About Civeo Corporation (Canada) Common Shares (CVEO)
Civeo Corp is a leading provider of workforce accommodation solutions, primarily catering to the energy, natural resources, and construction sectors. The company specializes in the design, development, and management of remote lodging facilities that offer essential services and amenities to support personnel working in isolated or challenging environments. Civeo focuses on creating comfortable living conditions, including dining, recreational, and administrative services, ensuring that workers have a conducive environment to maintain productivity during their assignments. Through its innovative approach and commitment to sustainability, Civeo enhances the living experience of workers while addressing the unique needs of industries operating in remote areas. Read More
Civeo's Q3 2025 earnings show a revenue miss but strong operational gains, with Adjusted EBITDA up 53%. The stock rose on cost-cutting success and aggressive share buybacks.
Civeo Corporation (NYSE:CVEO) announced today that it has scheduled its third quarter 2025 earnings conference call for Friday October 31st, at 7:30 a.m. Central Time (8:30 a.m. Eastern Time). During the call, Civeo will discuss financial and operating results for the third quarter 2025, which will be released before the market opens on Friday, October 31, 2025.
Civeo Corporation (NYSE:CVEO) announced today that it has scheduled its second quarter 2025 earnings conference call for Tuesday July 29th, at 7:30 a.m. Central Time (8:30 a.m. Eastern Time). During the call, Civeo will discuss financial and operating results for the second quarter 2025, which will be released before the market opens on Tuesday, July 29, 2025.
Civeo Corporation (NYSE: CVEO) today announced that it was awarded a four-year contract renewal with a leading metallurgical coal producer to provide rooms and hospitality services from the Company’s existing Coppabella, Moranbah and Nebo villages in the Australian Bowen Basin. The contract renewal is expected to generate approximately A$250 million in total revenues from 2025 to 2029.
Civeo Corporation (NYSE: CVEO) today announced that it was awarded a three-year contract with a leading metallurgical coal producer to provide integrated services at two villages in the Australian Bowen Basin. This contract marks the first integrated services contract the Company has been awarded in Queensland. This producer is currently one of Civeo’s largest customers at Civeo-owned villages. Services under the contract will commence in June 2025.
Civeo Corporation (NYSE:CVEO) has completed its previously announced acquisition of four villages with 1,340 rooms in Australia’s Bowen Basin and the associated customer contracts for total cash consideration of A$105 million, or approximately US$67 million. The acquisition was funded with cash on hand and borrowings from Civeo’s existing revolving credit facility.
Civeo Corporation (NYSE:CVEO) announced today that it has scheduled its first quarter 2025 earnings conference call for Wednesday April 30th, at 7:30 a.m. Central Time (8:30 a.m. Eastern Time). During the call, Civeo will discuss financial and operating results for the first quarter 2025, which will be released before the market opens on Wednesday, April 30, 2025.
Civeo Corporation (NYSE: CVEO) announced today that its Board of Directors has authorized a new share repurchase program under which the Company may repurchase up to 10% of its total common shares outstanding over the next twelve months.
Engine Capital LP (together with its affiliates, “Engine” or “we”), which owns approximately 9.8% of Civeo Corporation’s (NYSE: CVEO) (“Civeo” or the “Company”) outstanding shares, today sent a letter to the Company’s Board of Directors outlining several opportunities to close Civeo’s significant valuation gap and unlock value for shareholders.
