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Drax Group plc (DRX.L)

LSE - LSE Delayed price. Currency in GBp (0.01 GBP)
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688.50-16.00 (-2.27%)
At close: 05:10PM BST
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Previous close704.50
Bid0.00 x 0
Ask800.00 x 0
Day's range669.00 - 722.50
52-week range467.60 - 845.89
Avg. volume1,910,323
Market cap2.759B
Beta (5Y monthly)1.17
PE ratio (TTM)13.50
EPS (TTM)0.51
Earnings date26 Jul 2022
Forward dividend & yield0.20 (2.86%)
Ex-dividend date25 Aug 2022
1y target est938.44
  • Bloomberg

    UK Homebuilders, Banks, Retail in Spotlight After Budget

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  • Reuters

    Britain's Drax signs deal to sell 2 million U.S. carbon removal credits

    British power generator Drax has signed a memorandum of understanding with carbon finance firm Respira International which could see Drax sell up to 2 million carbon removal credits from proposed biomass projects in the United States, the companies said on Wednesday. Drax is developing technology to capture and store emissions generated at its power plants which burn wood-based biomass pellets in Britain and is seeking to build similar projects in the United States by the mid- to late 2020s. Under the memorandum of understanding announced on Wednesday Respira International has the option to buy up to 2 million tonnes of carbon removals over a five-year period from future Drax operations in the Unites States.

  • The Guardian

    Energy bills may rise if government gives Drax more support, say MPs

    Britain’s single biggest source of carbon emissions could negotiate over Liz Truss’s £150m bills freeze