Sasol Increases Carbon Credit Purchases While Expanding Coal Operations and Advancing Renewable Initiatives
Carbon Credit Purchases: Sasol is increasing its carbon credit purchases to 723 million rand year-on-year as it aims to offset greenhouse gas emissions while boosting coal production and renewable energy generation.
Compliance and Infrastructure: The company has made progress in meeting Clean Fuels 2 regulations with the installation of low-carbon boilers, expecting the second one to be operational by the end of the month.
Financial Performance: Sasol reported a significant increase in basic earnings per share (EPS) to R10.60, up over 100%, and headline earnings per share (HEPS) improved by 93% to R35.13, despite challenges in oil volumes.
Debt Management and Future Outlook: The company is focused on cost containment and strengthening its balance sheet, with net debt at $3.7 billion, exceeding the $3 billion threshold for dividend payments, and expects over 20% EPS growth for FY25.
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- Declining Profitability: Sasol's 1H 2023 GAAP EPS stands at R0.37, a significant 34.57% decrease year-over-year, indicating challenges in profitability that may affect investor confidence.
- Slight Revenue Increase: The company reported a turnover of R122.39 billion, reflecting a modest 0.2% year-over-year growth, which, while limited, demonstrates some market resilience that could provide a foundation for future business development.
- Adjusted EBITDA Decline: Adjusted EBITDA reached R21.0 billion, down 12% compared to the prior period, highlighting the negative impact of cost pressures and changing market conditions on profitability, necessitating a focus on future cost control strategies.
- Optimistic Sales Outlook: Sasol has raised its FY26 fuel sales outlook to a growth range of 5-10%, indicating a positive outlook on future market demand, which may support a recovery in its chemicals business.
- Revenue Beat: Strategy reported fourth-quarter revenue of $122.99 million after Thursday's close, surpassing analyst expectations of $118.48 million, indicating strong market performance that may attract more investor interest.
- Earnings Growth: The company posted adjusted earnings of $16.37 per share, exceeding analyst estimates of $10.96 per share, demonstrating significant improvement in profitability that could lay the groundwork for future growth.
- Stock Price Decline: Despite the revenue and earnings beats, Strategy's stock dipped 4.8% to $128.36 in pre-market trading, reflecting market concerns about the overall economic environment, which may impact investor confidence.
- Market Trends: U.S. stock futures were lower, with Nasdaq 100 futures falling around 100 points, indicating cautious market sentiment that could pressure tech stocks and influence overall investment strategies.
- Earnings Surprise: Eagle Bancorp reported Q4 earnings of $0.25 per share, surpassing the analyst consensus estimate of a $0.10 loss, indicating a significant improvement in profitability that boosts investor confidence.
- Sales Growth: The company achieved quarterly sales of $68.303 million, exceeding the analyst consensus of $67.033 million, demonstrating strong market demand and promising future growth potential.
- Stock Surge: Eagle Bancorp's shares jumped 19.8% to $28.80 during Thursday's session, reflecting a positive market reaction to its financial performance, which may attract more investor interest.
- Strong Market Performance: Following Eagle Bancorp's results, the overall market performed well with the S&P 500 rising, indicating investor optimism about economic recovery, further driving stock market gains.
- Fuel Sales Forecast Upgrade: Sasol has revised its FY26 fuel sales forecast from 0-3% to 5-10% growth, driven by improved Natref performance, resulting in a 6% increase in premarket share trading.
- Gas Production Downgrade: The company has adjusted its gas production forecast down from 0-10% above FY25 to 0-5% below FY25 due to delays in PSA and CTT, as well as reduced internal and external demand, indicating market softness.
- South Africa Operations Milestone: The destoning plant in South Africa achieved beneficial operation in December 2025, marking a significant milestone in coal quality improvement, which is expected to enhance future production efficiency.
- Soft Chemical Market Conditions: While sales volumes in Chemicals Africa increased compared to the previous quarter, overall chemical market conditions remained soft, leading to lower revenues, highlighting challenges faced by the industry.
- Financial Performance: J.B. Hunt Transport Services Inc. reported fourth-quarter revenue of $3.097 billion, slightly below the market expectation of $3.099 billion, indicating pressure in the competitive transport market.
- Earnings Beat: Despite the revenue miss, J.B. Hunt's earnings per share came in at $1.90, exceeding analyst expectations of $1.77, suggesting effective cost control measures by the company.
- Stock Price Movement: Following the earnings report, J.B. Hunt's shares fell 4.2% in pre-market trading to $197.86, reflecting investor disappointment over the revenue shortfall.
- Market Dynamics: Other companies like TryHard Holdings and High Roller Technologies also experienced significant pre-market fluctuations, with TryHard's shares dropping 16.4% due to a cooperation announcement, while High Roller saw a 12.9% decline after signing a letter of intent.







