An integrated oil and gas company with complementary interests in coal, chemicals and the international development of synthetic-fuel ventures based on its proprietary Fischer-Tropsch technology.
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Chloe Lutts discussed a trend that's been more resilient than any other recently: rising oil prices, and how to profit with a stock from the oil alternatives group. Chloe also wrote about her recent travels in Amsterdam and the prevalence of bikes and small, efficient cars on the city's streets. Featured stock: Sasol Ltd. (SSL).
From the May Stock Pickers Digest, edited by Patrick McKeough:
"Sasol Ltd. (SSL) has developed a technology to convert coal and natural gas into motor fuels. The company is now the world's largest producer of fuel from coal at its facility at Secunda, South Africa. Sasol also produces synthetic fuels from natural gas at plants in Qatar and Nigeria. In addition, the company has substantial chemical-production interests, and produces oil and gas in Africa. Sasol is also South Africa's third-largest coal producer.
Sasol Limited operates as an integrated energy and chemicals company.