|Bid||33.35 x 800|
|Ask||33.45 x 800|
|Day's Range||32.94 - 33.33|
|52 Week Range||27.40 - 39.73|
|Beta (3Y Monthly)||0.61|
|PE Ratio (TTM)||31.75|
|Forward Dividend & Yield||0.98 (3.18%)|
|1y Target Est||31.13|
Oil and gas stocks represent such a significant portion of the energy sector that they are typically considered apart from other types of energy companies. Because oil exploration, production and distribution companies see their fortunes closely linked with the price of crude oil, it frequently makes more sense to consider these companies on their own in this fashion. The Organization of Petroleum Exporting Countries (OPEC) is likely the single largest determining factor when it comes to the oil market.
NANJING , China , April 23, 2019 /PRNewswire/ -- Sasol Limited (JSE: SOL) (NYSE: SSL), a leading integrated chemicals and energy company, reached beneficial operation of its new alkoxylation plant in Nanjing ...
JOHANNESBURG , April 18, 2019 /PRNewswire/ -- Sasol has published its production and sales performance metrics for the nine months ended 31 March 2019 on the Company's website at www.sasol.com , under ...
JOHANNESBURG, April 13, 2019 /PRNewswire/ -- Sasol has officially opened yet another colliery in its host province of Mpumalanga, where it beneficiates coal into high value fuel and chemical products at world scale. Meaning 'success' in isiZulu, Impumelelo is one of three world-class mines Sasol has constructed in the last decade as part of its R14 billion mine replacement programme and includes Thubelisha and Shondoni. The inauguration was attended by Minerals Resources Minister Gwede Mantashe.
JOHANNESBURG, April 11, 2019 /PRNewswire/ -- After serving as a member of the board of directors of Sasol (the Board) for 16 years, more than 5 of which as the Chairman of the Board, Dr. Mandla Gantsho informed the Board that he will retire from the Board with effect from the conclusion of Sasol's annual general meeting (AGM) on 22 November 2019. Mr. Njeke said: "On behalf of the Board, I express our sincere appreciation to Mandla for his valued leadership of the Board for more than five years and his contribution to Sasol for 16 years. Mandla has led Sasol through up and down global and local economic cycles as well as the execution of large capital projects that have faced challenges while clearly presenting strategic opportunities for the Company's growth.
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JOHANNESBURG , March 4, 2019 /PRNewswire/ -- Shareholders are referred to the separate class meeting of SOLBE1 shareholders and to the annual general meeting of holders of Sasol ordinary shares held on ...
JOHANNESBURG and MAPUTO, Mozambique, Feb. 28, 2019 /PRNewswire/ -- Sasol is pleased to announce the appointment of Ovidio Jose Sarmento Rodolfo as Country Director for Mozambique. Ovidio comes to Sasol with solid experience in the oil and gas industry in various engineering, managerial, commercial and leadership roles. Ovidio holds a degree in Mechanical Engineering and a Master's degree in Business Administration.
JOHANNESBURG , Feb. 25, 2019 /PRNewswire/ -- Sasol announced today that Mr Stephan Schoeman , the Group Executive Committee (GEC) member responsible for, among others, Sasol's Lake Charles Chemicals Project ...
Ltd. (SOL.JO) said Monday that net profit rose sharply in the first half of fiscal 2019. The South Africa-based petrochemical and energy company said it made a net profit for the six months to Dec. 31 of 14.74 billion South African rand ($1.04 billion), or ZAR23.76 a share, compared with ZAR6.90 billion, or ZAR 11.25 a share, in the year-earlier period. Sasol said core headline EPS--its preferred profit measure that strips out certain exceptional and one-off items--for the half rose 18% to ZAR21.45, in line with guidance of ZAR21.14 to ZAR21.86.
JOHANNESBURG , Feb. 25, 2019 /PRNewswire/ -- Financial performance Earnings per share up 112% to R23,92 EBITDA up 10% to R27 billion Core headline earnings per share up 18% to R21,45 Headline earnings ...
JOHANNESBURG, Feb. 21, 2019 /PRNewswire/ -- Sasol has entered into a Market Making Services Agreement (the "Agreement") with Ngonyama Capital, in terms of which Ngonyama Capital will purchase and sell SOLBE1 Shares in the open market with the objective of enhancing the value proposition of SOLBE1 Shares and increasing the liquidity of SOLBE1 Shares in the open market. Under the Agreement, which has been entered into for a period of three (3) years and which may be terminated on notice by either party, Ngonyama Capital will be the beneficial owner of SOLBE1 Shares and will buy and sell SOLBE1 Shares in the open market as a principal, for its own account and sole risk and independent of and without influence by Sasol. Ngonyama Capital will endeavour to purchase 100 000 SOLBE1 Shares in the open market within a period of six months from the date of this announcement.
LAKE CHARLES, La., Feb. 13, 2019 /PRNewswire/ -- Sasol today announced its new U.S. linear low-density polyethylene unit has achieved beneficial operations — the first of the seven LCCP production facilities to come online. "Reaching beneficial operations of our first LCCP unit is a defining moment in Sasol's history and a significant milestone in delivering on the promise of LCCP," said Mike Thomas, senior vice president of Sasol's North American Operations.
Sasol on Wednesday began production at the first of seven units at its giant Lake Charles chemical plant in the U.S, boosting shares in the South African petrochemical group. Shares in Sasol surged 4.7 percent to stand at 409 rand at 1251 GMT. Sasol, whose main business transforming coal to liquid fuel helped apartheid era South Africa side-step a 1980s oil embargo, expects the project to add $1.3 billion to its annual core earnings, or EBITDA, in the 2022 fiscal year.
Ltd. (SOL.JO) said Friday that earnings per share and headline earnings per share in the first half of fiscal 2019 are forecast to be higher than expected, as a result of valuation adjustments. Headline EPS for the first half of the financial year is expected in a range of ZAR22.97-ZAR23.68, Sasol said. Capital costs were forecast to be around $11.13 billion but are now seen in a range of $11.6 billion-$11.8 billion, the company said.
JOHANNESBURG , Feb. 8, 2019 /PRNewswire/ -- Shareholders of Sasol are referred to the Company's trading statement released on the Stock Exchange News Service (SENS) on 21 November 2018 (Announcement), ...
A total of 16 upstream energy players have applied for exploring one or more of the five prospective blocks, located off the coast of Ghana.
Sasol is expected to deliver a solid set of results, underpinned by higher Brent crude oil and product prices, a weaker average rand exchange rate, a satisfactory performance of its global assets and much lower remeasurement items during the six months ending 31 December 2018. Headline earnings per share (HEPS) for the six months ending 31 December 2018 are expected to increase by between 12% and 29% (approximating R2,12 to R5,12 per share) compared to the prior period HEPS of R17,67. Earnings per share (EPS) for the same period are also expected to increase by between 80% and 100% (approximating R9,03 to R11,29 per share) from the prior period EPS of R11,29.