Midstates Petroleum Inc.’s stock began trading yesterday on the New York Stock Exchange after the firm emerged from bankruptcy protection last week, Tulsa World reported today. The stock is being traded under the company’s previous ticker symbol, MPO. As with most bankruptcy reorganizations, Midstates’ previous common stock was canceled, and its $2 billion in debt was converted into equity in the newly organized company. The stock, which was delisted in February for falling below the exchange’s minimum-listing requirements, opened at $19 per share yesterday and closed at $22.65.
