TSE:MTL

Mullen Group Ltd (MTL.TO)

22.66
+0.09 (0.40%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
144 watching
0
Investor Insights
star iconJun 6, 2026, 12:00 am

This summary was created by AI, based on 1 opinions in the last 12 months.

Mullen Group Ltd, trading under the symbol MTL-T, is viewed positively by experts who recognize the company's strong operational capabilities in a cyclical market. Those who own shares consider maintaining a core position, suggesting confidence in the company’s long-term prospects. Trading around this core position based on economic indicators indicates a tactical approach to investment in Mullen Group, highlighting the potential for strategic gains during economic fluctuations. Overall, the sentiment reflects a belief in the company's ability to adapt and perform well, even amidst cyclical challenges, showcasing it as a solid player in its sector.

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Consensus
Positive
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Valuation
Fair Value
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Similar
Cargo, CNR
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.
COMMENT
A 2 pronged company with oil field services and trucking outside of western Canada. The oil field is dominating the sentiment right now. Won’t be fixed in the winter of 2008. This company will be one of the survivors. Good track record.
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