Matrix Service (NASDAQ:MTRX) Co. is an engineering, procurement, fabrication and construction firm serving the energy, industrial and environmental markets. The company’s core business activities include delivering complex turnkey projects, performing maintenance and turnaround services, and fabricating modular process units. Matrix Service operates across sectors such as oil and gas, petrochemicals, power generation, renewable energy and water treatment, leveraging its integrated capabilities to serve both greenfield and brownfield developments.
In its engineering and construction role, Matrix provides front‐end engineering design (FEED), detailed engineering, procurement of key equipment and materials, and site management to ensure projects are delivered safely, on schedule and within budget. Its fabrication facilities supply pressure vessels, heat exchangers, storage tanks, structural steel and piping spools, all manufactured to meet industry‐specific standards. Maintenance and turnaround services include inspections, mechanical integrity upgrades, refractory repairs and specialty welding, helping clients maximize uptime and operational efficiency.
Founded in 1984 and headquartered in Tulsa, Oklahoma, Matrix Service has grown through strategic acquisitions and organic expansion to establish a network of regional offices and fabrication yards across the United States and Canada. This geographic footprint enables the company to provide localized support while mobilizing resources for larger, cross‐border assignments. Over the years, Matrix Service has cultivated a reputation for delivering complex projects in challenging environments, from Arctic installations to desert petrochemical plants.
Under the leadership of CEO David E. Roberts, the company is focused on broadening its services in renewable energy, environmental solutions and sustainable infrastructure. Emphasizing safety, quality and client collaboration, Matrix Service aims to capitalize on evolving industry trends such as decarbonization efforts, water management needs and the growing demand for modular construction. This strategic focus positions the company to support long-term energy transition goals while continuing to serve traditional industrial markets.