CVEO
Civeo Corporation
CVEO lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to shrink, though they disagree widely on how much.
CVEO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Healthy | |
| Stable |
CVEO's revenue and cash flow are currently healthy, and its profitability and balance sheet are stable.
CVEO PE Valuation
CVEO has no meaningful PE right now: it lost money over the past year.
CVEO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Stable | |
| Limited | |
| Low |
Analysts expect CVEO's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
CVEO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.65 | +$1.40 |
| Q2 2026 | -$1.19 | +$1.18 |
| Q1 2026 | -$1.21 | +$0.35 |
| Q4 2025 | -$1.59 | -$0.40 |
| Q3 2025 | -$2.05 | -250% |
| Q2 2025 | -$2.37 | -201% |
| Q1 2025 | -$1.56 | -175% |
| Q4 2024 | -$1.19 | -159% |
CVEO is still losing money, but far less than before: $0.65 per share over the past year, against $13.56 at its worst in early 2020.
CVEO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $193.1M | +13% |
| Q2 2026 | $180M | +11% |
| Q1 2026 | $172.7M | +20% |
| Q4 2025 | $161.6M | +7.1% |
| Q3 2025 | $170.5M | -3.3% |
| Q2 2025 | $162.7M | -14% |
| Q1 2025 | $144M | -13% |
| Q4 2024 | $151M | -12% |
CVEO's revenue has grown year over year for four quarters in a row: $193M last quarter, up 13% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6.9% | +2.8 points |
| Q2 2026 | 2.8% | +1.1 points |
| Q1 2026 | 1.8% | +5.6 points |
| Q4 2025 | -0.1% | +6.6 points |
| Q3 2025 | 4.1% | +4.1 points |
| Q2 2025 | 1.7% | -5.2 points |
| Q1 2025 | -3.8% | -2.8 points |
| Q4 2024 | -6.7% | -17 points |
CVEO's operating margin was 6.9% last quarter, up 2.8 points from the same quarter a year ago.
CVEO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $21M | +156% |
| Q2 2026 | $7.9M | +$14.7M |
| Q1 2026 | -$13.9M | -$161K |
| Q4 2025 | $14.5M | +720% |
| Q3 2025 | $8.2M | -71% |
| Q2 2025 | -$6.8M | -125% |
| Q1 2025 | -$13.7M | -3787% |
| Q4 2024 | $1.8M | -94% |
CVEO's free cash flow has turned positive again: $30M over the past year, against −$11M the year before.
CVEO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -5% | -551K shares |
| 1 year | -16% | -2M shares |
| 3 years | -30% | -4.5M shares |
| 5 years | -28% | -4M shares |
| Available history | -25% | -3.5M shares |
CVEO has 10M diluted shares, down 16% from a year ago, with $42M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $22.3M |
| Q2 2026 | — |
| Q1 2026 | $14.4M |
| Q4 2025 | $4.9M |
| Q3 2025 | $26.2M |
| Q2 2025 | $19.1M |
| Q1 2025 | $3.3M |
| Q4 2024 | $5.6M |
CVEO spent $42M buying back its own shares over the past year, down 23% from the year before.
CVEO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.1x | Moderate |
| Q2 2026 | 2.2x | Moderate |
| Q1 2026 | 2.3x | Moderate |
| Q4 2025 | 2.2x | Moderate |
| Q3 2025 | 2.7x | Moderate |
| Q2 2025 | 2.8x | Moderate |
| Q1 2025 | 0.9x | Very low |
| Q4 2024 | 0.6x | Very low |
CVEO's net debt is about 2.1 years of its operating earnings (EBITDA), down from 2.7 years a year ago.
CVEO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 58.6 | Neutral |
| Stochastic | 77.0 | Neutral |
CVEO's weekly RSI is 59 (neutral) and its Stochastic is 77 (neutral).
CVEO PE vs Industrials Sector
| Metric | CVEO | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
CVEO has no meaningful PE right now: it lost money over the past year.
CVEO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $32.7 | 11% above |
| 20 week MA | $32.9 | 10% above |
| 50 week MA | $30.3 | 20% above |
| 100 week MA | $26.4 | 38% above |
| 200 week MA | $25.0 | 46% above |
CVEO is in an uptrend: it's above all five of its weekly moving averages, and 46% above its 200-week average.
CVEO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.2 | $15.1 | -6.7% |
| 2021 | $15.1 | $18.8 | +24% |
| 2022 | $18.8 | $31.5 | +67% |
| 2023 | $31.5 | $22.9 | -27% |
| 2024 | $22.9 | $22.2 | -2.8% |
| 2025 | $22.2 | $23.3 | +4.9% |
| 2026 YTD | $23.3 | $36.3 | +56% |
CVEO is up 56% so far in 2026, after finishing lower in three of the previous six years.