Civeo Corp (CVEO)

Civeo Corp. engages in the provision of workforce accommodations, logistics and facility management services to the natural resource industry. It operates through the following business segments: Canada, Australia, and U.S. The Canada segment provides accommodation services through lodges, open camps and mobile assets, which supports workforces from oil sands and in a variety of oil and natural gas drilling, mining and related natural resource applications, as well as disaster relief efforts. The Australia segment provides accommodations services on a day rate basis to mining and related service companies, such as construction contractors. The U.S. segment provides open camp facilities and highly mobile smaller camps that follow drilling rigs and completion crews as well as accommodation, office and storage modules that are placed on offshore drilling rigs and products platforms. The company was founded in 1977 and is headquartered in Houston, TX.

Address

THREE ALLEN CENTER
HOUSTON, TX 77002

Founded

1977

Number of Employees

1,600

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
- $146 $65 $278 $832 $4,238 $1,450 $1,113 $15,217 $9,208 $10,907 $4,346
Average Price - $46.83 $11.49 $37.02 $33.89 $31.02 $16.34 $19.57 $27.94 $20.78 $24.00 $24.61
# Shares Purchased - 3,128 5,690 7,522 24,558 136,624 88,740 56,889 544,712 443,222 454,559 176,564
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - -40.2% 143.7% -24.4% -17.4% -9.7% 71.3% 43.1% 0.2% 34.8% 16.7% 13.8%
S&P 500 Return to Date - 173.0% 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 85.2%
Excess Total Return - -213.2% -24.9% -154.1% -122.2% -102.8% -3.5% 11.4% -37.0% 3.4% 9.3% -71.4%
Quartile Rank
Percentile Rank - 19% 69% 26% 27% 29% 64% 75% 47% 74% 73% 51%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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