Welcome to our dedicated page for Matrix Svc Co news (Ticker: MTRX), a resource for investors and traders seeking the latest updates and insights on Matrix Svc Co stock.
Matrix Service Company (MTRX) provides essential engineering and construction solutions for critical energy, power, and industrial infrastructure projects. This news hub offers investors and industry professionals centralized access to official corporate developments, financial updates, and operational milestones.
Track timely updates including quarterly earnings reports, major contract awards, and strategic partnership announcements. Stay informed about the company's progress in key operational segments like utility infrastructure development and specialized storage solutions across North America and international markets.
All content is sourced directly from verified corporate communications and regulatory filings. For comprehensive monitoring of MTRX's industrial contracting activities and market position, bookmark this page for regular updates.
Matrix Service Company (Nasdaq: MTRX) is set to announce its third-quarter fiscal 2023 results on May 8, 2023, after market close. An earnings conference call will follow on May 9 at 10:30 AM Eastern time, where CEO John R. Hewitt and CFO Kevin S. Cavanah will discuss the financial results and future outlook.
Matrix offers engineering and construction services across various sectors and is recognized for strong ESG practices. Headquartered in Tulsa, Oklahoma, the company operates in North America and beyond, reporting financials across three segments: Utility and Power Infrastructure, Process and Industrial Facilities, and Storage and Terminal Solutions.
Matrix Service Company (Nasdaq: MTRX) announced the award of a greenfield project to build a second 600,000-barrel cryogenic ethane storage tank for a subsidiary of Enterprise Products Partners L.P. This project is significant for supporting the growing demand for ethane, a crucial petrochemical feedstock. The project has been added to Matrix's backlog in Q2 of Fiscal 2023. The engineering will be handled by Matrix PDM Engineering, leveraging over 65 years of experience in cryogenic infrastructure. This initiative aligns with Matrix's strategic focus on downstream project opportunities, including ethane and ethylene storage.
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