About Us

About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

Contact Cabling Installation & Maintenance

Editorial

Patrick McLaughlin

Serena Aburahma

Advertising and Sponsorship Sales

Peter Fretty - Vice President, Market Leader

Tim Carli - Business Development Manager

Brayden Hudspeth - Sales Development Representative

Subscriptions and Memberships

Subscribe to our newsletters and manage your subscriptions

Feedback/Problems

Send a message to our general in-box

 

My Watchlist
Indicators
Cabling Market Index
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Exxon Mobil or Chevron? Which is the better buy?

By: MarketBeat

Exxon and Chevron stock

The answer to whether Exxon Mobil (NYSE: XOM) or Chevron (NYSE: CVX) is a better buy is relative. Exxon was clearly the better buy for investors before the Q3 results were released, but now that those results are in, the tables have turned. While the 2 reported roughly in alignment with each other and analysts’ targets, there is something wrong with Chevron. 

Chevron’s results highlight why it acquired Hess Corporation and catalyzed a buying opportunity for investors. The takeaway is that Chevron has some hurdles to overcome that Exxon is unaffected by, but the company is working hard to overcome the obstacles. Regardless, both are solid candidates for energy stock and income investors, given the oil market outlook.

The biggest hurdle for Chevron is its investment in Khazakstan. The Khazakstan project is plagued by rising costs and delays that are costing the company cash now and future cash flow. Among the problems is Soviet-era energy infrastructure (electrical and other) that has to be replaced; Chevron execs say insufficient time and resources were allotted in the original estimates. So, to combat the impact on cash flow, Chevron acquired Hess (NYSE: HES)

The all-stock deal for Hess is expected to boost upstream production and create immediate margin leverage for the company. CEO Mike Wirth pledged to make dividend increases and continue with share repurchases to help alleviate concerns about the deal. The next CVX distribution increase is due in Q1 2024. 

Exxon Mobil and Chevron deleverage on lower oil prices, cash flow strong 

Exxon Mobil and Chevron reported nearly 20% declines in revenue that were expected given the drop in oil prices. Exxon missed consensus by 200 basis points, and Chevron outperformed by less with equally significant declines in earnings. 

Earnings are down about 45% compared to last year, but it is the cash flow and balance sheets that are important now. Cash flow is down compared to last year for both but up sequentially and solid. Exxon, specifically, returned $8.1 billion to investors during the quarter, including $3.7 billion in dividends and $4.4 billion in repurchases, while increasing the cash on hand. 

Chevron returned similarly with $6.2 billion in total returns. The difference today is that Chevron’s 6% post-release plunge has its dividend yield up to 4.8% compared to Exxon’s 3.6%, and it is trading at a relative value. Chevron’s P/E is pricing in persistent delay in Khazakstan and trading at a slightly lower valuation. 

The analysts still like energy giants Chevron and Exxon

The analysts' activity in both stocks is mixed in Q3/Q4 but ultimately bullish for the market. While there are some naysayers and critics of both companies, the consensus rating is Moderate Buy with a price target that suggests significant upside potential. Exxon’s low price target aligns with current price action, suggesting the floor is in, the consensus adds about 20%, and Chevron’s upside potential is better. Its low price target is well above the current action, suggesting this stock is deeply undervalued. The CVX consensus target implies about a 30% upside for the market. 

Energy stocks pull back to the buy zone

Energy stocks are rising with several powerful technical signals to drive them. Among the signals are a Golden Crossover in oil prices and a Bullish Triangle confirmed this year. The pullback in price action following the Q3 releases appears to have already hit support and may begin to bottom. If not, these stocks could fall below a critical pivot point and extend the sell-offs to lows. Assuming the market follows through on the opportunity at hand, these stocks should find support neat $100 for XOM and $140 for CVX and continue to trend sideways within their respective ranges. 

More News

View More
3 Overlooked Value Stocks Set to Surge as Rates Drop
Via MarketBeat
Topics Artificial Intelligence Economy
Tickers CAVA CMG LULU UPS
Hims & Hers Stock Pushes to Highs on Healthcare Rate Cut Frenzy
Via MarketBeat
Topics Economy
Tickers HIMS
After the Fed's Rate Cut, PNC Could See a Mortgage Refinance Boom
Via MarketBeat
Topics Economy
Tickers PNC
AIRO Group's Pullback: An Undervalued Growth Opportunity?
Via MarketBeat
Topics Supply Chain
Tickers AIRO
Caterpillar Stock Hits All-Time High—Is There More Room to Run?
Via MarketBeat
Topics Artificial Intelligence Economy World Trade
Tickers CAT
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.