Sasol Limited is a global integrated chemicals and energy company that sources, produces, and markets a range of fuels and chemical products in 27 countries. The company is listed on the JSE in South Africa and the New York Stock Exchange in the United States. Sasol’s investors consist of both equity investors (those invested in the ordinary shares or the ADRs) and lenders/debt investors—banks and institutional investors lending to the company or investing in its issues of debt instruments such as local bonds, offshore bonds, commercial paper issues, project finance, loans and other credit facilities, and convertible instruments.
Sasol comprises two distinct market-focused businesses, namely, Chemicals and Energy, with a corporate center to support. The Chemicals Business, which has a diversified, global presence across Africa, America, and Eurasia, boasts a broad range of integrated alcohols and surfactants, specialty alumina products which are backed by a track record of collaborative innovation with customers. The Energy Business has a strong regional position across Southern Africa, including upstream gas operations in Mozambique, and leverages the unique Fischer-Tropsch technology and advantaged assets to produce fully integrated liquid fuels and chemical products.
Sasol Limited is listed on the Johannesburg Stock Exchange (JSE). Sasol is traded on the JSE under the ticker symbol “SOL”. The International Securities Identification Number (ISIN) of JSE:SOL is ZAE000006896. Sasol Limited is currently the 38th most valuable stock on the JSE with a market capitalization of ZAR 72 billion, which makes about 0.318% of the Johannesburg Stock Exchange equity market.SOL •
What Was Sasol’s Highest Share Price Ever?
If you’ve been following the South African energy giant Sasol or considering investing in it, you’ve probably wondered about its highest historical stock price Well, I’ve done the digging so you don’t have to!
The all-time high Sasol stock closing price was $44.57 on July 23, 2014.
That’s right – Sasol reached its peak nearly 11 years ago, and the journey since then has been quite the roller coaster. As a long-time follower of energy stocks, I’ve watched Sasol’s fascinating trajectory with great interest.
A Brief Overview of Sasol
Before diving deeper into Sasol’s share price history let’s take a quick look at what the company actually does
Sasol Limited is engaged in mining and processing coal. They also:
- Produce chemicals
- Explore for and refine crude oil
- Manufacture fertilizers and explosives
- Convert coal to petrochemicals products (like diesel fuels and gasoline)
Based in South Africa Sasol operates globally in the oils/energy sector as an international integrated oil and gas company. As of November 2025, Sasol has a market cap of approximately $4.37 billion and annual revenue of about $13.72 billion.
The Peak: Sasol’s Highest Share Price
Let’s take a closer look at Sasol’s record-setting share price:
- Highest ever price: $44.57
- Date achieved: July 23, 2014
- Alternative source confirmation: CompaniesMarketCap.com lists the highest end-of-day price as $44.59 on the same date
It’s worth noting that there’s a tiny discrepancy between the two sources (just 2 cents), but both confirm mid-July 2014 as Sasol’s peak period.
The Journey to the Peak
Sasol didn’t reach this peak overnight. The company’s share price grew steadily through several positive years. Looking at annual performance data, we can trace some interesting patterns:
| Year | Average Stock Price | Year High | Year Close | Annual % Change |
|---|---|---|---|---|
| 2010 | $25.56 | $33.04 | $33.04 | +34.56% |
| 2011 | $31.83 | $38.50 | $31.28 | -5.31% |
| 2012 | $30.49 | $35.78 | $30.04 | -3.99% |
| 2013 | $32.34 | $37.54 | $35.77 | +19.08% |
| 2014 | $38.65 | $44.57 | $28.51 | -20.28% |
As you can see, 2014 was a year of extremes – reaching the all-time high but then closing significantly lower by year-end. This highlights the volatility that was beginning to affect the company’s valuation.
What Happened After the Peak?
The years following Sasol’s peak price tell a story of decline and struggle:
The Downward Trend
After reaching its zenith in 2014, Sasol’s share price began a gradual but persistent decline:
| Year | Year Close | Annual % Change |
|---|---|---|
| 2014 | $28.51 | -20.28% |
| 2015 | $21.03 | -26.24% |
| 2016 | $23.28 | +10.69% |
| 2017 | $28.79 | +23.68% |
| 2018 | $25.33 | -12.02% |
| 2019 | $18.96 | -25.15% |
There was a brief recovery in 2016-2017, but the overall trend remained negative.
The 2020 Crash
Then came 2020, which was catastrophic for many energy companies including Sasol:
- 2020 low: $1.18 (an astonishing 97.4% below the all-time high)
- 2020 close: $7.77
- Annual % change: -59.00%
The combination of the COVID-19 pandemic, oil price wars, and company-specific issues created a perfect storm that nearly wiped out Sasol’s market value. At one point, investors feared the company might not survive.
Recent Performance
Since those dark days of 2020, Sasol has shown signs of recovery, albeit with continued volatility:
| Year | Year Close | Annual % Change |
|---|---|---|
| 2020 | $7.77 | -59.00% |
| 2021 | $14.39 | +85.10% |
| 2022 | $14.46 | +0.47% |
| 2023 | $9.81 | -32.18% |
| 2024 | $4.56 | -53.49% |
| 2025 (as of Nov) | $6.83 | +49.78% |
As you can see, 2021 showed a strong rebound, but 2023 and 2024 were again challenging years. The current year (2025) is showing signs of recovery.
Comparison with Current Price
As of November 10, 2025, Sasol’s closing price is $6.83, which tells us:
- It’s approximately 84.7% below its all-time high of $44.57
- The current price is just 6.1% below the 52-week high of $7.25
- It’s 59.3% above the 52-week low of $2.78
This indicates Sasol has been on an upward trend recently but remains far from its historical peak.
Why Did Sasol Reach Such Heights in 2014?
Several factors contributed to Sasol’s peak valuation in 2014:
- Oil price environment: Crude oil was trading above $100 per barrel for much of 2014
- Expansion projects: Sasol had announced ambitious growth plans, including major investments in North America
- Strong financial performance: The company was reporting solid profits and growth
- Investor optimism: There was significant bullishness about Sasol’s proprietary technologies and expansion potential
Why Hasn’t Sasol Returned to Its Peak?
There are several reasons why Sasol’s share price has struggled to approach its former heights:
- Structural changes in energy markets: The global shift toward renewable energy has pressured traditional fossil fuel companies
- Project execution issues: Some of Sasol’s major projects faced delays and cost overruns
- Debt concerns: The company took on significant debt to fund expansion
- Oil price volatility: Lower and more unpredictable oil prices compared to 2014
- COVID-19 impact: The pandemic severely damaged demand for energy products
- Environmental regulations: Increasing pressure on high-emission industries like coal-to-liquids
How Does Sasol Compare to Competitors?
It’s instructive to see how Sasol compares to other companies in the oil and gas sector:
| Company | Market Cap | P/E Ratio |
|---|---|---|
| Exxon Mobil (XOM) | $494.34B | 16.87 |
| Chevron (CVX) | $312.14B | 19.72 |
| Shell (SHEL) | $219.64B | 11.96 |
| BP (BP) | $96.21B | 13.45 |
| Petroleo Brasileiro (PBR) | $82.88B | 5.00 |
| Sasol (SSL) | $4.37B | N/A |
Sasol is significantly smaller than the oil majors, which impacts its ability to weather industry downturns and market volatility.
Is Sasol Likely to Reach Its Peak Price Again?
While I’m not in the business of making investment predictions (and you should always consult a qualified financial advisor before investing), it’s worth considering the factors that would impact Sasol’s ability to return to its former heights:
Factors Working Against a Return to Peak Price:
- Ongoing global energy transition away from fossil fuels
- Increased competition in the chemicals sector
- South Africa’s economic and political challenges
- High debt levels
Factors That Could Support Price Growth:
- Successful completion and operation of major projects
- Restructuring efforts bearing fruit
- Renewed demand for certain chemical products
- High-margin specialty chemicals focus
- Current valuation being significantly below historical levels
Investment Considerations
If you’re thinking about investing in Sasol based on its historical price potential, here are some factors to keep in mind:
- Volatility: Sasol has shown extreme price swings – not for the faint-hearted investor
- Dividend history: The company has had to suspend dividends during difficult periods
- Industry trends: The long-term outlook for fossil fuel companies remains challenging
- Transformation efforts: Sasol is attempting to adapt its business model for a changing energy landscape
- Value opportunity: The current price is far below historical averages, which might represent value (or might reflect permanent structural changes)
So there you have it – Sasol’s highest share price was $44.57 on July 23, 2014. The company has faced a challenging journey since then, with the stock currently trading at $6.83 as of November 2025.
The likelihood of Sasol returning to its all-time high depends on numerous factors, many outside the company’s direct control. While the energy sector continues to face transformation pressures, Sasol’s efforts to adapt its business model and focus on its strengths could potentially drive future growth.
As with any investment, understanding the historical context provides valuable perspective, but should be just one component of a thorough analysis before making investment decisions.
Have you been following Sasol’s journey? I’d love to hear your thoughts on the company’s prospects and whether you think it will ever regain its former glory!
Profile of Sasol Limited
Sasol Limited was founded on June 26, 1979 and operates in the Basic Materials sector, specifically, the Chemicals industry. Sasol contracts an estimated total number of 29,187 employees.
SOL Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +3.93% | +9.71% | +18.9% |
| 6MO | 1YR | YTD |
|---|---|---|
| +60.1% | +7.5% | +34.4% |
The current share price of Sasol Limited (SOL) is ZAR 111.93. SOL closed its last trading day (Friday, November 7, 2025) at 111.93 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1.7% gain over its previous closing price of 110.02 ZAR. Sasol began the year with a share price of 83.27 ZAR and has since gained 34.4% on that price valuation, ranking it 48th on the JSE in terms of year-to-date performance. Shareholders can be optimistic about SOL knowing the stock has accrued 10% over the past four-week period—27th best on JSE.
Sasol is the 17th most traded stock on the Johannesburg Stock Exchange over the past three months (Aug 12 – Nov 7, 2025). SOL has traded a total volume of 282 million shares—in 709,877 deals—valued at ZAR 30.9 billion over the period, with an average of 4.47 million traded shares per session. A volume high of 12.3 million was achieved on August 15th, and a low of 2.01 million on November 5th, for the same period. The table below details the last 10 trading days of activity of Sasol on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2025-11-07 | 2,996,265 | 111.93 | +1.91 | +1.74% |
| 2025-11-06 | 3,774,000 | 110.02 | +1.70 | +1.57% |
| 2025-11-05 | 2,013,736 | 108.32 | +0.77 | +0.72% |
| 2025-11-04 | 3,740,307 | 107.55 | -2.31 | -2.10% |
| 2025-11-03 | 2,996,407 | 109.86 | +2.16 | +2.01% |
| 2025-10-31 | 2,033,145 | 107.70 | +2.20 | +2.09% |
| 2025-10-30 | 3,934,597 | 105.50 | -2.22 | -2.06% |
| 2025-10-29 | 3,315,107 | 107.72 | -2.51 | -2.28% |
| 2025-10-28 | 4,710,575 | 110.23 | -1.33 | -1.19% |
| 2025-10-27 | 2,718,143 | 111.56 |
[WATCH] The 6 Minute Research On Sasol Ltd. Stock
FAQ
What was the share price of Sasol Inzalo in 2008?
Sasol Inzalo was implemented at a Sasol share price of R366 per share in September 2008.
What is the highest price per share ever?
| Company | Price (US$) | Country |
|---|---|---|
| Berkshire Hathaway | 628,900 | United States |
| Lindt & Sprüngli | 140,000 | Switzerland |
| Bastfaserkontor | 11,435 | Germany |
| Berlin Zoo | 9,365 | Germany |
Is Sasol ever going to recover?
Sasol is forecast to grow earnings and revenue by 36% and 4.4% per annum respectively. EPS is expected to grow by 32.1% per annum. Return on equity is forecast to be 13.1% in 3 years.
What was the price of RPL share in 2007?
According to the notice, the share price of RPL fell to Rs 220.35 on November 6, 2007 from the closing price of the previous day of Rs 267.55 in the cash segment. The price of the scrip closed at Rs 269.40 per share on November 2, 2007 after touching an intraday high of Rs 295 on November 1, 2007.