AI Spotlight on CVEO
Company Description
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 accommodations, including modular, skid-mounted accommodation, and central facilities that provide long-term and temporary work force accommodations.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 catering and managed services.It owns and operates 27 lodges and villages with approximately 28,000 rooms; and a fleet of mobile accommodation assets.The company serves oil, mining, engineering, and oilfield and mining service companies.
Civeo Corporation is headquartered in Houston, Texas.
Market Data
Last Price | 23.54 |
Change Percentage | -0.04% |
Open | 23.29 |
Previous Close | 23.55 |
Market Cap ( Millions) | 324 |
Volume | 882461 |
Year High | 28.92 |
Year Low | 21.15 |
M A 50 | 23.28 |
M A 200 | 25.21 |
Financial Ratios
FCF Yield | 25.97% |
Dividend Yield | 4.25% |
ROE | 7.03% |
Debt / Equity | 20.55% |
Net Debt / EBIDTA | 49.84% |
Price To Book | 1.19 |
Price Earnings Ratio | 16.0 |
Price To FCF | 3.85 |
Price To sales | 0.46 |
EV / EBITDA | 4.53 |
News
- Jan -09 - Civeo Announces a Six-Year A$1.4 Billion Integrated Services Contract Renewal with Expanded Scope in Australia
- Nov -14 - Civeo Corporation: Some Favorable Narratives, But A Challenging Q4 Beckons
- Nov -05 - Stonegate Capital Partners Updates Coverage on Civeo Corporation (CVEO) 2024 Q3
- Oct -30 - Civeo Corporation (CVEO) Q3 2024 Earnings Call Transcript
- Oct -30 - Civeo (CVEO) Reports Q3 Earnings: What Key Metrics Have to Say
- Oct -30 - Civeo (CVEO) Reports Q3 Loss, Tops Revenue Estimates
- Oct -30 - Civeo Reports Third Quarter 2024 Results
- Oct -16 - Civeo Announces Third Quarter 2024 Earnings Conference Call
- Sep -11 - Civeo Corporation Announces Renewal of Share Repurchase Authorization
- Sep -05 - Civeo Corporation: Incredibly Cheap Even After Its Recent Rally
- Aug -15 - Top 3 Industrials Stocks That May Implode In Q3
- Aug -13 - Civeo Corporation Announces Amendment and Extension to its Credit Agreement
- Aug -09 - 7 Stocks Set to Explode in August 2024
- Jul -31 - Stonegate Capital Partners Updates Coverage on Civeo Corporation (CVEO) 2024 Q2
- Jul -30 - Civeo (CVEO) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
- Jul -30 - Civeo (CVEO) Beats Q2 Earnings and Revenue Estimates
- Jul -16 - Civeo Announces Second Quarter 2024 Earnings Conference Call
- Jul -02 - Civeo Appoints Andrew S. Fraser as President, Canada
- Jun -14 - Civeo Corp: Still Stellar Even As Shares Lag
- Jun -12 - Civeo Appoints E. Collin Gerry as Chief Financial Officer
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Accommodation
Expected Growth : 4.65 %
What the company do ?
Civeo Corporation's Accommodation segment provides long-term and temporary housing solutions for workers in the natural resource industry, including lodging, food, and other essential services.
Why we expect these perspectives ?
Civeo Corporation's Accommodation segment growth of 4.65% is driven by increasing demand for workforce accommodations in the oil and gas industry, expansion into new regions, and strategic partnerships. Additionally, investments in modular and scalable infrastructure, as well as cost-saving initiatives, have improved operational efficiency and contributed to the segment's growth.
Segment nΒ°2 -> Food Service and Other
Expected Growth : 8.4 %
What the company do ?
Food Service and Other from Civeo Corporation provides catering, accommodation, and other services to remote workforces in the natural resources sector.
Why we expect these perspectives ?
Civeo Corporation's Food Service and Other segment growth of 8.4% is driven by increasing demand for remote site accommodations and catering services in the oil and gas industry, coupled with strategic acquisitions and expansion into new markets, resulting in higher revenue from food and lodging services.
Segment nΒ°3 -> Mobile Facility Rental
Expected Growth : 7.9 %
What the company do ?
Mobile Facility Rental from Civeo Corporation provides temporary, modular, and scalable accommodation solutions for remote workforce housing, offices, and recreational facilities.
Why we expect these perspectives ?
Civeo Corporation's Mobile Facility Rental segment growth of 7.9% is driven by increasing demand for temporary accommodations in remote areas, expansion of oil and gas operations, and rising need for modular infrastructure solutions. Additionally, strategic acquisitions and partnerships have enhanced the company's offerings, contributing to the segment's growth.
Civeo Corporation Products
Product Range | What is it ? |
---|---|
Accommodations | Civeo provides a range of accommodation options, including lodges, villages, and camps, designed to meet the needs of workers in remote locations. |
Catering and Food Services | Civeo offers catering and food services, including meal planning, food preparation, and dining facilities, tailored to meet the needs of workers in remote locations. |
Facility Management | Civeo provides facility management services, including maintenance, repairs, and operations, to ensure that facilities are safe, efficient, and well-maintained. |
Logistics and Supply Chain Management | Civeo offers logistics and supply chain management services, including transportation, warehousing, and inventory management, to support remote operations. |
Waste Management | Civeo provides waste management services, including waste collection, disposal, and recycling, to support environmentally responsible operations in remote areas. |
Camp Services | Civeo offers camp services, including camp management, housekeeping, and laundry services, to support the needs of workers in remote locations. |
Civeo Corporation's Porter Forces
Threat Of Substitutes
Civeo Corporation faces moderate threat from substitutes due to the availability of alternative accommodation options for workers in the oil and gas industry.
Bargaining Power Of Customers
Civeo Corporation has a diversified customer base, which reduces the bargaining power of individual customers. Additionally, the company's unique offerings and long-term contracts further reduce customer bargaining power.
Bargaining Power Of Suppliers
Civeo Corporation relies on a few key suppliers for its operations, which gives them some bargaining power. However, the company's scale and diversified supply chain mitigate this risk.
Threat Of New Entrants
The capital-intensive nature of the accommodation industry and the need for specialized facilities and equipment create barriers to entry, reducing the threat of new entrants.
Intensity Of Rivalry
The accommodation industry is highly competitive, with several established players competing for market share. Civeo Corporation must differentiate itself through its services and offerings to maintain its market position.
Capital Structure
Value | |
---|---|
Debt Weight | 17.80% |
Debt Cost | 15.02% |
Equity Weight | 82.20% |
Equity Cost | 15.02% |
WACC | 15.02% |
Leverage | 21.65% |
Civeo Corporation : Quality Control
Civeo Corporation passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
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