Civeo's Corporate Customers have recorded an advance in their cost of revenue by 6.36 % in the 1 quarter 2026 year on year, sequentially costs of revenue grew by 9.57 %. During the corresponding time, Civeo Corp recorded a revenue increase by 19.87 % year on year, sequentially revenue grew by 6.84 %. While revenue at the Civeo Corp's corporate clients recorded rose by 2.4 % year on year, sequentially revenue grew by 4.4 %.
Civeo's Customers have recorded an advance in their cost of revenue by 6.36 % in the 1 quarter 2026 year on year, sequentially costs of revenue grew by 9.57 %, for the same period Civeo Corp recorded revenue increase by 19.87 % year on year, sequentially revenue grew by 6.84 %.
The company provides services supporting day-to-day operations and hospitality accommodations primarily in active metallurgical coal, oil, iron ore, and liquefied natural gas (LNG) producing regions. Its customers include mining companies, major and independent oil companies, construction and engineering firms, and oilfield and mining service companies. The company’s services span the lifecycle of customer projects from exploration and construction to long-term production, utilizing integrated services in customer-owned facilities, scalable lodge or village models, and a fleet of mobile assets. It owns and operates 26 lodges and villages with approximately 26,500 rooms and manages about 19,500 rooms across 24 customer-owned locations.
Civeo’s Comment on Sales, Marketing and Customers
The company provides services supporting day-to-day operations and hospitality accommodations primarily in active metallurgical coal, oil, iron ore, and liquefied natural gas (LNG) producing regions. Its customers include mining companies, major and independent oil companies, construction and engineering firms, and oilfield and mining service companies. The company’s services span the lifecycle of customer projects from exploration and construction to long-term production, utilizing integrated services in customer-owned facilities, scalable lodge or village models, and a fleet of mobile assets. It owns and operates 26 lodges and villages with approximately 26,500 rooms and manages about 19,500 rooms across 24 customer-owned locations.
Sources:
Civeo Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Civeo Corp’s corporate clients.
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