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$SSL

3 stories mentioning SSLUpdated 44d ago

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Wire

Sasol Shares Fall After JPMorgan Downgrade

Sasol (SSL) shares fell 3.3% in Tuesday afternoon trading after JPMorgan downgraded the stock to neutral from overweight.Trading volume stood at over 1.1 million shares, compared with a daily average of nearly 2 million.Price: $11.01, Change: $-0.38, Percent Change: -3.34%

$SSL
Research

JPMorgan Downgrades Sasol to Neutral From Overweight

Sasol (SSL) has an average rating of overweight and mean price target of $14.65, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$SSL
Sectors

Sector Update: Energy Stocks Edge Higher Premarket Thursday

Energy stocks were edging higher premarket Thursday, with the State Street Energy Select Sector SPDR ETF (XLE) advancing by 0.4%.The United States Oil Fund (USO) was up 1.1% and The United States Natural Gas Fund (UNG) was 2.4% lower.Front-month US West Texas Intermediate crude oil was 0.3% higher at $93.20 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 0.2% to reach $102.06 per barrel, and natural gas futures were down 1.8% at $2.67 per 1 million British Thermal Units.Helix Energy Solutions (HLX) and Hornbeck Offshore Services have agreed to merge in an all-stock deal to form an integrated offshore services company. Shares of Helix Energy Solutions Group were up more than 5% pre-bell.Sasol (SSL) said it now expects fiscal 2026 fuel sales volume growth of 10% to 15% year-over-year, up from previous guidance of 5% to 10%. Sasol shares were down more than 2% premarket.Apollo Global Management (APO) said Thursday it has agreed to acquire a 40% stake in Pembina Gas Infrastructure from KKR (KKR). Pembina Pipeline (PBA) shares were nearly 2% higher pre-bell.

$APO$HLX$KKR$PBA$SSL$UNG$USO$XLE

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