|Bid||7.48 x 1000|
|Ask||7.49 x 4000|
|Day's Range||7.43 - 7.86|
|52 Week Range||1.25 - 22.73|
|Beta (5Y Monthly)||2.30|
|PE Ratio (TTM)||7.13|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar. 14, 2019|
|1y Target Est||8.90|
Shares of Sasol (NYSE: SSL) had surged more than 11% by 1:45 p.m. EST on Tuesday. Fueling the energy and chemical company's stock was the sale of its stake in Gemini HDPE. Sasol's North American chemicals subsidiary has agreed to sell its 50% membership interest in Gemini HPDE to INEOS, a leading global chemical producer.
South Africa's Sasol said on Friday shareholders have approved a proposed agreement to form a joint venture with chemical company LyondellBasell Industries at its U.S Lake Charles Chemicals Project in a bid to pay down its debt pile. LyondellBasell agreed last month to acquire a 50% stake of Sasol's base chemicals business at Lake Charles for $2 billion and operate the newly formed joint venture.
LAKE CHARLES, La., Nov.