Drax Group plc

DRX

GB00B1VNSX38

Electric Utilities

Real-time Estimate Cboe Europe Other stock markets 10:00:28 2024-05-21 am EDT			5-day change	1st Jan Change
561.2 ^GBX	-0.31%		+4.28%	+14.56%

Apr. 25	Drax Group plc Approves the Final Dividend for the Year 2023	CI
Apr. 25	Drax on track to meet expectations after powerful first quarter	AN

Drax Group plc Reaffirms Financial Guidance for the Year 2021

July 29, 2021 at 02:00 am EDT

Drax Group plc reaffirmed financial guidance for the year 2021. Adjusted EBITDA, inclusive of Pinnacle from 13 April 2021, full year expectations unchanged.

Latest news about Drax Group plc

Drax Group plc Approves the Final Dividend for the Year 2023	Apr. 25	CI
Drax on track to meet expectations after powerful first quarter	Apr. 25	AN
Renewable Energy Group Drax Affirms FY24 Outlook	Apr. 25	MT
British power operator Drax reports $3.75 billion in forward sales	Apr. 25	RE
Fitch Affirms Drax Group's Rating on Good Earnings Visibility	Apr. 23	MT
Drax Group to Redeem Early $500 Million of Notes due 2025	Apr. 19	MT
Drax Group Unit Prices EUR350 Million Notes Offering	Apr. 18	MT
U.S. Futures Up, European Stocks Down as Rates Uncertainty, Middle East Tensions Weigh on Mood	Apr. 05	DJ
FTSE 100 Closes Up 0.5%, Boosted by Mining Stocks	Apr. 04	DJ
Drax completes GBP150 million term-loan facility	Apr. 04	AN
Drax Group Completes New GBP150 Million Term-loan Facility	Apr. 04	MT
Drax Group plc Announces New £150 Million Term-Loan Facility	Apr. 04	CI
Citigroup Trims Drax Group PT, Affirms Sell Rating	Apr. 03	MT
Barclays lifts Segro to 'overweight'	Apr. 03	AN
Drax inks partnership with Karbon-x for carbon capture and storage	Apr. 02	AN
Drax Group Announces Carbon Removals Deal with Karbon-X	Mar. 28	CI
Citi, Macquarie cut Virgin Money to 'neutral'	Mar. 11	AN
FTSE 100 Edges Higher on Leap Day, Boosted by Howden Joinery, Haleon Gains	Feb. 29	DJ
Stocks up as investors shake off US PCE nerves	Feb. 29	AN
London stocks inch up on earnings bump	Feb. 29	RE
Drax profit skyrockets as cost of sales slashed, revenue up	Feb. 29	AN
Drax Group Posts Higher FY23 Attributable Profit, Revenue	Feb. 29	MT
Transcript : Drax Group plc, 2023 Earnings Call, Feb 29, 2024	Feb. 29
FTSE 100 gets boost from Haleon and Ocado results	Feb. 29	AN
US Futures Down, European Stocks Rise	Feb. 29	DJ

Drax Group PLC is a United Kingdom-based renewable energy company. The Company is engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. Its segments include Pellet Production, Generation, and Customers. The Pellet Production segment is engaged in the production and subsequent sale of biomass pellets at the Groupâs processing facilities in North America. The Generation segment includes its power generation activities in the United Kingdom. The Customers segment is engaged in the supply of electricity and gas to non-domestic customers in the United Kingdom. It also operates a generation portfolio of sustainable biomass, hydro-electric and pumped hydro storage assets across four sites in England and Scotland. It also operates a bioenergy supply business with manufacturing facilities at 13 sites in the United States and Canada. It also offers installation and maintenance of electric vehicle (EV) charge points.

Sector

Electric Utilities

Calendar

2024-07-22 - Q2 2024 Earnings Release (Projected)

Related indices

STOXX EUROPE 600 (EUR)

More about the company

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Ratings for Drax Group plc

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

5.63 GBP

Average target price

7.574 GBP

Spread / Average Target

+34.52%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

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Other Electric Utilities

Drax Group plc

Equities

DRX

GB00B1VNSX38

Electric Utilities

Drax Group plc Reaffirms Financial Guidance for the Year 2021

Latest news about Drax Group plc

Chart Drax Group plc

Company Profile

Income Statement Evolution

Ratings for Drax Group plc

Analysts' Consensus

EPS Revisions

Annual profits - Rate of surprise

Sector Other Electric Utilities