The Online Investor
Oil & Gas Equipment & Services M&A image Oil & Gas Equipment & Services M&A » By The Online Investor Staff, updated Sun., Jul. 3, 4:38 PM Recent mergers and acquisitions in the Oil & Gas Equipment & Services M&A category.

Slide #37. Matrix Service Company North American Construction Business From Kvaerner

Acquirer: Matrix Service Company (NASDAQ:MTRX)
Acquiree: North American Construction Business From Kvaerner
Details: Matrix Service Company (Nasdaq:MTRX) has completed the acquisition of Kvaerner North American Construction, Ltd. and substantially all of the assets of Kvaerner North American Construction, Inc., from subsidiaries of Kvaerner ASA. Going forward, the businesses will be known as Matrix North American Construction Ltd. ("MNAC Ltd.") and Matrix North American Construction, Inc. ("MNAC, Inc."). "The completion of this transaction marks a major milestone in the strategic development of Matrix Service Company and we are excited about the opportunities our new team members will create in our overall business," noted John R. Hewitt, President and Chief Executive Officer.

Matrix Service provides engineering, fabrication, infrastructure, construction, and maintenance services to the oil, natural gas, power, petrochemical, industrial, agricultural, mining and minerals markets. Co.'s segments are: Utility and Power Infrastructure, which provides power delivery services to investor owned utilities and provides construction and maintenance services to power generation facilities; Process and Industrial Facilities, which serves customers who are engaged in refining crude oil and processing, fractionating, and marketing of natural gas and natural gas liquids; Storage and Terminal Solutions, which consists of work related to aboveground storage tanks and terminals.

Open the MTRX Page at The Online Investor »

Company Name: 
Matrix Service Co.
Stock buyback: 
MTRX buyback
Website: 
www.matrixservicecompany.com
Sector: 
Construction
Number of ETFs Holding MTRX: 
9
Total Market Value Held by ETFs: 
$7.13M
Total Market Capitalization: 
$139.00M
% of Market Cap. Held by ETFs: 
5.13%
 

Open the MTRX Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree MTRX Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Strong Buy (4.00 out of 4)
80th percentile
(ranked higher than approx. 80% of all stocks covered)

Analysts' Target Price:
MTRX Stock Forecast

Based on Zacks ABR data;
powered by Xignite

Oil & Gas Equipment & Services M&A - Slide 37 of 100 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2022, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.