Drax Group Plc engages in the renewable power generation. The company is headquartered in Selby, North Yorkshire and currently employs 3,243 full-time employees. The company went IPO on 2005-12-20. The firm is engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. Its segments include Pellet Production, Generation, and Customers. The Pellet Production segment is engaged in the production and subsequent sale of biomass pellets at the Group’s processing facilities in North America. The Generation segment includes its power generation activities in the United Kingdom. The Customers segment is engaged in the supply of electricity and gas to non-domestic customers in the United Kingdom. The company also operates a generation portfolio of sustainable biomass, hydro-electric and pumped hydro storage assets across four sites in England and Scotland. The company also operates a bioenergy supply business with manufacturing facilities at 13 sites in the United States and Canada. The company also offers installation and maintenance of electric vehicle (EV) charge points.
Follow-Up Questions
What is the price performance of DRXGY stock?
The current price of DRXGY is $19, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Drax Group PLC?
Drax Group PLC belongs to Utilities industry and the sector is Utilities
What is Drax Group PLC market cap?
Drax Group PLC's current market cap is $6.5B
Is Drax Group PLC a buy, sell, or hold?
According to wall street analysts, 10 analysts have made analyst ratings for Drax Group PLC, including 4 strong buy, 7 buy, 4 hold, 0 sell, and 4 strong sell
