CVEO · Civeo Corp
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Jul 30, 2026TL;DR. Civeo posted Q2 revenue of $180.0M (+11% YoY) but Adjusted EBITDA slipped to $23.8M from $25.0M on Ontario contract startup costs and softer Australia occupancy, while issuing $115M of 4.50% convertible notes due 2031 and repurchasing 660,297 shares for ~$22.3M to bolster balance-sheet flexibility for North American growth opportunities; full-year 2026 guidance was maintained.
- + Q2 revenue grew 11% YoY to $180.0M, with Canada +9% and Australia +11% on integrated services and occupancy gains
- + Issued $115.0M of 4.50% convertible senior notes due 2031 to add financial flexibility for North American opportunities while repaying higher-cost revolver borrowings
- + Repurchased 660,297 shares for ~$22.3M concurrent with the convertible offering, completing the 20% April 2025 buyback authorization and ~50% of the new 10% authorization
- + Operating cash flow improved to $11.6M in Q2 2026 from negative $2.3M in Q2 2025
- + Net loss narrowed to $2.5M ($0.23/share) from $3.3M ($0.25/share) YoY
- + Canadian segment revenue guided to grow ~20% YoY in H2 2026 vs H2 2025 on base business, integrated services, and turnaround timing
- − Q2 Adjusted EBITDA declined to $23.8M from $25.0M YoY on Ontario startup costs and transitory Australian cost inflation
- − Australian owned-village occupancy softened, with billed rooms down to ~675,000 from ~691,000 YoY as customers responded cautiously to diesel cost/availability concerns
- − Macro-driven fuel cost and diesel availability headwinds in Australia expected to persist through year-end 2026
- − North American growth tied to $1.5B+ bid pipeline remains dependent on customer final investment decisions outside the company's control, with timing of meaningful 2026 contribution uncertain
- − Net leverage ratio rose to 2.1x at 6/30/2026 and pro forma for the convertible remains elevated as proceeds repaid the revolver rather than reducing leverage
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.
Versus peers
Lodging — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
CVEO
this stock
Civeo Corp
|
$339.15M | +45.0% | -6.3% | — | 11.0% |
|
MAR
Marriott International Inc /Md/
|
$91.80B | +15.7% | +4.3% | 36.4 | 2.7% |
|
HLT
Hilton Worldwide Holdings Inc.
|
$70.66B | +11.2% | +7.7% | 46.1 | 2.3% |
|
IHG
Intercontinental Hotels Group PLC /New/
|
$23.11B | +14.8% | — | — | 0.3% |
|
H
Hyatt Hotels Corp
|
$14.93B | -0.9% | +5.8% | 190.9 | 5.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| CVEO | +2.2% | -1.8% | +13.4% | +1.2% | +45.0% |
| SPY | -0.2% | -0.5% | +12.2% | +0.9% | +12.9% |
| vs SPY | +2.4% | -1.3% | +1.2% | +0.2% | +32.2% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.