ExxonMobil announces redomiciliation to Texas effective July 1, 2026
Shareholders approved at annual meeting; shares will continue trading as XOM with no action required.
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Integrated oil, gas, and petrochemicals company
exxonmobil.comLast updated
In short: ExxonMobil shareholders approved moving the legal domicile to Texas while the company reported strong earnings and expanded global energy projects.
Shareholders approved at annual meeting; shares will continue trading as XOM with no action required.
It upgrades carbon feedstocks into graphite offering 30% faster charging, up to 4x longer life, and 30% more capacity. ExxonMobil expands production for U.S. supply chain.
Reports $4.2 billion earnings, or $8.8 billion excluding timing effects and identified items. Achieves record Guyana production and first LNG at Golden Pass. Distributes $9.2 billion to shareholders.
Contributions come from employees, retirees, ExxonMobil Foundation, and events. Majority supports United Way of Greater Houston for education, workforce development, and family services.
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