SSL - Sasol Limited
| Previous Close | 6.92 |
| Open | 7.24 |
| Bid | 7.46 x 1000 |
| Ask | 7.47 x 900 |
| Day's Range | 7.21 - 7.59 |
| 52 Week Range | 1.25 - 26.08 |
| Volume | 3,580,148 |
| Avg. Volume | 4,296,154 |
| Market Cap | 4.768B |
| Beta (5Y Monthly) | 2.07 |
| PE Ratio (TTM) | 7.13 |
| EPS (TTM) | 1.05 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Mar. 14, 2019 |
| 1y Target Est | 3.40 |
- Motley Fool
Shares of Sasol Surge as South Africa Eases Lockdown Restrictions
With the implementation of level three lockdown in South Africa, Sasol will be able to ramp up production.
- Bloomberg
Sasol Brushes Aside Talk of Asset Sale to Energy Fund
(Bloomberg) -- South African fuel and chemicals manufacturer Sasol Ltd. said it has no plans to sell its retail outlets, countering reports that the state-owned Central Energy Fund is in talks about acquiring the assets.“We never had any discussions” with the fund about an asset sale involving the company’s retail gas stations, Sasol Chief Financial Officer Paul Victor said Tuesday in an interview. If anything, the company is looking to expand that segment of the business, he said.Sasol needs to cut debt and is trying to raise capital through asset sales to offset the collapse in oil prices earlier this year. The company has said it may consider a $2 billion rights offer.“The expanded asset disposal process has yielded good interest in relation to a number of assets, despite the macro environment uncertainty,” the company said in a separate statement Tuesday.The CEF, which manages the South African government’s energy assets, said Tuesday that while Chairman Monde Mnyande had previously said the fund might consider buying Sasol assets, “at no stage” did the CEF announce it’s negotiating to buy the company’s retail outlets.Johannesburg-based newspaper Business Day reported earlier that Sasol was in talks with the CEF over the potential sale of its fuel stations.Mnyande told lawmakers May 12 that the company “needs to put an end to the losses” at units including state oil company PetroSA. “We are looking at those and discussing very strongly with Sasol” what assets can be acquired, he said.Victor said no discussions took place with the fund about Sasol’s outlets and described any such claims as “nonsense.” Sasol has 410 retail convenience centers, which account for 11% of the regulated market, according to the company.It’s focusing on improving margins by looking for higher value markets for existing production of fuels. “This means both organic retail growth, by increasing our retail site development and conversion of sites to the Sasol brand, and possible small scale acquisitions,” the company said.(Adds detail on retail business strategy in last paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Bloomberg
Sasol to Mull Adding Pipeline, Qatar Plant to Disposal Plan
(Bloomberg) -- Sasol Ltd. is considering additional divestments, including the potential sale of stakes in an African gas pipeline and a Middle Eastern plant, as it explores ways to reduce its $10 billion debt pile, people with knowledge of the matter said.South Africa’s biggest company by revenue is working with advisers to review its 49% stake in Oryx GTL Ltd., which runs a gas-to-liquids plant in Qatar, according to the people. It is also weighing options for its upstream business Sasol Exploration & Production International as well as its 50% holding in the Rompco gas pipeline, the people said, asking not to be identified because the information is private.Sasol is examining various avenues to shore up its finances as it grapples with pressure from creditors. The company hired Bank of America Corp. to find a buyer for a minority stake in its $13 billion Lake Charles chemical complex in the U.S., Bloomberg News reported last month.The shares jumped 7.7% to 79.46 rand as of 10:38 p.m. in Johannesburg, the most in 10 days, paring a decline for the year to 74%.It has also discussed plans for a potential rights issue and has been negotiating with lenders to arrange greater flexibility over repayments. Sasol is still considering a number of possibilities and hasn’t decided whether to proceed with the additional divestments, the people said.Cost OverrunsSasol started an asset review process in 2017 that has expanded to other measures designed to reposition the company over the next two years, the company said in an emailed statement.“The expanded asset disposal process has yielded good interest in relation to a number of assets, despite the macro environment uncertainty,” Sasol said, declining to elaborate further. “Updates on progress will be provided at the appropriate time.”Sasol is planning to repay at least $6 billion of debt by the end of June 2021. The company said in March it will examine potential asset sales before deciding to pursue a rights issue, which it said would be a “last resort.” Cost overruns and time delays at the Lake Charles project led to mounting borrowings and contributed to a collapse in Sasol’s share price over the past year.Oryx GTL is controlled by state-owned Qatar Petroleum. The flagship plant, launched in 2007, uses Sasol technology that converts natural gas to liquid fuels. Rompco operates an 865-kilometer (537-mile) pipeline that transports natural gas from onshore fields in Mozambique to a Sasol plant in South Africa.Sasol Exploration & Production International oversee the group’s upstream oil and gas operations. The unit is mainly focused on Mozambique, where it has spent more than $10 billion on capital projects and operating expenditures. The business also has operations in South Africa, Canada, Gabon and Australia.(Updates with share price in fourth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Yahoo Finance Canada
Trudeau: Biggest wealth fund blacklisting Canadian oil a part of climate change fight
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.
- Zacks
Can Value Investors Consider Sasol (SSL) Stock Right Now?
Is Sasol (SSL) a great pick from the value investor's perspective right now? Read on to know more.
- CNW Group
Sasol Launches Cost-effective Solutions for the Oil and Gas Market: TERRAVIS PI
Sasol Launches Cost-effective Solutions for the Oil and Gas Market: TERRAVIS PI
- ACCESSWIRE
CLASS ACTION UPDATE for SSL, LK and VMW: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
NEW YORK, NY / ACCESSWIRE / April 6, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders ...
ACCESSWIREFINAL DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sasol Limited and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / April 6, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Sasol Limited ("Sasol" or "the Company") (NYSE:SSL) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between March 10, 2015 and January 13, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before April 6, 2020.
- Newsfile
MONDAY DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sasol Limited and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
Los Angeles, California--(Newsfile Corp. - April 6, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Sasol Limited (NYSE: SSL) ("Sasol" or "the Company") for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between March 10, 2015 and January 13, 2020, ...
- ACCESSWIRE
SSL FINAL DEADLINE - Sasol Limited - Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders With Losses Exceeding $100K of Class Action and Lead Deadline: April 6, 2020
NEW YORK, NY / ACCESSWIRE / April 6, 2020 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Sasol Limited ("Sasol" or the Company") ...
- ACCESSWIRE
DEADLINE TOMORROW: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sasol Limited and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / April 5, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Sasol Limited ("Sasol" or "the Company") (NYSE:SSL) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between March 10, 2015 and January 13, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before April 6, 2020.
- ACCESSWIRE
HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Sasol Limited (SSL) Investors: Important Application Deadline Tomorrow, Investors with Losses Should Contact its Attorneys Now
SAN FRANCISCO, CA / ACCESSWIRE / April 5, 2020 / Hagens Berman urges investors in Sasol ADRs (NYSE:SSL) who have suffered significant losses to submit their losses now . The April 6, 2020 lead plaintiff ...
- GlobeNewswire
HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Sasol Limited (SSL) Investors: Application Deadline Today, Investors with Losses Should Contact its Attorneys Now
Hagens Berman urges investors in Sasol ADRs (SSL) who have suffered significant losses to submit their losses now. According to the Complaint, Defendants misled investors by misrepresenting and failing to disclose that; (1) Sasol conducted insufficient due diligence into, and did not account for multiple issues with, Sasol’s Lake Charles chemical plant (“LCCP”), as well as its true cost; (2) construction and operation of the LCCP was plagued by control weaknesses, delays, rising costs, and technical issues; and (3) Sasol’s top-level management exacerbated these issues by engaging in improper and unethical behavior concerning financial reporting for, and oversight of, the LCCP.
- ACCESSWIRE
HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Sasol Limited (SSL) Investors: Important April 6 Deadline, Investors with Losses Should Contact its Attorneys Now
SAN FRANCISCO, CA / ACCESSWIRE / April 4, 2020 / Hagens Berman urges investors in Sasol ADRs (NYSE: SSL) who have suffered significant losses to submit their losses now . The April 6, 2020 lead plaintiff ...
- ACCESSWIRE
FINAL DEADLINE MONDAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sasol Limited and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / April 4, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Sasol Limited ("Sasol" or "the Company") (NYSE:SSL) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between March 10, 2015 and January 13, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before April 6, 2020.
- Business Wire
SASOL LIMITED 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Sasol Limited - SSL
Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have only until April 6, 2020 to file lead plaintiff applications in a securities class action lawsuit against Sasol Limited (NYSE: SSL), if they purchased the Company’s securities between March 10, 2015, and January 13, 2020, inclusive (the "Class Period"). This action is pending in the United States District Court for the Southern District of New York.
- ACCESSWIRE
HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Sasol Limited (SSL) Investors: 3 Days until Application Deadline, Investors with Losses Should Contact its Attorneys Now
SAN FRANCISCO, CA / ACCESSWIRE / April 3, 2020 / Hagens Berman urges investors in Sasol ADRs (NYSE:SSL) who have suffered significant losses to submit their losses now . The April 6, 2020 lead plaintiff ...
- ACCESSWIRE
FINAL DEADLINE ALERT FROM FIRM THAT FILED LAWSUIT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sasol Limited and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / April 3, 2020 / The Schall Law Firm , a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Sasol Limited ("Sasol" ...
- ACCESSWIRE
The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of SSL, INO and VMW
NEW YORK, NY / ACCESSWIRE / April 3, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate ...
- ACCESSWIRE
SSL DEADLINE ALERT - Sasol Limited - Bronstein, Gewirtz & Grossman, LLC Notifies Investors With Losses Exceeding $100K of Class Action and Lead Deadline: April 6, 2020
NEW YORK, NY / ACCESSWIRE / April 3, 2020 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Sasol Limited ("Sasol" or the Company") ...
- ACCESSWIRE
HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Sasol Limited (SSL) Investors: Application Deadline in 4 Days, Investors with Losses Should Contact its Attorneys
SAN FRANCISCO, CA / ACCESSWIRE / April 2, 2020 / Hagens Berman urges investors in Sasol ADRs (NYSE:SSL) who have suffered significant losses to submit their losses now . The April 6, 2020 lead plaintiff ...
- ACCESSWIRE
CLASS ACTION UPDATE for SSL, INO and HAFC: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
NEW YORK, NY / ACCESSWIRE / April 2, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders ...
- ACCESSWIRE
SSL ALERT: ROSEN, A GLOBALLY RECOGNIZED FIRM, Reminds Sasol Limited Investors of Important APRIL 6 DEADLINE in Securities Class Action; Encourages Investors with Large Losses to Contact Firm - SSL
NEW YORK, NY / ACCESSWIRE / April 2, 2020 / Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Sasol Limited (NYSE:SSL) between March 10, 2015 and January 13, 2020, ...
- ACCESSWIRE
SHAREHOLDER ALERT: SSL JELD HAFC: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines
NEW YORK, NY / ACCESSWIRE / April 2, 2020 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss ...
- ACCESSWIRE
4-Day Deadline Alert: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sasol Limited and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / April 2, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Sasol Limited ("Sasol" or "the Company") (NYSE:SSL) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between March 10, 2015 and January 13, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before April 6, 2020.
