Drax Group PLC

DRX

Company Profile

  • Business description

    Drax Group PLC is a UK-based renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. It operates a generation portfolio of sustainable biomass, hydro-electric, and pumped hydro storage assets across four sites in England and Scotland. The company also operates a bioenergy supply business with manufacturing facilities in the United States and Canada, producing compressed wood pellets for its own use and for customers in Europe and Asia. Its segments include Pellet Production, Generation, and Customers. The majority of its revenue is generated from the Customers segment which sells renewable electricity to industrial and commercial customers in the United Kingdom.

  • Contact

    Drax Power Station
    SelbyNorth YorkshireYO8 8PH
    GBR

    T: +44 1757618381

    E: [email protected]

    http://www.drax.com

  • Sector

    Utilities

    Stock type

    Defensive

  • Industry

    Utilities - Renewable

    Fiscal Year End

    31 December 2026

    Employees

    2,974

Stocks News & Analysis

stocks

Cheap Dividend Aristocrat has Fair Value raised after earnings

Dividend forecasts raised after balance sheet regains strength.
stocks

Why great earnings haven't been good enough for AI hardware stocks

Stocks that had been posting triple-digit returns are sliding on earnings results.
stocks

Fair Value increased for Big 4 bank after earnings

Shares still overvalued, with analysts thinking the fundamentals no longer matter to the share price.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries9,313.2019.60-0.21%
CAC 408,639.7010.86-0.13%
DAX 4026,433.19133.450.51%
Dow JONES (US)53,745.4694.53-0.18%
FTSE 10010,753.2719.40-0.18%
HKSE25,116.85279.66-1.10%
NASDAQ26,710.4092.63-0.35%
Nikkei 22568,713.80405.200.59%
NZX 50 Index13,854.3829.080.21%
S&P 5007,787.5011.49-0.15%
S&P/ASX 2009,115.2019.90-0.22%
SSE Composite Index3,927.180.210.01%

Market Movers