Drax - DRX - Share Chat

Drax is an energy firm that supplies electricity throughout the UK. Their key goals are to work toward a zero carbon, low cost energy system that gives customers a greater control of their energy.

Drax are my best buy so far. 50% up since I bought. Wishing I’d purchased more at the low price. Think I will keep buying though as dividends promising, and still room for growth!

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Not investment advice.

Update to the H&S investigation

The market likes todays trading update. article from sharecast.

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Looks like Drax’s CEO response statement about the BBC documentary might be turning the tide for Drax once again. Fingers crossed! A statement from Drax Group CEO, Will Gardiner on Drax's biomass sourcing - Drax Global

Was there a div payment today all I can see is the previous from months ago? Just wondering why the huge drop was 6% up yesterday now 7+% down?

I don’t think Drax has any dividend scheduled until next May?

Ahh well that was a heavy hit today then :slight_smile:

I think it was the energy sector in general that was down yesterday because the oil and gas prices look like they will be lower going forward.

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Weird how Drax gets effected as much when it uses wood pellets but I guess it has a butterfly effect.

Drax plots share buyback after emissions project is put on hold

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Drax looks to America as it takes advantage of green tax breaks