CAM
Cameron International Corporation
Industrial/Transportation, Energy
01/10/2014
Presented
| Date | 01/07/2014 |
| Price | $58.56 |
| Market Cap | $13.90B |
| Ent Value | $15.34B |
| P/E Ratio | 12.16x |
| Book Value | $23.36 |
| Div Yield | N/A |
| Shares O/S | 237.87M |
| Ave Daily Vol | 3,830,000 |
| Short Int | 2.94% |
Current
| Price | $66.01 |
| Market Cap | $12.65B |
| Cameron International Corporation provides flow equipment products, systems, and services worldwide. Its Drilling & Production Systems segment offers systems and equipment to control pressures and direct flows of oil and gas wells; and designs and manufactures structural components for land and offshore drilling rigs. This segment provides surface and subsea production systems, blowout preventers, drilling and production control systems, block and gate valves, actuators, chokes, wellheads, manifolds, drilling risers, top drives, mud pumps, elastomers, and other rig products. The company’s Valves & Measurement segment offers valves and measurement systems primarily to control, direct, and measure the flow of oil and gas. This segment provides gate and ball valves, butterfly valves, double block and bleed valves, plug and globe valves, check valves, actuators, and chokes; and totalizers, turbine meters, flow computers, chart recorders, ultrasonic flow meters, and sampling systems. Its Process & Compression Systems segment offers process packages for the separation and treatment of impurities. This segment provides oil and gas separation equipment, heaters, dehydration and desalting units, gas conditioning units, membrane separation and water processing systems, integral engine-compressors, separable reciprocating compressors, two and four-stroke cycle gas engines, turbochargers, integrally-geared centrifugal compressors, and compressor systems and controls; and aftermarket services comprising spare parts, technical services, repairs, overhauls, and upgrades. Cameron International Corporation serves oil, gas, and process industries through sales and marketing employees, agents, distributors, and wholesalers. The company was formerly known as Cooper Cameron Corporation and changed its name to Cameron International Corporation in May 2006. Cameron International Corporation was founded in 1833 and is headquartered in Houston, Texas. |
Highlights
At a time when “nobody seems to want to own Cameron (CAM)” for a variety of reasons, the presenter is long shares because the underlying trends appear to be constructive, in his opinion. He sees the potential for the stock to appreciate to the $75-$80 level (from the high $50s) over the next 12 months, and outlined his bullish stance as follows:
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