29.36
+2.16%
Close of 9 Nov 2026, in CAD
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About Mullen Group
Its shares trade on Toronto Stock Exchange under the ticker MTL.TO. It has been listed since 14 December 1993. In the fiscal year to 31 December 2025, it reported revenue of C$2.13bn and net income of C$91.1m. At that date it held total assets of C$2.57bn and shareholders' equity of C$1.14bn.
Mullen Group Ltd. provides trucking and logistics services. The company is headquartered in Okotoks, Alberta. The firm provides a range of specialized transportation and related services to the oil and natural gas industry in western Canada. The company operates through three segments: Less-Than-Truckload, Logistics & Warehousing and Specialized & Industrial Services. Less-Than-Truckload Segment provides final or last mile delivery of general freight consisting of smaller shipments, packages and parcels. The Logistics & Warehousing segment provides shippers throughout North America with a range of trucking and logistics service offerings, including full truckload, warehousing, fulfillment centers that handle e-commerce transactions and transload facilities. The Specialized & Industrial Services segment is comprised of a range of businesses providing specialized equipment and services to the oil and natural gas, environmental, construction, pipeline, utility, telecom and civil industries.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Road & Rail
- Listed since
- 14 Dec 1993
- Employees
- 6,124
- Website
- mullen-group.com ↗
Leadership
Pay as last reported
- Mr. Murray MullenChairman of the Board, President, Senior Executive Officer, since 1991C$900,000
- Mr. Carson UrlacherSenior Financial Officer, since 2024C$721,500
- Mr. Richard MaloneySenior Operating OfficerC$759,500
- Mr. Lee HellyerVice President - OperationsC$324,875
- Ms. Joanna ScottSenior Corporate Officer, since 2022C$972,750
- Ms. Sonia TibbattsLead Independent DirectorC$90,000
- Mr. Benoit DurandIndependent DirectorC$80,000
- Ms. Laura HartwellIndependent DirectorC$40,000
- Mr. Stephen LockwoodIndependent Director, since 2004C$80,000
- Ms. Christine McginleyIndependent DirectorC$80,000
- Mr. Jamil MurjiIndependent DirectorC$80,000
- Mr. Richard WhitleyIndependent DirectorC$95,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 52
- Environment
- 9
- Social
- 68
- Governance
- 81
- Direct emissions (scope 1)
- 326,239 t
- Energy emissions (scope 2)
- 10,563 t
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Mullen Group Ltd has a strong reputation in the transportation and logistics industry, recognized for its reliable and efficient services.
- The company has a diverse and comprehensive range of services, including trucking, logistics, warehousing, and specialized transportation, allowing them to cater to a wide range of customer needs.
- Mullen Group has established long-term relationships with key clients and has a large customer base, providing a stable source of revenue.
- They have a well-maintained fleet of trucks, trailers, and equipment, ensuring high operational efficiency and customer satisfaction.
Weaknesses
- Dependence on the overall economic conditions and fluctuations in fuel prices may impact Mullen Group's profitability.
- The company's extensive operations across Canada may expose them to regulatory challenges and compliance issues in different provinces and territories.
- Mullen Group has limited geographic diversification, with a heavy focus on the Western Canadian market, which could limit growth opportunities in other regions.
- The company heavily relies on its workforce, and any labor shortages or difficulties in recruitment may affect their operations.
Opportunities
- Expansion into related services and sectors, such as e-commerce logistics and supply chain management, can help Mullen Group diversify its revenue streams.
- Strategic partnerships and acquisitions can enable the company to expand their presence in new markets and gain a competitive edge.
- Investment in technological advancements, such as implementing fleet management systems and data analytics, can enhance operational efficiency and cost-effectiveness.
- Growing demand for environmentally friendly and sustainable transportation solutions presents an opportunity for Mullen Group to develop and offer eco-friendly logistics services.
Threats
- Competition from both established and new entrants in the transportation and logistics industry poses a threat to Mullen Group's market share and profitability.
- Economic downturns and recessions can lead to a decline in demand for transportation and logistics services, affecting the company's financial performance.
- Changes in government regulations and policies, such as stricter emission standards or trade barriers, can impact Mullen Group's operations and profitability.
- Technological disruptions and advancements, such as autonomous vehicles or alternative modes of transport, may require Mullen Group to adapt its business model and invest in new technologies.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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