Drax Group

Drax Group operates an integrated value chain across three principal areas of activity: sustainable wood pellet production, which produces wood pellets from sustainable low-value commercial forestry residues for use in the generation of low-carbon electricity; electricity generation, which produces low-carbon electricity from sustainably sourced wood pellets and provides system support services to the electricity grid from biomass and coal generation; and energy sales and services to business customers, which supplies low-carbon energy solutions as well as power, gas and services to industrial, corporate and small businesses.
  • TickerDRX
  • ISINGB00B1VNSX38
  • ExchangeLondon Stock Exchange
  • SectorElectricity
  • CountryUnited Kingdom

Analysts

Philip Morrish

Value Indicator - UK Main Market 16092019

Currently '(TM)Value Indicator - UK main market' is a value analysis of the Basic Resources, Construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Utilities 16092019

Currently '(TM)Value Indicator - UK utilities' is a value analysis of the Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provide the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Utilities 09092019

Currently '(TM)Value Indicator - UK utilties' is a value analysis of the Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Main Market 09092019

Currently '(TM)Value Indicator - UK main market' is a value analysis of the Basic Resources, Construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target providers

Philip Morrish

Value Indicator - UK Utilities 02092019

Currently '(TM)Value Indicator - Utilities' is a value analysis of the Telecom and Utility secors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative target prices.

Drax Group plc

Drax Group plc

QuickView: Light at the end of the tunnel for biomass

Drax’s sharp drop in H1 EBITDA to £70m from £120m, while disappointing, was well flagged by management and signposted by commodity moves. Of far more interest, we believe, are the impending regulatory changes that will modify Drax’s earnings profile. The company expects to hear about state aid on contracts for difference (CFDs) this autumn. This will mark a continuation of Drax’s transformation from its historic earnings sensitivity to swings in electricity, coal and carbon prices to a more stable, regulated earnings profile. Provided the regimes introduced are profitable, we believe regulator...

Stock Report

Stock Report

1 director bought

A director at Drax Group bought 16,250 shares at 298p and the significance rating of the trade was 70/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board member...

Philip Morrish

Value Indicator - UK Main Market 16092019

Currently '(TM)Value Indicator - UK main market' is a value analysis of the Basic Resources, Construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Utilities 16092019

Currently '(TM)Value Indicator - UK utilities' is a value analysis of the Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provide the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Utilities 09092019

Currently '(TM)Value Indicator - UK utilties' is a value analysis of the Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Main Market 09092019

Currently '(TM)Value Indicator - UK main market' is a value analysis of the Basic Resources, Construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target providers

Philip Morrish

Value Indicator - UK Utilities 02092019

Currently '(TM)Value Indicator - Utilities' is a value analysis of the Telecom and Utility secors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative target prices.

MarketLine Department

Rurelec Plc - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Rurelec Plc Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Rurelec Plc since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Highlights ...

Drax Group Plc (DRX) - Power - Deals and Alliances Profile

Summary Drax Group plc (Drax) is a biomass-fuelled electricity generator, which generates electricity from coal and biomass. It operates across three principal areas of activity, electricity generation; electricity sales to business customers; and compressed wood pellet production. The company operates one of the largest power stations in the UK. Drax includes Drax Power; Drax Biomass Inc.; Haven Power; and Opus Energy. It sources biomass pellets from the US, Canada, Latvia, Estonia, Portugal, the UK, Lithuania, Poland, Germany, Spain, and South Africa; and operates biomass compressed wood pe...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Opportunities within Mobile Payments, Metals & Mining, and Utilities The MSCI ACWI and S&P 500 continue to recover following the most recent test of support at their respective 200-day moving averages. With market internals still mixed, support levels holding, and indexes continuing to consolidate sideways, our neutral but constructive outlook remains intact. • Major themes: Mobile Payments, Metals & Mining, and Utilities. We believe the secular mobile payments theme (ETF: IPAY) has room to run, and we expect related stocks to continue outperforming... see pages 2-4 for actionable stocks. W...

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