Results due soon electricity prices only fell slightly recently boith DRX and BGY very volotile as brokers continue to change their minds i'm in and staying with good growth and 5%= yield protecting price

Results due 8/3 so expect some gains running up to that......


Drax Group PLC
01 February 2007


1 February 2007


DRAX GROUP PLC
('Drax')
(Symbol:DRX)

NOTICE OF RESULTS

Further to the reference made in the Trading Update released on 13 December
2006, Drax confirms that it will be announcing its preliminary results for the
year ended 31 December 2006 on Thursday 8 March 2007.

Drax also advises that the date set for its 2007 Annual General Meeting is
Thursday 26 April 2007.

Drax Group Plc - Holding(s) in Company
RNS Number:7194R
Drax Group PLC
22 February 2007

22 FEBRUARY 2007

DRAX GROUP PLC
('Drax' or the 'Company')
Symbol: DRX

NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of Issuer

Drax Group plc

2. Reason for notification

An acquisition or disposal of voting rights

3. Full name of person(s) subject to the notification obligation

Amvescap plc

4. Full name of the shareholder(s) (if different from 3 above)

-

5. Date of the Transaction

21 February 2007

6. Date on which issuer notified

22 February 2007

7. Threshold(s) that is /are crossed or reached

19%

8. Notified Details

(A) Voting Rights Attached to shares
Number of Voting Rights (InDirect) - 70,198,112
% of Voting Rights (InDirect) - 19.02%

(B) Financial Instruments
-

Total (A)+(B)
Total number of Voting Rights - 70,198,112
Total % of Voting Rights - 19.02%


9. Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held

ABN Amro Bank 151,947
Bank of Ireland 952,436
Bank Austria (Frankfurt) 58,274
Banque Paribas 126,057
BNP Paribas Jersey 110,016
Credit Agricole Indosuez (Luxembourg) 79,988
Chase Nominees 1,113,197
Vidacos Nominees 56,376,439
Deutsche Apothecar Und Aerzte 11,312
Dresdner Bank (Frankfurt) 16,104
Erst Bank (Vienna) 29,737
HSBC 1,149,377
Kommunak Kredit Deportbank AG (Austria) 12,796
Mellon Bank (Pittsburgh) 553,267
B.Metzler seel.Sohn & Co.KG (Frankfurt) 128,712
Morgan Stanley (London) 31,950
Santander Central Hispanio Investment 22,718
State Street London 8,217,047
Northern Trust Company (London) 1,015,838
Westdeutsche Genossensschafts Zentralbank 33,956
Westlandebank Dusseldorf 6,944


Proxy Voting

10. Name of Proxy holder

-

11. Number of voting rights proxy holder will cease to hold

-

12. Date on which proxy holder will cease to hold voting rights

-

13. Any additional information

All figures in boxes 7, 8 and 9 are based on shares in issue and voting rights
attached thereto of 368,921,151 ordinary shares of 11 1/29 pence each.

14. Name of contact and telephone number for queries

Phil White (01757 612167)

15. Name and signature of authorised company official responsible for making
this notification

Peter Rothwell, Company Secretary

- ENDS -



This information is provided by RNS
The company news service from the London Stock Exchange

END
HOLZLLFLDLBEBBQ




Consolidated regulatory news feed supplied by AFX

Drax FY EBITDA up 144 pct to 583 mln stg UPDATE
AFX


(Adds pretax and fuel costs)

LONDON (AFX) - Drax PLC, operator of the biggest coal-fired power plant in the UK, has unveiled full-year results showing EBITDA up 144 pct to 583 mln stg.

The surge in profits prompted a special dividend of 32.9 pence per share, on top of the final ordinary dividend of 9.1 pence per share. Total dividend for the year was therefore 134.7 pence per share.

Drax pledged to improve plant efficiency by 40 pct and confirmed its target of 10 pct output to be produced from biomass by 2009.

Including exceptional gains for this year, pretax profits were up even more to 634 mln stg, compared to 263.6 mln stg last year.

Fuel costs in respect of generation in the year to Dec 31, 2006 were 548 mln stg, compared to 460 mln stg in 2005. The difference was due to increased generation, the impact of higher prices for CO2 emissions allowances, and an increase in the cost of coal and other fuels.

newsdesk@afxnews.com

based on the dividend flow its worth more than 10 next years results will be good too as electricity prices not come down as much as GAS

so why the fall ????????????

nice to see it back above 800p it seems to be motoring again mainly on the back of oil prices i imagine

I was in this at the beginning after reading a hugely positive article in the Investors chronicle a while back but I sold because i think there will be a backlash against polluters like Drax and ive seen too many references to it recently (With regard to CO2 emissions etc).
Of course that wont stop its money making ability for the next few years but thats why im out - this is of course not everyones view.

shares magazine suggested it was one of their top takeover targets last week

might just happen now rumours of centric/gazprom looking at bidding expect 10 to be about right ?

absolute steal at this level with talk of take over and oil prices going through the roof ????

agreed gordon, projected EPS make this the best div paying share in ftse, as oil goes higher and higher this share will benefit and anyone wanting to takeover a power station don't have much to choose from so clearly a takeover favourite.

i bought more yesterday and the day b4

the divi's may be strong but you're forgetting about the global turmoil. Credit crunch and all that? There arent going to be as many people interested in buying Drax as before since they dont have as much money. Also still a huge polluter and the backlash is just around the corner

you think centrica and gazprom have no money and couldnt fund this from their own funds ??? i'm not taking of private equity ....they might be a polluter but they are doing a good job and minimizing the impact and producing around 12% of the UK electricity consumption shouldnt be taken lightly ?

well Drax certainly isnt cheap and Centrica is more of a target itself from Gazprom.

Electricty prices are certainly going higher though - but still I don't think coal is the future of fuel and wouldnt be suprised to see the shares hold their SP without making too much progress

oil/gas isnt going to be here forever either and people would say power now is more important than the environment later ??

Seems to be sticking around the 700p level at the moment

I would not say that. I mean how can you?
You disregard future generations rights to a normal life by polluting and critically damaging the atmosphere for power that can be achieved by many other means.
The ?? just makes your point all the more strange. Do you work at Drax?

Anyone still investing in this company?
Have just seen a couple of broker targets, one of which is dated today for 702p & one dated last week for 1045p (Gold Sachs).
The chart looks to be in an up trend & in todays market, utilities looks to be a relatively safe haven. No data on EPS or Div yield at present, but will post when available.

EDIT: PE 7.2, EPS 99.0, DIV Yeild 3.12.

The crack is starting to appear in Drax.

RNS Number : 3733S
Drax Group PLC
15 May 2009

('Drax Group' or 'Drax')

Symbol:DRX

Credit Rating Update


Standard & Poor's ('S&P') have today published their latest credit rating report with respect to Drax. In the report S&P have downgraded Drax Power's entity rating from BBB- to BB+ and Drax Group's debt rating from BBB to BBB-, the latter of which remains investment grade. Both ratings retain their negative outlook.

S&P recognise that Drax Power Station is a critical asset within the UK's electricity generation portfolio since it is the most efficient coal-fired power station in the UK, providing 7% of the country's electricity. Drax is a highly cash generative business, supported by healthy dark green spreads and strong contracted positions for 2010 and beyond. We expect it to remain so under all reasonable scenarios following the commencement of Phase 3 of the EU Emissions Trading Scheme in 2013. We are therefore disappointed with the S&P assessment that our business risk has increased to a level that merits a ratings downgrade.

However, in practical terms, the maintenance of an investment grade debt rating is the more important assessment. Our current trading arrangements remain in place and we will continue to progressively hedge our output in line with our existing trading strategy. Regarding business financing, we have low levels of debt which mature in December 2010 and we intend to refinance in advance of that date.

423p... DRX is dragging on its feet.