CVEO - Civeo Corp Stock Price, Fair Value and News

25.11USD-0.03 (-0.12%)Market Closed

Market Summary

USD25.11-0.03

Market Closed

-0.12%

CVEO Stock Price

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CVEO RSI Chart

CVEO Valuation

Market Cap

368.8M

Price/Earnings (Trailing)

12.23

Price/Sales (Trailing)

0.53

EV/EBITDA

3.35

Price/Free Cashflow

5.68

CVEO Price/Sales (Trailing)

CVEO Profitability

EBT Margin

5.76%

Return on Equity

9.42%

Return on Assets

5.5%

Free Cashflow Yield

17.61%

CVEO Fundamentals

CVEO Revenue

Revenue (TTM)

700.8M

Rev. Growth (Yr)

5.31%

Rev. Growth (Qtr)

-6.96%

CVEO Earnings

Earnings (TTM)

30.2M

Earnings Growth (Yr)

281.33%

Earnings Growth (Qtr)

155.21%

Breaking Down CVEO Revenue

Last 7 days

-6.9%

Last 30 days

-1.1%

Last 90 days

16.0%

Trailing 12 Months

23.0%

How does CVEO drawdown profile look like?

CVEO Financial Health

Current Ratio

1.53

Debt/Equity

0.2

Debt/Cashflow

1.47

CVEO Investor Care

Dividend Yield

13.33%

Dividend/Share (TTM)

3.12

Buy Backs (1Y)

3.60%

Diluted EPS (TTM)

2.02

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Civeo Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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
Feb 25, 2024	mccann peter	back to issuer	-75,443	22.4	-3,368	svp, australia
Feb 25, 2024	stone carolyn j	back to issuer	-122,774	22.4	-5,481	svp, cfo & treasurer

Which funds bought or sold CVEO recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	HARBOR INVESTMENT ADVISORY, LLC	unchanged	-	1,164	7,813	-%
Apr 05, 2024	CWM, LLC	unchanged	-	1,000	11,000	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	new	-	566,680	566,680	-%
Feb 15, 2024	BARCLAYS PLC	new	-	57,000	57,000	-%
Feb 15, 2024	PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.	added	7.28	1,202,780	7,791,260	0.46%
Feb 15, 2024	HORIZON KINETICS ASSET MANAGEMENT LLC	reduced	-8.07	1,118,490	85,329,600	1.79%
Feb 14, 2024	Solas Capital Management, LLC	reduced	-26.27	-1,153,710	5,004,630	3.11%
Feb 14, 2024	Moors & Cabot, Inc.	reduced	-18.04	-86,277	806,834	0.05%
Feb 14, 2024	Man Group plc	new	-	650,631	650,631	-%
Feb 14, 2024	Squarepoint Ops LLC	added	57.56	290,590	685,020	-%

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
Apr 12, 2024	ARS	ARS
Apr 12, 2024	DEF 14A	DEF 14A
Apr 01, 2024	PRE 14A	PRE 14A
Mar 13, 2024	8-K/A	Current Report
Mar 07, 2024	8-K	Current Report
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Feb 29, 2024	10-K	Annual Report

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	99.8B	18.6B	0.42%	11.76%	28.04	5.37	7.76%	13.08%
CTAS	67.8B	9.4B	6.93%	45.31%	45.1	7.21	9.34%	15.98%
CPRT	51.9B	4.1B	-3.71%	39.02%	38.28	12.79	10.52%	25.37%
EFX	29.5B	5.3B	-6.85%	21.97%	54.01	5.59	2.79%	-21.68%
BAH	18.2B	10.3B	-2.90%	43.74%	44.47	1.76	13.90%	-5.05%
ALLE	11.0B	3.7B	-4.22%	20.60%	20.38	3.02	11.58%	17.98%
MID-CAP
RHI	7.3B	6.4B	-11.65%	-8.39%	17.74	1.14	-11.68%	-37.51%
AL	5.4B	2.7B	4.40%	21.60%	8.79	2.01	15.87%	733.47%
SRCL	4.5B	2.7B	-8.46%	16.39%	-211.64	1.7	-1.68%	-137.70%
ABM	2.8B	8.2B	1.99%	1.28%	10.73	0.34	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	1.5B	4.53%	92.06%	84.31	1.26	41.33%	169.51%
ALTG	383.2M	1.9B	4.10%	-18.89%	43.05	0.2	19.40%	-4.30%
ARC	113.3M	281.2M	4.30%	-12.75%	13.76	0.4	-1.68%	-25.77%
AQMS	56.0M	1.1M	8.51%	-55.84%	-2.34	49.78	336.95%	-55.13%
AWX	9.0M	80.5M	-0.86%	-18.15%	-4.98	0.11	-0.82%	-207.00%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-7.0%	171	184	179	168	162	184	185	166	160	155	154	125	133	143	115	139	149	148	122	109	115
Costs and Expenses	-8.3%	154	168	169	171	174	173	171	161	152	149	152	135	137	136	117	288	171	145	134	126	122
S&GA Expenses	-2.5%	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	1.00
EBITDA Margin	41.4%	0.18*	0.13*	0.14*	0.15*	0.16*	0.19*	0.19*	0.18*	0.17*	0.16*	0.18*	0.21*	-	-	-	-	-	-	-	-	-
Interest Expenses	-24.2%	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	7.00
Income Taxes	743.2%	8.00	-1.20	3.00	1.00	-2.68	4.00	2.00	2.00	1.00	2.00	-0.49	1.00	-2.12	0.00	0.00	-8.81	3.00	-6.63	-2.90	-4.48	-1.96
Earnings Before Taxes	279.4%	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	-15.24
EBT Margin	933.4%	0.06*	-0.01*	0.00*	0.00*	0.02*	0.05*	0.05*	0.03*	0.01*	-0.02*	-0.01*	0.01*	-	-	-	-	-	-	-	-	-
Net Income	155.2%	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	-13.80
Net Income Margin	635.2%	0.04*	-0.01*	-0.01*	-0.01*	0.01*	0.04*	0.03*	0.02*	0.00*	-0.02*	-0.01*	0.00*	-	-	-	-	-	-	-	-	-
Free Cashflow	7.8%	30.00	27.00	12.00	-4.41	21.00	30.00	17.00	-1.64	20.00	31.00	13.00	9.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-1.5%	548	557	559	551	566	583	637	673	673	684	718	710	741	733	735	720	970	1,011	1,020	1,008	1,002
Current Assets	-8.1%	175	191	176	159	154	165	170	162	157	158	143	109	119	123	118	126	131	144	131	103	108
Cash Equivalents	-57.5%	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	12.00
Inventory	11.3%	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	4.00
Net PPE	2.7%	271	263	276	284	302	310	349	386	390	400	443	469	487	481	487	465	590	600	636	651	659
Goodwill	5.5%	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	114
Liabilities	-14.3%	225	263	264	259	262	247	274	300	310	331	354	346	365	379	400	423	479	505	510	487	466
Current Liabilities	-8.8%	114	125	103	103	128	118	119	119	137	137	131	111	117	107	99.00	106	110	103	93.00	91.00	87.00
Long Term Debt	-31.6%	66.00	96.00	121	120	103	97.00	123	145	143	163	189	201	214	237	265	281	322	357	368	347	343
LT Debt, Current	-100.0%	-	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	33.00
LT Debt, Non Current	-31.6%	66.00	96.00	121	120	103	97.00	123	145	143	163	189	201	214	237	265	281	322	357	368	347	343
Shareholder's Equity	10.1%	320	291	295	292	300	336	364	373	363	353	363	364	375	354	334	297	491	506	510	521	535
Retained Earnings	1.8%	-919	-935	-939	-940	-930	-911	-903	-912	-912	-918	-918	-917	-907	-905	-911	-918	-771	-739	-744	-728	-710
Additional Paid-In Capital	0.1%	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	1,562
Shares Outstanding	-0.8%	15.00	15.00	15.00	15.00	15.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	-	-	-	-	-	-	-	-	-
Minority Interest	-11.5%	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	8.5%	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	28,529
Cashflow From Investing	91.9%	-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	4,159
Cashflow From Financing	-27.6%	-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	-24,336
Dividend Payments	-	3,692	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Buy Backs	92.7%	2,412	1,252	4,199	3,771	-	13,667	533	9.00	4,204	445	-	-	-	-	-	-	-	-	-	-	-

CVEO Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Total revenues	$ 700,805	$ 697,052	$ 594,463
Costs and expenses:
Selling, general and administrative expenses	72,605	69,962	60,600
Depreciation and amortization expense	75,142	87,214	83,101
Impairment expense	1,395	5,721	7,935
Gain on sale of McClelland Lake Lodge assets, net	(18,590)	0	0
Other operating expense	479	74	313
Total costs and expenses	661,318	680,034	588,411
Operating income	39,487	17,018	6,052
Interest expense	(13,177)	(11,474)	(12,964)
Loss on extinguishment of debt	0	0	(416)
Interest income	172	39	2
Other income	13,881	5,149	13,199
Income before income taxes	40,363	10,732	5,873
Income tax expense	(10,633)	(4,402)	(3,376)
Net income	29,730	6,330	2,497
Less: Net income (loss) attributable to noncontrolling interest	(427)	2,333	1,147
Net income attributable to Civeo Corporation	30,157	3,997	1,350
Less: Dividends attributable to Class A preferred shares	0	1,771	1,925
Net income (loss) attributable to Civeo common shareholders	$ 30,157	$ 2,226	$ (575)
Per Share Data (see Note 6)
Basic net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	$ 2.02	$ (0.21)	$ (0.04)
Diluted net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	$ 2.01	$ (0.21)	$ (0.04)
Weighted average number of common shares outstanding:
Basic (in shares)	14,906	14,002	14,232
Diluted (in shares)	15,013	14,002	14,232
Service and other
Revenues:
Total revenues	$ 699,006	$ 676,001	$ 575,186
Costs and expenses:
Service, other and product costs	529,741	500,513	420,579
Rental
Revenues:
Total revenues	737	18,316	16,033
Costs and expenses:
Service, other and product costs	176	14,975	13,960
Product
Revenues:
Total revenues	1,062	2,735	3,244
Costs and expenses:
Service, other and product costs	$ 370	$ 1,575	$ 1,923

CVEO Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 3,323	$ 7,954
Accounts receivable, net	143,222	119,755
Inventories	6,982	6,907
Prepaid expenses	8,439	7,199
Other current assets	7,407	3,081
Assets held for sale	5,873	8,653
Total current assets	175,246	153,549
Property, plant and equipment, net	270,563	301,890
Goodwill	7,690	7,672
Other intangible assets, net	77,999	81,747
Operating lease right-of-use assets	12,286	15,722
Other noncurrent assets	4,278	5,604
Total assets	548,062	566,184
Current liabilities:
Accounts payable	58,699	51,087
Accrued liabilities	40,523	39,211
Income taxes	3,831	178
Current portion of long-term debt	0	28,448
Deferred revenue	4,849	991
Other current liabilities	6,334	8,342
Total current liabilities	114,236	128,257
Long-term debt, less current maturities	65,554	102,505
Deferred income taxes	11,803	4,778
Operating lease liabilities	9,264	12,771
Other noncurrent liabilities	24,167	14,172
Total liabilities	225,024	262,483
Commitments and contingencies (Note 15)
Shareholders’ equity:
Preferred shares (Class A Series 1)	0	0
Common shares (no par value; 46,000,000 shares authorized, 15,046,756 shares and 15,584,176 shares issued, respectively, and 14,680,081 shares and 15,217,501 shares outstanding, respectively)	0	0
Additional paid-in capital	1,628,972	1,624,512
Accumulated deficit	(919,023)	(930,123)
Common shares held in treasury at cost, 366,675 and 366,675 shares, respectively	(9,063)	(9,063)
Accumulated other comprehensive loss	(380,715)	(385,187)
Total Civeo Corporation shareholders’ equity	320,171	300,139
Noncontrolling interest	2,867	3,562
Total shareholders’ equity	323,038	303,701
Total liabilities and shareholders’ equity	$ 548,062	$ 566,184

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 Wed Apr 17 2024, market cap of Civeo Corp is 368.8 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 Wed Apr 17 2024, CVEO's PE ratio (Price to Earnings) is 12.23 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.