Matrix Service (MTRX)

Overall impact
D (37)

Commentary

Matrix Service is a below-average overall performer. With a 'D' rating of 36.9 for overall impact (bottom 25% of all companies), Matrix Service ranks 21st out of 75 industry peers, behind Core Laboratories, Nine Energy Service, Recon Technology and 17 others, and ahead of Basic Energy Services, Natural Gas Services, Ion Geophysical and 51 others. On top material causes for Matrix Service's industry (Oil & Gas), Matrix Service performs poorly in Decent, Safe Work Opportunities (15.6 score), Disaster Readiness and Effective Aid (31.0), Reduced Green House Gas Emissions (38.5) and 9 other causes where it received a 'D' or 'F' score. Matrix Service did not receive an 'A' rating on any cause.
Impact
Cause MTRX
Peer rank
Overall impact

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Impact trend

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Company
Employees
2,370
Sector
Energy
Industry
Energy Equipment & Services
Sub-industry
Oil & Gas Equipment & Services
SASB industry
Engineering & Construction Services
Headquarters
Tx, United States
Share classes
MTRX
Description
Matrix Service Company provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, and internationally. The company's Storage and Terminal Solutions segment undertakes work related to aboveground crude oil and refined product storage tanks and terminals; engineering, procurement, fabrication, and construction services related to cryogenic, specialty tanks, and terminals for LNG, NGLs, hydrogen, ammonia, propane, butane, liquid nitrogen/liquid oxygen, and liquid petroleum; and provides plant work, truck and rail loading/offloading facilities, and marine structures, as well as storage tank and terminal maintenance and repair. This segment offers engineered specialty tank products, including geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems, and floating roof seals. Its Utility and Power Infrastructure segment offers power delivery services, including construction of new substations, upgrades of existing substations, transmission and distribution line installations, and upgrades and maintenance, and emergency and storm restoration services. This segment provides engineering, fabrication, and construction services for LNG utility peak shaving facilities; and construction and maintenance services to power generation facilities, including natural gas fired facilities. The company's Process and Industrial Facilities segment offers plant maintenance and turnarounds for refining and processing of crude oil, fractionating, and marketing of natural gas and natural gas liquids; engineering, procurement, fabrication, and construction for refinery upgrades and retrofits for hydrogen processing, production, loading, and distribution facilities; and constructs thermal vacuum test chambers for aerospace and defense, and other industries. The company was founded in 1984 and is headquartered in Tulsa, Oklahoma.
Material causes
Ethos considers the following causes material for Matrix Service, based on its industry sub-industry Oil & Gas Equipment & Services. Learn more about material causes in our methodology overview.

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