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10.03.26 - 18:54
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43 Years of Dividend Growth Keeps XOM Bulls Holding Through the Noise (24/7 Wall St.)
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One of the biggest names in the oil world, shares of ExxonMobil (NYSE:XOM) are trading near $150 as retail sentiment on Reddit cools from a late-February peak. The proprietary sentiment score hit 72 on February 20, then pulled back to 46 as of March 10, sliding from bullish to neutral territory. The core debate: does ... 43 Years of Dividend Growth Keeps XOM Bulls Holding Through the Noise
The post 43 Years of Dividend Growth Keeps XOM Bulls Holding Through the Noise appeared first on 24/7 Wall St.....
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10.03.26 - 15:03
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After 144 Years In New Jersey, Exxon Asks Shareholders To Back Texas Move To Cut Litigation Risks (ZeroHedge)
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After 144 Years In New Jersey, Exxon Asks Shareholders To Back Texas Move To Cut Litigation Risks
Whether it is Chevron, Tesla, Oracle, Caterpillar, CBRE, Fisher Investments, and/or an expanding roster of other major companies, corporate America has spent the better part of the post-Covid era shifting headquarters to Texas for one simple reason: the state offers a much more business-friendly environment than left-leaning blue states.
In a proxy filing on Tuesday, Exxon Mobil asked shareholders to approve moving its legal domicile from New Jersey to Texas after more than a century in New Jersey.
The main reason executives want to move to the red state is its friendlier business climate, which offers more predictable decision-making and could also reduce exposure to frivolous lawsuits.
"The Texas Redomiciliation may reduce the risk of future frivolous litigation against the Texas Corporation and its directors and officers," Exxon wrote in the filing.
If approved at Exxon's May 27 shar...
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10.03.26 - 13:30
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ExxonMobil To Relocate To Texas From New Jersey (AFX)
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IRVING (dpa-AFX) - Exxon Mobil Corporation (XOM), the oil and gas major, Tuesday announced that it is changing the company's legal domicile from New Jersey to Texas. The company feels Texas' legal......
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