Related posts
Weekly 52-Week Low (or 52-Week High): CHR-T, CM-T, BCE-T, IPO-T and More 52-Week Highs and Lows (Nov 06-12)Tesla and Celestica beat in mixed tradingMarkets fails to reboundThis summary was created by AI, based on 8 opinions in the last 12 months.
Mullen Group Ltd (MTL-T) is a transportation logistics specialist primarily serving the oil and gas industry. The company has proved its resilience under challenging market conditions and has successfully transitioned into a broad variety of services including the oil field. With a P/E ratio under 10 and cash reserves stable, it presents a good opportunity for investors, especially with a healthy dividend and minimal downside. The stock has been consolidating but is expected to rise as oil prices increase in the future.
Traditionally, its fortunes are tied to drilling activity and oil prices, though it has diversified. Can be volatile.
Done good job at transitioning company into broad variety of services (oil field etc.). P/E ratio under 10 which is healthy. Fairly priced business - good time for investors to buy. Doesn't see much downside in business. ~5% is safe and generous.
Has gone sideways as it consolidates. Been challenged in western Canada because oil prices are down, but will rise in 2024. MTL still has great funda mentals.
One of North America's largest logistics providers.
Defensive name that is good for low risk investors.
Large & diversified business.
Better names in the sector - but not a bad investment for the long term.
Record Q1 revenue with ~4% dividend yield.
Well-run and is more into transportation logistics in the last 5 years. Lacks the geographic footprint of TFII, and more regional. You can consider this, but prefers TFII.
Mullen Group Ltd is a Canadian stock, trading under the symbol MTL-T on the Toronto Stock Exchange (MTL-CT). It is usually referred to as TSX:MTL or MTL-T
In the last year, 5 stock analysts published opinions about MTL-T. 3 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Mullen Group Ltd.
Mullen Group Ltd was recommended as a Top Pick by on . Read the latest stock experts ratings for Mullen Group Ltd.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
5 stock analysts on Stockchase covered Mullen Group Ltd In the last year. It is a trending stock that is worth watching.
On 2024-11-13, Mullen Group Ltd (MTL-T) stock closed at a price of $15.61.
Trucking and logistics primarily to the oil and gas industry. Well run. Tough business. When oil does well, this one does very well. Good dividend. You could own it here, but he'd rather own an oil business instead.