The shortage of workers is limiting how much producers in the United States and Canada can increase oil output this year as governments try to find ways to offset the effect of lost Russian barrels following Moscow's invasion of Ukraine
Thousands of workers in the United States and Canada have left oil and gas jobs, put off by arduous conditions, remote locations, and insufficient compensation, or lured to the renewables sector as the world transitions to cleaner energy.
StockNews.com initiated coverage on shares of Civeo (NYSE:CVEO – Get Rating) in a report issued on Thursday. The brokerage set a “strong-buy” rating on the business services provider’s stock. Separately, Zacks Investment Research raised Civeo from a “sell” rating to a “hold” rating in a research note on Wednesday, December 29th. CVEO stock traded up […]
Civeo Co. (NYSE:CVEO – Get Rating) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 41,600 shares, a growth of 26.4% from the February 28th total of 32,900 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily […]