Jawad Bhuyan's questions to Civeo Corp (CVEO) leadership • Q2 2025
Question
Jawad Bhuyan, on behalf of Stifel, questioned the Canadian occupancy trends for the third quarter, asking for signs of stabilization or improvement following weakness in billed rooms and turnaround activity.
Answer
CEO Bradley Dodson stated that Q3 has so far been a continuation of Q2's performance. He indicated that achieving the guidance outlook depends on expected turnaround activity materializing in the coming months. Dodson concluded by noting that there are general signs of stabilization in the Canadian market.