Steve Ferazani

David Storms

Stephen Gengaro

Dave Storms

Jawad Bhuyan

John Daniel

Josh Jane

Sean Mitchell

- Civeo Corporation reported **Q2 2025 revenues of $162.7 million** and **Adjusted EBITDA of $25.0 million**.    The company provided **FY2025 guidance** with expected **revenues between $640 million and $670 million** and **Adjusted EBITDA between $86 million and $96 million**.   
- The company updated its capital allocation framework in Q2 2025, **suspending its quarterly dividend on April 30, 2025**.  **[1590584_0001590584-25-000126_draftcveonewirpresentati.htm:11]**  Civeo authorized repurchases of **up to 20% of its total shares in 2025**, intending to use **100% of annual free cash flow** for this purpose, with **30% of the authorization completed as of June 30, 2025**.  **[1590584_0001590584-25-000126_draftcveonewirpresentati.htm:11]**  
- In May 2025, Civeo completed the **acquisition of four villages (1,368 rooms) in the Bowen Basin for A$105 million (US$67 million)**, strengthening its Australian owned-village portfolio.    
- As of June 30, 2025, Civeo maintained a **net leverage ratio of 2.0x** and reported approximately **$72.8 million in liquidity**.

Civeo (CVEO)