TSE:MTL

Mullen Group Ltd (MTL.TO)

28.32
+0.14 (0.50%)
as of Jul 28, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJul 26, 2026, 12:00 am

This summary was created by AI, based on 2 opinions in the last 12 months.

The reviews from experts regarding Mullen Group Ltd (MTL-T) present a mixed picture of the stock's performance and future prospects. One expert praises the company for being owner-operated and notes that it has performed exceptionally well over the past year, although they express a preference for less cyclical stocks, recommending names like the rail companies instead. They suggest considering trimming one's position at this time. Another expert acknowledges the cyclical nature of the stock but supports maintaining a core position while adjusting based on economic indicators. The consensus seems to be that Mullen Group Ltd has solid operational management, and while it's seen as a solid performer, there may be better opportunities to explore for less volatility. Overall, investors are urged to stay cautious and strategic with their positions.

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Consensus
Mixed
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Valuation
Fair Value
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CJT
BUY
Always been a fairly well run company. During boom times they were having trouble hanging on to employees. They are a good company and have already converted from an income trust to a corp., so you don’t have to worry about the effects of that.
BUY
(Market Call Minute.) Oil service company. Small but well managed. Not a bad place to be right now.
HOLD
(Market Call Minute.) Hold. There will be a better buying opportunity.
HOLD
Heavy-duty truckers that get the oilrigs into remote locations. One of the best operators in the oilfield services. While there is a downturn in services, he will ride this one through the down cycle.
DON'T BUY
Expect that distributions will be cut. He likes this but if nervous about drilling activity in Western Canada you should defer.
BUY
Announced a conversion back to a corporation on May 1st. One of the best run trucking firms in North America. Pre-released some stats from Q4 indicating revenue and EBITDA are quite strong. Will be cutting distributions and using some of the funds to make acquisitions.
BUY
(Market Call Minute.) Oil service firm. Weaker here but is situated pretty well in terms of the shale.
BUY
Largely concentrated in transportation out west. Their specialty is moving rigs in and out of the oil fields. Drilling environment is becoming pretty dynamic and this is a prime beneficiary.
BUY
Most of their revenue is from Alberta, trucking equipment around for the oil patch and the oil sands. Also owns some trucking in Ontario that has slowed a bit. 8.75% yield.
PAST TOP PICK
(A Top Pick Feb 8/07. Down 9% including distributions.) Yield is more than 11% but should be safe. Generates good growth in cash flows. Stock is off because the movement of drilling rigs is down. The rest of their business is doing well. Still a Buy.
PAST TOP PICK
(A Top Pick Nov 10/06. Down 10% including distributions.) Still likes. Generally avoids transportation, but this company does it well. Well positioned to take advantage of a huge and continued expenditure in Alberta, building out the oil sands assets and infrastructure. Thinks 12% distribution for 08 will remain intact.
BUY
(Market Call Minute.) Very well run company. Lots of cash on the balance sheet. Debt is long-term.
PAST TOP PICK
(A Top Pick Feb */07. Down 13.3%.) Oil field services have been hit. Great management team. In the long run this will continue to pay benefits and he doesn’t see any risk of distributions being cut.
HOLD
Got hit in October/07 with the government changes and then got hit with a pullback in the oil services side. We are probably at the worst part of the servicing cycle. A well-run company. 11% distribution, which is safe.
PAST TOP PICK
(A Top Pick Dec 15/06. Down 16.7%.) Taking into account the dividend, it is probably down 5%. 11.3% yield. Oilfield services and trucking. Both sectors have been hit very hard. Virtually no debt. Still likes.
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