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Statement on ExxonMobil HQ Announcement

Published Jan 31, 2022 by Clint Pasche

Exxon Mobil City Place.JPG

ExxonMobil campus at City Place (courtesy: ExxonMobil)

Exxon Mobil today announced it is moving its corporate headquarters from North Texas to its campus in greater Houston in a move that will be completed by 2023. 

Fast Facts:

  • ExxonMobil becomes Houston’s 25th Fortune 500 HQ, which is the third highest concentration in the country, after New York and Chicago. 
  • Exxon Mobil will become the largest Fortune 500 company to be headquartered in the Houston region, ranking #10 in the 2021 listing based on $181.5 billion revenues in 2020.
  • Exxon Mobil’s move to Houston marks the third Fortune 500 headquarters relocation to the region in as many years, with Hewlett Packard Enterprise relocating from San Jose, California in 2020 and NRG Energy relocating from Princeton, New Jersey in 2021.

Statement on Behalf of Greater Houston Partnership President and CEO, Bob Harvey

“We are thrilled with today’s news. ExxonMobil’s move further solidifies Houston’s position as the Energy Capital of the World. ExxonMobil is a key participant in our Houston Energy Transition Initiative, and we look forward to working with the company as we continue to position Houston to lead the energy transition to a low-carbon future. 

In addition, ExxonMobil’s announcement represents the third Fortune 500 headquarters announcement in greater Houston in 13 months, solidifying our position as the number 3 Fortune 500 headquarters city in the nation.”
 

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