Mullen Group Ltd (MTL.TO) Buy, Sell or Hold

Mullen Group Ltd (MTL.TO)

21.78

+0.14 (0.65%)

as of Jun 19, 2026, 8:00:00 pm Market Open.

62 watching

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.

Wealthica Track your Stocks in your Watch List

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.

Wealthica Track your Stocks in your Watch List

HOLD

The family still has a fair amount of representation in the management. Has been extremely well run. Like a lot of the service companies in the oil patch, it is having trouble finding and retaining people to work for them. It has not been a great year for drilling.

COMMENT

Their prime business is transportation, oil rigs, oilfield equipment, etc.. 2nd quarter was dreadful for oil/gas servicing industry, but they posted some pretty good numbers in a weak environment.

BUY

Oilfield services plus trucking. Feels the distribution is safe. Has a long history of exceeding its promises.

BUY ON WEAKNESS

Have had a problematic year, especially with drilling for shallow gas in the western basin having fallen off quite dramatically. One of the better operators within the oil patch. Would buy on any weakness.

DON'T BUY

60% of their business is oilfield services and 40% is in trucking. Oilfield services have softened because the government has made it harder for oil/gas complex capital so there is less activity. Oilfield services hasn't touched bottom yet and it is too early to get into it.

PAST TOP PICK

(A Top Pick Feb 8/07. Up 7%.) Feels he still may be a little bit early on this name. Very tied in to the oil/gas drilling cycle in the West.

PAST TOP PICK

Then 18.93 Really beat up because of negative views on oil patch. Excellent management team. The perfect type of market for them, because they are good at making acquisitions.

Showing 46 to 60 of 116 entries

Most Recent Experts

Stockchase Insights

5i Research

Brian Acker, CA

Acker Finley Inc.

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

David Burrows

Barometer Capital Management

Jim Cramer - Mad Money

CNBC

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Mullen Group Ltd (MTL.TO)