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Mullen Group Ltd. (T:MTL)

Business Focus: Oil Related Services

Sector:  Energy Industry:  Oil Related Services and Equipment
See Regulatory Filings on SEDAR
Company Contact
Address: 121A-31 Southridge Dr
Tel: N/A
IR: See website
Key People
Murray K. Mullen
Chairman of the Board, President, Chief Executive Officer
P. Stephen Clark
Chief Financial Officer
Richard James Maloney
Senior Vice President
Joanna K. Scott
Corporate Secretary and Vice President - Corporate Services
Carson Paul Urlacher
Corporate Controller
Business Overview
Mullen Group Ltd is a Canada-based company that supplies trucking and logistics services in Canada. The Company provides a range of specialized transportation and related services to the oil and natural gas industry in western Canada. It 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.
Financial Overview
For the six months ended 30 June 2021, Mullen GroupLtd revenues increased 5% to C$603M. Net income increased25% to C$34.7M. Revenues reflect Logistics & Warehousingsegment increase of 18% to C$211.9M, Less-thanTruckloadsegment increase of 15% to C$247.4M. Net income benefitedfrom Foreign Exchange Gain/LossNon-Business decrease fromC$14.7M (expense) to C$7.7M (income).
Employees: 5,638 as of Dec 31, 2020
Reporting Currency: Canadian Dollars
Enterprise value: $1,873M as of Jun 30, 2021
Annual revenue (TTM): $1,192M as of Jun 30, 2021
EBITDA (TTM): $198.50M as of Jun 30, 2021
Net annual income (TTM): $70.99M as of Jun 30, 2021
Free cash flow (TTM): $94.63M as of Jun 30, 2021
Net Debt Last Fiscal Year: $711.47M as of Jun 30, 2021
Shares outstanding: 96,207,095 as of Jul 15, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization