What Civeo Corporation does

Civeo Corporation is a global workforce accommodation and hospitality services provider headquartered in Houston, Texas, with operational footprints concentrated in Australia (11 lodge/village properties), Canada (15 lodge properties), and a USA-based relocatable modular fleet. The company was established in 2014 as a spin-off from Oil States Industries (operations trace back to 1977 via the Noralta heritage) and serves primarily natural resource industries — mining, oil and gas, and LNG — alongside growing exposure to data center construction, government, film production, and large-scale events. Its core offering is integrated workforce lodging consisting of owned lodge and village properties with full hospitality amenities (dining, fitness, recreation), supplemented by relocatable modular facilities for rapid deployment to remote project sites.

The company's service stack is vertically integrated: accommodations, catering and food services, hospitality and facility operations, water and wastewater treatment, commercial laundry, and logistics/travel management. Technologically, the platform includes the @Civeo Guest App for reservation and property information management, the RMS Cloud booking system for Australian villages, and back-office integrations with Oracle HCM (Civvy HCM), JD Edwards, and ServiceNow. The underlying infrastructure is operationally capital-intensive: owned real estate forms the backbone of recurring revenue, complemented by a modular facility fleet for shorter-term and flexible deployments (e.g., Shell's Salsa offshore platform, Jagged Peak's Permian basin camp, Coastal GasLink pipeline camps).

Civeo earns revenue primarily through recurring monthly billed room contracts with resource companies and government agencies, supplemented by managed services (food production, facility operations for Ontario correctional facilities), modular leasing, and occasional used equipment sales. The go-to-market is enterprise field sales driven by RFPs, tenders, and relationship-based selling, with CEO Bradley Dodson highlighting an active bid pipeline exceeding $1.5 billion for LNG, power, and data center infrastructure projects in North America. The company has reported Q1 2026 revenue of $172.7 million (up 20% YoY), FY2025 revenue of $638.8 million, and is guiding FY2026 revenue to $675-700 million with adjusted EBITDA of $85-90 million. Strategic emphasis is on Indigenous community partnerships, diversification into data center and government verticals, Canadian cost reductions, and disciplined capital return via share repurchases.

Name

Civeo Corporation

Legal name

Civeo Corporation

Website

https://civeo.com

Company type

Public

Founded year

2014

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Civeo Corporation is a global workforce accommodation and hospitality services provider operating 26 owned lodge and village properties in Australia and Canada, plus a USA modular fleet, serving mining, oil & gas, LNG, data center, and government clients with integrated lodging, catering, and facility management.

Ownership category

akta.pro rank

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Workforce Lodging Services: Room rental and hospitality services at owned/operated lodge and village properties. Revenue generated through occupancy-based contracts with resource companies and project developers. Australian billed rooms ~676,000, Canadian billed rooms ~434,000
2. Modular Facility Leasing: Rental of relocatable modular accommodations and office space for remote projects. Flexible deployment options for wellsites, pipeline construction, and temporary surge needs
3. Integrated Facility Services: Managed services contracts including food production and transport, catering, janitorial, laundry, and facility operations. Includes C$24 million four-year Ontario correctional facilities contract
4. Used Modular Facility Sales: Sale of previously leased modular facilities and equipment

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Civeo Corporation provides integrated workforce lodging and hospitality services for people working in remote locations. Its core offering is the operation of open lodge and village properties in Australia, Canada, and the United States that combine accommodations with catering, housekeeping, recreation amenities, and on-site facility management. The company complements these owned/operated villages with a fleet of relocatable modular accommodations and office space that can be rapidly deployed to project sites, plus ancillary services such as food production, laundry, and integrated facilities management.

Product overview

Civeo Corporation is a global workforce housing and hospitality services company operating a platform of integrated workforce accommodation and hospitality solutions. The core platform consists of open lodge and village properties offering workforce lodging with full hospitality services including catering, facility operations, and amenities. The company offers modular facility leasing as a complementary product for sites requiring rapid deployment of temporary accommodations. Add-on modules include Integrated Facilities Management (IFM), Water & Wastewater Management, Commercial Laundry Services, and Room & Travel Management. The company also provides the @Civeo Guest App as a mobile companion product for guests. Civeo serves clients across multiple markets including Mining, Oil & Gas, Data Center Construction, Municipalities, Sports & Events, Film Production, Education, and Military sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Red Table: Food services brand operating in education and municipal facilities across Canada
• @Civeo Guest App

Products and services

• Workforce Lodging / Lodges & Villages Open lodge and village properties providing hospitality-style accommodations for workers in remote mining, oil & gas, LNG, and construction projects across Australia, Canada, and the United States. Properties include dining facilities, fitness centers, recreation areas, and housekeeping.
• Catering & Food Services Full-service catering and food service operations providing fresh, customizable meals tailored to dietary requirements for remote workforces and institutional clients, including a C$24 million four-year Ontario correctional facilities contract awarded in February 2026.
• Modular Facility Leasing Rental of relocatable modular accommodations and office space for remote project locations including wellsites, pipeline construction, offshore platforms (e.g., custom six-building offshore complex for Shell's Salsa drilling platform), and temporary surge housing needs.
• Hospitality & Facility Operations Comprehensive facility management services including housekeeping, maintenance, front desk operations, and coordinated hospitality and skilled trades support for remote industrial and project operations.
• Integrated Facilities Management (IFM) Bundled facility management service combining food and catering, janitorial and cleaning, and other support services under a single management structure for institutional and corporate clients.
• Used Modular Facility & Equipment Sales One-time sale of pre-owned modular facilities and equipment retired from Civeo's rental fleet, available to project developers and operators.
• Australia Owned Village Properties Owned and operated village properties across Australia (e.g., Coppabella Village with 3,000+ rooms) offering resort-style accommodations with cook-to-order dining, swimming pools, gyms, and multipurpose courts for resource industry workforces.

Quantifiable outcome

• Q1 2026 revenue $172.7M, up 20% YoY; adjusted EBITDA $22.5M, up 78% YoY
• +3 more outcomes

Named customers9 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Ontario Ministry of the Solicitor GeneralcoreStrategic or Co-development Partner · 4 February 2026Four-year contract (with option to extend two more years) to produce and transport approximately 20,000 meals daily to ten provincial correctional facilities starting April 2026. Projected to generate approximately C$24 million in first year revenue. Involves centralized cook-chill food production.
• Christina River Enterprises (Fort McMurray First Nation)coreStrategic or Co-development PartnerJoint venture partnership to operate ConocoPhillips Surmont Lodge in Alberta's oil sands. Christina River Enterprises is wholly owned by Fort McMurray First Nation. Received ConocoPhillips 2020 Supplier Recognition Award.
• Haisla First NationcoreStrategic or Co-development PartnerPartnership for Sitka Lodge operations in Kitimat, BC supporting LNG Canada export facility. Over 19% of Sitka Lodge staff are Haisla members. Civeo has invested more than $17 million with Indigenous (Haisla partner/member-owned) and local contractors since 2018.
• Saulteau First Nation and Wet'suwet'en First NationcoreStrategic or Co-development PartnerJoint venture partnerships for Coastal GasLink pipeline project. Civeo provided modular workforce accommodations at four locations along the 670km pipeline construction corridor with peak capacity of over 2,000 rooms.
• Fort McMurray 468 First NationcoreStrategic or Co-development PartnerLongstanding partnership with Fort McMurray 468 First Nation including economic development, employment opportunities, and community investment. Multiple awards received including Partner of the Year (2022/2023), Eagle Award (2024), and Turtle Award (2026).
• Wood Buffalo Wellness SocietyminorStrategic or Co-development PartnerFood donation partnership for Tawâw permanent housing program supporting up to 16 people experiencing houselessness. Civeo's Black Bear Lodge provides daily lunches and dinners, with insulated boxes of hot dinners and snacks delivered to residents.
• Fort McKay Métis NationcoreStrategic or Co-development PartnerPartnership with Fort McKay Métis Nation including President's Award recognition for contributions to community well-being. Ongoing collaboration on economic opportunities and local employment.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Black Diamond Group: Black Diamond Group provides modular workspace, workforce accommodations, and lodging services primarily in Canada and the US - directly comparable to Civeo's lodge/village operations and modular leasing fleet. Both serve resource industry clients with similar asset-heavy business models.
• ATCO Structures & Logistics: ATCO's Structures & Logistics division provides workforce housing, modular buildings, and camp services to remote industrial customers worldwide - a direct competitor in workforce accommodations with comparable service breadth including catering and facility management.
• WillScot Mobile Mini: WillScot is the largest US provider of mobile offices and modular space, directly comparable to Civeo's modular facility leasing business. Both serve construction, industrial, and commercial customers with relocatable space on rental/subscription models.
• Algeco: Algeco is a European-based global provider of modular space and workforce accommodations, with operations spanning industrial camps, offices, and storage - directly comparable to Civeo's modular leasing and lodging services business.
• NRB Modular Solutions: NRB provides modular buildings and workforce accommodations to remote industrial sites in Canada - a more regionally focused peer to Civeo's Canadian modular leasing and lodge operations.

Broad incumbents

• Sodexo: Sodexo is a global food services and integrated facilities management company with significant remote site operations serving mining, oil & gas, and energy clients - overlapping with Civeo's catering and IFM services but at much larger scale across many end markets.
• Aramark: Aramark provides food, facilities, and uniform services across a broad range of industries including remote sites - comparable to Civeo's catering and hospitality services component but operating across many more verticals (sports, education, business dining).
• Compass Group: Compass Group is the world's largest contract foodservice company with operations including remote site services - comparable to Civeo's catering operations but with vastly broader end-market exposure and scale.

Others

• BrandSafway: BrandSafway provides industrial services including scaffolding, insulation, and workforce accommodations for construction and maintenance projects - adjacent to Civeo's workforce housing services with overlap in serving large industrial customers.
• Clean Harbors: Clean Harbors provides environmental and industrial services to oil & gas, mining, and industrial clients - comparable customer base to Civeo but with adjacent rather than overlapping service offerings (waste management vs. workforce housing).

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/civeo
• Xx.com/civeocorp

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Civeo Corporation