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Civeo Corporation (CVEO)

NYSE - NYSE Delayed Price. Currency in USD
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26.42+1.32 (+5.26%)
At close: 04:00PM EDT
25.10 -1.32 (-5.00%)
After hours: 05:50PM EDT
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  • A
    Anonymous
    Net earnings per share will be close to $1 for the 1st quarter.
    It is showing in the stock price today going to 27 per share and that is cheap.
  • A
    Anonymous
    "Conversant has followed Civeo for several years, and we have been impressed with its prudent capital allocation policies, which have resulted in significant debt repayment," said Michael Simanovsky, Founder and Managing Partner of Conversant. "We are excited to invest in Civeo; we believe the Company is poised to capitalize on strong demand for its services across the natural resources sector and well positioned to generate significant free cash flow in the coming years."
  • G
    Greg
    To whom did Lance sell those shares? I guess we won't get updates on his change of ownership anymore since he is now less than 10% ownership?
    Bullish
  • A
    Anonymous
    The earnings per share for Dec. quarter was $.55.
    The company is doing extremely well.
    The price earning ratio is around 10 times, That is extremely cheap
  • d
    derke
    Trading without this tool is like going in blind. I adore this tool, it is a game changer. Loving it so far. Absolutely hands down the best trading software you should invest in well worth every penny! I am sure you will love it! https://daytrading.tools/Trade-of-the-Week
  • Y
    Yahoo Finance Insights
    Civeo reached a 52 Week high at 29.72
  • Y
    Yahoo Finance Insights
    Civeo reached a 52 Week high at 28.21
  • G
    Grateful
    $CPE conversation
    Oil demand at new record as inventory rapidly declines
    Thu, July 8, 2021, 3:17 PM
    Pavel Molchanov, Raymond James Energy Analyst, joins Yahoo Finance to discuss the OPEC+ meeting, demand in oil, and oil production.

    This is an excellent Video Transcript

    - I want to ask about US crude, if you think that we could see an uptick there in that production.

    PAVEL MOLCHANOV: Well as far as supply in the US and, indeed, just about anywhere outside of OPEC, that's not likely at all in the next six months. Capital budgets across the board this year by oil companies are the lowest they've been in decades. Maybe that will change in '22. We will find out at the end of the year.But as it stands, we're not looking for US supply or Brazilian supply or North Sea supply to pick up for quite a while. The entire industry is so fixated on discipline-- capital discipline, supply discipline. So OPEC countries have the ability to ramp production back up at their discretion, but in the US the rig count is at a level where there's just not going to be production growth in the foreseeable future.

    - And just last one for you here. I think this is the question that so many folks are really wondering because a lot of consumers have been paying a lot of attention to what's been happening to oil lately because they've been feeling the pain at the pump, so to speak. So let's just ask, how much longer you think that that could continue?

    PAVEL MOLCHANOV: Well, I'll take a step back and say that US consumers actually have it really good when it comes to fuel prices, globally speaking. Yes, of course, prices are higher than they were a year ago or two years ago. But compared to what their counterparts pay across Europe, in Japan and Australia, it's much cheaper. Even in California, the most expensive gasoline, it's cheaper.So if demand gradually recovers to pre-COVID levels by, let's say, next summer and OPEC continues to ramp production back up, we think that the price of crude, the main determinant of gasoline, obviously, will be flattish to slightly up from current levels. And it's worth pointing out, the commodity market is actually signaling that prices will go down from current levels. We disagree. We think prices are more likely to be higher, not dramatically, but maybe a little higher by the end of the year than they are today.
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    $CDEV $XEC $SM $MTDR $SU $OXY $MRO $LPI $KOS $VET $CVX $XOM $SUN $WLL $OAS $EOG $COG $APA $RIG $CVEO
  • J
    John
    The earnings report was great. CVEO beat expectations on both EPS and Revenue. They continue to use free cash flow to pay down debt and improve their balance sheet. How is it that this stock is still trading under a buck?
  • f
    full risc
    Civeo Corporation Just Reported, And Analysts Assigned A US$3.25 Price Target
    bought today at 1.16
  • M
    Michael
    Once Again, on a bad day CVEO is the only green in a sea of red as it steadily marches back to 4 dollars a share.
  • W
    WalterE
    Hooray! Broke $2 today!
  • W
    WalterE
    Civeo Corp (NYSE: CVEO) was trading higher by around 3 percent after the provider of workforce accommodations, logistics and facility management services said it won four contracts along the Coastal GasLink pipeline project in British Colombia, Canada.
  • G
    Grateful
    $CPE conversation
    "Market Thirsty For Oil"

    Thomas Hum: Yahoo Finance
    Thu, July 15, 2021, 11:58 AM·

    As for longer term expectations for energy as the world economy recovers from the pandemic, Tsakos Energy Navigation (TNP) COO George V. Saroglou said that he remains hopeful for the oil market, citing OPEC’s diligent management of the collapse in demand, continued restoration of oil barrel production levels, and a market “thirsty for oil.”

    “Oil demand is recovering from the monumental losses of last year. And after a strong demand growth year in 2021, experts now see a return to the pre-COVID demand levels by next year,” Saroglou said.

    The International Energy Agency (IEA) forecasted in June that global crude oil demand will return to its pre-pandemic high during the final quarter of 2022. Subsequently, carbon emissions have seen a significant rebound, in spite of many wealthy countries accelerating their push towards greater wind and solar utilization.

    Thomas Hum is a writer at Yahoo Finance. Follow him on Twitter: @thomashumTV
    DIAMOND HANDS! HODL!
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    $CDEV $XEC $SM $MTDR $SU $OXY $MRO $LPI $KOS $VET $CVX $XOM $SUN $WLL $OAS $EOG $COG $APA $RIG $CVEO
  • C
    Chunks
    Is this the only stock in the world trading at 2x free cash flow?
  • A
    Anonymous
    Are they taking this company privte?
    They could do better on the share price and the trade volume.
    The company performance is alot better.
    Sale are going up for the last 4yrs. this year forcast sales over $550M.
    reduced the debt by 1/3 to $200M.
    O/S shares 14M.
    Well diversified Market.
  • C
    Chunks
    This company should be flying with the bounce back in oil. WCS at 5 year highs. This was a $50 stock in 2018 when WCS was lower than it is now and the company had about 2x the debt
  • G
    Greg
    Thought this was thin already, after the reverse split only 14m shares outstanding! Will be an $8-$10 stock after split. This was expected, just wondered if we might see the $1 before they had to pull the trigger on it. I like this company a lot. It is not that long ago that it was a $4 stock which would be nearly $50 after split. Would seem like the risk goes up as my experience with reverse splits is the stock then just continues going down after that. I guess if I am a believer at 80 cents, I should maintain my belief. Still bullish. 100,000 shares.
  • M
    Michael
    4.09 Today is the highest CVEO stock price has been since about this same time in 2015.
  • T
    Tyeway or the Highway
    Insiders have ONLY BOUGHT SHARES in the last 6 months, and they bought at $0.80 and above. In fact they have bought shares as high as $0.91, and the company just cut debt by $100,000,000...

    That is a lot of cheese. It does not take a rocket scientist to tell you, CVEO is going to move UP....
    Bullish
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