Civeo
Provides lodging and hospitality services for remote resource-sector workforces.
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Profile
Provides workforce lodging and site services for resource-sector customers in Australia and Canada. Its Australia and Canada segments combine company- or customer-owned accommodations with catering, housekeeping, maintenance, utilities, security, and logistics services.
Remote workers use its lodging, catering and food service, housekeeping, laundry, maintenance, facility management, water and wastewater treatment, power, communications, security, and logistics services. Accommodations can be company-owned villages or customer-owned facilities.
Australia and Canada are the two reportable segments. The Australian platform includes mining regions and customer-site catering and managed services, while the Canadian business serves oil-sands and LNG markets.
The platform was expanded through Canadian lodges, a Western Australian catering business, and four Bowen Basin villages. Demand depends on customer activity in metallurgical coal, oil, iron ore, and LNG-producing regions and on the use of remote workforce accommodations.
Company facts
Key statistics
Year to date +42.2% · Average volume (30d) 118.8K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 4, 2026 | Raymond James | Initiate | Strong Buy | $51 | |
| Mar 4, 2026 | Stifel Nicolaus | Target | $33 | $37 | |
| Feb 5, 2026 | Stifel Nicolaus | Target | $28 | $33 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 30, 2026Q2 FY26 | −$0.30 | −$0.23 | +23.3% | $172.2M | $180.0M | +4.6% | −1.51% |
| May 1, 2026Q1 FY26 | −$0.61 | −$0.34 | +44.3% | $154.7M | $172.7M | +11.6% | −1.51% |
| Mar 3, 2026Q4 FY25 | −$0.41 | −$0.56 | −36.6% | $170.2M | $161.6M | −5.0% | +7.70% |
| Oct 31, 2025Q3 FY25 | $0.20 | −$0.04 | −120.0% | $173.5M | $170.5M | −1.8% | +11.60% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $144.0M | $162.7M | $170.5M | $161.6M | $172.7M | $180.0M | |
| Gross profit | $29.4M | $41.2M | $23.8M | $36.7M | $40.2M | $25.5M | |
| Operating income | −$5.5M | $2.8M | $5.7M | −$135.0K | $2.8M | $5.1M | |
| Net income | −$9.8M | −$3.3M | −$455.0K | −$6.5M | −$3.8M | −$2.5M | |
| Diluted EPS | −$0.72 | −$0.25 | −$0.04 | −$0.56 | −$0.34 | −$0.23 | |
| Gross margin | 20.4% | 25.3% | 13.9% | 22.7% | 23.3% | 14.2% | |
| Operating margin | -3.8% | 1.7% | 3.3% | -0.1% | 1.6% | 2.8% |
Fiscal years (4-quarter sums)FY21 $594.5M · FY22 $697.1M · FY23 $700.8M · FY24 $682.1M · FY25 $638.8M
Revenue by geography · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $20.6M · Total debt $221.5M · Total assets $487.9M · Shareholders' equity $159.4M
Dividends
To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Feb 24, 2025 | Feb 24 | Mar 17 | $0.25 | |
| Nov 25, 2024 | Nov 25 | Dec 16 | $0.25 | |
| Aug 26, 2024 | Aug 26 | Sep 16 | $0.25 | |
| May 23, 2024 | May 27 | Jun 17 | $0.25 | |
| Feb 23, 2024 | Feb 26 | Mar 18 | $0.25 | |
| Nov 24, 2023 | Nov 27 | Dec 18 | $0.25 | |
| Sep 14, 2023 | Sep 15 | Sep 29 | $0.25 |
Ownership
Shares outstanding 10.94M · Float 6.86M · 62.7% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Horizon Kinetics Asset Management LLC | 2.35M | 21.50% | 13F | May 15, 2026 |
| Engine Capital Management, LP | 874.5K | 7.99% | 13F | May 15, 2026 |
| TCW Group Inc | 846.6K | 7.74% | 13F | May 14, 2026 |
| Dimensional Fund Advisors LP | 639.3K | 5.84% | 13F | May 7, 2026 |
| American Century Investment Management, Inc. | 561.8K | 5.10% | 13G | May 1, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Mar 6, 2026 | Peter McCann | officer: SVP, Australia | −4,000 | $28.64 |
| Feb 18, 2026 | Engine Capital Management, LP | 10 percent owner | −9,169 | $29.03 |
| Feb 13, 2026 | Engine Capital Management, LP | 10 percent owner | −417,015 | $28.80 |
Peers
- Aramark
Food and facilities-services competitor at customer-owned remote sites
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Civeo | $33.12 | +0.21% | $362.4M | — | — | 0.5 | +10.7% |
| Aramark | $58.18 | +0.08% | $15.30B | 40.7 | 22.0 | 0.8 | +8.6% |
| Median | 40.7 | 22.0 | 0.8 | +8.6% |