Stonegate Capital Partners Updates Coverage on Civeo Corporation (CVEO) 2025 Q1

Stonegate Capital Partners Updates Coverage on Civeo Corporation (CVEO) 2025 Q1May 01, 2025 9:25 AM EDT | Source: Reportable, Inc. Dallas, Texas--(Newsfile Corp. - May 1, 2025) - Civeo Corporation (NYSE: CVEO): Stonegate Capital Partners updates their coverage on Civeo Corporation. Civeo reported negative free cash flow of ($13.5M) in 1Q25, down from $7.2M in the prior-year period, primarily due to negative operating cash flow of ($8.4M) and $5.3M in capital expenditures. Despite near-term hea ...