Civeo Corporation

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
TypePublic
NYSE: CVEO
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

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. Civeo Corporation Successfully Completes Spin Off From Oil States International, Inc., MarketWatch, June 2, 2014
  3. 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".
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