Mullen Group Ltd. (MLLGF)
Mullen Group Ltd. operates in the Trucking industry of the Industrials sector, headquartered in Okotoks, AB, CA. The stock last traded at $19.15, up 2.13% on the session, giving a market capitalisation of $1.84B. On trailing twelve-month figures it carries a trailing P/E of 23.79, a net margin of 4.7%. Its beta of 0.93 implies it has historically moved less than the broad market.
Mullen Group Ltd., founded in 1949 and based in Okotoks, Canada, provides a comprehensive array of trucking and logistics solutions throughout Canada and the United States. The company operates through four distinct segments: The Less-Than-Truckload (LTL) division handles general cargo, including smaller consignments, packages, and parcels, along with specialized pharmaceutical and packaged products. The Logistics & Warehousing segment coordinates diverse transportation methods such as full truckload, specialized hauling, intermodal, and transload services, utilizing an expansive network of terminals and transload facilities. This division also offers essential warehousing and distribution functions. The Specialized & Industrial Services segment delivers extensive support for industrial operations. This includes production services like well servicing, the transportation of production and disposal fluids, frac support, hydrovac excavation, industrial cleaning, and turnaround management. It further provides niche services such as dredging, dewatering, large diameter pipe stockpiling and stringing, water management, environmental solutions, civil construction, municipal development, emergency response, hydrostatic testing for the pipeline and midstream sectors, and the movement of oversized and overweight freight, alongside original equipment manufacturer (OEM) parts and services. Additionally, this segment addresses drilling and associated needs, covering the transport, handling, and storage of oilfield fluids, tubulars, and drilling mud; facilitates drilling rig relocation; offers general oilfield hauling; manages well disposal facilities; and performs core drilling, as well as the setting of surface and conductor pipes. Lastly, the U.S. & International Logistics segment extends its logistics capabilities via professional representatives and station agents. A key feature of this division is SilverExpress, the company's proprietary integrated platform for transportation management.
Mullen Group Ltd. is most often compared with the following Industrials names: