Exxon stock forecast shows dividend sustainability

Exxon stock forecast shows dividend sustainability well-covered by operational cash flow, appealing to long-term equity holders. Exxon Mobil Corporation (NYSE: XOM ) is boosting oil production efficiency and financial resilience through strategic innovations in its Permian Basin operations, positioning the energy giant for stable cash flow and growth even as 2025 brings market uncertainty. Looking closer, Exxon Mobil has outpaced the Energy Select Sector SPDR Fund's ( XLE ) 13.9% dip over the past 52 weeks and 6% drop on a YTD basis. Exxon stock forecast now points to moderate upside potential as Brent crude averages near $85 per barrel in Q2 2024, with analysts targeting $122–$128 over the next six months based on refining margins and downstream performance.