Civeo Corporation

Last updated
Civeo Corporation
Company type Public
NYSE:  CVEO
Industry Oil and gas
Headquarters Houston, Texas, United States
Key people
Bradley J. Dodson (Chief Executive Officer & President)
RevenueIncrease2.svg$530 Million(2020) [1]
Number of employees
4,000
Website Civeo.com

The Civeo Corporation is an American accommodation services multinational corporation. It is a spin-off of Oil States International. It is a public company listed on the New York Stock Exchange.

Contents

History

The company is a spin-off from Oil States International, an oil and gas American corporation and public company also listed on the New York Stock Exchange (NYSE). [2] [3] [4]

Its IPO at US$23.23 was on June 2, 2014, when it joined the New York Stock Exchange. [2] [3] It trades as "CVEO". [2] Prior to the transaction, on May 30, 2014, Oil States International shareholders received two shares of Civeo common stock for each Oil States International common stock they held. [2] [3]

Overview

The company is headquartered in Houston, Texas. [3] Its chief executive officer and president is Bradley J. Dodson. [2] [5]

The company provides accommodation services to employees of oil and gas companies in the United States, Canada, and Australia. [2] It owns and operates seventeen lodges and villages in Canada and Australia, with about 21,000 rooms. [2]

References

  1. "Civeo Revenue 2012-2020 | CVEO". www.macrotrends.net.
  2. 1 2 3 4 5 6 7 Civeo Corporation Successfully Completes Spin Off From Oil States International, Inc., MarketWatch , June 2, 2014
  3. 1 2 3 4 Olivia Pulsinelli, NOV and Oil States complete spinoffs, trading begins, Houston Business Journal , June 2, 2014
  4. Oil States International, Inc. Completes Spin-Off of Civeo Corporation, NASDAQ, June 2, 2014
  5. "Leadership Team". Civeo.