CAMZ has always had a pretty diverse customer base. They took a bit of a 9/11 hit in the third quarter but their future guidance has remained positive. I like the company and the space; our energy issues are not going to go away. If you are using current earnings as a criteria, it is obviously a bit pricey. I don't currently own the stock but it hits my radar screen anytime it falls below $20. I have successfully traded it several times. If you can pick it up in the $18-20 range, it should fit in well with your 50% goals.
While the information is dated, their audited financials for the year 200 note that they did not have any customers that contributed more than 10% of their revenues. Additionally, they did not list Enron as a customer:
sec.gov
CUSTOMERS
Our customers include a wide range of entities in the energy market,
including utilities, natural gas and electric power marketers, energy retailers,
natural gas and oil producers, local distribution companies, pipelines,
independent power producers, financial institutions and regulatory agencies. As
of December 31, 2000, we had approximately 150 energy enterprise customers
located primarily in the United States, Canada, the United Kingdom, Germany,
Austria, Belgium, the Netherlands, Spain and Venezuela. Our customers include:
UTILITIES
Austin Energy (City of Austin, TX)
Bayernwerk
BC Hydro/Powerex
Carolina Power & Light
Consolidated Edison
Electrabel
Florida Power & Light
GPU Energy
Ontario Power Generation
Pennsylvania Power & Light
Preussen Elektra
Public Service Electric & Gas
TXU Electric and Gas
SEP
NATURAL GAS AND ELECTRIC POWER MARKETERS
Bord Gais
Dynegy
Eastern Electricity plc
Merchant Energy Group of the Americas
PG&E Energy Trading
Valero Refining and Marketing
AES Electric Limited
ENERGY RETAILERS
NewEnergy
FINANCIAL INSTITUTIONS
Credit Suisse First Boston
GE Capital
REGULATORY AGENCIES
OFGEM
GAS AND OIL PRODUCERS
Amerada Hess
Anadarko Petroleum
BP Amoco
Conoco
Ocean Energy/Seagull Energy
Petroleos de Venezuela S.A.
Phillips Petroleum Company
Ultramar Diamond Shamrock
Unocal Corporation
LOCAL DISTRIBUTION COMPANIES
Southwestern Energy
TXU Lone Star Gas
PIPELINES
Coastal Gas Services
Colorado Interstate Gas
El Paso Merchant Energy
Transok, Inc.
INDEPENDENT POWER PRODUCERS
AES Electric
Calpine
TRANSMISSION COMPANIES
TenneT
National Grid Company plc |
