Seeking Alpha

Cameron shares suffer from Chevron's Rosebank suspension

  • Cameron International (CAM -2.2%) slides lower after Chevron's (CVX) decision to defer its Rosebank project; CAM had announced receipt of a $540M award from CVX for OneSubsea during Q3.
  • CAM's total 2014 revenues from the Rosebank project are estimated at ~$30M.
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