Exxon stock forecast is strengthened by global refining spread trends, with current margins indicating sustainable profitability through year-end. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected] Exxon’s Permian Basin transformation marks one of its largest structural advances in decades. The company’s proprietary petroleum-coke proppant technology —a by-product once considered waste—has doubled recovery rates in early field trials to as high as 20% , up from an industry average of 6–8%. With 18 billion barrels in recoverable Permian resources, this innovation could unlock roughly 3.6 billion additional barrels , translating to $162 billion in potential revenue at $65 oil and $20 lifting costs. In current market conditions, Exxon stock forecast suggests resilience despite Fed rate pressures, supported by stable dividend yield of 3.3% and robust free cash flow above $34B FY
