Matrix Service Company provides engineering, fabrication, infrastructure, construction, and maintenance services primarily to the oil, gas, power, petrochemical, industrial, agricultural, mining, and minerals markets in the United States, Canada, South Korea, Australia, and internationally. The company's Electrical Infrastructure segment offers power delivery services, including construction of new substations, upgrades of existing substations, short-run transmission line installations, distribution upgrades, and maintenance; and emergency and storm restoration services. It also provides construction and maintenance services to combined cycle plants and other natural gas fired power stations. The company's Oil Gas & Chemical segment offers plant maintenance, turnarounds, engineering, and capital construction services; and hydro-blasting and excavating, advanced chemical cleaning, and vacuum services, as well as performs work in the petrochemical, sulfur extraction, and recovery and processing markets. Its Storage Solutions segment undertakes work related to aboveground storage tanks and terminals; and liquefied natural gas, liquid nitrogen/liquid oxygen, liquid petroleum, and other specialty vessels, which comprise spheres, as well as marine structures, and truck and rail loading/offloading facilities. Its services include engineering, fabrication and construction, and maintenance and repair, including planned and emergency services, as well as geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems, and floating roof seals. The company's Industrial segment offers engineering, fabrication and construction, and maintenance and repair, which include planned and emergency services; designs instrumentation and control systems; and offer specialized expertise in the design and construction of bulk material handling systems. The company was founded in 1984 and is headquartered in Tulsa, Oklahoma.
IPO Year: 1990
Exchange: NASDAQ
Website: matrixservicecompany.com
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LSB Industries, Inc. ("LSB" or "the Company"), (NYSE:LXU) today announced that it has appointed John Chandler as an independent member of the Board of Directors (the "Board") effective November 7, 2024. Mr. Chandler was also appointed to the audit committee of the Board. Mr. Chandler has more than 30 years of experience in the energy industry, predominantly in financial leadership and business development roles. Most recently, he served as Chief Financial Officer ("CFO") of The Williams Companies (NYSE:WMB) from 2017 to 2022. Prior to that he was CFO of Magellan Midstream Partners from 2002 to 2014. Between 1992 and 2002 he held various finance, planning and business development positions
TULSA, Okla., July 01, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (NASDAQ:MTRX) ("Matrix Service Company," "Matrix", or "the Company"), a leading engineering and construction contractor to the energy and industrial markets, today announced its addition to the Russell 3000® Index, effective after the close of the U.S. equity markets on June 28, 2024. Membership in the U.S. all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capital
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TULSA, Okla., May 07, 2025 (GLOBE NEWSWIRE) -- Matrix Service Company (NASDAQ:MTRX), a leading provider of engineering and construction services to the energy and industrial markets, today announced results for the third quarter of fiscal 2025 ended March 31, 2025. THIRD QUARTER FISCAL 2025 RESULTS(all comparisons versus the prior year quarter unless otherwise noted) Total backlog of $1.4 billion, an increase of 7.7% from the second quarter of fiscal 2025Total project awards in the quarter of $301.2 million, resulting in a book-to-bill ratio of 1.5x, bringing year-to-date book-to-bill to 1.0xRevenue of $200.2 million, an increase of 21%Net loss per share of $(0.12) versus $(0.53)Break-ev
TULSA, Okla., April 29, 2025 (GLOBE NEWSWIRE) -- Matrix Service Company (NASDAQ:MTRX), a leading provider of engineering and construction services to the energy and industrial markets, announced today that it will release third quarter Fiscal 2025 results after market on Wednesday, May 7, 2025. On Thursday, May 8, 2025, at 10:30 a.m. Eastern time/9:30 a.m. Central time, Matrix Service Company will host a conference call to present and discuss the Company's financial results and forward outlook. Earnings Conference Call instructions Investors and other interested parties can access a live audio-visual webcast using this webcast link, or through the Company's website at www.matrixservicec
TULSA, Okla., March 11, 2025 (GLOBE NEWSWIRE) -- Matrix Service Company (NASDAQ:MTRX) announced today that President and Chief Executive Officer John R. Hewitt, Vice President and Chief Financial Officer Kevin Cavanah, and Senior Director of Investor Relations Kellie Smythe, will present and host one-on-one meetings with investors at the Sidoti March Virtual Investor Conference taking place on March 19-20, 2025. The company will present at 10:45 a.m. ET on March 20th. To register for the presentation or one-on-one meetings, please visit www.sidoti.com/events or contact Matrix Service Company at [email protected]. About Matrix Service Company Matrix Service Company (NASDAQ:MTRX
TULSA, Okla., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Matrix Service Company (NASDAQ:MTRX), a leading North American industrial engineering, construction, and maintenance contractor, today announced results for the second quarter of fiscal 2025 ended December 31, 2024. SECOND QUARTER FISCAL 2025 RESULTS(all comparisons versus the prior year quarter unless otherwise noted) Total backlog of $1.3 billionTotal project awards in the quarter of $90.5 million, resulting in a book-to-bill ratio of 0.5xRevenue of $187.2 million, an increase of 7%Net loss per share of $(0.20) versus $(0.10); adjusted net loss per share of $(0.20)(1) versus $(0.18)Adjusted EBITDA of $(2.2) million(1) versus $0.1 millionC
TULSA, Okla., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Matrix Service Company (NASDAQ:MTRX), a leading provider of engineering and construction services to the energy and industrial markets, announced today that it will release second quarter Fiscal 2025 results after market on Wednesday, February 5, 2025. On Thursday, February 6, 2025, at 10:30 a.m. Eastern time/9:30 a.m. Central time, Matrix Service Company will host a conference call to present and discuss the Company's financial results and forward outlook. Earnings Conference Call instructions Investors and other interested parties can access a live audio-visual webcast using this webcast link, or through the Company's website at www.matr
TULSA, Okla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (NASDAQ:MTRX), a leading contractor to the energy and industrial markets across North America, today announced that it has been awarded engineering, fabrication, and construction work for the inner steel tank scope of work on a 100,000 m3 full containment storage tank with Cashman Preload Cryogenics for Delaware River Partners located in Gibbstown, New Jersey. The tank's unique dual-service design provides maximum operational flexibility, allowing for storage of Liquid Ammonia or Liquid Propane Gas (LPG). "We are proud to be a part of building out this critical infrastructure, which supports the significant increa
LSB Industries, Inc. ("LSB" or "the Company"), (NYSE:LXU) today announced that it has appointed John Chandler as an independent member of the Board of Directors (the "Board") effective November 7, 2024. Mr. Chandler was also appointed to the audit committee of the Board. Mr. Chandler has more than 30 years of experience in the energy industry, predominantly in financial leadership and business development roles. Most recently, he served as Chief Financial Officer ("CFO") of The Williams Companies (NYSE:WMB) from 2017 to 2022. Prior to that he was CFO of Magellan Midstream Partners from 2002 to 2014. Between 1992 and 2002 he held various finance, planning and business development positions
TULSA, Okla., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (NASDAQ:MTRX), a leading North American industrial engineering, construction, and maintenance contractor, today announced results for the first quarter of fiscal 2025 ended September 30, 2024. FIRST QUARTER FISCAL 2025 RESULTS(all comparisons versus the prior year quarter unless otherwise noted) Maintaining full year Fiscal 2025 Revenue Guidance of $900 to $950 millionTotal backlog of $1.4 billionTotal project awards in the quarter of $148.0 million, resulting in a book-to-bill ratio of 0.9xRevenue of $165.6 millionNet loss per share of $(0.33) versus $(0.12); adjusted net loss per share of $(0.33)(1) versus $(0.21)Ad
TULSA, Okla., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (NASDAQ:MTRX), a leading provider of engineering and construction services to the energy and industrial markets, announced today that it will release first quarter Fiscal 2025 results after market on Wednesday, November 6, 2024. On Thursday, November 7, 2024, at 10:30 a.m. Eastern time/9:30 a.m. Central time, Matrix Service Company will host a conference call to present and discuss the Company's financial results and forward outlook. Earnings Conference Call instructions Investors and other interested parties can access a live audio-visual webcast using this webcast link, or through the Company's we
TULSA, Okla., Sept. 24, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (NASDAQ:MTRX), a leading contractor to the energy and industrial markets across North America, today released its Fiscal 2024 Sustainability Report. "In addition to our focus on strengthening our operational excellence and financial performance, in fiscal 2024, our teams continued to advance sustainability at Matrix, which is embedded in our core values," said Matrix Service Company President and CEO John R. Hewitt. "Notably, we completed our first Materiality Assessment to help inform and prioritize our sustainability work and help us meet stakeholder expectations. We are committed to quality and efficiency in everyt
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TULSA, Okla., May 07, 2025 (GLOBE NEWSWIRE) -- Matrix Service Company (NASDAQ:MTRX), a leading provider of engineering and construction services to the energy and industrial markets, today announced results for the third quarter of fiscal 2025 ended March 31, 2025. THIRD QUARTER FISCAL 2025 RESULTS(all comparisons versus the prior year quarter unless otherwise noted) Total backlog of $1.4 billion, an increase of 7.7% from the second quarter of fiscal 2025Total project awards in the quarter of $301.2 million, resulting in a book-to-bill ratio of 1.5x, bringing year-to-date book-to-bill to 1.0xRevenue of $200.2 million, an increase of 21%Net loss per share of $(0.12) versus $(0.53)Break-ev
TULSA, Okla., April 29, 2025 (GLOBE NEWSWIRE) -- Matrix Service Company (NASDAQ:MTRX), a leading provider of engineering and construction services to the energy and industrial markets, announced today that it will release third quarter Fiscal 2025 results after market on Wednesday, May 7, 2025. On Thursday, May 8, 2025, at 10:30 a.m. Eastern time/9:30 a.m. Central time, Matrix Service Company will host a conference call to present and discuss the Company's financial results and forward outlook. Earnings Conference Call instructions Investors and other interested parties can access a live audio-visual webcast using this webcast link, or through the Company's website at www.matrixservicec
TULSA, Okla., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Matrix Service Company (NASDAQ:MTRX), a leading North American industrial engineering, construction, and maintenance contractor, today announced results for the second quarter of fiscal 2025 ended December 31, 2024. SECOND QUARTER FISCAL 2025 RESULTS(all comparisons versus the prior year quarter unless otherwise noted) Total backlog of $1.3 billionTotal project awards in the quarter of $90.5 million, resulting in a book-to-bill ratio of 0.5xRevenue of $187.2 million, an increase of 7%Net loss per share of $(0.20) versus $(0.10); adjusted net loss per share of $(0.20)(1) versus $(0.18)Adjusted EBITDA of $(2.2) million(1) versus $0.1 millionC
TULSA, Okla., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Matrix Service Company (NASDAQ:MTRX), a leading provider of engineering and construction services to the energy and industrial markets, announced today that it will release second quarter Fiscal 2025 results after market on Wednesday, February 5, 2025. On Thursday, February 6, 2025, at 10:30 a.m. Eastern time/9:30 a.m. Central time, Matrix Service Company will host a conference call to present and discuss the Company's financial results and forward outlook. Earnings Conference Call instructions Investors and other interested parties can access a live audio-visual webcast using this webcast link, or through the Company's website at www.matr
TULSA, Okla., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (NASDAQ:MTRX), a leading North American industrial engineering, construction, and maintenance contractor, today announced results for the first quarter of fiscal 2025 ended September 30, 2024. FIRST QUARTER FISCAL 2025 RESULTS(all comparisons versus the prior year quarter unless otherwise noted) Maintaining full year Fiscal 2025 Revenue Guidance of $900 to $950 millionTotal backlog of $1.4 billionTotal project awards in the quarter of $148.0 million, resulting in a book-to-bill ratio of 0.9xRevenue of $165.6 millionNet loss per share of $(0.33) versus $(0.12); adjusted net loss per share of $(0.33)(1) versus $(0.21)Ad
TULSA, Okla., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (NASDAQ:MTRX), a leading provider of engineering and construction services to the energy and industrial markets, announced today that it will release first quarter Fiscal 2025 results after market on Wednesday, November 6, 2024. On Thursday, November 7, 2024, at 10:30 a.m. Eastern time/9:30 a.m. Central time, Matrix Service Company will host a conference call to present and discuss the Company's financial results and forward outlook. Earnings Conference Call instructions Investors and other interested parties can access a live audio-visual webcast using this webcast link, or through the Company's we
TULSA, Okla., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (NASDAQ:MTRX), a leading North American industrial engineering, construction, and maintenance contractor, today announced results for the fourth quarter and year ended June 30, 2024. FOURTH QUARTER FISCAL 2024 RESULTS(all comparisons versus the prior year quarter unless otherwise noted) Total backlog of $1.4 billion, +31% on a year-over-year basisTotal project awards in the quarter of $175.9 million, resulting in a book-to-bill ratio of 0.9xRevenue of $189.5 millionNet loss per share of $(0.16) versus $(0.01); adjusted net loss per share of $(0.14)(1) versus $(0.11)Adjusted EBITDA of $0.2 million(1) versus $2.2 milli
TULSA, Okla., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (NASDAQ:MTRX), a leading provider of engineering and construction services to the energy and industrial markets, announced today that it will release fourth quarter and Fiscal 2024 results after market on Monday, September 9, 2024. On Tuesday, September 10, 2024, at 10:30 a.m. Eastern time/9:30 a.m. Central time, Matrix Service Company will host a conference call to present and discuss the Company's financial results and forward outlook. Earnings Conference Call instructions Investors and other interested parties can access a live audio-visual webcast using this webcast link, or through the Company's webs
TULSA, Okla., May 08, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (NASDAQ:MTRX), a leading North American industrial engineering, construction, and maintenance contractor, today announced results for the third quarter fiscal 2024 ended March 31, 2024. THIRD QUARTER FISCAL 2024 RESULTS (all comparisons versus the prior year period unless otherwise noted) Total backlog of $1.45 billion, +74% on a year-over-year basis, the highest level in 40-year company historyTotal project awards of $186.8 million, resulting in a book-to-bill ratio of 1.1xRevenue of $166.0 million, a decline of 11% on a year-over-year basisAdjusted EBITDA of ($9.8) million(1) versus ($7.7) million in the prior-year
TULSA, Okla., April 24, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (NASDAQ:MTRX), a leading provider of engineering and construction services to the energy and industrial markets, announced today that it will release third quarter Fiscal 2024 results after market on Wednesday, May 8, 2024. On Thursday, May 9, 2024, at 10:30 a.m. Eastern time/9:30 a.m. Central time, Matrix Service Company will host a conference call to present and discuss the Company's financial results and forward outlook. Earnings Conference Call instructions Investors and other interested parties can access a live audio-visual webcast using this webcast link, or through the Company's website at www.ma