TSE:MTL

Mullen Group Ltd (MTL.TO)

21.37
+0.12 (0.56%)
as of Jun 26, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJun 26, 2026, 12:00 am

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

Mullen Group Ltd (MTL-T) has garnered attention from experts due to its strong performance over the past year. One reviewer highlights the company's operational quality and acknowledges it as owner-operated, while expressing a preference for stocks with less cyclical nature and more growth potential, specifically mentioning rail stocks like CJT. Another expert suggests maintaining a core position in Mullen Group while engaging in trading based on economic indicators, indicating the stock's cyclical characteristics, yet acknowledging its sound operational strategies. Overall, while the stock has done well, there is a consideration of trimming positions given the cyclical nature and exploration of alternatives for sustained growth.

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Consensus
Mixed
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Valuation
Fair Value
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Similar
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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