Sasol Provides First-Quarter Update; No Change to Fair Value Estimate
Sasol provided its 2018 first-quarter production metrics update, highlighted by another decrease in production. Liquids production declined almost 10% (after being down 20% in fiscal year 2017) to 306 thousand barrels (mbbl) for the quarter. At this rate, liquids production will fall below our first half 2018 forecast of 710 mbbl. Natural gas production declined 20% to 99.9 billion cubic feet (bcf) but is on track to exceed our first-half 2018 forecast of 180.1 bcf. Refined products remained fla...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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