Drax Group (DRXGF) Stock Price, News & Analysis

Company Overview

Drax Group plc is a United Kingdom-based energy company focused on renewable and flexible power generation. Its principal asset is the Drax Power Station in North Yorkshire, which generates electricity primarily from sustainably sourced biomass. The company also operates hydroelectric power stations and pumped-storage facilities in Scotland, including Cruachan Power Station, supporting the reliability and flexibility of the electricity system.

Drax supplies renewable electricity and system-support services to the UK power market. Its activities include biomass fuel procurement and processing, electricity generation, and flexible generation services that can help balance fluctuations in supply and demand. The group has also developed expertise in biomass supply chains through operations and sourcing activities in the United States.

Historically, Drax Power Station was a major coal-fired facility. Drax converted its generating units from coal to biomass and ended commercial coal-fired generation in 2021, marking a significant shift in the company’s operating model. Drax is also pursuing carbon capture and storage technology, including plans for bioenergy with carbon capture and storage, which it says could enable negative-emissions power generation.

Drax Group is headquartered in the United Kingdom and serves the UK energy market, with parts of its biomass supply chain extending into North America. The company is led by Chief Executive Officer Will Gardiner, who has held the role since 2018.

Key Stats

• Today's Range: $9.60 to $9.78
• 50-Day Range: $9.78 to $9.78
• 52-Week Range: $8.57 to $12.75
• Volume: N/A
• Average Volume: 1,378 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 1.80%
• Price Target: N/A
• Consensus Rating: N/A

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Utilities
• Industry: Independent Power & Renewable Electricity Producers
• Sub-Industry: Renewable Electricity
• Current Symbol: OTCMKTS:DRXGF
• CIK: N/A
• Web: www.drax.com
• Phone: 441757618381
• Fax: N/A
• Employees: 3,551
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A