Civeo Corp
CVEO · Hotels, Rooming Houses, Camps & Other Lodging Places · 10.9M shares · +2%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: -$166K (gross $12M, SBC $12M)
Reference price $28.64 · est. market cap ~$313M — last insider sale, 2026-03-06 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D50Cyclical remote-workforce lodging operator with a loss year, negative returns and elevated leverage tied to commodity capex.
Strengths
- Positive free cash flow and adequate liquidity (quick ratio ~1.47)
- Long-term Australian/Canadian contracts with escalation clauses; emerging data-center demand
Risks
- Negative net margin (-3.1%), ROA (-4.2%) and ROE (-11.5%) — a loss year
- High leverage (debt/equity 79th pct) and heavy geographic/commodity concentration (met coal, oil sands, LNG)
- Declining occupancy (Sitka) and exposure to volatile commodity capex cycles
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
23.7%
Operating margin
0.6%
Net margin
-3.1%
Return on equity
-11.5%
Return on assets
-4.2%
ROIC
0.9%
Revenue growth (QoQ)
6.8%
Debt / equity
1.0×
Net debt / EBITDA
2.2×
Current ratio
1.5×
Free cash flow
$2M
EBITDA
$77M
Tangible book value
$96M
Cash & investments
$14M
Stock comp / revenue
1.5%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-27 | NAVARRE RICHARD A | Grant | 3.6K | — |
| 2026-05-27 | NAVARRE RICHARD A | Grant | 1.2K | — |
| 2026-05-27 | Scofield Jeffrey | Grant | 3.6K | — |
| 2026-05-27 | Wall Timothy O | Grant | 3.6K | — |
| 2026-05-27 | MOORE CONSTANCE B | Grant | 3.6K | — |
| 2026-05-27 | BLANKENSHIP C RONALD | Grant | 3.6K | — |
| 2026-05-27 | Silvers Daniel B. | Grant | 3.6K | — |
| 2026-05-27 | Montelongo Michael | Grant | 3.6K | — |
| 2026-05-27 | LAMBERT MARTIN | Grant | 3.6K | — |
| 2026-03-06 | McCann Peter | Sell | 4.0K | $28.64 |
| 2026-03-03 | Brewer Barclay | Disposition | 2.9K | $27.03 |
| 2026-03-03 | McCann Peter | Option exercise | 2.2K | — |
| 2026-03-03 | McCann Peter | Disposition | 2.2K | $27.03 |
| 2026-03-03 | Dodson Bradley J | Option exercise | 12K | — |
| 2026-03-03 | Dodson Bradley J | Disposition | 12K | $27.03 |
| 2026-03-03 | Fraser Andrew | Option exercise | 2.5K | — |
| 2026-03-03 | Fraser Andrew | Disposition | 2.5K | $27.03 |
| 2026-03-03 | Gerry Elbridge Collin | Option exercise | 2.7K | — |
| 2026-03-03 | Gerry Elbridge Collin | Disposition | 2.7K | $27.03 |
| 2026-03-03 | Brewer Barclay | Option exercise | 2.9K | — |
| 2026-03-02 | McCann Peter | Disposition | 2.8K | $27.82 |
| 2026-03-02 | Gerry Elbridge Collin | Option exercise | 5.7K | — |
| 2026-03-02 | Gerry Elbridge Collin | Disposition | 5.7K | $27.82 |
| 2026-03-02 | Brewer Barclay | Option exercise | 3.0K | — |
| 2026-03-02 | Brewer Barclay | Disposition | 3.0K | $27.82 |
| 2026-03-02 | McCann Peter | Option exercise | 2.8K | — |
| 2026-03-02 | Dodson Bradley J | Option exercise | 14K | — |
| 2026-03-02 | Dodson Bradley J | Disposition | 14K | $27.82 |
| 2026-02-23 | Gerry Elbridge Collin | Option exercise | 3.7K | — |
| 2026-02-23 | Gerry Elbridge Collin | Disposition | 3.7K | $27.67 |
| 2026-02-23 | Gerry Elbridge Collin | Grant | 1.7K | — |
| 2026-02-23 | Gerry Elbridge Collin | Tax withheld | 605 | $27.67 |
| 2026-02-23 | Brewer Barclay | Option exercise | 1.6K | — |
| 2026-02-23 | Brewer Barclay | Disposition | 1.6K | $27.67 |
| 2026-02-23 | Brewer Barclay | Grant | 733 | — |
| 2026-02-23 | Brewer Barclay | Tax withheld | 327 | $27.67 |
| 2026-02-23 | McCann Peter | Option exercise | 2.1K | — |
| 2026-02-23 | McCann Peter | Disposition | 2.1K | $27.67 |
| 2026-02-23 | McCann Peter | Grant | 3.0K | — |
| 2026-02-23 | Dodson Bradley J | Option exercise | 13K | — |
| 2026-02-23 | Dodson Bradley J | Disposition | 13K | $27.67 |
| 2026-02-23 | Dodson Bradley J | Grant | 19K | — |
| 2026-02-23 | Dodson Bradley J | Tax withheld | 7.5K | $27.67 |
| 2026-02-18 | Engine Capital Management, LP | Sell | 781 | $29.03 |
| 2026-02-18 | Engine Capital Management, LP | Sell | 7.7K | $29.03 |
| 2026-02-18 | Engine Capital Management, LP | Sell | 658 | $29.03 |
| 2026-02-13 | Engine Capital Management, LP | Sell | 46K | $28.80 |
| 2026-02-13 | Engine Capital Management, LP | Sell | 36K | $28.80 |
| 2026-02-13 | Engine Capital Management, LP | Sell | 335K | $28.80 |
| 2025-11-26 | Scofield Jeffrey | Grant | 5.6K | — |
| 2025-11-26 | Silvers Daniel B. | Grant | 5.6K | — |
| 2025-08-19 | Fraser Andrew | Option exercise | 6.7K | — |
| 2025-08-19 | Fraser Andrew | Disposition | 6.7K | $22.08 |
| 2025-05-14 | LAMBERT MARTIN | Grant | 6.0K | — |
| 2025-05-14 | Wall Timothy O | Grant | 6.0K | — |
| 2025-05-14 | MOORE CONSTANCE B | Grant | 6.0K | — |
| 2025-05-14 | NAVARRE RICHARD A | Grant | 2.0K | — |
| 2025-05-14 | NAVARRE RICHARD A | Grant | 6.0K | — |
| 2025-05-14 | Montelongo Michael | Grant | 6.0K | — |
| 2025-05-14 | Szalkowski Charles | Grant | 6.0K | — |
| 2025-05-14 | BLANKENSHIP C RONALD | Grant | 6.0K | — |
| 2025-05-14 | Grewal Jagdish | Grant | 6.0K | — |
| 2025-03-02 | McCann Peter | Option exercise | 2.8K | — |
| 2025-03-02 | McCann Peter | Disposition | 2.8K | $21.50 |
| 2025-03-02 | Brewer Barclay | Option exercise | 2.9K | — |
| 2025-03-02 | Brewer Barclay | Disposition | 2.9K | $21.50 |
| 2025-03-02 | Dodson Bradley J | Option exercise | 14K | — |
| 2025-03-02 | Dodson Bradley J | Disposition | 14K | $21.50 |
| 2025-03-02 | Gerry Elbridge Collin | Option exercise | 5.7K | — |
| 2025-03-02 | Gerry Elbridge Collin | Disposition | 5.7K | $21.50 |
| 2025-02-25 | Gerry Elbridge Collin | Tax withheld | 1.1K | $26.96 |
| 2025-02-25 | Brewer Barclay | Tax withheld | 541 | $26.96 |
| 2025-02-25 | Dodson Bradley J | Tax withheld | 15K | $26.96 |
| 2025-02-25 | Gerry Elbridge Collin | Option exercise | 5.0K | — |
| 2025-02-25 | Gerry Elbridge Collin | Disposition | 5.0K | $26.96 |
| 2025-02-25 | Gerry Elbridge Collin | Grant | 3.2K | — |
| 2025-02-25 | Gerry Elbridge Collin | Tax withheld | 1.3K | $26.96 |
| 2025-02-25 | Brewer Barclay | Option exercise | 2.1K | — |
| 2025-02-25 | Brewer Barclay | Disposition | 2.1K | $26.96 |
| 2025-02-25 | Brewer Barclay | Grant | 1.4K | — |
| 2025-02-25 | Brewer Barclay | Tax withheld | 614 | $26.96 |
| 2025-02-25 | Dodson Bradley J | Option exercise | 19K | — |
| 2025-02-25 | Dodson Bradley J | Disposition | 19K | $26.96 |
| 2025-02-25 | Dodson Bradley J | Grant | 37K | — |
| 2025-02-25 | Dodson Bradley J | Tax withheld | 15K | $26.96 |
| 2025-02-25 | McCann Peter | Option exercise | 3.4K | — |
| 2025-02-25 | McCann Peter | Disposition | 3.4K | $26.96 |
| 2025-02-25 | McCann Peter | Grant | 6.6K | — |
| 2025-02-23 | McCann Peter | Option exercise | 2.1K | — |
| 2025-02-23 | Gerry Elbridge Collin | Disposition | 3.7K | $27.31 |
| 2025-02-23 | Brewer Barclay | Option exercise | 1.6K | — |
| 2025-02-23 | Gerry Elbridge Collin | Option exercise | 3.7K | — |
| 2025-02-23 | Brewer Barclay | Disposition | 1.6K | $27.31 |
| 2025-02-23 | Dodson Bradley J | Option exercise | 13K | — |
| 2025-02-23 | Dodson Bradley J | Disposition | 13K | $27.31 |
| 2025-02-23 | McCann Peter | Disposition | 2.1K | $27.31 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-27 | Shareholder vote | filing ↗ |
| 2026-05-01 | ResultsExhibits | filing ↗ |
| 2026-04-28 | Material agreementDebt obligationExhibits | filing ↗ |
| 2026-03-25 | Exec/director change | filing ↗ |
| 2026-03-03 | ResultsExhibits | filing ↗ |
| 2025-11-28 | Material agreementExec/director changeReg FDExhibits | filing ↗ |
| 2025-10-31 | ResultsExhibits | filing ↗ |
| 2025-09-30 | Reg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-27 | 2026-05-27 | 0001590584-26-000055 ↗ |
| 8-K | 2026-05-01 | 2026-05-01 | 0001590584-26-000049 ↗ |
| 10-Q | 2026-05-01 | 2026-03-31 | 0001590584-26-000052 ↗ |
| 8-K | 2026-04-28 | 2026-04-23 | 0001590584-26-000042 ↗ |
| 8-K | 2026-03-25 | 2026-03-25 | 0001590584-26-000025 ↗ |
| 8-K | 2026-03-03 | 2026-03-03 | 0001590584-26-000017 ↗ |
| 10-K | 2026-03-03 | 2025-12-31 | 0001590584-26-000021 ↗ |
| 8-K | 2025-11-28 | 2025-11-25 | 0001590584-25-000138 ↗ |
| 8-K | 2025-10-31 | 2025-10-31 | 0001590584-25-000130 ↗ |
| 10-Q | 2025-10-31 | 2025-09-30 | 0001590584-25-000133 ↗ |
| 8-K | 2025-09-30 | 2025-09-30 | 0001590584-25-000126 ↗ |
| 10-Q | 2025-07-29 | 2025-06-30 | 0001590584-25-000120 ↗ |