Civeo Corp (CVEO)

Over the past six months, Civeo's stock price has increased by 23.81%. As of March 10, 2026, the share price was $28.39, up from $22.01 on March 11, 2025. Key events include the Q4 2025 earnings report, which missed EPS and revenue expectations but reported a narrowed net loss and increased adjusted EBITDA. Civeo outlined a revenue target of $650 million to $700 million for 2026 and adjusted EBITDA of $85 million to $90 million. The company has been actively repurchasing shares, completing 95% of its current buyback authorization by early March 2026. Civeo insiders sold approximately $12.39 million in company stock in the three months leading up to March 7, 2026. As of March 30, 2026, Civeo has a consensus "Hold" rating from analysts, with an average price target of $37.00.

Civeo Corp.'s products and services experience demand seasonality, particularly impacting its Canadian business, which has faced macroeconomic headwinds. The Australian business has shown strong growth and occupancy levels. Civeo is actively working to diversify its Canadian business to mitigate these seasonal and macroeconomic impacts.

Civeo Corporation is a multinational provider of workforce accommodations, logistics, and facility management services, primarily for the natural resource industry. Founded in 1977 and spun off from Oil States International in 2014, Civeo is headquartered in Houston, Texas, and operates in the consumer services sector. The company provides temporary and permanent accommodations, including modular housing units, lodges, and camps, offering services like lodging, catering, housekeeping, and maintenance. Civeo also provides support services such as laundry, facility management, water treatment, power generation, communication systems, security, and logistics, and undertakes development activities for workforce accommodation facilities, serving clients in the oil, gas, mining, engineering, and oilfield and mining service sectors.

Civeo Corp. has a global presence in North America (United States and Canada) and Australia. Its global headquarters is in Houston, Texas, with regional head offices in Edmonton, Canada, and Sydney, Australia. Civeo owns and operates 28 lodges and villages with over 27,500 rooms in Canada and Australia and maintains a fleet of mobile assets in Canada for shorter-term projects.

Civeo's brand reputation has been influenced by its strategic initiatives and financial performance. The company is committed to sustainability and diversifying its client base. In early 2025, Civeo restructured its Canadian business, reflecting efforts to improve operational efficiency. The acquisition of four villages in the Australian Bowen Basin and a four-year integrated services contract with Ontario's Ministry of the Solicitor General demonstrate continued growth and strengthening relationships.

Civeo Corporation's stock is primarily held by institutional shareholders, who own 81.44% to 85.34% of the company. Insiders hold approximately 4.70% to 319.93%. Major institutional owners include Horizon Kinetics Asset Management Llc, Engine Capital Management, LP, and TCW Group Inc. Lance Torgerson and the Family Trust Torgerson are significant individual shareholders, with the Family Trust Torgerson owning 24.69 million shares.