|Bid||7.20 x 30000|
|Ask||7.30 x 30000|
|Day's Range||6.80 - 6.80|
|52 Week Range||1.23 - 21.44|
|Beta (5Y Monthly)||2.23|
|PE Ratio (TTM)||6.49|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar. 14, 2019|
|1y Target Est||N/A|
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
South African petrochemicals giant Sasol said on Wednesday it would sell its indirect interest in the Escravos gas-to-liquids (EGTL) plant in Nigeria to Chevron for an undisclosed sum. The world's top manufacturer of motor fuel from coal said it would continue to support Chevron in the performance of the EGTL plant through ongoing catalyst supply, technology and technical assistance. The company said other sale processes, including its interests in the Republic of Mozambique Pipeline Investment Company pipeline and Central Termica de Ressano Garcia gas-fired power plant in Mozambique, are well underway.
Prime Minister Justin Trudeau said Norway’s decision to blacklist four Canadian oil firms from its massive US$1 trillion sovereign wealth fund underscores the growing importance of climate change risk to global investors.
Chemical and energy firm Sasol led a race to the bottom on Monday (March 9) as South African stocks plunged to a more than four-year low. Shares in Sasol itself sank more than 44% to a six-and-a-half year low amid a global sell-off in riskier assets. That came after oil prices plummeted by as much as a third on Monday as Saudi Arabia and Russia indicated they both intend to hike crude production whilst maintaining or cutting prices in a market already awash with oil. But the decline in the Johannesburg All-Share Index and Top 40 Index was also compounded by fears that the impact from the fast-spreading coronavirus will intensify. South Africa confirmed its first case on Thursday (March 5) - and by the weekend officials had announced two further cases. Mining stocks also took a hit as silver, palladium, platinum and gold prices fell and the mining index slumped over seven percent.