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Drax Group Plc

DRX.L

Latest Trade

602.00GBp

Change

3.00(+0.50%)

Volume

118,293

Today's Range

589.00

 - 

602.50

52 Week Range

356.20

 - 

630.50

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Pricing

Previous Close
599.00
Open
592.00
Volume
118,293
3M AVG Volume
21.02
Today's High
602.50
Today's Low
589.00
52 Week High
630.50
52 Week Low
356.20
Shares Out (MIL)
399.23
Market Cap (MIL)
2,331.48
Forward P/E
21.18
Dividend (Yield %)
3.05

Next Event

Full Year 2021 Drax Group PLC Earnings Release

Latest Developments

More

Drax Group Subsidiary To Acquire Pellet Sales Contract Book Of Pacific Bioenergy

Drax Group 2021 Adj EBITDA Around Top End Of Current Analyst Expectations

Drax Group H1 Adj EBITDA Up 4% To 186 Mln Stg

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About Drax Group Plc

Drax Group PLC is a United Kingdom-based renewable energy generator. The Company operates a portfolio of renewable biomass and hydro assets to provide renewable and low-carbon generation and system support services. It operates through three segments: Generation, Customers and Pellet Production. The Generation segment includes its power generation activities in the United Kingdom (UK). The Customers segment is engaged in the supply of electricity and gas to business customers in the UK. The Pellet Production segment is engaged in the production of sustainable compressed wood pellets at its processing facilities in the United States (US). The Customers segment supplies renewable electricity to businesses through Haven Power and Opus Energy. Haven Power supplies and manages electricity for large industrial and commercial sector customers, as well as small businesses. Opus Energy provides a market for excess power from energy sources, such as wind, solar, hydro and anaerobic digestion.

Industry

Electric Utilities

Contact Info

Drax Power Station

YO8 8PH

United Kingdom

+44.1757.618381

http://www.drax.com

Executive Leadership

Philip G. Cox

Non-Executive Independent Chairman of the Board

Will Gardiner

Group Chief Executive Officer, Executive Director

Andrew Keith Skelton

Chief Financial Officer, Executive Director

Brett Gladden

Group Company Secretary

Kim Keating

Non-Executive Director

Key Stats

2.11 mean rating - 9 analysts
Sell
Hold
Buy
Revenue (MM, GBP)

2018

4.2K

2019

4.7K

2020

4.2K

2021(E)

4.6K
EPS (GBp)

2018

10.300

2019

29.700

2020

29.000

2021(E)

27.604
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.54
Price To Book (MRQ)
1.75
Price To Cash Flow (TTM)
34.85
Total Debt To Equity (MRQ)
117.05
LT Debt To Equity (MRQ)
113.76
Return on Investment (TTM)
-3.62
Return on Equity (TTM)
-2.57

Latest News

Latest News

UK's Drax might delay retirement of coal plants to plug energy gap -FT

UK power generator Drax Group Plc said it could keep its coal-fired power plants operating beyond their planned closure next year as the energy crisis in Europe highlights potential fragilities in Britain's energy supplies, the Financial Times reported https://www.ft.com...

BRIEF-Drax Says 2020 Full Year Adjusted EBITDA Currently In Line With Consensus

* DRAX - 2020 FULL YEAR ADJUSTED EBITDA CURRENTLY IN LINE WITH CONSENSUS INCLUSIVE OF £60 MILLION ESTIMATED POTENTIAL IMPACT FROM COVID-19

UPDATE 2-Britain's Drax to end coal power generation in 2021

British power producer Drax Group Plc said in its full-year results on Thursday it will end coal power generation at its North Yorkshire plant, ahead of Britain's 2024 deadline.

Britain's Drax to end coal power generation by 2021

British power producer Drax Group Plc is on track to close its coal generation in 2021, four years ahead of Britain's 2025 deadline, the company said on Thursday as it released full-year results.

UPDATE 2-Drax first half profit boosted by Iberdrola deal

* Dividend up 12.5% (Updates with CEO comment, dividend details)

Drax first-half profit boosted by Iberdrola plants deal

British power generator Drax Group Plc on Wednesday reported a jump in adjusted core earnings for the first half, partly boosted by its purchase of gas, hydro and pumped storage power plants from Spain's Iberdrola SA .

BUZZ-Drax: JPM sees small half-year loss on higher costs

** Shares of British power producer Drax Group Plc were down 2.2% at 269 pence

UPDATE 2-Profits at Britain's Drax rise on higher renewable power output

Drax, Britain's third largest power generator, reported a 9 percent rise in full-year earnings on Tuesday, driven by higher renewable power generation from its biomass units.

Drax profit rises 9 pct on higher biomass power generation, pellet output

British power producer Drax Group Plc reported a 9 percent rise in full-year core earnings on Tuesday, driven by higher levels of renewable power generation from its biomass units.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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