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Theme

Drax Group

DRXUtilities
832.50GBX
-0.30%
Market Cap
2.83B
Volume
179.36k
15% of avg
P/E Ratio
1127.16
EPS (TTM)
0.74
Beta
0.78
Day Range
830.00p - 837.50p
52 Week Range
534.50p832.50p839.50p
832.50p

Upcoming Events

Q1 2026
Completion of third BESS project
High Impact Event
Late 2026
Expected start of operations for new facility processing pulverised fuel ash
High Impact Event
26 February 2026
Drax to report full year results
High Impact Event
2027
Drax to commence new CfD agreement for biomass generation
High Impact Event
April 2027
Start of new CfD contract period
High Impact Event
Late 2028
Expected completion of extended £450 million share buyback programme
High Impact Event
October 2028
Start of capacity market agreements
High Impact Event
September 2029
End of 434MW capacity market agreements
High Impact Event
2031
Drax targets over 1GW of data centre capacity
High Impact Event
March 2031
End of new CfD contract period
High Impact Event
September 2043
End of 24MW Glenlee refurbishment capacity market agreements
High Impact Event
DRX
NEUTRAL

Drax Group Announces Major Shareholding Change

The utility company has reported a change in major shareholding, with BlackRock, Inc. now holding a 5.19% stake in the business.

DRX
NEUTRAL

Drax Group Announces Regulatory Notification

The utility company has received a regulatory notification regarding a change in shareholding.

DRX
VERY GOOD

Drax Delivers Strong Performance, Expects Top-End 2025 Adj. EBITDA

The utilities company delivers a strong performance, with expectations for 2025 Adj. EBITDA to be around the top end of consensus estimates.

DRX
GOOD

Drax Secures Low-Carbon Dispatchable CfD Contract with UK Government

The major renewable energy provider has secured a long-term contract with the UK Government to operate its biomass power station, supporting the country's energy security.

DRX
VERY GOOD

Drax Expands Flexible Generation Portfolio with 260MW BESS Acquisition

The major renewable energy company has signed an agreement to acquire a 260MW battery energy storage system portfolio, strengthening its flexible generation capabilities.

DRX
NEUTRAL

Drax Completes £300m Buyback, Starts £450m Extension

The major utility company has completed a £300m share buyback and is now starting a £450m extension of the program.

DRX
NEUTRAL

Drax Group Announces Change in Shareholding

The renewable power company has announced a change in shareholding, with BlackRock, Inc. now holding over 5% of the company's voting rights.

DRX
NEUTRAL

Drax Group Announces Change in Shareholding

The utility company has announced a change in shareholding, with BlackRock's stake falling below 5%.

DRX
NEUTRAL

Drax Group Announces Regulatory Threshold Crossing by BlackRock

The utility company has announced that investment manager BlackRock has crossed the 5% voting rights threshold in the business.

DRX
NEUTRAL

Drax Group Announces Director/PDMR Shareholding

The utility company has announced the vesting of long-term incentive plan shares for a senior executive.