Company research
Civeo Corp
CIK 1590584Updated Sep 26, 2026
SecurityCVEO · NYSE · equity
Name history
OIS Accommodations SpinCo Inc. · through Mar 18, 2014
CVEO price & chart
Loading TradingView…
NYSE:CVEO on TradingView ↗In the news
Recent filings
10-Q filing
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Unregistered Sales of Equity Securities
Items 1.01, 2.03, 3.02, 9.01
Regulation FD Disclosure · Other Events
Items 7.01, 8.01, 9.01
4 filing
Financials
FY 2025 · USDSource
Source
Source
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 477,411,000Source | 405,072,000Source | 548,062,000Source | 566,184,000Source |
| Property, Plant and Equipment, NetUSD | 244,517,000Source | 204,897,000Source | 270,563,000Source | 301,890,000Source |
| GoodwillUSD | 7,541,000Source | 7,001,000Source | 7,690,000Source | 7,672,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 70,410,000Source | 66,502,000Source | 77,999,000Source | 81,747,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 14,439,000Source | 5,204,000Source | 3,323,000Source | 7,954,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 90,470,000Source | 89,038,000Source | 143,222,000Source | 119,755,000Source |
| Inventory, NetUSD | 6,218,000Source | 7,537,000Source | 6,982,000Source | 6,907,000Source |
| Assets, CurrentUSD | 131,213,000Source | 110,453,000Source | 175,246,000Source | 153,549,000Source |
| Operating Lease, Right-of-Use AssetUSD | 14,485,000Source | 9,401,000Source | 12,286,000Source | 15,722,000Source |
| Other Assets, NoncurrentUSD | 9,245,000Source | 6,818,000Source | 4,278,000Source | 5,604,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 303,027,000Source | 168,074,000Source | 225,024,000Source | 262,483,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | — | 0Source | 0Source |
| Retained Earnings (Accumulated Deficit)USD | -1,058,911,000Source | -980,720,000Source | -919,023,000Source | -930,123,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -390,813,000Source | -404,600,000Source | -380,715,000Source | -385,187,000Source |
| Stockholders' Equity Attributable to ParentUSD | 174,384,000Source | 236,373,000Source | 320,171,000Source | 300,139,000Source |
| Additional Paid in Capital, Common StockUSD | 1,634,883,000Source | 1,631,823,000Source | 1,628,972,000Source | 1,624,512,000Source |
| Liabilities and EquityUSD | 477,411,000Source | 405,072,000Source | 548,062,000Source | 566,184,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 84,936,000Source | 92,646,000Source | 114,236,000Source | 128,257,000Source |
| Operating Lease, Liability, CurrentUSD | 3,631,000Source | 3,061,000Source | 3,594,000Source | 3,792,000Source |
| Accounts Payable, CurrentUSD | 44,282,000Source | 39,971,000Source | 58,699,000Source | 51,087,000Source |
| Operating Lease, Liability, NoncurrentUSD | 11,142,000Source | 6,655,000Source | 9,264,000Source | 12,771,000Source |
| Deferred Income Tax Liabilities, NetUSD | 3,318,000Source | 3,558,000Source | 11,803,000Source | 4,778,000Source |
| Other Liabilities, NoncurrentUSD | 20,789,000Source | 21,916,000Source | 24,167,000Source | 14,172,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 0Source | 625,000Source | 2,867,000Source | 3,562,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 30,837,000Source | 34,933,000Source | 40,523,000Source | 39,211,000Source |
| Deferred Tax Liabilities, NetUSD | 3,318,000Source | 3,558,000Source | 11,803,000Source | 4,778,000Source |
| Long-term Debt, Current MaturitiesUSD | — | — | 0Source | 28,448,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 182,842,000Source | 43,299,000Source | 65,554,000Source | 102,505,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -20,076,000Source | -18,429,000Source | 29,730,000Source | 6,330,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 72,618,000Source | 68,038,000Source | 75,142,000Source | 87,214,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -4,743,000Source | -44,228,000Source | 22,311,000Source | 14,447,000Source |
| Increase (Decrease) in InventoriesUSD | -1,722,000Source | 1,224,000Source | -5,000Source | 1,845,000Source |
| Deferred Income Tax Expense (Benefit)USD | -4,409,000Source | -7,659,000Source | 6,806,000Source | 4,177,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 22,337,000Source | 83,510,000Source | 96,565,000Source | 91,773,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 72,168,000Source | — | — | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -90,111,000Source | -14,944,000Source | -14,521,000Source | -8,945,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | 0Source | -183,000Source | -372,000Source | -190,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 20,190,000Source | 26,138,000Source | 31,633,000Source | 25,421,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 53,612,000Source | 29,616,000Source | 11,634,000Source | 14,209,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 74,719,000Source | -65,198,000Source | -86,802,000Source | -79,656,000Source |
| Dividends paid | — | — | — | — |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -645,000Source | -1,067,000Source | 0Source | -1,078,000Source |
| Repayments of Long-term DebtUSD | 0Source | 0Source | 29,899,000Source | 30,442,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 9,235,000Source | 1,881,000Source | -4,631,000Source | 1,672,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 14,439,000Source | 5,204,000Source | 3,323,000Source | 7,954,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 8,655,000Source | 5,479,000Source | 10,250,000Source | 9,226,000Source |
| Income Taxes Paid, NetUSD | 33,560,000Source | 12,274,000Source | 251,000Source | 220,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 2,290,000Source | -1,487,000Source | 127,000Source | -1,500,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 9,400,000Source | 9,200,000Source | 11,800,000Source | 14,900,000Source |
| Amortization of Intangible AssetsUSD | 6,500,000Source | 6,100,000Source | 5,800,000Source | 5,900,000Source |
| Asset Retirement Obligation, Accretion ExpenseUSD | 1,145,000Source | 1,112,000Source | 1,104,000Source | 1,830,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | -400,000Source | -900,000Source | -500,000Source | -100,000Source |
| Gain (Loss) on Disposition of AssetsUSD | 1,970,000Source | 6,418,000Source | 21,196,000Source | 4,917,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | 0Source | 5,744,000Source | 18,590,000Source | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | 0Source | 0Source |
| GoodwillUSD | 7,541,000Source | 7,001,000Source | 7,690,000Source | 7,672,000Source |
| Income Tax Expense (Benefit)USD | 13,620,000Source | 12,492,000Source | 10,633,000Source | 4,402,000Source |
| InterestExpenseNonoperatingUSD | 11,418,000Source | 7,973,000Source | — | — |
| Investment Income, InterestUSD | 164,000Source | 187,000Source | 172,000Source | 39,000Source |
| Net Income (Loss) Attributable to ParentUSD | -20,071,000Source | -17,067,000Source | 30,157,000Source | 3,997,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -5,000Source | -1,362,000Source | -427,000Source | 2,333,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | -17,067,000Source | 30,157,000Source | -2,963,000Source |
| Nonoperating Income (Expense)USD | -10,571,000Source | — | — | — |
| Operating Lease, ExpenseUSD | 4,500,000Source | 4,200,000Source | 4,200,000Source | 5,000,000Source |
| Other Nonoperating Income (Expense)USD | 683,000Source | -7,269,000Source | 13,881,000Source | 5,149,000Source |
| Other Operating Income (Expense), NetUSD | 987,000Source | -6,735,000Source | -479,000Source | -74,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 638,849,000Source | 682,122,000Source | 700,805,000Source | 697,052,000Source |
| Cost of RevenueUSD | 487,761,000Source | 532,667,000Source | — | — |
| Selling, General and Administrative ExpenseUSD | 75,342,000Source | 73,350,000Source | 72,605,000Source | 69,962,000Source |
| Operating Income (Loss)USD | 4,115,000Source | 1,332,000Source | 39,487,000Source | 17,018,000Source |
| Other Nonoperating Income (Expense)USD | 683,000Source | -7,269,000Source | 13,881,000Source | 5,149,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -6,456,000Source | -5,937,000Source | 40,363,000Source | 10,732,000Source |
| Income Tax Expense (Benefit)USD | 13,620,000Source | 12,492,000Source | 10,633,000Source | 4,402,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -5,000Source | -1,362,000Source | -427,000Source | 2,333,000Source |
| Net Income (Loss) Attributable to ParentUSD | -20,071,000Source | -17,067,000Source | 30,157,000Source | 3,997,000Source |
| Earnings Per Share, BasicUSD per share | -1.59Source | -1.19Source | 2.02Source | -0.21Source |
| Earnings Per Share, DilutedUSD per share | -1.59Source | -1.19Source | 2.01Source | -0.21Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 12,646,000Source | 14,287,000Source | 14,906,000Source | 14,002,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 12,646,000Source | 14,287,000Source | 15,013,000Source | 14,002,000Source |
| Interest Expense (non-operating)USD | 11,418,000Source | 7,973,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 6,500,000Source | 6,100,000Source | 5,800,000Source | 5,900,000Source |
| Costs and ExpensesUSD | 634,734,000Source | 680,790,000Source | 661,318,000Source | 680,034,000Source |
| Current Income Tax Expense (Benefit)USD | 18,029,000Source | 20,151,000Source | 3,827,000Source | 225,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | -400,000Source | -900,000Source | -500,000Source | -100,000Source |
| Gross ProfitUSD | 151,088,000Source | 149,455,000Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -48,728,000Source | -39,088,000Source | 5,524,000Source | 3,040,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -1.59Source | -1.19Source | 2.02Source | -0.21Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -1.59Source | -1.19Source | 2.01Source | -0.21Source |
| Interest ExpenseUSD | — | — | 13,177,000Source | 11,474,000Source |
| Investment Income, InterestUSD | 164,000Source | 187,000Source | 172,000Source | 39,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | -17,067,000Source | 30,157,000Source | -2,963,000Source |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, BasicUSD | -20,071,000Source | -17,067,000Source | 30,157,000Source | 2,226,000Source |
| Nonoperating Income (Expense)USD | -10,571,000Source | — | — | — |
| Operating Lease, ExpenseUSD | 4,500,000Source | 4,200,000Source | 4,200,000Source | 5,000,000Source |
| Other Cost and Expense, OperatingUSD | — | 898,000Source | — | — |
| Other Operating Income (Expense), NetUSD | 987,000Source | -6,735,000Source | -479,000Source | -74,000Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | — | 0Source | 0Source | 1,771,000Source |
| Undistributed Earnings (Loss) Allocated to Participating Securities, BasicUSD | — | 0Source | 0Source | 0Source |
Filing attachments
d153591dex41.htm · 8-K · 2026-07-08
EX-4.1 2 d153591dex41.htm EX-4.1 EX-4.1 Exhibit 4.1 CIVEO CORPORATION and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION as Trustee INDENTURE Dated as of July 7, 2026 4.50% Convertible Senior Notes due 2031 TABLE OF CONTENTS Page Article 1. Definitions; Rules of Construction …
Read attachment ↗