Sasol Limited Stock: Energy Transition Key To Future Growth Prospects (NYSE:SSL)

CHUNYIP WONG/E+ via Getty Images South Africa’s largest energy company by revenue, Sasol Limited (NYSE:SSL) is set to welcome the rein of its new CEO, Simon Baloyi who will take over from Fleetwood Grobler in April 2024. In his letter to stakeholders on November 29, 2023; Mr. Grobler reiterated Sasol’s goal of attaining its 2030 greenhouse gas emission targets including its 2050 net zero campaigns. Over the decades, Sasol has sustained its main activities in South Africa which are the Secunda coal-to-liquid operations and the Sasolburg gas-to-liquids operations. Q4 2023 also saw marginal growth in productivity especially due to increasing…