Civeo

Civeo Corp. engages in the provision of workforce accommodations, logistics and facility management services to the natural resource industry. It operates through the following business segments: Canada, Australia, and U.S. The Canada segment provides accommodation services through lodges, open camps and mobile assets, which supports workforces from oil sands and in a variety of oil and natural gas drilling, mining and related natural resource applications, as well as disaster relief efforts. The Australia segment provides accommodations services on a day rate basis to mining and related service companies, such as construction contractors. The U.S. segment provides open camp facilities and highly mobile smaller camps that follow drilling rigs and completion crews as well as accommodation, office and storage modules that are placed on offshore drilling rigs and products platforms. The company was founded in 1977 and is headquartered in Houston, TX.

Earnings data Q1 2021

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Earnings data Q4 2024

Civeo reports solid Q4 performance amidst inflation challenges and growth

Civeo's Q4 performance showed resilience in generating free cash flow despite challenges from inflationary pressures.
The company's strategic strengths include debt reduction, share repurchases, and securing long-term contracts for revenue growth.
Challenges in managing costs and segment performance require focused attention to maintain profitability and operational efficiency.
Opportunities lie in expanding market share, optimizing operations, and exploring new avenues for revenue diversification and growth.

Civeo (CVEO) meets Q1 expectations, eyes growth in Australia

Civeo (CVEO) delivered Q1 results as expected, focusing on expanding market share in Australia and executing strategic initiatives. Despite challenges like negative free cash flow and labor issues, the company is optimistic about maintaining guidance and seizing growth opportunities.

Civeo reports mixed Q2 results with growth in Australia

Civeo's Q2 2023 performance reflected contrasting results between its Australian and Canadian segments. While challenges persist in the Canadian market, opportunities for growth and efficiency improvements are evident in Australia. The company's strategic focus on safety, cost management, and revenue diversification remains key to navigating market dynamics.

Civeo surpasses Q3 expectations, announces dividend amidst operational strength

Civeo's Q3 2023 earnings call showcased strong financial performance, operational excellence in key markets, and a positive outlook for the full year. Despite challenges such as lower LNG-related activity and demobilization expenses, the company remains focused on driving growth and maximizing shareholder value through strategic initiatives and prudent financial management.

Civeo exceeds Q4 targets, eyes growth in Australia and NA

Civeo's Q4 2023 performance reflects resilience and growth, with a strong financial position and strategic focus on expansion opportunities.
While challenges like the impact of asset sales and cautious guidance for 2024 exist, the company remains committed to prudent financial management.
Opportunities in Australia and North America, coupled with efforts to enhance margins and operational efficiency, position Civeo for sustainable growth.
Navigating market uncertainties and balancing growth with cost control will be key focus areas for Civeo in the upcoming year.

Civeo meets Q1 expectations, Australian segment resilient amid challenges

Civeo's Q1 2024 performance met expectations with stable full-year guidance maintained.
Australian segment showed resilience with revenue growth despite currency challenges.
Challenges in the Canadian segment were offset by strategic initiatives and shareholder value enhancements.
Future growth hinges on safety, innovation, and prudent capital allocation strategies.

Civeo reports improved Q2 performance, maintains full-year guidance

Civeo's Q2 2024 performance showed strength in revenue growth and shareholder returns.
While facing challenges in certain segments, the company maintains a solid financial position.
Opportunities exist for Civeo to capitalize on growth potential and operational enhancements.
Overall, Civeo remains focused on driving sustainable value for its stakeholders.

Civeo reports resilient Q3 performance with growth opportunities ahead

Civeo's Q3 performance showcased resilience and growth potential, with strong showings in Australia and Canada driving financial improvements.
Despite challenges such as reported net loss and debt management, the company's strategic initiatives and diversified revenue streams position it for long-term success.
Looking ahead, Civeo's focus on capital allocation, operational efficiency, and regional growth opportunities sets a positive trajectory for future performance and shareholder value.

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Civeo Corporation (CVEO) CEO Bradley Dodson on Q1 2020 Results - Earnings Call Transcript

Civeo Corporation (CVEO) CEO Bradley Dodson on Q4 2019 Results - Earnings Call Transcript

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Civeo (CVEO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Civeo (CVEO) Moves to Strong Buy: Rationale Behind the Upgrade

Civeo Corporation has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.

Civeo Corporation Enters Oversold Territory

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Civeo Corp.: New Hope For A Turnaround

Civeo Corporation (CVEO) CEO Bradley Dodson on Q3 2019 Results - Earnings Call Transcript

Civeo (CVEO) delivered earnings and revenue surprises of 166.67% and 0.52%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Civeo (CVEO) Q3 Earnings and Revenues Top Estimates

EDMONTON, Alberta and CALGARY, Alberta, Oct.  03, 2019  (GLOBE NEWSWIRE) -- Civeo Corporation (NYSE:CVEO)

Civeo Receives Gold Certification from the Canadian Council for Aboriginal Business

HOUSTON and CALGARY, Alberta, Sept.  30, 2019  (GLOBE NEWSWIRE) -- Civeo Corporation (NYSE:CVEO) announced today completion of an amendment and extension to its credit facility. Among other things, the amended credit facility:

Civeo Corporation Announces Amendment and Extension to Credit Facility

Civeo's (CVEO) CEO Bradley Dodson on Q2 2019 Results - Earnings Call Transcript

Civeo (CVEO) delivered earnings and revenue surprises of 14.29% and 4.05%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Civeo (CVEO) Reports Q2 Loss, Tops Revenue Estimates

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Civeo Corporation (CVEO) CEO Bradley Dodson on Q1 2019 Results - Earnings Call Transcript

News for Civeo Stock (CVEO)