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Industrials - Specialty Business Services - NYSE - US
$ 20.3
-6.88 %
$ 277 M
Market Cap
-17.06
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CVEO stock under the worst case scenario is HIDDEN Compared to the current market price of 20.3 USD, Civeo Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CVEO stock under the base case scenario is HIDDEN Compared to the current market price of 20.3 USD, Civeo Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CVEO stock under the best case scenario is HIDDEN Compared to the current market price of 20.3 USD, Civeo Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CVEO

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$28.0$28.0$27.0$27.0$26.0$26.0$25.0$25.0$24.0$24.0$23.0$23.0$22.0$22.0$21.0$21.0$20.0$20.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
682 M REVENUE
-2.67%
1.33 M OPERATING INCOME
-96.63%
-18.4 M NET INCOME
-61.11%
83.5 M OPERATING CASH FLOW
-13.52%
-14.9 M INVESTING CASH FLOW
-2.91%
-65.2 M FINANCING CASH FLOW
24.89%
151 M REVENUE
-14.40%
-10 M OPERATING INCOME
-22825.00%
-15.4 M NET INCOME
-191.76%
9.5 M OPERATING CASH FLOW
-73.38%
-7.42 M INVESTING CASH FLOW
-0.39%
-16.9 M FINANCING CASH FLOW
-18.59%
Balance Sheet Civeo Corporation
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Current Assets 110 M
Cash & Short-Term Investments 5.2 M
Receivables 89 M
Other Current Assets 16.2 M
Non-Current Assets 295 M
Long-Term Investments 0
PP&E 214 M
Other Non-Current Assets 80.3 M
21.98 %4.00 %52.90 %19.83 %Total Assets$405.1m
Current Liabilities 92.6 M
Accounts Payable 40 M
Short-Term Debt 0
Other Current Liabilities 52.7 M
Non-Current Liabilities 75.4 M
Long-Term Debt 6.66 M
Other Non-Current Liabilities 68.8 M
23.78 %31.34 %3.96 %40.92 %Total Liabilities$168.1m
EFFICIENCY
Earnings Waterfall Civeo Corporation
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Revenue 682 M
Cost Of Revenue 533 M
Gross Profit 149 M
Operating Expenses 148 M
Operating Income 1.33 M
Other Expenses 19.8 M
Net Income -18.4 M
700m700m600m600m500m500m400m400m300m300m200m200m100m100m00(100m)(100m)682m(533m)149m(148m)1m(20m)(18m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
21.91% GROSS MARGIN
21.91%
0.20% OPERATING MARGIN
0.20%
-2.50% NET MARGIN
-2.50%
-7.22% ROE
-7.22%
-4.21% ROA
-4.21%
1.32% ROIC
1.32%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Civeo Corporation
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140m140m120m120m100m100m80m80m60m60m40m40m20m20m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -18.4 M
Depreciation & Amortization 68 M
Capital Expenditures -26.1 M
Stock-Based Compensation 2.85 M
Change in Working Capital 31.8 M
Others 13.3 M
Free Cash Flow 57.4 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Civeo Corporation
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CVEO has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
1.11% DIVIDEND YIELD
0.25 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
1.201.201.001.000.800.800.600.600.400.400.200.200.000.000.250.250.250.250.250.251.000.250.750.00202320232024202420252025
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5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership Civeo Corporation
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
138 K USD 1
9-12 MONTHS
124 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Civeo Corporation Announces New Share Repurchase Authorization HOUSTON--(BUSINESS WIRE)--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. The Company recently completed its previous share repurchase authorization, which was announced on September 11, 2024 and covered 5% of the then total common shares outstanding. Since the Company instituted its share repurchase program. businesswire.com - 3 weeks ago
Civeo Acknowledges Receipt of Letter by Shareholder HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) acknowledges the recent shareholder letter issued by Engine Capital LP, a shareholder of the Company. Bradley J. Dodson, Civeo's President and Chief Executive Officer, said, “We appreciate the input of our shareholders and will closely review the letter. The Civeo Board and management team regularly review options to create long-term value, including our capital allocation priorities, cost structure and other opportuniti. businesswire.com - 1 month ago
Engine Capital Calls on Civeo's Board of Directors to Take Immediate Action to Close the Company's Valuation Gap NEW YORK--(BUSINESS WIRE)--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. The letter can be viewed and downloaded here. About Engine Capital Engine Capital LP is a value-oriented special situations f. businesswire.com - 1 month ago
Stonegate Capital Partners Updates Coverage on Civeo Corporation (CVEO) 2024 Q4 Dallas, Texas--(Newsfile Corp. - February 28, 2025) - Civeo Corporation (NYSE: CVEO): Stonegate Capital Partners updates their coverage on Civeo Corporation. Despite challenges in the Canadian Segment, CVEO remains a strong free cash flow generator, reporting $68.4M in FCF for FY24. newsfilecorp.com - 1 month ago
Civeo Corporation (CVEO) Q4 2024 Earnings Call Transcript Civeo Corporation (NYSE:CVEO ) Q4 2024 Earnings Conference Call February 27, 2025 11:00 AM ET Company Participants Regan Nielsen - Vice President, Corporate Development & Investor Relations Bradley Dodson - President & Chief Executive Officer Collin Gerry - Chief Financial Officer & Treasurer Conference Call Participants Stephen Gengaro - Stifel Steve Ferazani - Sidoti Dave Storms - Stonegate Josh Jayne - Daniel Energy Partners Stephen Gengaro - Stifel Operator Greetings, and welcome to the Civeo Corporation Fourth Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. seekingalpha.com - 1 month ago
Compared to Estimates, Civeo (CVEO) Q4 Earnings: A Look at Key Metrics While the top- and bottom-line numbers for Civeo (CVEO) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 1 month ago
Civeo (CVEO) Reports Q4 Loss, Lags Revenue Estimates Civeo (CVEO) came out with a quarterly loss of $0.88 per share versus the Zacks Consensus Estimate of a loss of $0.34. This compares to earnings of $0.06 per share a year ago. zacks.com - 1 month ago
Civeo Reports Fourth Quarter and Full Year 2024 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, 2024. Bradley J. Dodson, Civeo's President and Chief Executive Officer said, “2024 marked our 10-year anniversary as an independent company since our spin-off in 2014, and over that time our business has undergone significant change. Today, having significantly improved our capital structure, we are a diversified company pro. businesswire.com - 1 month ago
Civeo (CVEO) Soars 7.5%: Is Further Upside Left in the Stock? Civeo (CVEO) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road. zacks.com - 1 month ago
Civeo to Acquire Four Villages in Australian Bowen Basin HOUSTON--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) announced today that it has entered into a definitive asset purchase agreement with a private seller for Civeo to acquire four villages with 1,340 rooms in Australia's Bowen Basin and the associated long-term customer contracts. Under the terms of the agreement, Civeo would acquire the assets and customer contracts for total cash consideration of A$105 million, or approximately US$67 million, funded with cash on hand and borrowings from it. businesswire.com - 1 month ago
Civeo Announces Fourth Quarter 2024 Earnings Conference Call HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) announced today that it has scheduled its fourth quarter 2024 earnings conference call for Thursday, February 27th, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). During the call, Civeo will discuss financial and operating results for the fourth quarter 2024, which will be released before the market opens on Thursday, February 27, 2025. By Phone: Dial 877-423-9813 inside the U.S. or 201-689-8573 internationally an. businesswire.com - 2 months ago
Civeo Corporation: This Downturn Offers A Good Buying Opportunity Civeo Corporation provides accommodations for natural resource extraction industries in Canada and Australia, showing impressive debt reduction and trading at low valuation multiples. Despite recent revenue drops and mixed financial performance, the company's Australian segment saw significant growth, driven by higher occupancy and increased service demand. Net debt has drastically reduced from $166.9 million in 2021 to $32.2 million, enhancing financial flexibility and reducing long-term risk. seekingalpha.com - 2 months ago
8. Profile Summary

Civeo Corporation CVEO

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COUNTRY US
INDUSTRY Specialty Business Services
MARKET CAP $ 277 M
Dividend Yield 1.11%
Description 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 accommodations, including modular, skid-mounted accommodation, and central facilities that provide long-term and temporary work force accommodations. It also 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 management services. In addition, the company provides development activities for workforce accommodation facilities, including site selection, permitting, engineering and design, manufacturing management, and site construction services, as well as catering and managed services. It owns and operates 27 lodges and villages with approximately 28,000 rooms; and a fleet of mobile accommodation assets. The company serves oil, mining, engineering, and oilfield and mining service companies. Civeo Corporation is headquartered in Houston, Texas.
Contact Three Allen Center, Houston, TX, 77002 https://civeo.com
IPO Date May 19, 2014
Employees 2600
Officers Mr. Regan Nielsen Director of Corporate Development & Investor Relations Mr. Andrew S. Fraser B.A., M.B.A. Senior Vice President of Canada LaTosha N. Fraley Corporate Secretary Mr. Barclay H. Brewer Vice President & Chief Accounting Officer Mr. E. Collin Gerry Senior Vice President, Chief Financial Officer & Treasurer Mr. Bradley J. Dodson Chief Executive Officer, President & Director Mr. Peter L. McCann Senior Vice President of Australia