne previously complained to investors behind closed doors that the company’s European listing was a drag on its valuation versus U.S. peers, The Financial Times’ Sarah White reports. Pouyanne said Friday that “We have more and more U.S. shareholders, thinking of having a clear listing in New York is obviously a move which the board asked me to look at,” adding that he would report back to the board by September,” but that the company’s headquarters will remain in Paris.