Why did SSL stock drop?
Sarah Silva
Updated on February 09, 2026
Why did SSL stock drop?
Shares of energy and chemical company Sasol (NYSE:SSL) are down 23.9% as of 10:30 a.m. EDT today. The sharp drop comes after the company announced plans to issue equity to help pay down its debt load.
How much is Sasol net worth?
Sasol net worth as of August 20, 2021 is $8.16B. Sasol Limited is engaged in the mining and processing of coal.
What was Sasol highest share price?
Sasol – 39 Year Stock Price History | SSL
- The all-time high Sasol stock closing price was 66.09 on May 20, 2008.
- The Sasol 52-week high stock price is 17.98, which is 29.4% above the current share price.
- The Sasol 52-week low stock price is 4.55, which is 67.3% below the current share price.
Is Sasol a buy right now?
The consensus forecast amongst investment analysts is that the share is currently undervalued and could outperform the market in the near future, meaning that Sasol shares may be a surprisingly good purchase today, especially when coupled with the good dividends generally paid out by the company.
Will SSL stock go up?
Stock Price Forecast The 8 analysts offering 12-month price forecasts for Sasol Ltd have a median target of 19.23, with a high estimate of 21.18 and a low estimate of 13.94. The median estimate represents a +36.39% increase from the last price of 14.10.
Is SSL encrypted?
SSL, or Secure Sockets Layer, is an encryption-based Internet security protocol. It was first developed by Netscape in 1995 for the purpose of ensuring privacy, authentication, and data integrity in Internet communications. SSL is the predecessor to the modern TLS encryption used today.
Can I buy Steinhoff shares?
The easiest way to buy Steinhoff Group shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request.
Who is the owner of Sasol?
Sasol Limited is an integrated energy and chemical company based in Sandton, South Africa….Sasol.
| Trade name | Sasol |
|---|---|
| Founded | 1950 |
| Headquarters | Sandton , South Africa |
| Key people | Fleetwood Grobler (Current CEO 2019) Bongani Nqwababa and Stephen Cornell (Prior Joint CEOs) |
| Revenue | $12.26 billion (2020) |
What is the best shares to buy in South Africa?
Best Performing South African Shares to Consider Investing in…
- Gold Fields Limited. Gold is one item that you can always count on.
- British American Tobacco. Despite the fact that smoking tobacco and cigarettes is not a healthy practice, the sector is on the rise.
- Grindrod.
- Tesla.
- Naspers.
- Curro Holdings.
What is the prediction for Sasol shares?
Stock Price Forecast The 8 analysts offering 12-month price forecasts for Sasol Ltd have a median target of 18.25, with a high estimate of 20.92 and a low estimate of 13.94. The median estimate represents a +41.33% increase from the last price of 12.91.
How do I buy Standard Bank Sasol shares?
How to purchase SOLBE1 shares on the OST platform:
- Transfer funds into your BEE account.
- Send the trade instruction [email protected] Emails will be actioned within 2 business days. For urgent execution, you can call us on 0860 121 161 once the necessary details have been sent.
Which is better TLS or SSL?
Summary. To sum everything up, TLS and SSL are both protocols to authenticate and encrypt the transfer of data on the Internet. The two are tightly linked and TLS is really just the more modern, secure version of SSL.
Which is the best stock to buy Sasol or SSL?
The consensus among Wall Street analysts is that investors should “buy” Sasol stock. View analyst ratings for Sasol or view top-rated stocks. What stocks does MarketBeat like better than Sasol?
What was the stock price of Sasol in 2020?
Sasol’s stock was trading at $3.46 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SSL stock has increased by 391.6% and is now trading at $17.01.
How much does Sasol Oil and gas company make?
Sasol has a market capitalization of $10.76 billion and generates $10.61 billion in revenue each year. The oil and gas company earns $-5,867,420,000.00 in net income (profit) each year or $0.82 on an earnings per share basis.
What kind of products does Sasol Limited produce?
Sasol Limited produces oil and chemical products. The Company offers products such as automotive lubricants, greases, cleansers, fuels, polymers, and specialty gases. Sasol markets its products worldwide. Sorry, no quarterly data is available at this time.
Who is the holding company of Sasol Ltd?
Sasol Ltd. is a holding company. The firm engages in the provision of liquid fuels, chemicals, and low-carbon electricity. It operates through following segments: Mining; Exploration and Production International; Energy; Base Chemicals; Performance Chemicals; and Group Functions.
How is Sasol doing on the balance sheet?
Sasol has made significant progress in deleveraging its balance sheet following a strong operating performance in a more supportive macroeconomic environment, continuing cash conservation measures and ongoing asset divestments.
How big was the first pocket of Sasol gas?
“The first pocket of gas was intercepted at 1,734 metres with a further substantial amount intercepted at 2,467 meters spanning a depth of 55 metres,” South African energy minister Gwede Mantashe said during his budget vote in parliament.
Are there any ETF sinks in South Africa?
There are currently no items in this Watchlist. Create a list of the investments you want to track. Something went wrong while loading Watchlist. South Africa ETF Sinks: Zuma Cabinet Shuffle? Sasol Ltd. is a holding company. The firm engages in the provision of liquid fuels, chemicals, and low-carbon electricity.
