Buy
Sell
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
  -4.00 -0.9% 440.00 441.40 442.00 446.80 439.60 441.80 390,861 16:35:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electricity 4,235.0 -234.7 -39.8 - 1,753

Drax Share Discussion Threads

Showing 4526 to 4550 of 4550 messages
Chat Pages: 182  181  180  179  178  177  176  175  174  173  172  171  Older
DateSubjectAuthorDiscuss
04/6/2021
08:45
JPMORGAN RAISES DRAX GROUP PRICE TARGET TO 500 (360) PENCE - 'OVERWEIGHT' hTTps://www.morningstar.co.uk/uk/news/AN_1622623123106757200/broker-ratings-peel-hunt-and-jefferies-converge-to-say-hold-greencore.aspx
scotches
21/5/2021
14:33
www.sharecast.com/news/broker-recommendations/citi-upgrades-drax-centrica--7932874.html Citi upgraded its stance on shares of Drax on Monday to 'buy' from 'neutral' following the recent UK power price rally of more than 20% in the last month. "In our view, Drax should benefit from the circa 50% and circa 80% merchant output exposure in FY22 and FY23 respectively," the bank said. Given the operational gearing of Drax Power, it lifted its EBITDA forecasts to FY25 by 6-20% and its earnings per share by 16-29%. As a result, the bank also upped its price target on the stock, by 28% to 505p. "Longer term, we remain cautious on biomass as a technology in the path to net zero, given the debate on its creditability of being a truly net zero technology," it said.
scotches
21/5/2021
14:05
Drax shares have been a strong performer over the last year. Along with SSE they are included in the Standard and Poors "Clean Energy Index". hTTps://www.spglobal.com/spdji/en/indices/esg/sp-global-clean-energy-index/#data However the merits of Drax technologies biomass and carbon capture are controversial.
scotches
21/5/2021
14:03
hTTps://www.drax.com/ hTTps://www.draxbiomass.com/ www.pinnaclepellet.com hTTps://www.businessinsider.com/ceo-of-drax-shares-how-the-company-reduced-its-carbon-emissions-by-85-percent-2021-4 hTTps://www.newsnow.co.uk/h/Industry+Sectors/Energy~Utilities/Energy+Utilities/Drax+Group hTTps://www.drax.com/about-us/our-sites-and-businesses/cruachan-power-station/ hTTps://www.ieabioenergy.com/blog/publications/campaigns-questioning-the-use-of-woody-biomass-for-energy-are-missing-key-facts/# hTTps://www.biofuelwatch.org.uk/axedrax-campaign/ hTTps://markets.ft.com/data/equities/tearsheet/profile?s=DRX:LSE
scotches
21/5/2021
09:29
electricity price has doubled in last few months??
castleford tiger
20/5/2021
23:29
Castleford Tiger - but do we know why? 10% in the past week
richard3rd
20/5/2021
22:49
New high in modern times
castleford tiger
26/3/2021
22:53
Shareholders are right to be wary about Pinnacle. Wood biomass energy is viable only with heavy government subsidies – what happens when they come to an end? And Pinnacle uses wood from an environmentally sensitive area. Drax shouldn't touch it with a bargepole. Or perhaps it is just time to sell out of Drax.
butterfly2000
25/3/2021
08:35
Richard, Biomass requires cutting down of trees. Precisely what you do not want to be doing if CO2 rising/causing climate change. Not fan of Drax biomass as it clearly isnt green,but it is slightly better than coal. Am long but also looking for a decent profitable exit.
geckotheglorious
24/3/2021
21:40
Thanks Paulo4335, I am clearly not reading the right news. I dont want to get into what is / is not green, but the approach must be better than burning coal and gas. Wind and PV is all good but there needs to be other options for the days those are not producing enough and do we really want the risk of more nuclear - which is not environmentally friendly long term or good value.
richard3rd
24/3/2021
21:10
Richard, I suspect it will be to do with the govt announcements today re carbon neutral support etc - is all over the news. Volsung, I sold out of here after making a good profit because I don’t agree with the approach - was time to move on, not truly as environmentally friendly as would have you believe - hence why...” I’m out! “
paulo435
24/3/2021
20:17
This is why any ‘green investor’ wouldn’t touch Drax https://www.theguardian.com/business/2021/mar/23/green-groups-dispute-power-station-claim-biomass-carbon-neutral?fbclid=IwAR0jEN8AhU8mlO4gPtS8AC2tVSUhKoI0GR7x323o-h3EFgu-W5OEi2pEgE0
volsung
24/3/2021
20:16
Good to see, but why today? Lots of buying right at the end of the day as well, only news I can see is re the AGM about the already known Pinnacle acquisition.
richard3rd
24/3/2021
19:29
Another 5% today
castleford tiger
15/3/2021
20:41
CASSINI Post 3499 "It's because I sold last week" Fell your pain! That sometimes happen to me as well...not this time. Holding for 550 myself, if it ever comes.
geckotheglorious
15/3/2021
16:10
Possibly the news on vertical integration. Acquisition of wood chip supplier ie ... “Energy company and power station operator Drax Group's acquisition of a Canada-based supplier of wood pellets has moved forward. A deal was agreed with Pinnacle Renewable Energy in February 2021 for the acquisition by Drax Canadian Holdings, an indirect, wholly-owned subsidiary of Drax, of the entire issued share capital of Pinnacle. The purchase price of C$11.30 per share values the fully diluted equity of Pinnacle at C$385m (£226m), with an implied enterprise value of C$741m, including C$356m of net debt. Pinnacle is a key supplier of wood pellets for Drax and other third parties in Asia and Europe, with C$6.7bn of contracted sales. The deal is set to add 2.9 million tonnes of biomass production capacity to the group and significantly reduce its average cost of production. A circular in relation to the acquisition has now been published.”
paulo435
15/3/2021
15:44
It's because I sold last week ;0)
cassini
15/3/2021
15:10
Any idea what is behind that rise Castleford?
boozey
15/3/2021
12:29
BOOM Up 10% Tiger
castleford tiger
10/3/2021
17:52
Castleford Tiger, I bought DGOC (Diversified Gas and Oil) shares with my DRX profits. We'll see if that turns out to have been a good idea. Growth prospects are modest but the divi is high. Usually my selling a share gives it an extra upward impetus ;0)
cassini
09/3/2021
18:32
good luck and pop in to see how we are doing
castleford tiger
04/3/2021
15:23
Sold at 388p earlier this week. Drax has a decent divi considering my much lower buy price but in the end, what with the (more than) total recovery from the lows I have decided to see if my money can be better put to work in another share.
cassini
11/2/2021
03:48
Over 400p, new closing high and highest price since the beginning of 2019.
cassini
08/2/2021
12:31
Thank you scotches believe it or not I was going to sell up here today , I am well in profit but have noticed lately it is doing nothing, my age is against me I am 82 years old , when you talk of 2027 it’s possible I won’t be around anymore, I will hang on for now thanks to you, good luck,
alangriffbang
08/2/2021
11:46
hTTps://www.standard.co.uk/business/drax-power-station-canadian-biomass-green-energy-environment-b918941.html hTTps://www.proactiveinvestors.co.uk/companies/news/940629/draxties-up-canadian-biomass-purchase-to-turn-it-carbon-zero-by-2030-940629.html hTTps://www.bioenergy-news.com/news/drax-group-to-acquire-pinnacle-renewable-energy/ Drax, once the UK's most polluting coal-fired power station, today accelerated its push into green, biomass power generation by buying a major Canadian wood pellet producer for £226 million. The UK's largest power station is set to switch off its two remaining coal generating units in March and move to entirely burning biomass, which comes in the form of wood pellets from sustainable forestry. Today's deal to buy Pinnacle Renewable Energy is key to the project as it will massively increase its supply and cut its costs because the business it is buying is more efficient than Drax's existing resources in the Deep South of the US. Drax has to get its costs down because in 2027 the government will stop providing subsidies to fund its green transition.
scotches
Chat Pages: 182  181  180  179  178  177  176  175  174  173  172  171  Older
ADVFN Advertorial
Your Recent History
LSE
DRX
Drax
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210613 13:31:07