Last 627.50 GBp
Change Today -1.00 / -0.16%
Volume 576.0K
As of 11:35 AM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

drax group plc (DRX) Snapshot

Open
630.00 GBp
Previous Close
628.50 GBp
Day High
636.50 GBp
Day Low
626.00 GBp
52 Week High
01/30/14 - 829.50 GBp
52 Week Low
05/21/14 - 583.50 GBp
Market Cap
2.5B
Average Volume 10 Days
1.1M
EPS TTM
-0.30 GBp
Shares Outstanding
404.8M
EX-Date
09/24/14
P/E TM
--
Dividend
15.11 GBp
Dividend Yield
3.12%
Current Stock Chart for DRAX GROUP PLC (DRX)

Related News

No related news articles were found.

drax group plc (DRX) Related Businessweek News

No Related Businessweek News Found

drax group plc (DRX) Details

Drax Group plc, through its subsidiaries, is engaged in the generation and retail of electricity in the United Kingdom. The company owns and operates Drax Power Station, a coal-fired power station with a capacity of 3,960 megawatts located in Selby, North Yorkshire. It is also engaged in the provision of by-products of burning coal and flue gas desulphurization processes, which include gypsum and ash for use in the construction industry; and processing biomass for use in electricity production. In addition, the company sells renewables obligation certificates and levy exemption certificates; and provides ancillary services for national grid for balancing supply and demand or maintaining secure electricity supplies. It supplies electricity to retail customers in the small and medium enterprise, and industrial and commercial markets. The company is based in Selby, the United Kingdom.

1,204 Employees
Last Reported Date: 03/13/14

drax group plc (DRX) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: 1.3M GBP
Finance Director and Director
Total Annual Compensation: 814.0K GBP
Production Director, Director and Member of H...
Total Annual Compensation: 670.0K GBP
Director of Retail & Trading and Director
Total Annual Compensation: 564.0K GBP
Compensation as of Fiscal Year 2013.

drax group plc (DRX) Key Developments

Drax Group Plc Announces Interim Dividend, Payable on October 10, 2014

Drax Group Plc announced an interim dividend of 4.7 pence per share. The ordinary shares marked ex-interim dividend on 24 September 2014 and record date for entitlement to the interim dividend is 26 September 2014. The payment date of the interim dividend will be on 10 October 2014.

Drax Group plc Announces Dividend for the First Half of 2014

Drax Group plc announced that it is to distribute 50% of underlying earnings as a dividend in each period, which in turn drives the dividend to the half year of 4.7 pence per share.

Drax Group plc Announces Consolidated Unaudited Earnings Results for the Six Months Ended June 30, 2014; Provides Tax Rate Guidance for the Year 2014

Drax Group plc announced consolidated unaudited earnings results for the six months ended June 30, 2014. For the period, the company reported revenue of GBP 1,256.5 million against GBP 918.5 million a year ago. EBITDA was GBP 101.9 million against GBP 120.0 million a year ago, year on year reduction reflects increasing cost of UK carbon tax. Operating profit was GBP 4.5 million against GBP 213.6 million a year ago. Loss before tax was GBP 10.8 million against profit before tax of GBP 205.6 million a year ago. Loss for the period attributable to equity holders was GBP 6.7 million against income for the period attributable to equity holders of GBP 163.9 million a year ago, due to the increasing expense of the UK government's carbon tax. Underlying profit for the period was GBP 38 million against GBP 69.7 million a year ago. Loss per diluted share was 2 pence against earnings per diluted share of 40 pence a year ago. Net cash from operating activities was GBP 48.6 million against GBP 110.9 million a year ago. Purchases of property, plant and equipment was GBP 120.3 million against GBP 133.2 million a year ago. Underlying earnings attributable to equity holders of the company was GBP 38 million against GBP 69.7 million a year ago. Underlying earnings per diluted share were 9 pence against 17 pence a year ago. Net debt as at June 30, 2014 was GBP 37.7 million. Capital investment was GBP 123 million. The company announced that it expects full year 2014 tax rate on underlying profits to be close to or just below standard corporate rate. Capital investment guidance unchanged at GBP 200 million. Depreciation charges will be in the range of GBP 80 million to GBP 85 million.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
DRX:LN 627.50 GBp -1.00

DRX Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Falck Renewables SpA €1.13 EUR -0.008
Infinis Energy Plc 215.80 GBp -4.90
TGK-9 OAO 0.0024 RUB 0.00
RusHydro JSC 0.69 RUB +0.0103
Volga Territorial Generating Co 1.47 RUB -0.0138
View Industry Companies
 

Industry Analysis

DRX

Industry Average

Valuation DRX Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.0x
Price/Book 1.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact DRAX GROUP PLC, please visit www.draxgroup.plc.uk. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.