Civeo Corp (CVEO)

In the past six months, Civeo's stock experienced several notable events. In Q2 2025, Civeo reported its earnings, noting a seasonal increase in Canadian occupancy but a decrease in billed rooms and daily room rates. The company repurchased 883,000 common shares. In Q3 2025, Civeo reported an EPS miss and lower-than-expected revenue, with strong performance in Australia offset by declines in Canada. Civeo repurchased approximately 515,000 shares, and the board renewed its share repurchase authorization. Jeffrey B. Scofield and Daniel B. Silvers were appointed to the Board of Directors in conjunction with a cooperation agreement with Engine Capital LP.

Civeo Corp.'s demand seasonality is influenced by the natural resource industry, with the Canadian segment experiencing seasonal increases due to oil sands turnaround activity. The Canadian segment also anticipates normal seasonal downtime during the holiday season in the fourth quarter. The company's business is contingent on demand for resources and trade, and increasing demand for key minerals could positively impact Civeo's services in mining regions.

Civeo Corp. is a multinational corporation specializing in hospitality services for the natural resource industry, operating within the Consumer Cyclical sector. Their core business involves workforce accommodations, logistics, and facility management services, including developing and operating lodges and villages, and providing related services such as catering, housekeeping, and water treatment. Civeo serves clients in oil, mining, engineering, and related service companies.

Civeo Corp. has a global presence with operations in Canada, Australia, and the United States, focusing on active oil, metallurgical coal, liquefied natural gas, and iron ore-producing regions. The company owns and operates 28 lodges and villages in North America and Australia, totaling approximately 27,500 rooms, and manages hospitality services at 24 customer-owned locations with about 19,500 rooms.

Information specifically detailing Civeo Corp.'s brand reputation in the past year is not explicitly available. However, the company's efforts to restructure Canadian operations and the appointment of new board members suggest a focus on improving operational efficiency, customer satisfaction, and corporate governance.

Civeo Corp. is owned by a mix of institutional, insider, and retail investors. Institutional ownership ranges from approximately 55.45% to 83.04%, with major holders including Horizon Kinetics Asset Management LLC and Engine Capital Management LP. Insiders hold approximately 4.84% to 307.77% of the stock, with Family Trust Torgerson being the largest individual shareholder.