Stonegate Capital Partners Updates Coverage on Civeo Corporation (CVEO) 2024 Q4
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Stonegate Capital Partners has updated its coverage on Civeo Corporation (CVEO), highlighting its strong free cash flow generation despite challenges in its Canadian segment.
February 28, 2025 | 2:45 pm
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Stonegate Capital Partners has updated its coverage on Civeo Corporation, emphasizing its robust free cash flow generation of $68.4M for FY24, despite facing challenges in its Canadian segment.
The update from Stonegate Capital Partners is positive as it highlights Civeo's strong free cash flow, which is a key financial metric. This could lead to a positive short-term impact on CVEO's stock price as investors may view the company as financially robust despite regional challenges.
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