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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 11-K
ANNUAL REPORT
[x] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 1998
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
Commission file number 1-13884
A. Full title of the Plan and the address of the Plan, if different from
that of the issuer named below:
INDIVIDUAL ACCOUNT RETIREMENT PLAN FOR COOPER
CAMERON CORPORATION HOURLY EMPLOYEES, UAW,
AT THE SUPERIOR PLANT
B. Name of issuer of the securities held pursuant to the Plan and the
address of the principal executive office:
COOPER CAMERON CORPORATION
515 Post Oak Boulevard, Suite 1200
Houston, Texas 77027
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INDIVIDUAL ACCOUNT RETIREMENT PLAN FOR COOPER
CAMERON CORPORATION HOURLY EMPLOYEES, UAW,
AT THE SUPERIOR PLANT
<TABLE>
<CAPTION>
Page
<S> <C>
Unaudited Financial Statements
Statements of Net Assets Available for Benefits 1
Statement of Changes in Net Assets Available for Benefits 2
with Fund Information
Signature 3
</TABLE>
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INDIVIDUAL ACCOUNT RETIREMENT PLAN FOR COOPER CAMERON CORPORATION
HOURLY EMPLOYEES, UAW, AT THE SUPERIOR PLANT
STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
<TABLE>
<CAPTION>
DECEMBER 31
1998 1997
------------ ------------
<S> <C> <C>
ASSETS
Contributions receivable:
Employer $ 1,571 $ 883
Employee 826 1,501
------------ ------------
Total contributions receivable 2,397 2,384
Plan interest in Cooper Cameron Corporation
Master Trust for Defined Contribution Plans:
Company Stock Fund 760 --
Fidelity Growth Company Fund 4,667 --
Fixed Income Fund 267,724 319,525
Money Market Fund 12,805 --
Stock Market Fund 5,130 --
Vanguard Balanced Index Fund 5,592 --
------------ ------------
Total Plan interest in Master Trust 296,678 319,525
------------ ------------
Net assets available for benefits $ 299,075 $ 321,909
============ ============
</TABLE>
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INDIVIDUAL ACCOUNT RETIREMENT PLAN FOR COOPER CAMERON CORPORATION
HOURLY EMPLOYEES, UAW, AT THE SUPERIOR PLANT
STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
WITH FUND INFORMATION
YEAR ENDED DECEMBER 31, 1998
<TABLE>
<CAPTION>
FIDELITY
COMPANY GROWTH FIXED MONEY
STOCK COMPANY INCOME MARKET
FUND FUND FUND FUND
---------- ---------- ---------- ----------
<S> <C> <C> <C> <C>
Additions:
Contributions:
Employer $ 343 $ 686 $ 7,691 $ 7,650
Employee -- 304 2,789 4,316
---------- ---------- ---------- ----------
Total contributions 343 990 10,480 11,966
Net investment gain from Cooper Cameron
Corporation Master Trust for Defined
Contribution Plans, net of expenses (765) (121) 18,406 393
---------- ---------- ---------- ----------
Total additions (422) 869 28,886 12,359
Deductions:
Benefits paid to participants -- -- 65,737 421
Other changes in net assets:
Interfund transfers 1,560 3,845 (12,815) 863
Net transfer to other qualified plan (354) -- (1,225) (1,224)
---------- ---------- ---------- ----------
Total other changes 1,206 3,845 (14,040) (361)
---------- ---------- ---------- ----------
Net increase (decrease) 784 4,714 (50,891) 11,577
Net assets available for benefits:
Beginning of year -- -- 319,525 2,384
---------- ---------- ---------- ----------
End of year * $ 784 $ 4,714 $ 268,634 $ 13,961
========== ========== ========== ==========
</TABLE>
<TABLE>
<CAPTION>
VANGUARD
STOCK BALANCED
MARKET INDEX TOTAL
FUND FUND PLAN
---------- ---------- ----------
<S> <C> <C> <C>
Additions:
Contributions:
Employer $ 743 $ 1,531 $ 18,644
Employee 416 1,029 8,854
---------- ---------- ----------
Total contributions 1,159 2,560 27,498
Net investment gain from Cooper Cameron
Corporation Master Trust for Defined
Contribution Plans, net of expenses 99 936 18,948
---------- ---------- ----------
Total additions 1,258 3,496 46,446
Deductions:
Benefits paid to participants -- -- 66,158
Other changes in net assets:
Interfund transfers 3,920 2,627 --
Net transfer to other qualified plan -- (319) (3,122)
---------- ---------- ----------
Total other changes 3,920 2,308 (3,122)
---------- ---------- ----------
Net increase (decrease) 5,178 5,804 (22,834)
Net assets available for benefits:
Beginning of year -- -- 321,909
---------- ---------- ----------
End of year * $ 5,178 $ 5,804 $ 299,075
========== ========== ==========
</TABLE>
* Ending fund balances include allocated contributions receivable.
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SIGNATURES
The Plan. Pursuant to the requirements of the Securities Exchange Act of
1934, the members of the Plan Administration Committee have duly caused this
annual report to be signed on its behalf by the undersigned hereunto duly
authorized.
INDIVIDUAL ACCOUNT RETIREMENT PLAN FOR COOPER
CAMERON CORPORATION HOURLY EMPLOYEES, UAW,
AT THE SUPERIOR PLANT
/s/ JANE L. CROWDER
- -----------------------------------------------
By: Jane L. Crowder
Member of the Plan Administration
Committee
Date: June 29, 1999
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