Mattr Corp T.MATR

Alternate Symbol(s): MTTRF

Energy Oil & Gas Equipment & Services

Mattr Corp., formerly Shawcor Ltd., is a global material technology company serving critical infrastructure markets, including electrification, transportation, communication, water management and energy. The Company operates through a network of fixed and mobile manufacturing and service facilities. The Company operates through two business segments: Composite Technologies and Connection Technologies. Composite Technologies segment consist of two operating units: the Xerxes business, which manufactures fiberglass reinforced plastic underground storage tanks primarily for the retail fuel, storm water and wastewater markets; and the FlexPipe business, which manufactures flexible fiberglass reinforced composite pipe used for oil and gas gathering and water disposal lines and carbon dioxide injection lines. Connection Technologies segment supplies specialty wire and cable and integrated heat shrink solutions.

TSX:MATR - Post by User

Mattr Corp > all of a sudden TD loves the stock

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Comment by longrun86on Aug 18, 2022 9:25pm

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Post# 34906363

RE:RE:RE:all of a sudden TD loves the stock

This is really great to see.

There is a bit more information yet to come from Management on what the economics look like; however, this is a step in the right direction and hopefully the return to profitability for the pipe division.

Flipping through the press releases, Shawcor hasn't seen a contract on this scale since 2016 ($300 million at the time) when they had another project for TC in Mexico.

Hang on to your hats!

LR

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