Civeo Corp (CVEO)

Civeo Corp.'s stock experienced fluctuations in the past six months, with a 52-week high of $27.55 (or $27.62) and a 52-week low of $18.01 (or $18.02). As of February 6, 2026, the closing price was $27.56. Key events include the Q3 2025 earnings release, where revenues were $170.5 million and adjusted EBITDA was $28.8 million, with Australia showing strength and growth. The Q2 2025 earnings release showed revenues of $50 million, a decrease from $79.5 million in Q2 2024, with a decline in Canada due to lower billed rooms. Civeo was awarded a four-year integrated services contract with Ontario's Ministry of the Solicitor General on February 4, 2026. In Q1 2025, Civeo increased its share repurchase authorization and suspended its quarterly cash dividend.

Civeo Corp. experiences demand seasonality, particularly in its Canadian operations. The first quarter is impacted by seasonality. The second quarter typically sees a seasonal increase in occupancy in Canada, driven by turnaround activity in the core oil sands region. The company anticipates normal seasonal downtime for the holiday season in Canada during the fourth quarter.

Civeo Corp. is a workforce accommodations specialist providing hospitality services to the natural resource industry, operating in the Consumer Discretionary sector, specifically in Lodging. The company develops and operates lodges, villages, and mobile assets, offering services like food, housekeeping, maintenance, and facility management. Civeo also engages in development activities, serving clients in the oil, mining, engineering, and oilfield and mining service sectors.

Civeo Corp. operates globally in Canada, Australia, and the United States. Its corporate headquarters are in Houston, Texas, with regional head offices in Edmonton, Canada, and Sydney, Australia.

Civeo Corp.'s brand reputation is reflected in its operational aspects and contract awards. Securing a four-year contract with Ontario's Ministry of the Solicitor General suggests a positive reputation. Challenges in the Canadian oil sands, leading to cost reductions and lodge closures, indicate difficulties in a key market. Growth in the Australian segment points to successful expansion and service delivery.

Institutional investors hold approximately 81.66% of Civeo Corp.'s shares, individual insiders own about 5.08%, and the general public holds around 44.8%. Major institutional owners include Horizon Kinetics Holding Corporation (21.27%), Engine Capital Management, LP (11.62%), Engine Capital, L.P. (9.66%), American Century Investment Management Inc (8.15%), and Dimensional Fund Advisors LP (5.46%).