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HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) announced today that it has scheduled its first quarter 2025 earnings conference call for Wednesday April 30th, at 7:30 a.m. Central Time (8:30 a.m. Eastern Time). During the call, Civeo will discuss financial and operating results for the first quarter 2025, which will be released before the market opens on Wednesday, April 30, 2025. By Phone: Dial 877-423-9813 inside the U.S. or 201-689-8573 internationally and ask for.
HOUSTON & EDMONTON, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) and Six Nations of the Grand River Development Corporation (“SNGRDC”), the economic development arm of the Six Nations community based in Southern Ontario, announced today a new limited partnership, CiveoSix. CiveoSix will deliver hospitality, food services, janitorial, and property maintenance services. “We are excited to expand our portfolio by partnering with Civeo to create sustainable economic opportunities for the.
Civeo (CVEO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Civeo Corp. is positioned for growth despite recent Q4 earnings disappointments, driven by increased demand for oil and mining and a targeted strategy to address Canadian issues. The company focuses on providing accommodations in remote areas for energy and construction workers, with significant operations in Australia and Canada. Civeo is restructuring its Canadian operations to reduce dependency on oil sands and cut overhead costs, projecting a transition year in 2025.
HOUSTON--(BUSINESS WIRE)--Civeo Corporation (NYSE: CVEO) announced today that its Board of Directors has authorized a new share repurchase program under which the Company may repurchase up to 10% of its total common shares outstanding over the next twelve months. The Company recently completed its previous share repurchase authorization, which was announced on September 11, 2024 and covered 5% of the then total common shares outstanding. Since the Company instituted its share repurchase program.
HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) acknowledges the recent shareholder letter issued by Engine Capital LP, a shareholder of the Company. Bradley J. Dodson, Civeo's President and Chief Executive Officer, said, “We appreciate the input of our shareholders and will closely review the letter. The Civeo Board and management team regularly review options to create long-term value, including our capital allocation priorities, cost structure and other opportuniti.
NEW YORK--(BUSINESS WIRE)--Engine Capital LP (together with its affiliates, “Engine” or “we”), which owns approximately 9.8% of Civeo Corporation's (NYSE: CVEO) (“Civeo” or the “Company”) outstanding shares, today sent a letter to the Company's Board of Directors outlining several opportunities to close Civeo's significant valuation gap and unlock value for shareholders. The letter can be viewed and downloaded here. About Engine Capital Engine Capital LP is a value-oriented special situations f.
Dallas, Texas--(Newsfile Corp. - February 28, 2025) - Civeo Corporation (NYSE: CVEO): Stonegate Capital Partners updates their coverage on Civeo Corporation. Despite challenges in the Canadian Segment, CVEO remains a strong free cash flow generator, reporting $68.4M in FCF for FY24.
Civeo Corporation (NYSE:CVEO ) Q4 2024 Earnings Conference Call February 27, 2025 11:00 AM ET Company Participants Regan Nielsen - Vice President, Corporate Development & Investor Relations Bradley Dodson - President & Chief Executive Officer Collin Gerry - Chief Financial Officer & Treasurer Conference Call Participants Stephen Gengaro - Stifel Steve Ferazani - Sidoti Dave Storms - Stonegate Josh Jayne - Daniel Energy Partners Stephen Gengaro - Stifel Operator Greetings, and welcome to the Civeo Corporation Fourth Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
While the top- and bottom-line numbers for Civeo (CVEO) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.