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DRX Drax Group Plc

469.40
-4.90 (-1.03%)
Last Updated: 10:46:22
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Drax Group Plc LSE:DRX London Ordinary Share GB00B1VNSX38 ORD 11 16/29P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -4.90 -1.03% 469.40 469.30 470.20 485.70 468.80 485.70 19,927 10:46:22
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electric Services 8.13B 562.2M 2.8017 1.69 948.73M
Drax Group Plc is listed in the Electric Services sector of the London Stock Exchange with ticker DRX. The last closing price for Drax was 474.30p. Over the last year, Drax shares have traded in a share price range of 395.20p to 655.60p.

Drax currently has 200,661,328 shares in issue. The market capitalisation of Drax is £948.73 million. Drax has a price to earnings ratio (PE ratio) of 1.69.

Drax Share Discussion Threads

Showing 4776 to 4796 of 4800 messages
Chat Pages: 192  191  190  189  188  187  186  185  184  183  182  181  Older
DateSubjectAuthorDiscuss
29/2/2024
07:52
"The world must act now to address the climate crisis if we are to limit global warming to 1.5oC above pre-industrial levels."In your dreams! Will be much more than that.
j arthur rank
18/1/2024
12:07
Any reason for the drop today?
disc0dave46
08/1/2024
10:45
YepHttps://www.energylivenews.com/2024/01/08/uk-poised-to-greenlight-billions-for-draxs-beccs-plan/
disc0dave46
08/1/2024
10:10
Share price activity this morning more likely due to UK government expected to approve billions for Drax’s BECCS plan
brucethegoldfish
08/1/2024
09:54
Takeover speculation
castleford tiger
29/10/2023
11:15
With this market breakouts are hard work IMO, any rises are being sold into.Thought this was breaking out above circa 445-450 but failed and could drift back towards 400. No TA but the fundamentals here look on face value to be undervalued (putting potential regulatory issues aside - but guess that's the crux of it!).
disc0dave46
24/10/2023
14:58
I got in based on the technicals a few days ago. Fundamentals looked decent too and Bank of America have been adding too. Yes it was oversold. Spotted in on my screener.
kash_
24/10/2023
14:30
Drax falls are ‘overdone̵7;, says JOHCM’s Lowen
JOHCM’s James Lowen believes the fall in Drax (DRX) shares is ‘overdone̵7; given its critical position in UK energy generation.

Lowen holds the Citywire Elite Companies AAA-rated stock in his £1.5bn JOHCM UK Equity Income fund and – despite a share-price tumble of late – he remains positive on its long-term prospects.

He said there were a number of reasons for the fall, including the ‘ongoing noise around whether biomass is good or bad environmentally̵7;.

In August, the government’s Biomass Strategy 2023 paper indicated ‘the potential extraordinary role which biomass could play across the economy, in power, heating and transportation, including a priority role in bioenergy with carbon capture and storage (BECCS)’.

Currently, Drax produces 5% of UK electricity, making it ‘strategically important’, believes Lowen. ‘Put simply without Drax, system security and capacity would be impaired,’ he said.

The shares were also dented by prime minister Rishi Sunak’s ‘row back’ on certain aspects of carbon reduction, albeit none linked to Drax’s operations, and ‘adverse commentary around factoring, which was correct but already fully disclosed in the annual accounts’.

‘We believe the fall is overdone,’ said Lowen.

Shares in Drax were trading at 402p on Monday.


(Emailed from Citywire this morning)

geckotheglorious
24/10/2023
12:09
Guessing it's been tipped somewhere?
disc0dave46
20/10/2023
11:15
TodayDrax Group (#DRX) ? 417.7pBank of America Corporation #TR1 11.9% (? 0.11%) ~=0.4m #acquired 20/10 11:51 #RNS Holding(s) in Company
kash_
20/10/2023
11:14
Got some Drax. Currently a fraction underwater.
kash_
27/9/2023
14:49
Yep very sad!
disc0dave46
27/9/2023
14:20
disco0dave

Red ticker is because he hates you, what you say, no matter how relevant, doesnt come into it for the childish mofo.

Wouldn't let it get to you.

geckotheglorious
27/9/2023
13:56
To the down ticker, please explain why you disagree with posting news relevant to DRX?Https://www.thetimes.co.uk/article/drax-feels-heat-from-short-sellers-lcsl72x37
disc0dave46
27/9/2023
10:24
Being shorted, 3.4%. Includes ShadowFall and Blackrock.
disc0dave46
25/9/2023
09:19
Back to lows of 2022
But an opportunity

the codger
15/9/2023
15:35
What the.....?
deutsch4
15/9/2023
15:14
hxxps://www.nao.org.uk/work-in-progress/the-governments-support-for-biomass/
tonysss13
15/9/2023
13:27
??

Why the sudden drop - Cant find anything..

thelongandtheshortandthetall
12/6/2023
06:54
4/7 not very enthusiastic going long in the market as a whole
dyor

mike24
05/6/2023
15:53
UT trade is a large buy today for the first time in two weeks. Selling finished?
itsriskythat
Chat Pages: 192  191  190  189  188  187  186  185  184  183  182  181  Older

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