Highest-materiality recent filing
Civeo Q2 revenue up 11% to $180M; net loss $2.5M; issues $115M convertible notes
Revenue $180.0M (+11% YoY); net loss $2.5M ($0.23 diluted EPS) vs $3.3M loss in Q2 2025.
$100M aggregate principal of 4.50% Convertible Senior Notes due 2031 issued; initial purchasers have option for additional $15M.
Civeo prices $100M convertible notes due 2031; renews Western Canada contract through 2032
Priced $100M of 4.50% convertible senior notes due 2031; initial purchasers have option for additional $15M.
Civeo Q1 revenue up 20% to $172.7M; Adjusted EBITDA up 78% to $22.5M
Net loss narrowed to $3.8M ($0.34/share) from $9.8M ($0.72) in Q1 2025.
Civeo reports Q4 Adj. EBITDA $21.7M; full-year Adj. EBITDA $88.2M; new 10% buyback auth.
Q4 2025 revenue $161.6M, net loss $6.5M (-$0.56/diluted); Adj. EBITDA $21.7M vs $11.4M YoY.
Civeo appoints two directors, enters cooperation agreement with Engine Capital
Jeffrey B. Scofield (Class I) and Daniel B. Silvers (Class III) appointed to board effective Nov 26, 2025.
Australia segment revenue $124.5M (+7% YoY), Adjusted EBITDA $26.7M (+19% YoY) from May acquisition and higher occupancy.
Civeo Q2 revenue $162.7M, net loss $3.3M; Canadian segment down 37% YoY
Q2 rev $162.7M (down 14% YoY); net loss $3.3M vs net income $8.2M in Q2 2024.
Civeo Q1 revenue falls 13% YoY, net loss widens, cuts 2025 guidance, suspends dividend
Q1 revenue $144M (-13% YoY), net loss $9.8M ($0.72 EPS) vs $5.1M loss a year ago.
Civeo reports Q4 net loss $15.1M; Canada segment revenue down 44% YoY
Q4 2024 revenue $151.0M (from $170.8M YoY); net loss $15.1M vs net income $23.0M.
Civeo subsidiary agrees to acquire four Australian villages for A$105M
Civeo Pty Ltd to acquire four villages (1,340 rooms) in Australia's Bowen Basin for A$105M (subject to adjustments).
Civeo Q3 net loss $5.1M vs prior-year net income; revenue down 4% as Canada weakens
Revenue $176.3M, down from $183.6M YoY; net loss $0.36 diluted EPS vs net income $0.61 EPS.
Civeo extends credit facility maturity to 2028, upsizes revolver to $245M
Maturity of syndicated facility extended to August 8, 2028 from original 2021 term.
Civeo Q2 net income $8.2M, Adj. EBITDA $31.3M; Australia revenue up 32% YoY
Net income of $8.2M ($0.56 diluted EPS) vs. $4.5M ($0.30) in Q2 2023.
Civeo Q1 net loss $5.1M, revenue $166.1M; Australian segment revenue up 19% YoY
Revenue $166.1M (down 1% YoY from $167.6M); net loss $5.1M vs $6.4M loss in Q1 2023.
Civeo CFO Carolyn Stone departs; Barclay Brewer named Interim CFO
Carolyn Stone left as SVP, CFO and Treasurer on March 4, 2024; departure not due to any disagreement.
Civeo Q4 net income $23M vs loss year ago; FY 2024 EBITDA guidance $80-90M down from $102M
Q4 revenue $170.8M (+5.3% YoY); net income $23.0M ($1.55 EPS) vs net loss $13.0M in Q4 2022.
Civeo Q3 net income $9M, Adj EBITDA $32.9M; raises FY guidance; sells McClelland Lake Lodge for $36M
Q3 revenues $183.6M (flat YoY); net income $9.0M ($0.61 diluted EPS) vs $5.2M ($0.32) in Q3 2022.
Civeo initiates quarterly dividend of $0.25/share and renews share buyback for 5% of shares
Quarterly dividend of $0.25 per share declared; payable Sept 29, 2023 to holders of record Sept 15, 2023.
Civeo Q2 net income $4.5M ($0.30/diluted) vs $9.1M ($0.54) YoY; Australia up 35% adj. EBITDA
Revenue $178.8M, down 3.4% YoY from $185.0M; net income $4.5M vs $9.1M.
Civeo Q1 net loss of $6.4M; Adj EBITDA $20.2M; Australia contract wins A$175M
Revenue $167.6M (flat YoY); net loss $0.42/diluted share vs. $0.06 profit in Q1 2022.
Civeo Q4 net loss $13M; full-year adj. EBITDA $112.8M; 2023 guidance issued
Q4 revenue $162.2M, net loss $13.0M ($1.31/diluted share); adj. EBITDA $15.1M.
Civeo Q3 revenue $184.2M, Adj. EBITDA $35.0M; raises FY22 guidance
Net income $5.2M ($0.32 diluted EPS) vs $0.1M ($0.00) YoY; revenue +19% to $184.2M.
Civeo Q2 revenue $185M, net income $9.1M; raises FY2022 guidance; wins $500M contract renewal
Q2 revenue $185.0M (up 20% YoY); net income $9.1M vs net loss $0.5M; diluted EPS $0.54.
Civeo Q1 revenue $165.7M, net income $0.9M; raises FY2022 guidance
Revenue $165.7M (+32% YoY); net income $0.9M vs loss of $10.0M; diluted EPS $0.06 vs ($0.70).
Civeo Q4 rev $159.8M, net income $9.8M; guides FY22 EBITDA $90-95M
Q4 2021 revenue $159.8M (up 20% YoY), net income $9.8M ($0.58 EPS) vs Q4 2020 loss $2.3M ($0.16 loss).
Civeo Q3 revenues rise 8.5% to $155.1M but net income falls to $0.1M; raises FY guidance lower end
Q3 revenues $155.1M vs $142.9M YoY; net income $0.1M ($0.00 diluted EPS) vs $6.5M ($0.39) in Q3 2020.
Civeo Q2 2021 revenue $154.2M, net loss $0.5M, adjusted EBITDA $32.2M, maintains FY21 guidance
Revenue $154.2M (+34% YoY from $114.7M); net loss $0.5M ($0.03/sh) vs net income $6.1M ($0.37/sh) in Q2 2020.
On July 2, 2024, Civeo Corporation (the “Company” or “Civeo”) appointed Andrew “Andy” S. Fraser as the Company’s Senior Vice President, Canada, effective as of August 19, 2024.
Mr. Schoening will retire upon Mr. Fraser’s joining the Company, but is expected to remain a consultant for the Company for a period after his retirement.
Barclay Brewer, who has been serving as Interim Senior Vice President, Chief Financial Officer and Treasurer since March 5, 2024, and will remain employed with the Company as the Vice President and Chief Accounting Officer, effective as of August 1, 2024.
On June 6, 2024, Civeo Corporation (the “Company” or “Civeo”) appointed E. Collin Gerry as the Company’s Senior Vice President, Chief Financial Officer and Treasurer, effective as of August 1, 2024.
that effective as of March 4, 2024 (the “Separation Date”), Carolyn J. Stone had departed the Company and was no longer serving as the Senior Vice President, Chief Financial Officer and Treasurer of the Company.
On March 4, 2024 (the “Separation Date”), Carolyn J. Stone has departed the Company and will no longer serve as the Senior Vice President, Chief Financial Officer and Treasurer of the Company.
Effective as of March 5, 2024, Barclay Brewer, the Company’s Vice President and Controller, has been appointed as Interim Chief Financial Officer.
On January 5, 2024, Allan D. Schoening informed Civeo Corporation (the “Company”) that he will retire from his position as the Company’s Senior Vice President, Canada, effective as of December 31, 2024.
On July 19, 2021, the board of directors (the “Board”) of Civeo Corporation (the “Company”) increased the size of the Board to nine members and appointed Jay Grewal and Michael Montelongo as directors, effective as of August 15, 2021.
On July 19, 2021, the board of directors (the “Board”) of Civeo Corporation (the “Company”) increased the size of the Board to nine members and appointed Jay Grewal and Michael Montelongo as directors, effective as of August 15, 2021.
Max materiality 0.80 · Median 0.65 · Most common event earnings