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.

Civeo Corporation
Company typePublic
NYSECVEO
IndustryOil and gas
HeadquartersHouston, Texas, United States
Key people
Bradley J. Dodson (Chief Executive Officer & President)
RevenueIncrease$530 Million(2020)[1]
Number of employees
4,000
WebsiteCiveo.com

History

edit

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

edit

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

edit
  1. ^ "Civeo Revenue 2012-2020 | CVEO". www.macrotrends.net.
  2. ^ a b c d e f g Civeo Corporation Successfully Completes Spin Off From Oil States International, Inc., MarketWatch, June 2, 2014
  3. ^ a b c d 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".