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You can now officially add ExxonMobil to the list.

https://www.bizjournals.com/houston/news/2023/07/10/exxon-mobil-headquarters-move-spring-official-sec.html

"Exxon Mobil Corp. (NYSE: XOM) officially changed the headquarters it has listed with the U.S. Securities and Exchange Commission to Spring this month, making it the largest publicly traded company headquartered in the Houston area."

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4 hours ago, ChannelTwoNews said:

You can now officially add ExxonMobil to the list.

https://www.bizjournals.com/houston/news/2023/07/10/exxon-mobil-headquarters-move-spring-official-sec.html

"Exxon Mobil Corp. (NYSE: XOM) officially changed the headquarters it has listed with the U.S. Securities and Exchange Commission to Spring this month, making it the largest publicly traded company headquartered in the Houston area."

I wonder when/if Chevron will follow suit.

Surely, there are tax benefits to being headquartered in Houston, compared with California.

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10 hours ago, ChannelTwoNews said:

You can now officially add ExxonMobil to the list.

https://www.bizjournals.com/houston/news/2023/07/10/exxon-mobil-headquarters-move-spring-official-sec.html

"Exxon Mobil Corp. (NYSE: XOM) officially changed the headquarters it has listed with the U.S. Securities and Exchange Commission to Spring this month, making it the largest publicly traded company headquartered in the Houston area."

Should’ve waited until 713 Day!

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On 7/11/2023 at 11:57 AM, editor said:

I wonder when/if Chevron will follow suit.

Surely, there are tax benefits to being headquartered in Houston, compared with California.

There aren't a lot of tax benefits related to HQ location. Chevron is a Delaware corporation, which is normal these days. Chevron's California taxes are largely driven by the business it does there, oil fields and refineries, which generate far more income than the HQ.

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Chevron is definitely moving their headquarters here, just hope it is sooner than later.

Also, someone on HAIF previously mentioned Corebridge Financial (AIG spin off) is likely to join the list for 2023 after its first full year of reporting/operating as an independent company.

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  • 3 months later...
On 7/14/2023 at 7:56 AM, CREguy13 said:

Chevron is definitely moving their headquarters here, just hope it is sooner than later.

Also, someone on HAIF previously mentioned Corebridge Financial (AIG spin off) is likely to join the list for 2023 after its first full year of reporting/operating as an independent company.

Chevron buying Hess all but solidifies the inevitable HQ move to Houston iyam. Houston is Hess's largest employee base, not New York, and aside from all the clear advantages to bringing the combined company here, it really makes zero sense for a new "Mega Major" energy company to be headquartered in New York or California.

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On 10/23/2023 at 1:32 PM, CREguy13 said:

Chevron buying Hess all but solidifies the inevitable HQ move to Houston iyam. Houston is Hess's largest employee base, not New York, and aside from all the clear advantages to bringing the combined company here, it really makes zero sense for a new "Mega Major" energy company to be headquartered in New York or California.

Unfortunately, even if that happens, Houston will be down 1 if Marathon and Southwestern get acquired.

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