Welcome to our dedicated page for Civeo Cda news (Ticker: CVEO), a resource for investors and traders seeking the latest updates and insights on Civeo Cda stock.
Civeo Corporation (NYSE: CVEO) is a hospitality services provider focused on lodging and supporting large workforces in natural resource regions, including the Canadian oil sands and Australian resource areas such as the Bowen Basin. The CVEO news page on Stock Titan aggregates company announcements, third‑party coverage and regulatory updates that reflect how the business is evolving across its core markets.
Readers can find news about Civeo’s financial and operating results, such as quarterly revenue, net income or loss, and Adjusted EBITDA as reported in its earnings press releases. These updates often include commentary on segment performance in Canada, Australia and the United States, as well as discussions of occupancy trends at lodges and villages, cost reduction efforts and capital expenditure plans related to the company’s accommodation assets.
Civeo’s news flow also features information on contract activity and strategic moves. The company has reported multi‑year contract renewals and awards in the Australian Bowen Basin with metallurgical coal producers, including room and integrated services contracts that cover catering, cleaning and maintenance at villages. It has also announced acquisitions of villages in the Bowen Basin and described how these transactions expand its presence in that region.
Corporate and governance developments appear in the news as well. Civeo has disclosed share repurchase activity under its Board‑authorized program and has announced a cooperation agreement with Engine Capital LP that includes the appointment of new directors and related Board committee assignments.
Investors and analysts can use the CVEO news page to follow these recurring themes: earnings releases, contract wins and renewals, acquisitions of accommodation assets, cost and efficiency initiatives, capital allocation decisions and Board or governance updates. Regularly reviewing this news stream helps contextualize Civeo’s operations in the Canadian oil sands, Australian natural resource regions and other markets it serves.
Civeo (NYSE: CVEO) appointed Jeffrey B. Scofield and Daniel B. Silvers to its Board of Directors effective immediately, under a cooperation agreement with Engine Capital LP and certain affiliates.
The Board will temporarily expand to 11 directors; two incumbent directors will not stand for reelection at the Company’s 2026 Annual Meeting, when the Board will return to nine directors, eight of whom will be independent.
Mr. Scofield joins the Audit and Finance and Investment Committees; Mr. Silvers joins the Compensation and Environmental, Social, Governance & Nominating Committees. The Agreement includes customary standstill, voting and other provisions; its full text will be filed on Form 8-K.
Civeo Corporation (NYSE: CVEO) reported 2025 Q3 results with $170.5M revenue and $28.8M adjusted EBITDA versus Stonegate/consensus estimates of $175.9M/$173.5M and $27.7M/$27.8M respectively. The year-over-year EBITDA gain reflected strength in Australia and Canada cost cuts. Operating cash flow was $13.8M and capital expenditures were $5.6M, mainly for lodge and village maintenance. The company ended the quarter with net debt of $176M, net leverage of 2.1x, and liquidity of approximately $70M. Management repurchased about 8% of shares in 3Q25 (~1.05M shares). FY25 guidance was tightened to $640–$655M revenue and $86–$91M adjusted EBITDA.
Civeo (NYSE:CVEO) scheduled its Q3 2025 earnings conference call for Friday, October 31, 2025 at 7:30 a.m. CT (8:30 a.m. ET).
The company will release third quarter 2025 financial and operating results before market open on October 31, 2025 and discuss them on the call. Investors may join by phone (877-423-9813 U.S.; 201-689-8573 international) using conference ID 13756815#, or by webcast via Civeo's Investor Relations Events and Presentations page at www.civeo.com. Participants should log in or dial in at least 10 minutes early.
A replay will be available through November 10, 2025 by phone (844-512-2921 U.S.; 412-317-6671 international) using conference ID 13756815#, and a webcast replay will be posted after the call.
Civeo Corporation (NYSE:CVEO) released its Q2 2025 financial results, reporting revenue of $162.7M and Adjusted EBITDA of $25.0M. The company posted an Adjusted EPS loss of ($0.25), falling below consensus estimates of $0.18.
Key developments include the acquisition of four villages in Australia's Bowen Basin and securing multi-year contracts worth A$314M in expected revenue. The company also completed a share repurchase program, buying back 7% of shares outstanding for $19.1M. While the Australian segment showed strength, Canadian operations continued to face macro-driven headwinds.
Civeo Corporation (NYSE:CVEO), a hospitality services provider, reported Q2 2025 financial results with revenues of $162.7 million and a net loss of $3.3 million. The company generated $25.0 million in Adjusted EBITDA and negative operating cash flow of $2.3 million.
Key developments include the acquisition of four villages in Australia's Bowen Basin, securing contracts worth A$314 million, and repurchasing 883,000 shares (7% of outstanding) for $19.1 million. The company maintained its 2025 guidance with revenues of $640-670 million and Adjusted EBITDA of $86-96 million.
While Australian operations showed improvement with a 10% increase in Adjusted EBITDA, the Canadian segment faced challenges with a 37% revenue decline due to reduced customer spending in oil sands operations.
Civeo (NYSE:CVEO) has scheduled its second quarter 2025 earnings conference call for Tuesday, July 29, 2025, at 7:30 a.m. Central Time (8:30 a.m. Eastern Time). The company will release its Q2 2025 financial and operating results before market opens on the same day.
Investors can access the call via phone by dialing 877-423-9813 (U.S.) or 201-689-8573 (international) using conference ID: 13755145#. A replay will be available through August 8th. Alternatively, the webcast can be accessed through Civeo's Investor Relations website at www.civeo.com.
Civeo Corporation (NYSE: CVEO) has secured a significant three-year integrated services contract with a major metallurgical coal producer in the Australian Bowen Basin. The contract, valued at approximately A$64 million, will run from June 2025 to 2028, marking Civeo's first integrated services contract in Queensland.
The agreement expands Civeo's relationship with one of its largest customers, who has been utilizing Civeo's village accommodations for over a decade. The contract scope includes onsite village catering, cleaning, and maintenance services at two villages. The company confirmed that this contract award was already included in their full-year 2025 revenue and Adjusted EBITDA guidance.
Civeo Corporation (NYSE: CVEO) reported mixed Q1 2025 financial results with revenue of $144.0 million, falling short of consensus estimates of $148.1 million. The company posted an Adjusted EBITDA of $12.7 million and adjusted EPS of ($0.72). The underperformance was primarily attributed to weakness in both pricing and billed rooms volume in the Canadian segment, although the Australian segment showed robust performance.
CVEO updated its 2025 guidance following a recent acquisition, projecting revenue between $640-670 million and Adjusted EBITDA of $86-96 million. Additionally, the company announced an increase in its share repurchase authorization from 10% to 20% of shares outstanding while suspending its quarterly cash dividend.