Civeo Corp Aktie News

OTTAWA, Ontario--(BUSINESS WIRE)--Civeo Corporation (NYSE: CVEO) today announced that it was awarded a four-year contract with Ontario's Ministry of the Solicitor General, under which it anticipates producing and transporting approximately 20,000 meals per day to ten provincial correctional facilities across Ontario. While the contract is expected to commence in April 2026, transition activitie...

Civeo offers compelling value, trading at 5.4x forward EV/EBITDA with a robust buyback program shrinking its share count. The Australian segment drives growth via integrated, asset-light services, targeting AUD 500m revenue by 2027, while Canada delivers margin expansion despite revenue declines. Management commits nearly all free cash flow to buybacks, returning $52M YTD—yielding significant e...

HOUSTON--(BUSINESS WIRE)--Civeo Corporation (NYSE: CVEO) (“Civeo” or “the Company”) today appointed Jeffrey B. Scofield and Daniel B. Silvers to its Board of Directors (the “Board”), effective immediately. Mr. Silvers' and Mr. Scofield's appointments are made in conjunction with a cooperation agreement that the Company has reached with Engine Capital LP (“Engine Capital”) and certain of its aff...

Civeo Corporation ( CVEO ) Q3 2025 Earnings Call October 31, 2025 8:30 AM EDT Company Participants Regan Nielsen - Senior Director of Corporate Development & Investor Relations Bradley Dodson - CEO, President & Director E. Gerry - Senior VP, CFO & Treasurer Conference Call Participants Stephen Gengaro - Stifel, Nicolaus & Company, Incorporated, Research Division Steve Ferazani - Sidoti & Compan...

HOUSTON--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) today reported financial and operating results for the third quarter ended September 30, 2025. Bradley J. Dodson, Civeo's President and Chief Executive Officer, said, "Our third quarter consolidated results exhibited our operational and strategic efforts with continued growth in Australia and improved cost structure in Canada. In the third...

Civeo Corporation offers workforce accommodations, with its Australian segment driving growth and resilience despite Canadian headwinds. CVEO's recent acquisition in Australia's Bowen Basin strengthens market leadership, adds take-or-pay contracts, and is expected to boost EBITDA at a low purchase multiple. Management's aggressive share buybacks and suspended dividends signal strong confidence ...

HOUSTON--(BUSINESS WIRE)--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. By Pho...

Civeo Corp (CVEO) remains a "Strong Buy" despite recent share price weakness and higher leverage following a transformative acquisition. CVEO's Australian operations are driving growth through new contracts and acquisitions, offsetting weakness in Canadian operations tied to lower oil prices. Management forecasts rising EBITDA and cash flow, with a growing backlog supporting future revenue and ...