OTCMKTS:DRXGF

Drax Group (DRXGF) Stock Price, News & Analysis

$7.23
0.00 (0.00%)
(As of 05/17/2024 ET)
Today's Range
$7.23
$7.23
50-Day Range
$5.80
$7.23
52-Week Range
$4.88
$8.22
Volume
N/A
Average Volume
659 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
2.43%
Price Target
N/A
DRXGF stock logo

About Drax Group Stock (OTCMKTS:DRXGF)

Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. It operates through three segments: Pellet Production, Generation, and Customers. The Pellet Production segment produces and sells biomass pellets. The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid. The Customers segment supplies electricity and gas to non-domestic customers. The company owns and operates Drax Power Station located in Selby, North Yorkshire; Cruachan Power Station, a pumped storage hydro station, with an installed capacity of 440 megawatts (MW) located in Argyll and Bute; and Lanark and Galloway hydro-electric power stations with an installed capacity of 126 MW located in southwest Scotland. It also owns and operates Daldowie fuel plant that processes sludge, a plant that converts it into dry low-odour fuel pellets. In addition, the company manufactures and sells compressed wood pellets; and supplies renewable electricity. Drax Group plc was incorporated in 2005 and is based in Selby, the United Kingdom.

DRXGF Stock Price History

DRXGF Stock News Headlines

Climate protesters target BP and Drax shareholder meetings
Europe’s gas use to surge despite net zero promises
Drax price target raised by 90 GBp at JPMorgan
Drax Group Secures Capacity Agreements
Drax canteen staff walk out in pay row
Is Drax Group plc (LON:DRX) Potentially Undervalued?
Drax 1H Pretax Profit Rose; Backs Full-Year Views
PRESS DIGEST-British Business - May 24
See More Headlines
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Industry, Sector and Symbol

Sector
Utilities
Industry
Utilities - Renewable
Sub-Industry
N/A
Current Symbol
OTCMKTS:DRXGF
CIK
N/A
Fax
N/A
Employees
3,551
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. Dwight Daniel Willard Gardiner (Age 60)
    Group CEO & Executive Director
    Comp: $1.94M
  • Mr. Andrew Keith Skelton (Age 53)
    CFO & Director
    Comp: $1.15M
  • Ms. Penny Small
    Interim Chief Operating Officer
  • Mark Strafford
    Head of Investor Relations
  • Ms. Hillary Berger
    Group General Counsel
  • Ms. Karen McKeever
    Chief Human Resources Officer
  • Mr. Jason Shipstone
    Chief Innovation Officer
  • Mr. Paul Sheffield
    Chief Commercial Officer
  • Mr. Tim Cole
    Head of Customer Marketing
  • Mr. Miguel Veiga-Pestana
    Chief Sustainability Officer

DRXGF Stock Analysis - Frequently Asked Questions

Should I buy or sell Drax Group stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Drax Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DRXGF shares.
View DRXGF analyst ratings
or view top-rated stocks.

How have DRXGF shares performed in 2024?

Drax Group's stock was trading at $5.95 at the start of the year. Since then, DRXGF shares have increased by 21.5% and is now trading at $7.23.
View the best growth stocks for 2024 here
.

Are investors shorting Drax Group?

Drax Group saw a decrease in short interest in April. As of April 30th, there was short interest totaling 800 shares, a decrease of 96.0% from the April 15th total of 20,200 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 4.0 days.
View Drax Group's Short Interest
.

Is Drax Group a good dividend stock?

Drax Group (OTCMKTS:DRXGF) pays an annual dividend of $0.18 per share and currently has a dividend yield of 4.10%. DRXGF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.

How do I buy shares of Drax Group?

Shares of DRXGF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:DRXGF) was last updated on 5/18/2024 by MarketBeat.com Staff

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