CiveoCVEO
Market Cap: $396M
About: Civeo Corp provides hospitality services to the natural resources industry in Canada, Australia and the United States. The company provides a full suite of services for guests, including lodging, catering and food service, housekeeping and maintenance at accommodation facilities that the company or its customers own. The company provides services that support the day-to-day operations of these facilities, such as laundry, facility management and maintenance, water and wastewater treatments, power generation, communication systems, security and logistics. The company operates in active oil, metallurgical coal, liquefied natural gas and iron ore-producing regions. The company operates in three reportable business segments Canada, Australia and the United States.
Employees: 2,600
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
54% more call options, than puts
Call options by funds: $142K | Put options by funds: $92K
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
4% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 27
1.25% less ownership
Funds ownership: 79.54% [Q1] → 78.28% (-1.25%) [Q2]
9% less funds holding
Funds holding: 80 [Q1] → 73 (-7) [Q2]
9% less capital invested
Capital invested by funds: $313M [Q1] → $285M (-$28.1M) [Q2]
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Stifel Stephen Gengaro 55% 1-year accuracy 22 / 40 met price target | 16%upside $32 | Buy Reiterated | 31 Jul 2024 |
Financial journalist opinion
Based on 4 articles about CVEO published over the past 30 days