Drax Group plc (DRXGY)

OTCMKTS · Delayed Price · Currency is USD
14.85
-0.61 (-4.11%)
Apr 3, 2025, 4:00 PM EST
16.38%
Market Cap 2.67B
Revenue (ttm) 7.71B
Net Income (ttm) 659.26M
Shares Out n/a
EPS (ttm) 1.69
PE Ratio 4.04
Forward PE n/a
Dividend 0.53 (3.56%)
Ex-Dividend Date Apr 25, 2025
Volume 2
Average Volume 51
Open 14.24
Previous Close 14.85
Day's Range 14.24 - 14.85
52-Week Range 13.11 - 18.00
Beta 1.19
RSI 10.40
Earnings Date Jul 31, 2025

About Drax Group

Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. It operates through Pellet Production, Biomass Generation, Flexible Generation, and Energy Solutions segments. The company provides renewable, dispatchable power, and system support services. It is also involved in production and sale of biomass pellets; generation and sale of electricity from biomass assets, pumped storage, run-of-river hydro, and OCGTs assets; and processing and sale of waste-derived pellets, as well as supply of elect... [Read more]

Sector Utilities
Founded 2005
Employees 3,250
Stock Exchange OTCMKTS
Ticker Symbol DRXGY
Full Company Profile

Financial Performance

In 2024, Drax Group's revenue was 6.16 billion, a decrease of -20.31% compared to the previous year's 7.73 billion. Earnings were 526.60 million, a decrease of -6.33%.

Financial numbers in GBP Financial Statements

News

Drax Group reports FY results

5 weeks ago - Seeking Alpha

Drax power plant owner reports highest earnings since pandemic

It comes only weeks after government said biomass subsidies allowed Drax Group to make ‘unacceptably large profits’ The owner of the Drax power plant has reported its highest earnings since the corona...

5 weeks ago - The Guardian

UK’s Drax Looks to Aviation Fuel for Its Wood Pellet Business

Drax Group Plc plans to provide wood pellets to produce sustainable aviation fuel in the US as it seeks to grow its feedstock business.

4 months ago - BNN Bloomberg

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.

5 months ago - BNN Bloomberg

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.

6 months ago - Seeking Alpha

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.

6 months ago - BNN Bloomberg

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.

7 months ago - BNN Bloomberg

Drax Group plc (DRXGF) Full Year 2023 Results Earnings Call Transcript

Drax Group plc (DRXGF) Full Year 2023 Results Earnings Call Transcript

1 year ago - Seeking Alpha

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.

1 year ago - Reuters

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 ...

1 year ago - Seeking Alpha

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.

1 year ago - Reuters

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 ...

2 years ago - Seeking Alpha

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...

2 years ago - Seeking Alpha