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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
  -10.00 -1.85% 530.50 530.00 531.00 550.50 527.50 550.50 504,100 16:16:42
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electricity 4,235.0 -234.7 -39.8 - 2,116

Drax Share Discussion Threads

Showing 4326 to 4349 of 4550 messages
Chat Pages: 182  181  180  179  178  177  176  175  174  173  172  171  Older
DateSubjectAuthorDiscuss
16/12/2019
22:03
https://www.theguardian.com/environment/2019/dec/16/converting-coal-plants-to-biomass-could-fuel-climate-crisis-scientists-warn
zcaprd7
21/11/2019
13:52
hTTps://www.drax.com/investors/investment-programme-in-biomass-capacity-expansion-and-cost-reduction/ Will Gardiner, Drax Group CEO said: “Drax’s purpose is to enable a zero-carbon lower cost energy future. We believe sustainable biomass has a long-term critical role to play. That’s why we plan to supply 80 percent of our biomass from our own sources – a significant increase on the 20 percent we currently self-supply. Supplying more of our own biomass will cut costs and reduce supply chain risks, ensuring our biomass power generation remains viable in the long term. When combined with carbon capture it will also enable negative emissions, helping the UK on its path to net zero by 2050.”
scotches
05/11/2019
19:59
FT Oct 28 HSBC upgraded Drax, the power station owner, from “hold” to “buy” with a 360p target price. The upgrade came after the European Commission last week confirmed that a UK power capacity market scheme complied with EU state rules. The European Court of Justice had ordered the suspension of the capacity market in mid November to review its legality. Companies that missed out on historical payments would be refunded, the UK government said. “This is a significant reduction in 2019 earnings uncertainty for Drax,” said HSBC. The £75m of 2019 capacity payments due to the company compared with an operating earnings target of about £410m, the broker said. The return of the capacity market would also clear the fog around Drax’s expansion plans, in particular whether a new fleet of gas-fired turbines would be economic, it added.
scotches
25/10/2019
06:28
UK power generators are set for a £1bn Christmas bonus after the European Commission ruled on Thursday that the country’s controversial electricity back-up system did not break EU state aid rules.
trader2
09/10/2019
10:02
any news? why down again at today ?
jdung
07/10/2019
17:49
"But in a letter, Andrea Leadsom, Secretary for Business, Energy and Industrial Strategy, said the other projects might not go ahead." It would be nice to know what these projects are.
minerve 2
07/10/2019
17:40
https://www.bbc.co.uk/news/business-49960817 Drax: Block on power station development overruled
minerve 2
07/10/2019
08:48
Back to £4 once official confirmation is given for the funding.
123gmtrader
04/10/2019
15:05
Whats the news?
jen36
04/10/2019
14:59
Thanks scotches. :)
minerve 2
04/10/2019
14:27
Is the ruling due out with positive news??????
minerve 2
04/10/2019
14:26
maybe technical bounce? something been leaked
1he patriot
04/10/2019
14:24
what happened here?
1he patriot
04/10/2019
14:22
Hello, have I missed something?
minerve 2
20/9/2019
17:46
Decent £10M purchase today. Might be on upward trend :-) Has been oversold IMO, but what does a runt know?
the runt
24/7/2019
13:40
6 of which 4 are bio mass and 2 coal tiger
castleford tiger
07/7/2019
00:55
Am i right in thinking Drax have eight turbines, 6 of which are bio mass burning (2 coal). They plan to convert the last two to burning gas. This may be part of the problem for drax their two remaining turbines are earning them very little income as far as I can see. Just look at how much coal is been burnt for energy, its partial nothing now in summer months. The sooner they convert to gas the better. Grid watch is a good place t o watch coal at practically zero output.
lastoleave
25/6/2019
21:13
I do know better.
minerve 2
25/6/2019
21:08
Yes, but you keep saying chimps, like you know better?I studied environmental economics and planetary science at UCL, so I'm not a retard.
zcaprd7
25/6/2019
17:51
Some of us know exactly what the situation is. If you don't like it, if you think it is hypocritical, don't invest. No one is requesting you to do so. Cattle/beef production is one of the worst sectors for global warming. So is pet food production. The CHIMPS will scream about Drax whilst they drive to Wetherspoons cuddling their lycra clad poodles.
minerve 2
25/6/2019
17:42
Bit rude - I'm just trying point out that their business is selling energy, and they've decided to burn wooden pellets, shipped across the Atlantic, to boil a large kettle...
zcaprd7
25/6/2019
15:24
Give it a rest CHIMP.
minerve 2
25/6/2019
15:20
Gas isn't carbon neutral, and they have to compete with that? Also, cattle are quite useful, as you can eat them...
zcaprd7
25/6/2019
15:18
And logs are full of water, and extremely ineffecient to move around and then burn, let alone convert into electricity, and then transmit that electricity...
zcaprd7
Chat Pages: 182  181  180  179  178  177  176  175  174  173  172  171  Older
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