Civeo Corp

Civeo Corporation (NYSE: CVEO) is a provider of hospitality services with prominent market positions in Australian natural resource regions and the Canadian oil sands. The company offers comprehensive solutions for lodging remote workforces at scale, including food services, housekeeping, facility management, laundry, water and wastewater treatment, power generation, communications systems, security, and logistics services. Civeo owns and operates 26 lodges and villages in Australia and North America with approximately 26,300 rooms, and operates 22 customer-owned locations with approximately 18,300 rooms. The business operates through two primary service models: an asset-intensive accommodations and infrastructure business centered on company-owned villages and lodges, and an asset-light catering and facility management (integrated services) business serving both company-owned and customer-owned sites. Australia accounts for approximately 72% of trailing twelve-month revenue, with the segment primarily serving metallurgical coal and iron ore mining operations in Queensland and Western Australia. The Canadian segment, representing approximately 28% of revenue, serves the oil sands industry in Alberta and is expanding into LNG, infrastructure, and correctional facility services. Civeo is actively pursuing growth in North American infrastructure opportunities including LNG projects, energy infrastructure, and data center development, and has formed CiveoSix, a partnership targeting Eastern Canadian infrastructure opportunities. Updated Jul 30, 2026