Drax Group plc, together with its subsidiaries, engages in the generation and supply of electricity in the United Kingdom. It operates through three segments: Power Generation, Pellet Production, and B2B Energy Supply. The company owns and operates Drax Power Station that produces electricity from biomass located in Selby, North Yorkshire; and develops open-cycle gas turbine projects. It also manufactures and supplies compressed wood pellets for use in electricity production. The company supplies electricity and gas to the business customers. Drax Group plc was incorporated in 2005 and is based in Selby, the United Kingdom.
Industry, Sector and Symbol
Industry Utilities - Independent Power Producers
Sub-IndustryN/A
SectorUtilities
Phone+44-1757-618381
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees2,353
OptionableNot Optionable
Drax Group (LON:DRX) Frequently Asked Questions
What is Drax Group's stock symbol?
Drax Group trades on the London Stock Exchange (LON) under the ticker symbol "DRX."
How often does Drax Group pay dividends? What is the dividend yield for Drax Group?
Drax Group announced a dividend on Tuesday, July 24th. Shareholders of record on Thursday, September 20th will be paid a dividend of GBX 5.60 per share on Friday, October 12th. This represents a yield of 1.62%. The ex-dividend date is Thursday, September 20th. The official announcement can be seen at this link. View Drax Group's Dividend History.
How were Drax Group's earnings last quarter?
Drax Group Plc (LON:DRX) posted its earnings results on Tuesday, February, 27th. The company reported $0.70 earnings per share for the quarter, missing analysts' consensus estimates of $1.50 by $0.80. The company had revenue of $3.69 billion for the quarter. View Drax Group's Earnings History.
What price target have analysts set for DRX?
10 equities research analysts have issued 12-month target prices for Drax Group's stock. Their predictions range from GBX 320 to GBX 500. On average, they expect Drax Group's share price to reach GBX 405.71 in the next year. This suggests a possible upside of 8.9% from the stock's current price. View Analyst Price Targets for Drax Group.
What is the consensus analysts' recommendation for Drax Group?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Drax Group in the last year. There are currently 1 sell rating, 4 hold ratings, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Drax Group.
Has Drax Group been receiving favorable news coverage?
News stories about DRX stock have been trending somewhat positive on Monday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Drax Group earned a daily sentiment score of 1.4 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.
Who are some of Drax Group's key competitors?
Some companies that are related to Drax Group include Aggregated Micro Power (AMPH), AGL Energy (AGLNF), AGL ENERGY Ltd/ADR (AGLNY), CGE ENERGY INC/SH SH (CGEI), Clean Energy Technologies (CETY), Contourglobal (GLO), DRAX Grp PLC/ADR (DRXGY), Encavis (CAP), Far East Wind Power (FEWP), Green & Smart (GSH), H/Cell Energy (HCCC), LT SA/ADR (LGSXY), Ocean Thermal Energy (CPWR), Powerhouse Energy Group (PHE) and RUSHYDRO PJSC/S (RSHYY).
Who are Drax Group's key executives?
Drax Group's management team includes the folowing people:
- Ms. Dorothy Carrington Thompson, Former Group CEO & Exec. Director (Age 58)
- Mr. Dwight Daniel Willard Gardiner, Group CEO & Exec. Director (Age 54)
- Mr. Andrew Robert Koss, Exec. Director & CEO of Drax Power (Age 48)
- Mr. Den G. Jones, Interim Chief Financial Officer (Age 54)
- David McCallum, Gen. Counsel & Group Company Sec.
How do I buy shares of Drax Group?
Shares of DRX and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
What is Drax Group's stock price today?
One share of DRX stock can currently be purchased for approximately GBX 372.40.
What is Drax Group's official website?
How can I contact Drax Group?
Drax Group's mailing address is Drax Power Station, SELBY, YO8 8PH, United Kingdom. The company can be reached via phone at +44-1757-618381.
MarketBeat Community Rating for Drax Group (LON DRX)
MarketBeat's community ratings are surveys of what our community members think about Drax Group and other stocks. Vote "Outperform" if you believe DRX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DRX will underperform the S&P 500 over the long term. You may vote once every thirty days.
