Drax Group plc (LON: DRX)
Market Cap | 2.45B |
Revenue (ttm) | 7.39B |
Net Income (ttm) | 653.80M |
Shares Out | 374.34M |
EPS (ttm) | 1.66 |
PE Ratio | 3.93 |
Forward PE | 5.15 |
Dividend | 0.24 (3.72%) |
Ex-Dividend Date | n/a |
Volume | 1,528,826 |
Open | 659.50 |
Previous Close | 653.50 |
Day's Range | 652.50 - 660.50 |
52-Week Range | 407.40 - 692.00 |
Beta | 1.22 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Oct 25, 2024 |
About Drax Group
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 ... [Read more]
Financial Performance
In 2023, Drax Group's revenue was 8.13 billion, an increase of 4.50% compared to the previous year's 7.78 billion. Earnings were 562.20 million, an increase of 560.63%.
Financial StatementsNews
Drax Explores Options to Sell Biomass Power to UK Data Center
Drax Group Plc is exploring options to sell power to a data-center provider in the UK, guaranteeing income for its biomass-fired plant.
Drax Group plc 2024 Q1 - Results - Earnings Call Presentation
The following slide deck was published by Drax Group plc in conjunction with their 2024 Q1 earnings call.
Drax Aims for $12.5 Billion US Power Push Drawn by Subsidies
Drax Group Plc, operator of the UK’s largest power station, aims to invest $12.5 billion building new biomass power plants in the US over the next decade, taking advantage of generous subsidies.
Drax to Pay £25 Million for Misreporting Biomass Data
Drax Group Plc will pay £25 million ($32.9 million) after UK regulator Ofgem found that company had misreported data about the biomass it burns in its power plant.
Drax Group plc (DRXGF) Full Year 2023 Results Earnings Call Transcript
Drax Group plc (DRXGF) Full Year 2023 Results Earnings Call Transcript
Drax posts 66% jump in annual profit, raises dividend
Drax Group , the UK's largest source of renewable electricity, posted a 66% jump in annual profit and raised its dividend on Thursday, supported by robust renewable power generation.
Drax Group plc (DRXGF) Q2 2023 Earnings Call Transcript
Drax Group plc (OTCPK:DRXGF) Q2 2023 Earnings Conference Call July 27, 2023 3:30 AM ET Company Participants Will Gardiner - CEO Andy Skelton - CFO Conference Call Participants Martin Young - Investec ...
Drax reports higher half-year profit on robust demand, elevated prices
British power generator Drax Group reported a rise in half-year profit on Thursday, buoyed by robust demand for renewable power and substantially high energy prices.
Drax Group plc (DRXGF) Q4 2022 Earnings Call Transcript
Drax Group plc (OTCPK:DRXGF) Q4 2022 Results Conference Call February 23, 2023 4:00 AM ET Company Participants Mark Strafford - Investor Relations Will Gardiner - Chief Executive Officer Andy Skelton ...
Drax Group plc (DRXGF) CEO Will Gardiner on Q2 2022 Results - Earnings Call Transcript
Drax Group plc (OTCPK:DRXGF) Q2 2022 Earnings Conference Call July 26, 2022 4:00 AM ET Company Participants Will Gardiner - Chief Executive Officer Andy Skelton - Chief Financial Officer Conference Ca...