Civeo Corporation reports revenue growth and wins state awards in Australia
1 report, 1 independent
Updated Thu 00:00
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What happened
Civeo Corporation reported consolidated revenues of $193.1 million, which represents a 13% increase year-over-year. Canadian revenues increased 38%, driven by higher occupancy at the company’s oil sands lodges. The company also won state awards in Western Australia, Queensland, and South Australia for its industrial catering services.
From thewhig.com
Why it matters
The revenue growth, particularly in Canada, reflects stronger-than-expected turnaround activity in the oil sands sector. Civeo Corporation also raised its full year 2026 revenue and Adjusted EBITDA guidance.
From thewhig.com
Who's involved
- South AustraliaState where Civeo Corporation won a state award.
- Western AustraliaState where Civeo Corporation won a state award.
- QueenslandState where Civeo Corporation won a state award.
Keep exploring
The entities involved
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South Australia
state of Australia
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Western Australia
state of Australia
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Queensland
state of Australia