Drax Group (DRXGY) Stock Price, News & Analysis

Company Overview

Drax Group is a leading renewable energy company focused on power generation and sustainable biomass production. Headquartered in Selby, North Yorkshire, England, the company operates Europe’s largest decarbonization project at Drax Power Station, which has transitioned from coal to low-carbon biomass. In addition to its core generation assets, Drax Group provides balancing services and system support to the UK electricity grid, helping to maintain network stability and reliability.

The company’s biomass division includes pellet mills and production facilities across the southeastern United States, where Drax Group manufactures sustainable wood pellets from responsibly managed forests. These pellets are then shipped to the UK to fuel the converted units at its North Yorkshire plant, supporting the company’s ambition to reduce carbon emissions and promote renewable energy solutions. Drax Group also has interests in pumped storage and hydro power, exemplified by its involvement in projects such as Cruachan Power Station in Scotland.

Founded around the development of Drax Power Station—which first began generating electricity in the mid-1970s—Drax Group plc was listed on the London Stock Exchange in 2005. Over the years, the business has evolved from traditional coal-fired generation into a diversified power company with a clear strategic focus on sustainability and net-zero targets. Its operations span the UK electricity market and the global biomass supply chain, reflecting an integrated approach to energy production and environmental stewardship.

Drax Group is led by Chief Executive Officer Will Gardiner, under whose guidance the company has pursued investments in renewable technologies and carbon reduction initiatives. The board and executive team are committed to advancing Drax’s transition to cleaner energy, with ongoing research into carbon capture and storage, digital grid services, and other innovative solutions designed to support the UK’s clean energy transition.

Key Stats

• Today's Range: $18.61 to $18.75
• 50-Day Range: $17.16 to $20.00
• 52-Week Range: $14.24 to $20.00
• Volume: 6,442 shs
• Average Volume: 1,060 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 1.68%
• Price Target: N/A
• Consensus Rating: N/A

DRXGY Stock Analysis - Frequently Asked Questions

How have DRXGY shares performed this year?

Drax Group's stock was trading at $16.10 at the beginning of the year. Since then, DRXGY shares have increased by 16.5% and is now trading at $18.75.

How do I buy shares of Drax Group?

Shares of DRXGY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Utilities
• Industry: Utilities - Renewable
• Sub-Industry: Personal Services
• Current Symbol: OTCMKTS:DRXGY
• CIK: N/A
• Web: www.drax.com
• Phone: 441757618381
• Fax: N/A
• Employees: 3,551
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A