You are here

Prices & Quotes - UK Markets - Drax Group (DRX)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Down 440.00p
Change Today:
-4.00p
Market Cap:
1,753.46m
Sector:
Electricity

IEA: Governments need carbon storage tech to meet energy goals

By Caoimhe Toman

Date: Thursday 24 Sep 2020

LONDON (ShareCast) - (Sharecast News) - The International Energy Agency said that without carbon capture, utilisation and storage programs it will be impossible for governments and large companies to meet targets for the reduction of greenhouse gases.
It called for global governments and major polluters to take urgent action to develop technologies to capture and store carbon emissions or it will be "virtually impossible" to reach climate goals .

The global energy watchdog added that CCUS projects should be central to the fight against climate change and the reduction of air pollution alongside the electrification of economies and the shift to renewable energy sources.

Fatih Birol, the IEA's executive director, said the process is "critical" in the transition from fossil fuels to cleaner energy alternatives. "Without it, our energy and climate goals will become virtually impossible to reach," he said.

The IEA also highlighted the "significant potential" of direct carbon capture schemes but said that they currently have very high costs.

There are only 20 projects in commercial use worldwide but more are gaining pace, said the IEA.

"Action from governments will be essential for establishing a sustainable and viable market for CCUS," Birol said. "But industry must also embrace the opportunity. No sector will be unaffected by clean energy transitions - and for some, including heavy industry, the value of CCUS is inescapable."

In the UK, energy companies such as National Grid, Drax and Equinor put forward last year plans for the first carbon neutral "industrial cluster" in the Humber that would be capable of capturing carbon.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Drax Group Market Data

Currency UK Pounds
Price 440.00p
Change Today -4.00p
52 Week High 454.20p
52 Week Low 212.40p
Volume 389,889
Shares Issued 398.51m
Market Cap 1,753.46m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
Income
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
P/E
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
PEG
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Dividend Yield
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
EPS Growth
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Operating Margin
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector

What The Brokers Say

Strong Buy 8
Buy 0
Neutral 2
Sell 0
Strong Sell 0
Total 10
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Drax Group Dividends

  Latest Previous
  Final Interim
Ex-Div 22-Apr-21 20-Aug-20
Paid 14-May-21 02-Oct-20
Amount 10.30p 6.80p

Trades for 11-Jun-2021

Time Volume / Share Price
16:35 475 @ 440.00p
16:35 467 @ 440.00p
16:35 353 @ 440.00p
16:35 1,662 @ 440.00p
16:35 198,459 @ 440.00p

Drax Group Key Personnel

Chair Philip Cox
CEO Will Gardiner
CFO Andy Skelton