CVEO - Civeo Corp Stock Price, Fair Value and News

25.14USD+0.32 (+1.29%)Delayed

Market Summary

USD25.14+0.32

Delayed

1.29%

CVEO Alerts

1 major insider sales recently.

Losses in recent quarter

CVEO Stock Price

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CVEO RSI Chart

CVEO Valuation

Market Cap

367.6M

Price/Earnings (Trailing)

11.72

Price/Sales (Trailing)

0.53

EV/EBITDA

3.47

Price/Free Cashflow

5.27

CVEO Price/Sales (Trailing)

CVEO Profitability

EBT Margin

5.98%

Return on Equity

10.55%

Return on Assets

6.12%

Free Cashflow Yield

18.96%

CVEO Fundamentals

CVEO Revenue

Revenue (TTM)

699.3M

Rev. Growth (Yr)

-0.88%

Rev. Growth (Qtr)

-2.74%

CVEO Earnings

Earnings (TTM)

31.4M

Earnings Growth (Yr)

19.2%

Earnings Growth (Qtr)

-122.29%

Breaking Down CVEO Revenue

Last 7 days

1.4%

Last 90 days

9.4%

Trailing 12 Months

17.4%

How does CVEO drawdown profile look like?

CVEO Financial Health

Current Ratio

1.82

Debt/Equity

0.26

Debt/Cashflow

1.3

CVEO Investor Care

Dividend Yield

12.49%

Buy Backs (1Y)

2.83%

Diluted EPS (TTM)

2.09

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	699.3M	0	0	0
2023	699.0M	692.9M	692.2M	700.8M
2022	634.7M	665.5M	694.7M	697.1M
2021	516.4M	555.8M	568.0M	594.5M
2020	557.8M	550.3M	545.0M	529.7M
2019	473.7M	465.7M	493.4M	527.6M
2018	392.4M	430.5M	453.5M	466.7M
2017	393.6M	378.6M	371.8M	382.3M
2016	442.0M	405.9M	403.6M	397.2M
2015	861.1M	777.1M	640.4M	518.0M
2014	999.4M	983.5M	981.7M	942.9M
2013	1.1B	1.1B	1.1B	1.0B
2012	0	0	0	1.1B

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index: $10,334
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Tracking the Latest Insider Buys and Sells of Civeo Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 30, 2024	mccann peter	sold	-123,975	23.75	-5,220	svp, australia
Feb 25, 2024	stone carolyn j	acquired	-	-	5,481	svp, cfo & treasurer
Feb 25, 2024	dodson bradley j	acquired	-	-	19,060	president & ceo
Feb 25, 2024	dodson bradley j	back to issuer	-426,944	22.4	-19,060	president & ceo
Feb 25, 2024	mccann peter	acquired	-	-	3,368	svp, australia
Feb 25, 2024	brewer barclay	back to issuer	-47,264	22.4	-2,110	vice president and controller
Feb 25, 2024	schoening allan	back to issuer	-103,040	22.4	-4,600	svp, canada
Feb 25, 2024	brewer barclay	acquired	-	-	2,110	vice president and controller
Feb 25, 2024	schoening allan	acquired	-	-	4,600	svp, canada

Which funds bought or sold CVEO recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Adalta Capital Management LLC	unchanged	-	32,000	214,800	0.12%
May 15, 2024	Uniplan Investment Counsel, Inc.	added	1.81	178,000	1,208,000	0.10%
May 15, 2024	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	added	336	2,680,000	3,328,000	-%
May 15, 2024	TWO SIGMA INVESTMENTS, LP	added	95.8	1,723,050	3,047,660	0.01%
May 15, 2024	PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.	added	15.33	2,766,970	10,558,200	0.60%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	reduced	-46.46	-1,926,790	3,268,610	-%
May 15, 2024	MARSHALL WACE, LLP	added	198	1,355,990	1,896,420	-%
May 15, 2024	Petrus Trust Company, LTA	unchanged	-	100,300	673,264	0.06%
May 15, 2024	QUADRANT CAPITAL GROUP LLC	unchanged	-	532	3,572	-%
May 15, 2024	Steward Partners Investment Advisory, LLC	unchanged	-	3,376	22,661	-%

Are Funds Buying or Selling CVEO?

Are funds buying CVEO calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CVEO

No. of Funds

Unveiling Civeo Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	conversant capital llc	0%	0	SC 13G/A
Feb 12, 2024	tcw group inc	5.1%	744,535	SC 13G
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 31, 2024	prescott group capital management, l.l.c.	4.9%	715,368	SC 13G/A
Nov 02, 2023	torgerson family trust	0%	0	SC 13D/A
Sep 18, 2023	torgerson lance	0%	0	SC 13D/A
Jun 30, 2023	torgerson lance	0%	0	SC 13D/A
Feb 13, 2023	conversant capital llc	6.1%	830,055	SC 13G/A
Feb 13, 2023	renaissance technologies llc	4.20%	575,724	SC 13G/A
Feb 10, 2023	torgerson lance	0%	0	SC 13D/A

Recent SEC filings of Civeo Corp

View All Filings

Date Filed	Form Type	Document
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 01, 2024	4	Insider Trading
Apr 30, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to Civeo Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	103.3B	18.9B	3.89%	17.13%	27.92	5.46	7.08%	13.46%
CTAS	70.2B	9.4B	3.55%	46.60%	46.72	7.46	9.34%	15.98%
CPRT	52.4B	4.1B	0.93%	23.38%	38.65	12.91	10.52%	25.37%
EFX	30.8B	5.4B	4.69%	18.29%	55.13	5.75	5.76%	-4.95%
BAH	19.8B	10.3B	8.58%	63.14%	48.27	1.91	13.90%	-5.05%
ALLE	10.9B	3.6B	-1.06%	12.63%	20.13	3	4.33%	10.69%
MID-CAP
RHI	7.4B	6.2B	2.28%	3.37%	21.08	1.21	-13.83%	-42.32%
AL	5.5B	2.7B	1.27%	26.05%	9.4	2.02	15.08%	16.51%
SRCL	4.3B	2.6B	-4.39%	7.90%	-221.54	1.64	-3.11%	-123.81%
ABM	3.0B	8.2B	7.93%	6.44%	11.58	0.36	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	2.7B	1.35%	107.67%	18.93	0.71	104.63%	188.16%
ALTG	285.4M	1.9B	-26.28%	-43.39%	32.07	0.15	15.20%	-4.30%
ARC	118.7M	283.1M	3.77%	-7.09%	13.57	0.42	-0.83%	-20.92%
AQMS	48.7M	212.0K	-14.00%	-58.65%	-1.94	213.63	-40.62%	-60.52%
AWX	9.4M	81.0M	4.35%	-6.98%	-8.5	0.12	-4.98%	-14.33%

Civeo Corp News

Latest updates

Civeo Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-2.7%	166	171	184	179	168	162	184	185	166	160	155	154	125	133	143	115	139	149	148	122	109
Costs and Expenses	9.3%	168	154	168	169	171	174	173	171	161	152	149	152	135	137	136	117	288	171	145	134	126
S&GA Expenses	-5.5%	19.00	20.00	20.00	16.00	16.00	19.00	18.00	18.00	15.00	14.00	17.00	15.00	14.00	15.00	13.00	11.00	14.00	17.00	14.00	13.00	16.00
EBITDA Margin	-3.5%	0.18*	0.18*	0.13*	0.14*	0.15*	0.16*	0.19*	0.19*	0.18*	0.17*	0.16*	0.18*	-	-	-	-	-	-	-	-	-
Interest Expenses	-7.5%	2.00	3.00	3.00	4.00	4.00	3.00	3.00	3.00	2.00	3.00	3.00	3.00	3.00	4.00	4.00	4.00	6.00	7.00	7.00	7.00	7.00
Income Taxes	-79.3%	2.00	8.00	-1.21	3.00	1.00	-2.70	4.00	2.00	2.00	1.00	2.00	-0.49	1.00	-2.15	0.00	0.00	-8.80	3.00	-6.63	-2.85	-4.50
Earnings Before Taxes	-112.0%	-3.64	30.00	8.00	7.00	-5.08	-14.76	10.00	12.00	3.00	12.00	3.00	-0.48	-8.35	-3.35	8.00	7.00	-154	-28.28	-1.57	-17.70	-21.52
EBT Margin	3.8%	0.06*	0.06*	-0.01*	0.00*	0.00*	0.02*	0.05*	0.05*	0.03*	0.01*	-0.02*	-0.01*	-	-	-	-	-	-	-	-	-
Net Income	-122.3%	-5.13	23.00	9.00	4.00	-6.35	-12.70	6.00	10.00	1.00	10.00	1.00	0.00	-9.48	-1.78	7.00	7.00	-146	-31.60	5.00	-14.85	-17.04
Net Income Margin	4.3%	0.04*	0.04*	-0.01*	-0.01*	-0.01*	0.01*	0.04*	0.03*	0.02*	0.00*	-0.02*	-0.01*	-	-	-	-	-	-	-	-	-
Free Cashflow	-98.7%	0.00	30.00	27.00	12.00	-4.41	21.00	30.00	17.00	-1.64	20.00	31.00	13.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-6.4%	513	548	557	559	551	566	583	637	673	673	684	718	710	741	733	735	720	970	1,011	1,020	1,008
Current Assets	-3.6%	169	175	191	176	159	154	165	170	162	157	158	143	109	119	123	118	126	131	144	131	103
Cash Equivalents	404.1%	17.00	3.00	8.00	11.00	12.00	8.00	8.00	5.00	6.00	6.00	5.00	4.00	5.00	6.00	7.00	7.00	6.00	3.00	8.00	13.00	8.00
Inventory	3.6%	7.00	7.00	6.00	7.00	7.00	7.00	7.00	7.00	7.00	6.00	6.00	7.00	7.00	6.00	6.00	8.00	6.00	6.00	7.00	4.00	4.00
Net PPE	-9.1%	246	271	263	276	284	302	310	349	386	390	400	443	469	487	481	487	465	590	600	636	651
Goodwill	-4.3%	7.00	8.00	7.00	8.00	8.00	8.00	7.00	8.00	8.00	8.00	8.00	8.00	9.00	9.00	8.00	8.00	7.00	110	128	8.00	119
Liabilities	-5.4%	213	225	263	264	259	262	247	274	300	310	331	354	346	365	379	400	423	479	505	510	487
Current Liabilities	-18.7%	93.00	114	125	103	103	128	118	119	119	137	137	131	111	117	107	99.00	106	110	103	93.00	91.00
Long Term Debt	19.9%	79.00	66.00	96.00	121	120	103	97.00	123	145	143	163	189	201	214	237	265	281	322	357	368	347
LT Debt, Current	-	-	-	7.00	15.00	21.00	28.00	28.00	30.00	31.00	31.00	30.00	36.00	35.00	35.00	33.00	34.00	32.00	35.00	34.00	35.00	34.00
LT Debt, Non Current	19.9%	79.00	66.00	96.00	121	120	103	97.00	123	145	143	163	189	201	214	237	265	281	322	357	368	347
Shareholder's Equity	-7.1%	297	320	291	295	292	304	336	364	373	363	353	363	364	375	354	334	297	491	506	510	521
Retained Earnings	-1.3%	-931	-919	-935	-939	-940	-930	-911	-903	-912	-912	-918	-918	-917	-907	-905	-911	-918	-771	-739	-744	-728
Additional Paid-In Capital	0.0%	1,630	1,629	1,628	1,627	1,625	1,625	1,585	1,584	1,583	1,582	1,581	1,580	1,579	1,578	1,577	1,576	1,574	1,572	1,570	1,567	1,565
Accumulated Depreciation	-1.7%	1,231	1,253	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares Outstanding	-0.4%	15.00	15.00	15.00	15.00	15.00	15.00	14.00	14.00	14.00	14.00	14.00	14.00	-	-	-	-	-	-	-	-	-
Minority Interest	-4.7%	3.00	3.00	3.00	3.00	3.00	4.00	3.00	3.00	2.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	-	-	-
Float	-	-	-	-	255	-	-	-	333	-	-	-	202	-	-	-	82.00	-	-	-	227	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-85.0%	5,985	39,972	36,832	19,403	358	29,401	38,741	21,678	1,953	25,293	33,891	16,533	12,817	36,686	35,357	24,481	20,837	40,955	23,566	3,619	6,341
Cashflow From Investing	382.8%	1,165	-412	-5,111	-6,491	-2,507	-3,644	-146	-4,117	-1,038	1,394	-2,582	-2,797	3,279	-3,485	-958	5,248	-2,579	-3,866	-19,714	-11,294	-3,704
Cashflow From Financing	114.8%	6,614	-44,779	-35,104	-13,489	6,570	-26,551	-33,211	-18,549	-1,345	-25,414	-29,995	-14,415	-16,683	-34,562	-36,005	-28,008	-15,631	-41,861	-8,843	13,567	-7,494
Dividend Payments	0.4%	3,707	3,692	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Buy Backs	33.0%	3,208	2,412	1,252	4,199	3,771	-	13,667	533	9.00	4,204	445	-	-	-	-	-	-	-	-	-	-

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CVEO Income Statement

2024-03-31

UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Total revenues	$ 166,120	$ 167,591
Costs and expenses:
Selling, general and administrative expenses	18,640	16,190
Depreciation and amortization expense	16,770	21,662
Impairment expense	7,823	0
Gain on sale of McClelland Lake Lodge assets, net	(6,075)	0
Other operating expense	298	129
Total costs and expenses	167,901	171,495
Operating loss	(1,781)	(3,904)
Interest expense	(2,360)	(3,656)
Interest income	43	32
Other income	453	2,450
Loss before income taxes	(3,645)	(5,078)
Income tax expense	(1,551)	(1,233)
Net loss	(5,196)	(6,311)
Less: Net income (loss) attributable to noncontrolling interest	(63)	42
Net loss attributable to Civeo Corporation	$ (5,133)	$ (6,353)
Per Share Data (see Note 7)
Basic net loss per share attributable to Civeo Corporation common shareholders (in dollars per share)	$ (0.35)	$ (0.42)
Diluted net loss per share attributable to Civeo Corporation common shareholders (in dollars per share)	$ (0.35)	$ (0.42)
Weighted average number of common shares outstanding:
Basic (in shares)	14,655	15,158
Diluted (in shares)	14,655	15,158
Dividends per common share (in dollars per share)	$ 0.25	$ 0
Service and other
Revenues:
Total revenues	$ 165,530	$ 167,377
Costs and expenses:
Service and other costs	130,366	133,392
Rental
Revenues:
Total revenues	383	21
Costs and expenses:
Service and other costs	0	35
Product
Revenues:
Total revenues	207	193
Costs and expenses:
Service and other costs	$ 79	$ 87

CVEO Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 16,752	$ 3,323
Accounts receivable, net	131,478	143,222
Inventories	7,233	6,982
Prepaid expenses	6,088	8,439
Other current assets	3,521	7,407
Assets held for sale	3,800	5,873
Total current assets	168,872	175,246
Property, plant and equipment, net	245,840	270,563
Goodwill	7,360	7,690
Other intangible assets, net	74,688	77,999
Operating lease right-of-use assets	12,738	12,286
Other noncurrent assets	3,572	4,278
Total assets	513,070	548,062
Current liabilities:
Accounts payable	48,641	58,699
Accrued liabilities	26,127	40,523
Income taxes	7,426	3,831
Deferred revenue	4,492	4,849
Other current liabilities	6,167	6,334
Total current liabilities	92,853	114,236
Long-term debt	78,597	65,554
Deferred income taxes	9,046	11,803
Operating lease liabilities	9,447	9,264
Other noncurrent liabilities	23,017	24,167
Total liabilities	212,960	225,024
Shareholders’ Equity:
Common shares (no par value; 46,000,000 shares authorized, 15,037,791 shares and 15,046,756 shares issued, respectively, and 14,623,717 shares and 14,680,081 shares outstanding, respectively)	0	0
Additional paid-in capital	1,629,521	1,628,972
Accumulated deficit	(931,135)	(919,023)
Common shares held in treasury at cost, 414,074 and 366,675 shares, respectively	(10,130)	(9,063)
Accumulated other comprehensive loss	(390,877)	(380,715)
Total Civeo Corporation shareholders’ equity	297,379	320,171
Noncontrolling interest	2,731	2,867
Total shareholders’ equity	300,110	323,038
Total liabilities and shareholders’ equity	$ 513,070	$ 548,062

About Civeo Corp

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 assets, including modular, skid-mounted accommodation, and central facilities that provide short to medium-term accommodation needs. 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 lodging and catering services. The company serves oil, mining, engineering, and oilfield and mining service companies. Civeo Corporation was founded in 1977 and is headquartered in Houston, Texas.

CEO	Mr. Bradley J. Dodson
WEBSITE	https://civeo.com
INDUSTRY	Information Technology Services
EMPLOYEES	2800

Civeo Corp Frequently Asked Questions

What is the ticker symbol for Civeo Corp? What does CVEO stand for in stocks?

CVEO is the stock ticker symbol of Civeo Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Civeo Corp (CVEO)?

As of Fri May 17 2024, market cap of Civeo Corp is 367.64 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CVEO stock?

You can check CVEO's fair value in chart for subscribers.

What is the fair value of CVEO stock?

You can check CVEO's fair value in chart for subscribers. The fair value of Civeo Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Civeo Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CVEO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Civeo Corp a good stock to buy?

The fair value guage provides a quick view whether CVEO is over valued or under valued. Whether Civeo Corp is cheap or expensive depends on the assumptions which impact Civeo Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CVEO.

What is Civeo Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, CVEO's PE ratio (Price to Earnings) is 11.72 and Price to Sales (PS) ratio is 0.53. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CVEO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Civeo Corp's stock?

In the past 10 years, Civeo Corp has provided -0.21 (multiply by 100 for percentage) rate of return.