Raymond James doesn't seem impressed by Cameron's (CAM -1.4%) $275M order from South Korea’s STX...

|About: Cameron International Corpo... (CAM)|By:, SA News Editor

Raymond James doesn't seem impressed by Cameron's (CAM -1.4%) $275M order from South Korea’s STX Offshore & Shipbuilding. "It is still a bit early to get excited" by CAM's award, the firm says; while National Oilwell Varco (NOV -1.8%) likely will maintain its dominant market position in drilling equipment, the impact of the STX deal on CAM’s balance sheet “could be fairly significant."