A synthesis of early-quarter calls highlighting the 2025–2026 playbook—production, projects, and strategy. Efficiency, flexibility, and discipline define early-season oil earnings.
The advanced proppant innovation at ExxonMobil is exactly the kind of technical execution that separates tier operators from the pack in mature basins like the Permian. That 3% upstream CAGR through 2030 with dual growth engines in Permian and Guyana shows remarkable discipline compared to the over promis mode many E&Ps fell into pre-2020. The cross value chain consistency on flexibility and capital optionality really stands out, especially given how different macro positioning is between upstream, midstream, and downstream players right now.
The advanced proppant innovation at ExxonMobil is exactly the kind of technical execution that separates tier operators from the pack in mature basins like the Permian. That 3% upstream CAGR through 2030 with dual growth engines in Permian and Guyana shows remarkable discipline compared to the over promis mode many E&Ps fell into pre-2020. The cross value chain consistency on flexibility and capital optionality really stands out, especially given how different macro positioning is between upstream, midstream, and downstream players right now.