Drax Group

Drax Group operates an integrated value chain across three principal areas of activity: sustainable wood pellet production, which produces wood pellets from sustainable low-value commercial forestry residues for use in the generation of low-carbon electricity; electricity generation, which produces low-carbon electricity from sustainably sourced wood pellets and provides system support services to the electricity grid from biomass and coal generation; and energy sales and services to business customers, which supplies low-carbon energy solutions as well as power, gas and services to industrial, corporate and small businesses.
  • TickerDRX
  • ISINGB00B1VNSX38
  • ExchangeLondon Stock Exchange
  • SectorElectricity
  • CountryUnited Kingdom

With a more favourable environment, DRAX GROUP improves to Slightly Positive

DRAX GROUP (GB), a company active in the Conventional Electricity industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date October 9, 2020, the closing price was GBp 291.20 and its potential was estimated at GBp 350.30.

Drax Group: 1 director bought

A director at Drax Group bought 60,902 shares at 272p and the significance rating of the trade was 71/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board member...

MarketLine Department

Rurelec Plc - Mergers & Acquisitions (M&A), Partnerships & Alliances And Investments

Summary Marketline's Rurelec Plc Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Rurelec Plc since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Highlights...

Philip Morrish

Value Indicator - UK Utilities 30122019

Currently '(TM) Value Indicator - UK Utilities Sector' is a value analysis of the Telecoms & Utilities sectors of quoted companies on The London Stock Exchange's Main market that provides the user with indicative long-term target prices. The publication is also available on request at

Philip Morrish

Value Indicator - UK Main Market 30122019

Currently '(TM) Value Indicator - Main Market' is a value analysis of the Basic Resources, Construction & Materials, Telcoms and Utilities sectors of quoted companies on The London Stock Exchange's Main market that provides the user with indicative long-term trading indicators and indicative target prices. The publication is also available on request at

Drax Group: 1 director bought

A director at Drax Group bought 60,902 shares at 272p and the significance rating of the trade was 71/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board member...

MarketLine Department

Rurelec Plc - Mergers & Acquisitions (M&A), Partnerships & Alliances And Investments

Summary Marketline's Rurelec Plc Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Rurelec Plc since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Highlights...

MarketLine Department

Statkraft AS - Strategy, SWOT and Corporate Finance Report

Summary Statkraft AS - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360Ëš view of the company. Key Highlights Statkraft AS (Statkraft or 'the company'), wholly-owned by the Norwegian state, is a renewable energy company that develops and produces hydropower, wind power, gas power, and district heating. The company offers services to various regions including Norway, Sweden, the UK, Germany and other c...

Drax Group Plc (DRX) - Power - Deals and Alliances Profile

Summary Drax Group plc (Drax) is a biomass-fuelled electricity generator, which generates electricity from coal and biomass. It operates across three principal areas of activity, electricity generation; electricity sales to business customers; and compressed wood pellet production. The company operates one of the largest power stations in the UK. Drax includes Drax Power; Drax Biomass Inc.; Haven Power; and Opus Energy. It sources biomass pellets from the US, Canada, Latvia, Estonia, Portugal, the UK, Lithuania, Poland, Germany, Spain, and South Africa; and operates biomass compressed wood pe...

QuickView: Light at the end of the tunnel for biomass

Drax’s sharp drop in H1 EBITDA to £70m from £120m, while disappointing, was well flagged by management and signposted by commodity moves. Of far more interest, we believe, are the impending regulatory changes that will modify Drax’s earnings profile. The company expects to hear about state aid on contracts for difference (CFDs) this autumn. This will mark a continuation of Drax’s transformation from its historic earnings sensitivity to swings in electricity, coal and carbon prices to a more stable, regulated earnings profile. Provided the regimes introduced are profitable, we believe r...

With a more favourable environment, DRAX GROUP improves to Slightly Positive

DRAX GROUP (GB), a company active in the Conventional Electricity industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date October 9, 2020, the closing price was GBp 291.20 and its potential was estimated at GBp 350.30.

Philip Morrish

Value Indicator - UK Utilities 30122019

Currently '(TM) Value Indicator - UK Utilities Sector' is a value analysis of the Telecoms & Utilities sectors of quoted companies on The London Stock Exchange's Main market that provides the user with indicative long-term target prices. The publication is also available on request at

Philip Morrish

Value Indicator - UK Main Market 30122019

Currently '(TM) Value Indicator - Main Market' is a value analysis of the Basic Resources, Construction & Materials, Telcoms and Utilities sectors of quoted companies on The London Stock Exchange's Main market that provides the user with indicative long-term trading indicators and indicative target prices. The publication is also available on request at

Philip Morrish

Value Indicator - UK Utilities 23122019

Currently '(TM)Value Indicator - UK utilities' is a value analysis of hte Telecoms and Utilities sectors of quoed companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Main Market 23122019

Currently '(TM)Value Indicator - UK main market' is a value analysis of the Basic Resources, Construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term tagrte prices.

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