Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following two offers if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
10-day money back guarantee*
JOIN THE CLUB
Canadian Insider Ad-Free
$49/ year*
All benefits of basic registration
No 3rd party display ads
10-day money back guarantee*
GO AD-FREE

* Price is subject to applicable taxes. Money back guarantee: For bona fide Ad-Free or Canadian Insider Club subscribers, if you downgrade to Basic or cancel with-in 10 days of first subscribing, we will refund your payment upon request. Immediately after downgrading or cancelling, using the same email that is associated with your account, request a refund via our Contact Us form at the bottom of the page. We will only consider one refund request per household or organization. We cannot accommodate refund requests where an account holder has not provided verifiable address and billing information.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

MATRRIX Energy Technologies Inc. (V:MXX)

Business Focus: Oil & Gas Drilling

Get the company report for the most recent outlook updated daily
Log in or join to add this stock to your watch list.

Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEDI filings for MXX within the last 6 months
Loading...
See all filings within the past 6 months

Company News

Apr 09, 2019 08:30 ET
MATRRIX Issues Stock Options
CALGARY, April 9, 2019 /CNW/ - MATRRIX Energy Technologies Inc. ("MATRRIX" or the "Corporation") (TSX-V: MXX) announced that it has issued 3,835,000 stock options to certain executive officers, directors, and employees of the Corporation in accordance with Matrrix's shareholder approved stock option plan. The stock options are exercisable at a price equal to the closing price of Matrrix's common shares on the TSX Venture Exchange on April 8, 2019, expire in five years and vest as to one-quarter upon the date of grant and as to one-quarter on each subsequent anniversary of the date of grant.
Read full article
Apr 03, 2019 21:06 ET
MATRRIX announces 2018 fourth quarter and yearend results
CALGARY, April 3, 2019 /CNW/ - MATRRIX Energy Technologies Inc. ("MATRRIX" or the "Corporation") (TSX-V: MXX) announces today its financial and operational results for the three and twelve month periods ended December 31, 2018. The Corporation also announces it will be discontinuing directional drilling operations starting in Q2 2019 and focusing on driving growth and profitability in its drilling rig division.
Read full article
See more news stories

Valuation Ratios

Industry
Sector
Beta
2.10
--
--
Price to Sales - TTM
1.23
0.77
5.86
Price to Book - most recent quarter
0.62
0.60
1.52
Price to Cash Flow per share - TTM
--
8.16
7.20
Price to Free Cash Flow per share - TTM
--
4.57
16.77
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Apr 15, 20191,3651,139
Mar 31, 2019226-1,785
Mar 15, 20192,011-5,585
See Short Report

Business Summary

Sector:  Energy Industry:  Oil & Gas Drilling

MATRRIX Energy Technologies Inc is a Canada-based company engaged in the acquisition and delivery of horizontal and directional drilling technologies for oil and gas clients in North America. The Company operates through two geographical segments: Canada and the United States. For both segments, the Company is engaged in providing various services and supplying oil and gas down hole drilling technologies to customers. The Company's principal business is to purchase and deploy drilling technology in Canada and the United States, and to seek investment opportunities to acquire existing, complimentary drilling technology and/or services businesses. It has approximately 20 horizontal and directional drilling systems available for field deployment in Canada. It operates in Alberta, British Columbia and Saskatchewan. The Company's subsidiaries include MATRRIX (US) Energy Technologies Inc.

See business summary

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).

Twitter

Search (past week) for $MXX.CA MXX.V

  • No tweets found

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).

Twitter

Search (past week) for $MXX.CA MXX.V

  • No tweets found