Maxim Power (TSX:MXG) Construction In Progress : C$3.93 Mil (As of Mar. 2025)

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What is Maxim Power Construction In Progress?

Maxim Power's quarterly construction in progress increased from Sep. 2024 (C$10.21 Mil) to Dec. 2024 (C$13.61 Mil) but then declined from Dec. 2024 (C$13.61 Mil) to Mar. 2025 (C$3.93 Mil).

Maxim Power's annual construction in progress declined from Dec. 2022 (C$147.34 Mil) to Dec. 2023 (C$8.81 Mil) but then increased from Dec. 2023 (C$8.81 Mil) to Dec. 2024 (C$13.61 Mil).

Maxim Power Construction In Progress Historical Data

The historical data trend for Maxim Power's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Maxim Power Construction In Progress Chart

Maxim Power Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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22.69

91.04

147.34

8.81

13.61

Maxim Power Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Construction In Progress	Get a 7-Day Free Trial															8.81	8.84	10.21	13.61	3.93

Maxim Power Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Maxim Power Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Maxim Power Corp (TSX:MXG) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

MXGFF:USA MP9:Germany

Address

715 - 5 Avenue SW, Suite 1800, Calgary, AB, CAN, T2P 2X6

Website

https://www.maximpowercorp.com

Maxim Power Corp is an independent power producer. The company is engaged in the development, ownership, and operation of power generation facilities and the resultant sale of generating capacity and electricity. It is focused entirely on power projects in Alberta. The company's core asset is the 300 MW H.R. Milner Plant (M2) in Grande Cache, AB is a combined cycle gas-fired power plant that was commissioned in Q4, 2023. Further, MAXIM continues to explore further development options in Alberta, including its gas-fired generation projects and its wind power generation project.

Executives

Kevin Gregory Dyck	Senior Officer
Kimberly Lorna Karran	Senior Officer
Robert Bruce Watson	Senior Officer
Michael Raymond Mayder	Director
Andrea Lynn Whyte	Director
Bradley John Wall	Director
Wiley Darren Auch	Director
Robert Emmott	Senior Officer
W. Brett Wilson	10% Security Holder, Director

Maxim Power Headlines

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