Profile: Matrix Service Co (MTRX.O)
28 Apr 2017
Matrix Service Company, incorporated on October 13, 1989, is engaged in providing engineering, fabrication, infrastructure, construction and maintenance services primarily to the oil, gas, power, petrochemical, industrial, mining and minerals markets. The Company operates through four segments: Electrical Infrastructure, Oil Gas & Chemical, Storage Solutions and Industrial.
The Electrical Infrastructure segment primarily includes construction and maintenance services to a range of power generation facilities, such as combined cycle plants, natural gas fired power stations and renewable energy installations. The Company provides high voltage services to investor owned utilities, including construction of new substations, upgrades of existing substations, short-run transmission line installations, distribution upgrades and maintenance and storm restoration services. The Oil Gas & Chemical segment includes turnaround activities, plant maintenance services and construction in the downstream petroleum industry. It also offers industrial cleaning services, which include hydroblasting, hydroexcavating, chemical cleaning and vacuum services. It also performs work in the petrochemical, natural gas, gas processing and compression, and upstream petroleum markets.
The Storage Solutions segment includes new construction of crude and refined products aboveground storage tanks (ASTs), as well as planned and emergency maintenance services. The Storage Solutions segment also includes balance of plant work in storage terminals and tank farms. Also included in the Storage Solutions segment is work related to specialty storage tanks, including liquefied natural gas (LNG), liquid nitrogen/liquid oxygen (LIN/LOX), liquid petroleum (LPG) tanks and other specialty vessels, including spheres. In addition, it offers AST products, including geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems and floating roof seals. The Industrial segment includes construction and maintenance work in the iron and steel and mining and minerals industries. Its work in the mining and minerals industry is primarily for customers engaged in the extraction of copper. It also performs work in bulk material handling and fertilizer production facilities, thermal vacuum chambers, and other industrial markets.
Matrix Service Co
5100 E Skelly Dr Ste 700
TULSA OK 74135-6577
Company Web Links
- BRIEF-Matrix Service Co sees Q3 loss per share $0.49 to $0.56
- BRIEF-Matrix PDM Engineering awarded significant scope on cryogenic gas recovery plant
- BRIEF-Findex to set up medical consulting JV in Tokyo
- BRIEF-Matrix Service awarded EPFC of 2 mln gallon LNG tank
- BRIEF-Matrix Service Q1 earnings $0.35/shr