Civeo Corporation (CVEO)

NYSE: CVEO · IEX Real-Time Price · USD
25.83
-0.26 (-1.00%)
Apr 25, 2024, 4:00 PM EDT - Market closed
-1.00%
Market Cap 378.92M
Revenue (ttm) 700.81M
Net Income (ttm) 30.16M
Shares Out 14.67M
EPS (ttm) 2.01
PE Ratio 12.85
Forward PE 180.88
Dividend $1.00 (3.87%)
Ex-Dividend Date Feb 23, 2024
Volume 37,417
Open 26.12
Previous Close 26.09
Day's Range 25.42 - 26.12
52-Week Range 17.87 - 28.01
Beta 2.20
Analysts Strong Buy
Price Target 30.00 (+16.14%)
Earnings Date Apr 26, 2024

About CVEO

Civeo Corporation provides hospitality services to the natural resource industry in Canada, Australia, and the United States. The company develops lodges and villages; and mobile assets, including modular, skid-mounted accommodation, and central facilities that provide short to medium-term accommodation needs. It offers food, housekeeping, and maintenance services, as well as laundry, facility management and maintenance, water and wastewater treatment, power generation, communication systems, security, and logistics services, and camp managemen... [Read more]

Sector Industrials
CEO Bradley J. Dodson
Employees 2,600
Stock Exchange NYSE
Ticker Symbol CVEO
Full Company Profile

Financial Performance

In 2023, Civeo's revenue was $700.81 million, an increase of 0.54% compared to the previous year's $697.05 million. Earnings were $30.16 million, an increase of 1254.76%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for CVEO stock is "Strong Buy" and the 12-month stock price forecast is $30.0.

Price Target
$30.0
(16.14% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Civeo Announces First Quarter 2024 Earnings Conference Call

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) announced today that it has scheduled its first quarter 2024 earnings conference call for Friday, April 26th, at 10:00 a.m. C...

9 days ago - Business Wire

Stonegate Capital Partners Updates Coverage on Civeo Corporation (CVEO) 2023 Q4

Dallas, Texas--(Newsfile Corp. - March 1, 2024) - Civeo Corporation (NYSE: CVEO): Stonegate Capital Partners updates their coverage on Civeo Corporation. To view the full announcement, including downl...

7 weeks ago - Newsfile Corp

Civeo Reports Fourth Quarter and Full Year 2023 Results

HOUSTON & CALGARY, Canada--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) today reported financial and operating results for the fourth quarter and year ended December 31, 2023. “We ended 2023 in a so...

2 months ago - Business Wire

Civeo Announces Fourth Quarter 2023 Earnings Conference Call

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) announced today that it has scheduled its fourth quarter 2023 earnings conference call for Thursday, February 29, at 10:00 a....

2 months ago - Business Wire

Civeo Announces Quarterly Dividend

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) announced today that its board of directors has declared a quarterly cash dividend of $0.25 per common share, payable on Marc...

2 months ago - Business Wire

Stonegate Capital Partners Updates Coverage on Civeo Corporation (CVEO) 2023 Q3

Dallas, Texas--(Newsfile Corp. - October 30, 2023) - Civeo Corporation (NYSE: CVEO): Stonegate Capital Partners updates their coverage on Civeo Corporation. To view the full announcement, including do...

6 months ago - Newsfile Corp

Civeo Reports Third Quarter 2023 Results

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) today reported financial and operating results for the third quarter ended September 30, 2023. “On top of solid operating res...

6 months ago - Business Wire

Civeo Announces Third Quarter 2023 Earnings Conference Call

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) announced today that it has scheduled its third quarter 2023 earnings conference call for Friday, October 27, at 10:00 a.m. C...

7 months ago - Business Wire

Civeo Agrees to Sell its McClelland Lake Lodge Assets for Approximately C$49 Million

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE: CVEO) today announced that it has entered into a definitive agreement to sell its McClelland Lake Lodge assets to a US-based minin...

8 months ago - Business Wire

Stonegate Capital Partners Updates Coverage on Civeo Corporation (CVEO) 2023 Q2 -- Initiates Dividend

Dallas, Texas--(Newsfile Corp. - September 6, 2023) - Civeo Corporation (NYSE: CVEO): Stonegate Capital Partners updates their coverage on Civeo Corporation. The full report can be accessed by clickin...

8 months ago - Newsfile Corp

Civeo Corporation Initiates Regular Quarterly Dividend of $0.25 Per Share and Announces Renewal of Share Repurchase Authorization

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE: CVEO) (“Civeo” or the “Company”) today announced that its Board of Directors has declared a quarterly dividend of $0.25 per common...

8 months ago - Business Wire

Stonegate Capital Partners Updates Coverage on Civeo Corporation (CVEO) 2023 Q2

Dallas, Texas--(Newsfile Corp. - July 31, 2023) - Civeo Corporation (NYSE: CVEO): Stonegate Capital Partners updates their coverage on Civeo Corporation. The full report can be accessed by clicking on...

9 months ago - Newsfile Corp

Civeo Reports Second Quarter 2023 Results

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) today reported financial and operating results for the second quarter ended June 30, 2023. “In the second quarter of 2023, we...

9 months ago - Business Wire

Civeo Announces Second Quarter 2023 Earnings Conference Call

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) announced today that it has scheduled its second quarter 2023 earnings conference call for Friday, July 28, at 10:00 a.m. Cen...

10 months ago - Business Wire

Stonegate Capital Partners Updates Coverage on Civeo Corporation (CVEO) 2023 Q1

Dallas, Texas--(Newsfile Corp. - May 1, 2023) - Civeo Corporation (NYSE: CVEO): Stonegate Capital Partners initiates their coverage on Civeo Corporation. The full report can be accessed by clicking on...

1 year ago - Newsfile Corp

Civeo Reports First Quarter 2023 Results

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) today reported financial and operating results for the first quarter ended March 31, 2023. “Through continued safe and effect...

1 year ago - Business Wire

Civeo Announces First Quarter 2023 Earnings Conference Call

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) announced today that it has scheduled its first quarter 2023 earnings conference call for Friday, April 28, at 10:00 a.m. Cen...

1 year ago - Business Wire

Stonegate Capital Partners Initiates Coverage on Civeo Corporation (CVEO)

Dallas, Texas--(Newsfile Corp. - March 28, 2023) - Civeo Corporation (NYSE: CVEO): Stonegate Capital Partners initiates their coverage on Civeo Corporation. The full report can be accessed by clicking...

1 year ago - Newsfile Corp

Civeo Reports Fourth Quarter and Full Year 2022 Results

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) today reported financial and operating results for the fourth quarter and year ended December 31, 2022. “Despite inflationary...

1 year ago - Business Wire

Civeo Announces Fourth Quarter 2022 Earnings Conference Call

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) announced today that it has scheduled its fourth quarter 2022 earnings conference call for Tuesday, February 28, at 10:00 a.m...

1 year ago - Business Wire

Civeo Announces a 5-Year Contract Award in Australia with Expected Revenues of Approximately A$337 million

HOUSTON & SYDNEY--(BUSINESS WIRE)--Civeo Corporation (NYSE: CVEO) today announced that it was awarded a five-year contract with a leading metallurgical coal producer to provide rooms and hospitality...

1 year ago - Business Wire

Civeo Announces a 5-Year Integrated Services Contract Renewal with Expanded Scope in Australia

HOUSTON & SYDNEY--(BUSINESS WIRE)--Civeo Corporation (NYSE: CVEO) today announced that it was awarded a five-year contract with a leading resources player to provide integrated services at six villa...

1 year ago - Business Wire

Civeo Announces Purchase of Preferred Shares

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) announced today that the Company has agreed to repurchase 40% of its outstanding Class A Series 1 preferred shares.

1 year ago - Business Wire

Civeo Reports Third Quarter 2022 Results

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) today reported financial and operating results for the third quarter ended September 30, 2022.

1 year ago - Business Wire

Civeo Announces Third Quarter 2022 Earnings Conference Call

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) announced today that it has scheduled its third quarter 2022 earnings conference call for Friday, October 28, at 10:00 a.m.

1 year ago - Business Wire