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TSE:MTLMullen Group Stock Price, Forecast & News

C$5.96
-0.07 (-1.16 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
C$5.86
Now: C$5.96
C$6.03
50-Day Range
C$4.20
MA: C$5.23
C$6.03
52-Week Range
C$3.85
Now: C$5.96
C$10.62
Volume898,200 shs
Average Volume487,020 shs
Market CapitalizationC$618.79 million
P/E Ratio9.61
Dividend Yield14.49%
BetaN/A
Mullen Group Ltd. provides transportation and oilfield services in Canada and the United States. It operates in two segments, Trucking/Logistics and Oilfield Services. The Trucking/Logistics segment transports general freight; cables, and pipe and steel products; and dry bulk commodities comprising cement and frac sand, as well as over-dimensional loads, such as heavy equipment, compressors and over-sized goods. This segment also offers various services, including logistics, warehousing and distribution, transload, and intermodal services; and production, excavation, and transportation of various aggregate products. The Oilfield Services segment provides well-servicing, specialized transportation, dewatering, and drilling services to the oil and natural gas industry. Its services include transporting of oversize and overweight shipments; transportation, handling, storage, and computerized inventory management of oilfield fluids, tubulars, and drilling mud; stockpiling and stringing of large diameter pipes; and a range of services related to the processing and production of heavy oil, including well servicing and handling, transportation of fluids, and processing and disposal of oilfield waste, as well as frac support, dredging, water management, dewatering, pond reclamation, hydrovac excavation, drilling rig relocation, core drilling, casing setting, and conductor pipe setting services. Mullen Group Ltd. was founded in 1949 and is based in Okotoks, Canada.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 1.8Dividend Strength: 1.7Insider Behavior: 3.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.34 out of 5 stars


Industry, Sector and Symbol

Industry Oil & Gas Equipment & Services
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone+1-403-9955200

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$1.28 billion
Cash FlowC$0.88 per share
Book ValueC$8.69 per share

Profitability

Miscellaneous

Employees6,435
Market CapC$618.79 million
Next Earnings Date7/22/2020 (Estimated)
OptionableOptionable

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Mullen Group (TSE:MTL) Frequently Asked Questions

How has Mullen Group's stock been impacted by COVID-19 (Coronavirus)?

Mullen Group's stock was trading at C$6.32 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MTL shares have decreased by 5.7% and is now trading at C$5.96. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Mullen Group?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mullen Group in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Mullen Group.

When is Mullen Group's next earnings date?

Mullen Group is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Mullen Group.

How were Mullen Group's earnings last quarter?

Mullen Group Ltd (TSE:MTL) released its quarterly earnings results on Wednesday, April, 22nd. The company reported $0.09 EPS for the quarter, meeting the consensus estimate of $0.09. The company had revenue of $318.20 million for the quarter, compared to analysts' expectations of $332.80 million. View Mullen Group's earnings history.

How often does Mullen Group pay dividends? What is the dividend yield for Mullen Group?

Mullen Group announced a monthly dividend on Thursday, February 20th. Shareholders of record on Saturday, February 29th will be paid a dividend of 0.05 per share on Monday, March 16th. This represents a $0.60 annualized dividend and a yield of 10.07%. The ex-dividend date of this dividend is Thursday, February 27th. View Mullen Group's dividend history.

What price target have analysts set for MTL?

6 brokers have issued 12-month price targets for Mullen Group's shares. Their forecasts range from C$5.00 to C$14.50. On average, they expect Mullen Group's share price to reach C$8.83 in the next twelve months. This suggests a possible upside of 48.2% from the stock's current price. View analysts' price targets for Mullen Group.

Has Mullen Group been receiving favorable news coverage?

Media headlines about MTL stock have been trending very negative recently, according to InfoTrie. The research group scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Mullen Group earned a coverage optimism score of -3.5 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news aboutMullen Group.

Who are some of Mullen Group's key competitors?

What other stocks do shareholders of Mullen Group own?

Who are Mullen Group's key executives?

Mullen Group's management team includes the following people:
  • Mr. Murray K. Mullen, Chairman, CEO & Pres (Age 63)
  • Mr. P. Stephen Clark CMA, Chief Financial Officer
  • Mr. Richard J. Maloney, Sr. VP
  • Mr. Carson Urlacher, Corp. Controller
  • Ms. Joanna Kathryn Scott, Corp. Sec. & VP of Corp. Services

What is Mullen Group's stock symbol?

Mullen Group trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MTL."

How do I buy shares of Mullen Group?

Shares of MTL and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is Mullen Group's stock price today?

One share of MTL stock can currently be purchased for approximately C$5.96.

How big of a company is Mullen Group?

Mullen Group has a market capitalization of C$618.79 million and generates C$1.28 billion in revenue each year. Mullen Group employs 6,435 workers across the globe.

What is Mullen Group's official website?

The official website for Mullen Group is www.mullen-group.com.

How can I contact Mullen Group?

Mullen Group's mailing address is 121A-31 Southridge Dr, OKOTOKS, AB T1S 2N3, Canada. The company can be reached via phone at +1-403-9955200.

This page was last updated on 5/30/2020 by MarketBeat.com Staff

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