Drax Group plc (DRXGF) Stock

About Drax Group plc

Drax Group plc, established in 2005 and headquartered in Selby, UK, specializes in renewable power generation across the United Kingdom. The company's activities are organized into three key segments: Generation, Customers, and Pellet Production. The Generation segment is responsible for delivering dispatchable, renewable electricity and crucial system support to the national grid. The Customers segment provides energy management services and non-generation system support. Through its Pellet Production segment, Drax supplies low-carbon fuel. The company's substantial asset portfolio includes the 2,000-megawatt Drax Power Station located in Selby, North Yorkshire, and the 440-megawatt Cruachan pumped hydro storage station in Argyll and Bute. Furthermore, Drax operates hydroelectric power stations in southwest Scotland (Lanark and Galloway) with a combined capacity of 126 megawatts. Beyond power generation, Drax also owns the Daldowie fuel plant, where sludge is converted into dry, low-odour fuel pellets. The company also manufactures and sells compressed wood pellets and is a supplier of renewable electricity.

Drax Group plc is headquartered in GB.

Drax Group plc (DRXGF) stock trades at $9.78 with a market capitalization of $3.29B. The stock is valued at a price-to-earnings (P/E) ratio of 29.13, price-to-book of 1.98, price-to-sales of 0.49. Over the past 52 weeks the stock has ranged between $7.50 and $12.75, and currently trades 23.3% below its 52-week high. It pays a dividend yielding 5.90%.

On profitability, Drax Group plc generates a return on equity (ROE) of 3.94%, return on capital employed of 17.90%, an operating margin of 10.35%, a net profit margin of 1.35%.

Official website: www.drax.com