|Bid||16.65 x 1000|
|Ask||16.67 x 800|
|Day's Range||16.55 - 16.73|
|52 Week Range||2.79 - 16.73|
|Beta (5Y Monthly)||2.78|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 14, 2019|
|1y Target Est||22.70|
South Africa said on Tuesday it had hit pockets of shale gas during test drilling in the semi-desert Karoo region. A decade ago the Karoo sparked intense interest from companies including Shell, Sasol and Falcon Oil & Gas, but farmers went to court to challenge any drilling in the ecologically-sensitive region, which saw enthusiasm wane amid regulatory uncertainty. "The first pocket of gas was intercepted at 1,734 metres with a further substantial amount intercepted at 2,467 meters spanning a depth of 55 metres," South African energy minister Gwede Mantashe said during his budget vote in parliament.
Sasol is pleased to announce that Sasol South Africa Ltd ("SSA"), a major subsidiary of Sasol, has concluded a sale and purchase agreement ("SPA") in terms of which SSA has agreed to sell a 30% interest ("Sale Shares") in ROMPCO to an acquisition vehicle beneficially owned by a consortium, comprising Reatile Group Proprietary Limited ("Reatile Group") and the IDEAS Fund managed by African Infrastructure Investment Managers Proprietary Limited ("IDEAS Fund") (collectively the "Reatile Consortium") (the "Proposed Transaction").
TechnipFMC (FTI) announces the sale of 25 million Technip Energies shares through a placement, which represents about 14% of the share capital of Technip Energies.