by Gerhard Engelbrecht | May 7, 2021 | Chemicals
Sasol’s spot earnings continue to move higher and spot headline earnings for FY22 is at R57.64/share. Oil prices and refining margins increased in the week. Petrol cracks have increased to more than $11/bbl, but diesel remains weak at $6/bbl.Around 36% of...
by Gerhard Engelbrecht | Apr 30, 2021 | Chemicals
Sasol’s spot earnings are higher this week and core earnings for FY21 are at R28.98/share. FY21 earnings become less sensitive to drivers as the financial year draws to an end. Spot headline earnings for FY22 is at R53.16/share. Oil prices were...
by Gerhard Engelbrecht | Apr 23, 2021 | Chemicals
Sasol’s spot earnings are higher this week and core earnings for FY21 are at R28.81/share. Spot headline earnings for FY22 breached R50/share. Oil prices were slightly higher but refining margins remain weak.Monomer prices in Asia increased but...
by Gerhard Engelbrecht | Apr 16, 2021 | Chemicals
Sasol’s spot earnings were slightly higher this week as higher oil prices were offset by a stronger rand and lower refining margins. Petrol and diesel cracks were lower. Spot earnings for FY21 are at R27.20 and at R45.16 for FY22.Chemical prices in Asia...
by Gerhard Engelbrecht | Apr 8, 2021 | Chemicals
Sasol’s spot earnings for FY21 and FY22 were flat this week as lower oil prices and a stronger rand were offset by higher refining margins. Refining margins remain well below long run averages. Spot earnings for FY21 are at R27.10 and at R43.53 for...