Civeo to release 2Q earnings report

Provider of trailers and housing for oil and gas operations throughout Canada, the U.S and Australia, Civeo Corporation plans to release its second quarter 2019 earnings report on Monday, July 29. The company, with operations in El Reno and Kingfisher, Oklahoma has major offices in Houston, Texas and Calgary, Alberta, Canada . It plans to hold a conference call at 10 a.m. Central Time.

The actual release of the earnings report will be before the mark opens earlier in the day. The company operates 33 lodges and villages in operation in Canada, Australia and the U.S> with nearly 33,000 rooms.

Civeo generated revenues of $109 million in the first quarter of 2019, an increase from the $102 million generated in the first quarter of 2018. It also had $16 million in adjusted EBITDA which was up from $10 million last year. The company also reported it generated $6 million in operating cash flow during the quarter and repaid $3 million in debt during the first quarter.