Michael Montelongo - Civeo Corp Director

CVEO Stock  USD 24.69  0.82  3.21%   

Insider

Michael Montelongo is Director of Civeo Corp since 2021.
Age 64
Tenure 3 years
Address Three Allen Center, Houston, TX, United States, 77002
Phone713 510 2400
Webhttps://civeo.com

Civeo Corp Management Efficiency

The company has return on total asset (ROA) of 0.0175 % which means that it generated a profit of $0.0175 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.068 %, meaning that it created $0.068 on every $100 dollars invested by stockholders. Civeo Corp's management efficiency ratios could be used to measure how well Civeo Corp manages its routine affairs as well as how well it operates its assets and liabilities. As of the 5th of November 2024, Return On Tangible Assets is likely to grow to 0.07. Also, Return On Capital Employed is likely to grow to 0.06. At this time, Civeo Corp's Net Tangible Assets are very stable compared to the past year. As of the 5th of November 2024, Return On Tangible Assets is likely to grow to 0.07, while Total Current Assets are likely to drop about 149.4 M.
Civeo Corp currently holds 79.19 M in liabilities with Debt to Equity (D/E) ratio of 0.48, which is about average as compared to similar companies. Civeo Corp has a current ratio of 1.39, which is within standard range for the sector. Note, when we think about Civeo Corp's use of debt, we should always consider it together with its cash and equity.

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Civeo Corporation provides hospitality services to the natural resource industry in Canada, Australia, and the United States. The company serves oil, mining, engineering, and oilfield and mining service companies. Civeo Corp operates under Specialty Business Services classification in the United States and is traded on New York Stock Exchange. It employs 2400 people. Civeo Corp (CVEO) is traded on New York Stock Exchange in USA. It is located in Three Allen Center, Houston, TX, United States, 77002 and employs 2,600 people. Civeo Corp is listed under Commercial Services & Supplies category by Fama And French industry classification.

Management Performance

Civeo Corp Leadership Team

Elected by the shareholders, the Civeo Corp's board of directors comprises two types of representatives: Civeo Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Civeo. The board's role is to monitor Civeo Corp's management team and ensure that shareholders' interests are well served. Civeo Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Civeo Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Peter McCann, Senior Vice President - Australia
Timothy Wall, Independent Director
C Blankenship, Independent Director
Martin Lambert, Independent Director
Carolyn Stone, Chief Financial Officer, Senior Vice President, Treasurer
Barclay Brewer, Controller, VP
Constance Moore, Independent Director
Richard Navarre, Independent Chairman of the Board
Collin Gerry, Vice Development
Regan Nielsen, Director Relations
LaTosha Fraley, Corporate Secretary
Charles Szalkowski, Independent Director
Allan Schoening, Senior Vice President - Canada
Jay Grewal, Director
Michael Montelongo, Director
Bradley Dodson, President, Chief Executive Officer, Director

Civeo Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Civeo Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Civeo Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Civeo Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Civeo Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against Civeo Stock

  0.42VCIG VCI Global LimitedPairCorr
The ability to find closely correlated positions to Civeo Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Civeo Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Civeo Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Civeo Corp to buy it.
The correlation of Civeo Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Civeo Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Civeo Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Civeo Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Civeo Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Civeo Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Civeo Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Civeo Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Civeo Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Civeo Stock, please use our How to Invest in Civeo Corp guide.
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Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Civeo Corp. If investors know Civeo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Civeo Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.878
Dividend Share
1
Earnings Share
1.36
Revenue Per Share
48.289
Quarterly Revenue Growth
(0.04)
The market value of Civeo Corp is measured differently than its book value, which is the value of Civeo that is recorded on the company's balance sheet. Investors also form their own opinion of Civeo Corp's value that differs from its market value or its book value, called intrinsic value, which is Civeo Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Civeo Corp's market value can be influenced by many factors that don't directly affect Civeo Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Civeo Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Civeo Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Civeo Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.