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ETN - Standard Bank Oil  –  SBOIL  
     
Prices at least 15 minutes delayed. Source: JSE Ltd.
 
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JSE Overall 108 525 1.32%
 
10 Day Trading Range
0 3,865
Peer Comparison
UBSSTALB4 (STALB4)105.66 (-0.21%)
SBOIL (SBOIL)38.01 (-2.11%)
UBSOMWPA (UOMWPA)248.64 (0.01%)
AMCUNPWGP (UNPWGP)123.15 (0.47%)
FNBGSE (FNBGSE)231.78 (-0.48%)
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SBOIL  Latest Market Data
Close Wed 21 Jul1,187   P/E Ratio–
Open Wed 21 Jul1,187   EPS - TTM–
Best Bid–   DPS - TTM Dividend – n/a
Best Offer–   Dividend Yield–
Volume Wed 21 Jul–   Market Cap 1.19bn
Range Wed 21 Jul1,187–1,187   Shares In Issue 100.00m
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Objective
Oil ETN is linked to the price of Brent Crude Oil price (which is more relevant in South Africa), instead of being linked to the West-Texas Intermediate (WTI) Crude Oil price. The Brent Oil future is only cash settled, whereas the WTI future has physical settlement this means that the risk of the price going negative (like it did in March 2020) is removed.
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