Civeo Corporation (CVEO) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

and welcome to the Silvia Corporation first quarter 2025 earnings call. At this time, all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star and then zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Regan Nielsen. Please go ahead. Thank you, and welcome to CIVIO's first quarter 2025 earnings conference call. Today, our call will be led by Bradley Dotson, CIVIO's President and Chief Executive Officer, and Colin Gary, CIVIO's Chief Financial Officer and Treasurer. Before we begin, we would like to caution listeners regarding forward-looking statements. To the extent that our remarks today contain anything other than historical information, please note that we're relying on the safe heart protections afforded by federal law. Any such remarks should be read in the context of the many factors that affect our business, including risks and uncertainties disclosed in our Forms 10-K, 10-Q, and other SEC filings. I'll now turn the call over to Brad. Thank you, Reagan. Thank you all for joining us today on our first quarter 2025 earnings call. I'll start by highlighting some of the key takeaways before walking through a brief summary of our first quarter 2025 financial results. Then Colin will provide a financial and segment-level review, and I'll conclude with our updated 2025 guidance and underlying regional assumptions. We will then open the call for questions. The key takeaways today are, and I'll start with the changes we've made to our capital allocation strategy to accelerate the return of capital to investors and enhance long-term shareholder value...