Profile
Sector:
Basic MaterialsIndustry:
Specialty ChemicalsCountry:
South AfricaIPO:
26 April 1982Website:
http://www.sasol.comNext earnings report:
20 August 2024Last dividends:
14 March 2024Next dividends:
N/APrice
after hours | Tue, 02 Jul 2024 22:11:08 GMTAnalysts recommendations
Institutional Ownership
SSL Latest News
Sasol, a diversified company in mining, energy, and chemicals, is at a potential inflection point due to chemical sector recovery and political changes in South Africa. Operational cost optimizations and the absence of further shareholder value-eroding expansive plans are likely to lead to a significant increase in free cash flow generation. The increased free cash flow can be used to fund both greater shareholder returns and green energy investments.
Investors with an interest in Oil and Gas - Integrated - International stocks have likely encountered both Sasol (SSL) and Fuchs Petrolub SE Unsponsored ADR (FUPBY). But which of these two stocks offers value investors a better bang for their buck right now?
Sasol (SSL) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Investors interested in Oil and Gas - Integrated - International stocks are likely familiar with Sasol (SSL) and Fuchs Petrolub SE Unsponsored ADR (FUPBY). But which of these two companies is the best option for those looking for undervalued stocks?
Sasol Ltd. picked energy operations and technology executive Simon Baloyi as the next CEO. Jennifer Zabasajja reports.
Sasol Limited (NYSE:SSL ) Q4 2023 Earnings Conference Call August 23, 2023 3:00 AM ET Company Participants Tiffany Sydow - VP, IR Fleetwood Grobler - President and CEO Hanré Rossouw - CFO Christiaan Rademan - EVP, Mining Priscillah Mabelane - EVP, Energy Business Simon Baloyi - EVP, Energy Operations & Technology Conference Call Participants Gerhard Engelbrecht - Absa CIB: Global Markets Chris Nicholson - RMB Morgan Stanley Alex Comer - JPMorgan Adrian Hammond - SBG Securities Tiffany Sydow Good morning, and welcome to Sasol Limited's Financial Year 2023 Results Presentation. Thank you for taking the time to listen to our announcement today.
Sasol Limited is a buy due to its global expansion, undervaluation, and strong financial performance from recent earnings. The company's geographic expansion strategy allows it to tap into diverse markets and leverage local opportunities. Despite macroeconomic risks and challenges, Sasol remains undervalued, highlighting considerable long-term upside potential.
What type of business is Sasol Limited?
Sasol Limited, together with its subsidiaries, operates as an integrated chemical and energy company in South Africa. The company operates through six segments: Mining, Gas, Fuels, Chemicals Africa, Chemicals America, and Chemicals Eurasia. It offers acetate, acrylate monomer, ammonia, carbon, chlor alkali, explosive, fertilizer, glycol ether, hydrocarbon blend, inorganic, ketone, mining, polymer, and wax chemicals, as well as lacquer thinners, light alcohols, and phenolics or cresylic acids. The company also markets and sells brick, electrical, engine, hand, non-ferrous, and window cleaners, as well as parts wash products and super soaps; degreasers; bitumen, fuel oils, lubricants, motor fuels, and gas-to-liquid fuels; and other fuels, such as illuminating paraffin, light cycle and distillate oils, light straight run fuels, and synthetic paraffinic kerosene. In addition, it wholesales diesel and petrol; operates coal mines; offers engineering services; and develops lower carbon solutions. Further, the company explores, develops, produces, markets, and distributes natural gas and related products through pipelines. It serves adhesive, agriculture and forestry, automotive and transportation, aviation, burner fuel, chemical, construction and material, corrosion protection, electrical and electronic, flavor and fragrance, furniture, health and medical, household and consumer goods, industrial product, lubricant, manufacturing, mining, packaging, paint and coating, personal care, pharmaceutical, plastic and polymer, publishing and ink, pulp and paper, rubber and tyre, specialty graphite, steel and foundry, textile and leather, water treatment, and other industries. Sasol Limited was founded in 1950 and is headquartered in Johannesburg, South Africa.
What sector is Sasol Limited in?
Sasol Limited is in the Basic Materials sector
What industry is Sasol Limited in?
Sasol Limited is in the Specialty Chemicals industry
What country is Sasol Limited from?
Sasol Limited is headquartered in South Africa
When did Sasol Limited go public?
Sasol Limited initial public offering (IPO) was on 26 April 1982
What is Sasol Limited website?
https://www.sasol.com
Is Sasol Limited in the S&P 500?
No, Sasol Limited is not included in the S&P 500 index
Is Sasol Limited in the NASDAQ 100?
No, Sasol Limited is not included in the NASDAQ 100 index
Is Sasol Limited in the Dow Jones?
No, Sasol Limited is not included in the Dow Jones index
When does Sasol Limited report earnings?
The next expected earnings date for Sasol Limited is 20 August 2024