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. Investors 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 of this dividend is Thursday, September 20th. The official announcement can be accessed at this link. View Drax Group's Dividend History.
How were Drax Group's earnings last quarter?
Drax Group Plc (LON:DRX) announced its earnings results on Tuesday, February, 27th. The company reported $0.70 EPS 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 brokerages have issued 12 month target prices for Drax Group's stock. Their predictions range from GBX 300 to GBX 500. On average, they expect Drax Group's stock price to reach GBX 400.38 in the next twelve months. This suggests that the stock has a possible downside of 2.1%. 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 5 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?
Headlines about DRX stock have trended neutral on Friday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by analyzing 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 nearest to five being the most favorable. Drax Group earned a news impact score of 0.5 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the next several days.
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 (AGL), AGL ENERGY Ltd/ADR (AGLNY), Algonquin Power & Utilities (AQN), Boralex (BLX), CGE ENERGY INC/SH SH (CGEI), Clean Energy Technologies (CETY), Contourglobal (GLO), DRAX Grp PLC/ADR (DRXGY), Encavis (CAP), Energy World (EWC), Far East Wind Power (FEWP), Green & Smart (GSH) and H CELL ENERGY C/SH SH (HCCC).
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 409.
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.
