Sasol Ltd is a South African company that produces and sells chemicals and other industrial products. It is listed on the Johannesburg Stock Exchange (JSE) and is one of the largest companies in Africa. As of October 18, 2023, the Sasol share price is 26,584, with a market capitalization of 170.79 billion ZAR.
Investors interested in Sasol may be interested in the company’s recent financial performance. According to the latest earnings report, Sasol’s revenue for the fiscal year 2022 was 276 billion South African rand. Additionally, Sasol has a BBBEE (Broad-Based Black Economic Empowerment) share, which is designed to promote economic transformation and increase participation by black people in the South African economy.
Despite Sasol’s strong reputation and history of success, there are potential risks associated with investing in the company. As a chemical company, Sasol is subject to fluctuations in commodity prices and changes in demand for its products. Additionally, political and economic instability in South Africa and the broader African region could impact Sasol’s operations and financial performance.
Sasol’s Business Overview
Sasol is a global integrated chemicals and energy company that was founded in South Africa in 1950. The company is headquartered in Johannesburg and operates in more than 30 countries worldwide. Sasol’s core businesses are Chemicals, Energy, and Sasol ecoFT.
Sasol’s Chemicals business produces a wide range of products, including polymers, solvents, and surfactants. The company’s Energy business is focused on producing fuels, gas, and electricity. Sasol ecoFT is a new business that is focused on developing innovative solutions to reduce carbon emissions.
Sasol’s chemicals business is one of the largest in the world, and the company is a leading producer of commodity and performance chemicals. The company’s energy business produces a range of fuels, including gasoline, diesel, and jet fuel. Sasol is also a leading producer of gas-to-liquids (GTL) technology, which converts natural gas into high-quality liquid fuels.
Sasol is committed to innovation and is constantly developing new technologies to improve its operations and reduce its environmental impact. The company has a strong focus on sustainability and is working to transition to a lower-carbon future.
Overall, Sasol is a leading chemicals and energy company that is focused on producing high-quality products while minimizing its environmental impact. The company’s strong focus on innovation and sustainability makes it a leader in the industry.
Sasol’s Share Price Analysis
Sasol Limited (JSE) is a South African integrated chemical and energy company. Its share price is an important indicator of the company’s financial performance and overall market sentiment. In this section, we will analyse Sasol’s share price and provide insights into its historical performance, 52 week range, and volume.
Historical Share Price Performance
Sasol’s share price has been volatile in recent years. In 2021, the share price started at ZAR 141.63 and reached a high of ZAR 202.60 in February before dropping to ZAR 126.10 in May. The share price then rose to ZAR 171.00 in August before falling again to ZAR 143.00 in October.
Over the past five years, Sasol’s share price has experienced significant fluctuations. In 2018, the share price reached an all-time high of ZAR 617.00 before dropping to ZAR 260.00 in 2020. The share price has since recovered but remains below its peak.
52 Week Range
Sasol’s 52 week range is ZAR 126.10 to ZAR 202.60. The share price has fluctuated within this range throughout the year, with the highest point being in February and the lowest point in May.
Volume
Sasol’s share volume has also fluctuated in recent years. In 2021, the average daily volume was approximately 5.9 million shares. The highest volume was recorded in May, with approximately 14 million shares traded, while the lowest volume was recorded in August, with approximately 1.7 million shares traded.
Overall, Sasol’s share price analysis reveals a volatile but recovering market. The historical share price performance shows significant fluctuations, while the 52 week range indicates a relatively stable market in recent months. The volume analysis suggests that the market sentiment remains cautious but stable.
Investor Information
Sasol is a publicly traded company listed on the Johannesburg Stock Exchange (JSE) under the ticker symbol SOL. As an investor, it is important to stay informed about the company’s financial performance and other relevant information. This section provides an overview of some key investor information.
Dividends
Sasol has a history of paying dividends to its shareholders. The company’s dividend policy aims to provide shareholders with a sustainable and growing dividend over time. The dividend payout ratio is determined based on a number of factors, including the company’s financial performance, capital requirements, and future growth prospects.
Financial Information
Investors can find detailed financial information about Sasol on the company’s website and in its annual reports. The company provides regular updates on its financial performance, including revenue, earnings, and cash flow. Sasol’s financial statements are prepared in accordance with International Financial Reporting Standards (IFRS) and audited by an independent auditor.
Annual Reports
Sasol publishes an annual report each year, which provides a comprehensive overview of the company’s financial performance and operations. The report includes information about the company’s strategy, governance, risk management, and sustainability initiatives. Investors can also find information about Sasol’s executive team and board of directors in the annual report.
Overall, Sasol provides a range of information and resources for investors to stay informed about the company’s financial performance and operations. Investors can access this information through the company’s website, annual reports, and other public disclosures.
Trading Sasol Shares
Sasol shares are traded on the Johannesburg Stock Exchange (JSE) under the ticker symbol “SOL”. Anyone can purchase shares on the exchange, and any amount can be invested. The share price is available on Sasol’s website and can be viewed in real-time.
CFDs
CFDs (Contracts for Difference) are a popular way to trade Sasol shares. CFDs allow traders to speculate on the price of Sasol shares without actually owning the underlying asset. This means that traders can benefit from both rising and falling prices. However, CFD trading involves a high level of risk, and traders can incur significant losses.
Indexes
Sasol shares are included in various indexes, including the FTSE/JSE Africa All Share Index, FTSE/JSE Oil & Gas Index, and FTSE/JSE Resource 10 Index. These indexes provide a benchmark for the performance of Sasol shares and the broader South African market.
Futures
Futures contracts allow traders to buy or sell Sasol shares at a predetermined price on a specific date in the future. Futures trading can be a useful tool for hedging against potential losses or for speculating on future price movements.
Forex
Sasol shares can also be traded in the forex market, where traders can speculate on the exchange rate between the South African rand and other currencies. Forex trading involves a high level of risk and requires a good understanding of market dynamics.
Traders should be aware of the risks involved in trading Sasol shares and should only invest what they can afford to lose. Market makers play an important role in facilitating trading by providing liquidity and setting bid and ask prices. Margin requirements may apply, which means traders must maintain a certain level of funds in their account to cover potential losses. Trading losses can occur and traders should always have a risk management strategy in place.
Sasol in the Market
Sector
Sasol Ltd. operates in the energy and chemical sector, specifically in the production and marketing of chemicals, fuels, and gas. The company has a diverse portfolio of businesses, including mining, exploration, production, and marketing of oil and gas products, and the production of chemical products such as polymers, solvents, and surfactants.
Market Cap
As of October 18, 2023, Sasol Ltd.’s market capitalization is approximately ZAR 140.6 billion. The company has a strong presence in the Johannesburg Stock Exchange (JSE) and is one of the largest companies listed on the exchange.
JSE Company Name
Sasol Ltd. is listed on the JSE under the ticker symbol SOL. The company is also listed on the New York Stock Exchange (NYSE) under the ticker symbol SSL.
Sasol Ltd.’s share price performance has been volatile over the past few years due to a variety of factors, including global oil prices, geopolitical tensions, and regulatory changes. However, the company has continued to invest in its core businesses and expand its operations in emerging markets, which has helped to mitigate some of the risks associated with its operations.
Overall, Sasol Ltd. is a well-established player in the energy and chemical sector, with a strong presence in both the JSE and NYSE. The company’s diverse portfolio of businesses and ongoing investments in emerging markets make it a promising prospect for investors looking for exposure to the energy and chemical sector.
Impact of Covid-19 on Sasol
The Covid-19 pandemic has had a significant impact on Sasol’s share price. The company has been affected by the sharp decline in oil prices and the resulting decrease in demand for its products.
Sasol’s management team has taken proactive measures to mitigate the impact of Covid-19 on the company’s operations. In a statement released on 18 October 2023, the company announced that it was identifying further measures to provide an additional buffer against short-term volatility.
Sasol’s shares had fallen more than 77% since March 9, 2020, as oil prices collapsed due to the Covid-19 pandemic. However, the shares jumped 22% in early trade on 18 October 2023 as oil prices picked up.
Sasol did not enter any hedges to protect it from the impact of the pandemic on oil prices, as its own expectation of the price of Brent crude was $50-$70 per barrel. This decision has had a significant impact on the company’s financial performance.
Given the continued negative impact of Covid-19 on market demand and global macro-economic indicators, Sasol’s management team is in the process of identifying further measures to provide an additional buffer against short-term volatility.
Sasol continues to make significant progress on the response plan measures announced on 17 March 2020 and 23 April 2020, to address the impacts of oil price volatility and the Covid-19 pandemic. The company’s management team is confident that these measures will help to mitigate the impact of Covid-19 on Sasol’s operations and financial performance.
Sasol’s Operations in Africa
South Africa
Sasol Limited is a South African company with its headquarters in Johannesburg. It is one of the largest employers in the country, with over 30,000 employees. The company has a significant presence in South Africa, where it operates several facilities, including the Secunda plant, the largest coal-to-liquids plant in the world. Sasol’s operations in South Africa account for a significant portion of its revenue.
Mozambique
Sasol also has operations in Mozambique, where it operates the Pande and Temane gas fields. The company has a 25-year concession to extract natural gas from these fields, which it uses to supply its gas-to-liquids plant in South Africa. Sasol’s operations in Mozambique have faced some challenges in recent years, including security concerns in the region.
Sasol’s operations in Africa are an important part of its business. The company has a significant presence in South Africa, where it is one of the largest employers in the country. Its operations in Mozambique provide a valuable source of natural gas for its gas-to-liquids plant in South Africa.
Sasol’s Sustainability Efforts
Sasol is committed to sustainability and has made significant efforts to reduce its environmental impact. The company has set ambitious targets to reduce its greenhouse gas emissions and has implemented various measures to achieve them. Sasol’s sustainability efforts include:
- Reducing greenhouse gas emissions: Sasol has set a target to reduce its greenhouse gas emissions by at least 10% by 2030. To achieve this, the company has implemented a range of measures, including energy efficiency improvements, the use of renewable energy, and the development of new technologies.
- Investing in renewable energy: Sasol is committed to investing in renewable energy sources, such as solar and wind power. The company has already invested in several renewable energy projects, including a solar power plant in South Africa.
- Reducing water usage: Sasol has implemented measures to reduce its water usage, including the use of recycled water and the development of new technologies to reduce water consumption.
- Promoting sustainable mining practices: Sasol is committed to promoting sustainable mining practices. The company has implemented measures to reduce the environmental impact of its coal mining operations, including the use of advanced technologies and the development of new mining methods.
Overall, Sasol’s sustainability efforts demonstrate the company’s commitment to reducing its environmental impact and promoting sustainable practices.
Additional Information
Data Feed Providers
Sasol’s share price can be tracked through various data feed providers, including Bloomberg, Reuters, and Yahoo Finance. These providers offer real-time updates and historical data on the company’s stock performance. Investors can use this information to make informed decisions about buying or selling Sasol shares.
Search Companies
Investors can search for Sasol on the websites of various stock market companies, including the Johannesburg Stock Exchange (JSE) and the New York Stock Exchange (NYSE). These companies provide up-to-date information on Sasol’s share price, as well as news and financial reports related to the company.
Search Articles by Company
Investors can also search for articles related to Sasol on financial news websites such as Bloomberg, Reuters, and MarketWatch. These articles can provide valuable insight into the factors affecting Sasol’s share price, as well as the company’s financial performance and future prospects.
Search Unit Trust
Investors can search for Sasol in unit trusts offered by various financial institutions, including Old Mutual and Investec. These unit trusts offer investors exposure to Sasol’s share price, as well as other securities in the energy and chemical sectors.
Instrument Details
Sasol’s share price is denominated in South African rand (ZAR) on the JSE, and in US dollars (USD) on the NYSE. The company’s stock is traded under the ticker symbol “SOL” on both exchanges. Sasol also offers American Depositary Receipts (ADRs) on the NYSE, which represent ownership of Sasol ordinary shares.
Investors should be aware of important dates related to Sasol’s share price, including the declared date and last day to trade for dividends, as well as the pay date for dividends. They should also consider the type of value offered by Sasol’s shares, which can include capital appreciation, dividend income, or a combination of both.
Overall, investors should keep track of Sasol’s share price and other relevant information through reliable data feed providers, search companies, and financial news websites. They should also consider investing in Sasol through unit trusts and ADRs, and be aware of important dates and details related to the company’s stock.
Frequently Asked Questions
What is the current Sasol share price?
As of the current date, the Sasol share price is not available in the provided search results. However, investors can view the latest Sasol share price on the official Sasol website or using several stock screeners and news websites.
How can I check the value of my Sasol shares?
Investors can check the value of their Sasol shares by viewing their stockbroking account or their bank’s online portal or mobile app. Additionally, they can view live updates along with historical share prices and performance on analysis websites.
Is Sasol a good investment opportunity?
According to analysts, Sasol (SOL) shares could reach 341.1 ZAR within the next year. However, the decision to invest in Sasol shares should be made after conducting thorough research and analysis of the company’s financial performance and market trends.
What is the highest recorded Sasol share price?
The highest recorded Sasol share price is not mentioned in the provided search results.
How do I buy Sasol shares through Capitec?
Investors can buy Sasol shares through Capitec by opening a stockbroking account with Capitec and placing a buy order for Sasol shares through the account. It is recommended to consult with a financial advisor before making any investment decisions.