Civeo Corporation ( CVEO ) Q3 2025 Earnings Call October 31, 2025 8:30 AM EDT Company Participants Regan Nielsen - Senior Director of Corporate Development & Investor Relations Bradley Dodson - CEO, President & Director E. Gerry - Senior VP, CFO & Treasurer Conference Call Participants Stephen Gengaro - Stifel, Nicolaus & Company, Incorporated, Research Division Steve Ferazani - Sidoti & Company, LLC David Storms - Stonegate Capital Partners, Inc., Research Division Presentation Operator Greetings, and welcome to the Civeo Corporation Third Quarter 2025 Earnings Call.
Civeo (CVEO) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.2. This compares to a loss of $0.36 per share a year ago.
Civeo Corporation offers workforce accommodations, with its Australian segment driving growth and resilience despite Canadian headwinds. CVEO's recent acquisition in Australia's Bowen Basin strengthens market leadership, adds take-or-pay contracts, and is expected to boost EBITDA at a low purchase multiple. Management's aggressive share buybacks and suspended dividends signal strong confidence in undervaluation and a focus on long-term shareholder value.
Civeo Corp (CVEO) remains a "Strong Buy" despite recent share price weakness and higher leverage following a transformative acquisition. CVEO's Australian operations are driving growth through new contracts and acquisitions, offsetting weakness in Canadian operations tied to lower oil prices. Management forecasts rising EBITDA and cash flow, with a growing backlog supporting future revenue and profit visibility.
Civeo Corporation (NYSE:CVEO ) Q2 2025 Earnings Conference Call July 29, 2025 8:30 AM ET Company Participants Bradley J. Dodson - CEO, President & Director E.
Civeo (CVEO) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to earnings of $0.56 per share a year ago.
Civeo (CVEO) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Civeo remains a 'strong buy' despite recent financial weakness, as shares trade at attractive valuations and recent moves position the company for long-term gains. Australian operations are driving growth with new contracts and acquisitions, offsetting ongoing weakness in Canadian operations tied to the energy sector. The recent Bowen Basin acquisition, though increasing net debt, lowers the company's trading multiple and is expected to significantly boost EBITDA and revenue.
Civeo Corporation deserves a 'Buy' rating due to its unique position as a provider of workforce accommodations and hospitality, healthy outlook and cheap valuation of 5.9x EV/FCF. The company has a proven track record of producing free cash flow and has massively deleveraged over the last ten years. Management increased the share buybacks from 10% to 20% of outstanding shares.
Civeo (CVEO) came out with a quarterly loss of $0.72 per share versus the Zacks Consensus Estimate of a loss of $0.78. This compares to loss of $0.26 per share a year ago.
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.