Exxon Mobil jet lands in Houston after a week of price warnings and board moves

Exxon Mobil flew from Washington Dulles to Houston Bush Intercontinental on June 18, a 2-hour 37-minute hop aboard its sole corporate jet, Gulfstream G650ER N100A. The trip arrived just past midnight, capping a round trip that had taken the plane to the capital two days earlier.

The same week, Exxon Mobil’s senior vice president Neil Chapman warned the Bernstein Conference in New York that crude oil prices could hit $160 a barrel as commercial inventories run dry [foxbusiness.com](https://www.foxbusiness.com/energy/exxon-chief-warns-skyrocketing-energy-prices-shareholders-approved-plan-exit-blue-state). The warning came on the same day shareholders approved moving the company’s legal home from New Jersey to Texas, a reincorporation CEO Darren Woods said aligns “our legal home with our operating home” in a state that “understands our business” [investor.exxonmobil.com](https://investor.exxonmobil.com/sec-filings/all-sec-filings/content/0001193125-26-099413/0001193125-26-099413.pdf). Exxon Mobil’s first-quarter net income fell to a five-year low due to Middle East supply disruptions, per Reuters [marketscreener.com](https://www.marketscreener.com/news/exxon-beats-first-quarter-earnings-estimate-despite-hit-from-iran-conflict-ce7f58d9db8af02d).

The Houston-based company keeps just one jet in its fleet, an unusually lean setup for a firm of its scale. Recent flight patterns show frequent hops to Dallas, Washington, and international points like London and Qatar, reflecting the constant boardroom and regulatory travel the current energy environment demands.