Civeo
CVEO

$24.92

0.24%

Market Cap: 364M

About: Civeo Corp provides hospitality services to the natural resources industry in Canada, Australia and the United States. The company provides a full suite of services for guests, including lodging, catering and food service, housekeeping and maintenance at accommodation facilities that the company or its customers own. The company provides services that support the day-to-day operations of these facilities, such as laundry, facility management and maintenance, water and wastewater treatments, power generation, communication systems, security and logistics. The company operates in active oil, metallurgical coal, liquefied natural gas and iron ore-producing regions. The company operates in three reportable business segments Canada, Australia and the United States.

Employees: 2,600

Consumer Discretionary Hotels, Rooming Houses, Camps & Other Lodging Places

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

300% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 3

71% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 21

68.96% more ownership

Funds ownership: 10.44% [Q4 2023] → 79.4% (+68.96%) [Q1 2024]

22% more capital invested

Capital invested by funds: $257M [Q4 2023] → $313M (+$55.8M) [Q1 2024]

13% more funds holding

Funds holding: 71 [Q4 2023] → 80 (+9) [Q1 2024]

25% less funds holding in top 10

Funds holding in top 10: 4 [Q4 2023] → 3 (-1) [Q1 2024]

62% less call options, than puts

Call options by funds: $83K | Put options by funds: $217K

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Research analyst outlook

1 Wall Street Analyst provided 1 year price forecasts over the past 6 months

Low target

$31

24%

upside

Avg. target

$31

24%

upside

High target

$31

24%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

Stifel

Stephen Gengaro

24%upside

$31

Buy

Maintained

30 Apr 2024

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Financial journalist opinion

Civeo Announces Second Quarter 2024 Earnings Conference Call

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) announced today that it has scheduled its second quarter 2024 earnings conference call for Tuesday, July 30th, 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 second quarter 2024, which will be released before the market opens on Tuesday, July 30, 2024. By Phone: Dial 877-423-9813 inside the U.S. or 201-689-8573 internationally and ask for.

Civeo Announces Second Quarter 2024 Earnings Conference Call

Civeo Appoints Andrew S. Fraser as President, Canada

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (“Civeo” or the “Company”) (NYSE:CVEO) today announced the appointment of Andrew “Andy” S. Fraser, a dynamic and experienced leader, as President, Canada, effective August 19, 2024. He succeeds Al Schoening, Senior Vice President, Canada, who will retire after serving 13 years at Civeo. Mr. Schoening will work closely with Mr. Fraser to ensure a smooth transition and is expected to remain a consultant for the Company for a period af.

Civeo Appoints Andrew S. Fraser as President, Canada

Civeo Corp: Still Stellar Even As Shares Lag

Civeo Corp operates accommodations in remote areas for natural resource extraction companies, offering cheaper alternatives to building their own facilities. The company's revenue has seen weakness, but the stock is still cheap and has potential for meaningful upside. Despite disappointing expectations for the fiscal year, Civeo Corp's stock is undervalued and the company continues to reduce debt. Demand for its services is expected to grow in the long run.

Civeo Corp: Still Stellar Even As Shares Lag

Civeo Appoints E. Collin Gerry as Chief Financial Officer

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (“Civeo” or the “Company”) (NYSE:CVEO) today announced the appointment of E. Collin Gerry as the Company's new Senior Vice President, Chief Financial Officer (“CFO”) and Treasurer, effective August 1, 2024, following a comprehensive search process. Barclay Brewer, who served as interim CFO, will assume the role of Vice President, Chief Accounting Officer and will support Mr. Gerry during this transition. Mr. Gerry has held several e.

Civeo Appoints E. Collin Gerry as Chief Financial Officer

Civeo Corporation: Dividend Yield, And Promising Forward EBITDA And CapEx Plans Warrant A Buy Rating

Civeo Corporation reports better than expected revenue and is significantly undervalued compared to competitors. The company operates in the natural resources sector, providing various services including accommodation, management, and maintenance. Civeo is investing in growing areas, reporting positive net sales growth, and has capital expenditure plans for future expansion.

Civeo Corporation: Dividend Yield, And Promising Forward EBITDA And CapEx Plans Warrant A Buy Rating

Zacks Investment Research

Civeo (CVEO) International Revenue in Focus: Trends and Expectations

Examine Civeo's (CVEO) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.

Civeo (CVEO) International Revenue in Focus: Trends and Expectations

Stonegate Capital Partners Updates Coverage on Civeo Corporation (CVEO) 2024 Q1

Dallas, Texas--(Newsfile Corp. - April 29, 2024) - Civeo Corporation (NYSE: CVEO): Stonegate Capital Partners updates their coverage on Civeo Corporation. To view the full announcement, including downloadable images, bios, and more, click here.

Stonegate Capital Partners Updates Coverage on Civeo Corporation (CVEO) 2024 Q1

Civeo Corporation (CVEO) Q1 2024 Earnings Call Transcript

Civeo Corporation (NYSE:CVEO ) Q1 2024 Earnings Conference Call April 26, 2024 11:00 AM ET Company Participants Regan Nielsen - Vice President, Corporate Development and Investor Relations Bradley Dodson - President and Chief Executive Officer Barclay Brewer - Interim Chief Financial Officer and Treasurer Conference Call Participants Alec Scheibelhoffer - Stifel Steve Ferazani - Sidoti Dave Storms - Stonegate Operator Greetings and welcome to the Civeo Corporation First Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.

Civeo Corporation (CVEO) Q1 2024 Earnings Call Transcript

Zacks Investment Research

Civeo (CVEO) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Although the revenue and EPS for Civeo (CVEO) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Civeo (CVEO) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Zacks Investment Research

Civeo (CVEO) Reports Q1 Loss, Tops Revenue Estimates

Civeo (CVEO) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.42 per share a year ago.

Civeo (CVEO) Reports Q1 Loss, Tops Revenue Estimates

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