Maxim Power Corp. (TSX: MXG)

Canada flag Canada · Delayed Price · Currency is CAD
4.020
-0.090 (-2.19%)
May 17, 2024, 4:00 PM EDT
1.77%
Market Cap 203.64M
Revenue (ttm) 73.23M
Net Income (ttm) 31.03M
Shares Out 50.66M
EPS (ttm) 0.49
PE Ratio 8.20
Forward PE 54.05
Dividend n/a
Ex-Dividend Date n/a
Volume 2,997
Open 4.090
Previous Close 4.110
Day's Range 4.020 - 4.230
52-Week Range 3.340 - 5.180
Beta 0.88
Analysts n/a
Price Target 4.00 (-0.5%)
Earnings Date Aug 8, 2024

About Maxim Power

Maxim Power Corp., an independent power producer, acquires or develops, owns, and operates power and power related projects in Alberta, Canada. It operates Milner power plant, a 300 MW combined cycle gas-fired power plant located in Grande Cache, Alberta. The company was founded in 2010 and is headquartered in Calgary, Canada. [Read more]

Sector Utilities
Founded 2010
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol MXG
Full Company Profile

Financial Performance

In 2023, Maxim Power's revenue was 38.47 million, a decrease of -72.77% compared to the previous year's 141.26 million. Earnings were 28.30 million, a decrease of -33.07%.

Financial Statements

News

Maxim Power Corp. Announces 2024 First Quarter Financial and Operating Results with Revenue of $35 million and Net Income of $10 million

CALGARY, Alberta, May 07, 2024 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) announced today the release of financial and operating results for the first quarter ende...

12 days ago - GlobeNewsWire

Maxim Power Corp. Reports Successful Operations of the CCGT Expansion of M2 with Revenue of $41 million and Net Income of $28 million in 2023

CALGARY, Alberta, March 14, 2024 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) announced today the release of financial and operating results for the fourth quarter a...

2 months ago - GlobeNewsWire

Maxim Power Corp. Appoints Mr. Robert Emmott as CEO

CALGARY, Alberta, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) announced today that Mr. Robert (Bob) Emmott will be transitioning to President and Chie...

5 months ago - GlobeNewsWire

Maxim Power GAAP EPS of -C$0.10, revenue of C$2.47M

Maxim Power reports Q3 GAAP EPS of -C$0.10 and a revenue decline of 95.7% YoY, according to their press release.

6 months ago - Seeking Alpha

Maxim Power Corp. Announces 2023 Third Quarter Financial and Operating Results

CALGARY, Alberta, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) announced today the release of financial and operating results for the third quarter and...

6 months ago - GlobeNewsWire

Maxim Power Corp. Successfully Completes Commissioning of the CCGT Expansion of M2

CALGARY, Alberta, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) is pleased to announce that it has successfully commissioned the Combined Cycle Gas Turb...

7 months ago - GlobeNewsWire

Maxim Power Corp. Announces TSX Acceptance of Normal Course Issuer Bid

CALGARY, Alberta, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) announced today that it has received approval from the Toronto Stock Exchange ("TSX") to...

9 months ago - GlobeNewsWire

Maxim Power Corp. Announces 2023 Second Quarter Financial and Operating Results

CALGARY, Alberta, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) announced today the release of financial and operating results for the second quarter an...

10 months ago - GlobeNewsWire

Maxim Power Corp. Provides Update on Milner 2 Return to Service and Insurance Information

CALGARY, Alberta, July 27, 2023 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) provides an update on the return to service date of Milner 2 (“M2”) and insurance inform...

10 months ago - GlobeNewsWire

Maxim Power Corp. Provides Update on Insurance Information

CALGARY, Alberta, June 29, 2023 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) provides an update on insurance information related to the non-injury fire incident that...

11 months ago - GlobeNewsWire

Maxim Power Corp. Announces Board of Directors Election Results

CALGARY, Alberta, May 31, 2023 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) announced today the final director election results from its 2023 annual general meeting ...

1 year ago - GlobeNewsWire

Maxim Power Corp. Announces 2023 First Quarter Financial and Operating Results

CALGARY, Alberta, May 09, 2023 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) announced today the release of financial and operating results for the first quarter ende...

1 year ago - GlobeNewsWire

Maxim Power Corp. Reports Strong Earnings with Revenue of $141 million and Net Income of $42 million in 2022

CALGARY, Alberta, March 16, 2023 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) announced today the release of financial and operating results for the fourth quarter e...

1 year ago - GlobeNewsWire

W. Brett Wilson Updates Early Warning Reporting in Respect of Maxim Power Corp.

CALGARY, Alberta, Jan. 13, 2023 (GLOBE NEWSWIRE) -- Pursuant to the early warning requirements of applicable Canadian securities laws, W. Brett Wilson announces that he (indirectly through Prairie Mer...

1 year ago - GlobeNewsWire

Maxim Power Corp. Provides Updates on the M2 Return to Service, CCGT Expansion Project and Insurance Information

CALGARY, Alberta, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) provides an update regarding the return to service of the Milner 2 (“M2”) facility follo...

1 year ago - GlobeNewsWire

Maxim Power Corp. Reports Continued Strong Earnings with Revenue of $141 million and Net Income of $49 million in the First Nine Months of 2022

CALGARY, Alberta, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) announced today the release of financial and operating results for the third quarter and...

1 year ago - GlobeNewsWire

Maxim Power Corp. to receive $20 million Grant Funding for Waste Heat Recovery on Milner 2 CCGT Expansion Project

NCIB Program and Senior Credit Facility Updated NCIB Program and Senior Credit Facility Updated

2 years ago - GlobeNewsWire

Maxim Power Corp. Reports Continued Strong Earnings with $36 million of Revenue and $17 million of Net Income in the First Quarter of 2022

CALGARY, Alberta, May 10, 2022 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) announced today the release of financial and operating results for the first quarter ende...

2 years ago - GlobeNewsWire

Maxim Power Corp. Announces 2021 Third Quarter Financial and Operating Results, and Reports Significant Earnings with $52 million of Adjusted EBITDA in the First Nine Months of 2021

CALGARY, Alberta, Nov. 09, 2021 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) announced today the release of financial and operating results for the third quarter end...

2 years ago - GlobeNewsWire

Maxim Power Corp. Announces the Re-Filing of 2021 Second Quarter Financial Information and Project Updates

CALGARY, Alberta, Sept. 20, 2021 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) announced today the re-filing of the June 30, 2021 unaudited condensed consolidated int...

2 years ago - GlobeNewsWire

Maxim Power Corp. Announces 2021 First Quarter Financial and Operating Results

CALGARY, Alberta, May 11, 2021 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) announced today the release of financial and operating results for the first quarter ende...

3 years ago - GlobeNewsWire

Maxim Power Corp. Announces the Receipt of the Second Line Loss Proceedings Payment

CALGARY, Alberta, March 01, 2021 (GLOBE NEWSWIRE) -- Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX:MXG) announced today that the Corporation has received the second of three scheduled Line Los...

3 years ago - GlobeNewsWire