ExxonMobil plans to redomicile from New Jersey to Texas, citing the state's business-friendly legal environment and modernized corporate statutes.

The oil giant is considering relocating its legal home to Texas, where its headquarters already operate, pending a shareholder vote in May.

Exxon Mobil wants to abandon its corporate registration in New Jersey and redomicile in Texas, where its headquarters is located, the oil giant announced Tuesday. If approved by shareholders, Exxon ...

Exxon Mobil is seeking to move its legal home from New Jersey to Texas, saying the change would help the company avoid “frivolous” shareholder lawsuits.

By Sheila Dang and Ross Kerber HOUSTON/BOSTON, March 10 (Reuters) - Exxon Mobil is seeking to abandon its corporate registration in New Jersey and redomicile in Texas where its headquarters is located ...

ExxonMobil's board has unanimously recommended relocating the company's legal domicile from New Jersey to Texas, aligning its legal base with its operational headquarters.

The oil giant says relocating its legal home could strengthen its position in policy and shareholder matters. ELIZABETH, NJ - It's not just families and retirees fleeing the government of New Jersey.

Gov. Greg Abbott celebrated the announcement on Tuesday, crediting Texas’ legal environment. Exxon has based its operations in the Houston area since 1989.

ExxonMobil on Tuesday said it is redomiciling its legal headquarters to Texas. It’s top reason: Texas’ new business court and regulatory framework.

How much is gas in NJ? The Iranian conflict is disrupting oil flows, with the cost of crude oil surging.