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The Texas Tribune
The Texas Tribune
National
Paul Cobler

ExxonMobil set to to move its legal home to Texas, citing business friendly environment

Exxon ExxonMobil Texas Greg Abbott United States Environment Coinbase Delaware Houston New Jersey

ExxonMobil is poised to move its legal headquarters from New Jersey to Texas in search of a more friendly business environment, the company announced Tuesday morning.

The board of directors for the largest U.S.-based oil producing company, which already runs its operations from the Houston suburb of Spring, unanimously recommended to its shareholders that they vote to redomicile the company in Texas.

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