Matthew is Blake's business associate who, as a geologist, comes back from the Middle East after the
military take over and confiscation of Blake's oil. 

Matthew had an affair with Krystle and he is envious of Blake. His animosity reflects in his business relationship with Blake and he quits the firm and takes a job with his old friend Walter Lankershim. From that moment on, Matthew will have financial and business problems, caused by Blake's scheming and the sabotage on the rig Blake sponsored. At one point, the old torch between him and Krystle will again starts burning. Krystle will financially help him, risking her own reputation, but after the murder of Ted Dinnard, Krystle breaks it of with Matthew and decides to stand by her husband in these difficult times. 

Additional problem for Krystle is that Matthew is married to Claudia, a very emotional and unstable woman, mother of their daughter Lindsay. After Claudia took the stand in the Ted  Dinnard murder trial and confessed her affair with Steven, Matthew took Lindsay to South America where Lindsay died in a car accident. 

Matthew makes a stunning comeback at Adam and Dana's wedding. He occupies the house to get revenge over Blake and to take Krystle with him. Matthew isn't in the sane state of mind after Lindsay's death. He takes the entire Carrington family to his and Walter's old oil rig, with the purpose to blow them all up. With the intervention of the special forces the family is saved, and Steven kills Matthew.

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