Braskem S.A. (BAK)
Market Cap | 2.59B |
Revenue (ttm) | 14.49B |
Net Income (ttm) | -940.25M |
Shares Out | 400.17M |
EPS (ttm) | -2.05 |
PE Ratio | n/a |
Forward PE | 11.75 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 433,616 |
Open | 6.64 |
Previous Close | 6.60 |
Day's Range | 6.36 - 6.73 |
52-Week Range | 6.11 - 10.98 |
Beta | 1.05 |
Analysts | Hold |
Price Target | 10.00 (+54.32%) |
Earnings Date | Aug 7, 2024 |
About BAK
Braskem S.A., together with its subsidiaries, produces and sells thermoplastic resins. The company produces and sells olefins, including ethylene, polymer and chemical grade propylene, butadiene, and butene-1; intermediates, such as cumene, paraxylene, ortho-xylene, and others; polyethylene (PE) and polypropylene (PP); polyvinyl chloride; hydrochloric acid, dichloroethane – EDC, and sodium hypochlorite; fuels, such as gasoline, boosters, and others; solvents, such as toluene, xylene, and other products; and specialties comprising polyisobutene,... [Read more]
Financial Performance
In 2023, Braskem's revenue was 70.57 billion, a decrease of -26.89% compared to the previous year's 96.52 billion. Losses were -4.58 billion, 1262.8% more than in 2022.
Financial numbers in BRL Financial StatementsAnalyst Forecast
According to one analyst, the rating for BAK stock is "Hold" and the 12-month stock price forecast is $10.0.
News
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Brazil senators suggest charges against Braskem over sinking city
A Brazilian congressional committee on Tuesday suggested charging petrochemical producer Braskem with crimes against the environment and public properties over the sinking soil of a city that forced t...
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Braskem Expands Its Fuels Business Portfolio With the Launch of Octane Plus
SAO PAULO--(BUSINESS WIRE)--Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) (“Company”), the largest polyolefins producer in the Americas and leading producer of biopolymers in the worl...
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Braskem posts Recurring EBITDA of US$230 million in the quarter, 9% higher than 4Q23 and 12% higher than 1Q23
SÃO PAULO, May 9, 2024 /PRNewswire/ -- BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest resin producer in the Americas and the world's leading biopolymers producer, pres...
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Braskem posts Recurring EBITDA of US$211 million in the quarter, up 13% from 3Q23
SÃO PAULO, March 19, 2024 /PRNewswire/ -- BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest resin producer in the Americas and the world's leading biopolymers producer, p...
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Shell Chemicals and Braskem Bring Certified Bio-Attributed and Bio-Circular Propylene and Polypropylene to the U.S. Market
HOUSTON & PHILADELPHIA--(BUSINESS WIRE)--Shell Chemicals recently started to supply Braskem (BM&FBOVESPA: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) with bio-attributed and bio-circular propyl...
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Braskem Donates to the Mary M. Campbell Marcus Hook Public Library
MARCUS HOOK, Pa.--(BUSINESS WIRE)--Braskem (BM&FBOVESPA: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK), a company committed to human rights and equity in our supply chain and the local developmen...
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Braskem Hosts 25th Red Cross Blood Drive in Partnership with the American Red Cross
KENOVA, W. Va.--(BUSINESS WIRE)--Braskem (BM&FBOVESPA: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK), the largest polyolefins producer in the Americas as well as a market leader and pioneer produ...
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Brazil's Petrobras wants to share management of Braskem, says CEO
Brazil's state-run oil company Petrobras wants a partner to share the management of petrochemical producer Braskem , said the oil firm's Chief Executive Jean Paul Prates on Tuesday.
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Braskem and WEAV3D® Announced as Finalists for JEC Composites Innovation Awards 2024
PHILADELPHIA--(BUSINESS WIRE)--Braskem (BM&FBOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), the largest polyolefins producer in the Americas as well as a market leader and pioneer producer...
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Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Braskem S.A. (BAK) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Braskem S.A. (“Br...
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INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Braskem S.A.
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Braskem S.A. (“Braskem” or the “Company”) (NYSE: BAK) investors concerning the Company's possible...
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The Law Offices of Frank R. Cruz Announces Investigation of Braskem S.A.
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Braskem S.A. (“Braskem” or the “Company”) (NYSE: BAK) on behalf of investors concerning the Company's possi...
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Braskem S.A. - BAK
NEW YORK , Dec. 18, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Braskem S.A., Inc. ("Braskem" or the "Company") (NYSE: BAK).
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City hall in Brazil's Maceio requests new damages deal with Braskem
The city hall of Brazil's northeastern city of Maceio has asked to negotiate a new compensation agreement with petrochemical firm Braskem over the expansion of a risk area linked to sinking ground in ...
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CORRECTING and REPLACING Braskem EVA Recycling Technology Research Partnership Awarded RD&D Grant from the REMADE Institute
PHILADELPHIA--(BUSINESS WIRE)--Please replace the release dated November 20, 2023 with the following corrected version due to multiple revisions. The updated release reads: BRASKEM EVA RECYCLING TECHN...
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Braskem EVA Recycling Technology Research Partnership Awarded RD&D Grant from the REMADE Institute
PHILADELPHIA--(BUSINESS WIRE)--Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) (“Company”), the largest polyolefins producer in the Americas and leading producer of biopolymers in the ...
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Braskem Announces REMADE Institute Grant Award to Develop New Recycling Process Technology to Extract Pure Polypropylene from PCR
PHILADELPHIA--(BUSINESS WIRE)--Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) (“Company”), the largest polyolefins producer in the Americas and leading producer of biopolymers in the w...
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Braskem Announces REMADE Institute Grant Award for Advanced Manufacturing of Sustainable and Recyclable Multilayer Plastic Films
PHILADELPHIA--(BUSINESS WIRE)--Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) (“Company”), the largest polyolefins producer in the Americas and leading producer of biopolymers in the w...
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ADNOC makes fresh bid to buy stake in Brazil's Braskem
Brazilian petrochemical producer Braskem said on Thursday that Abu Dhabi's oil company ADNOC (ADNOC.UL) has presented a fresh non-binding offer to buy conglomerate Novonor's stake in the firm.
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Braskem's Recurring EBITDA in the quarter was US$187 million, 34% higher than 2Q23
Green PE's operational performance was above nominal capacity of 260,000 tons/year with utilization rate of 108% in the quarter SÃO PAULO, Nov. 9, 2023 /PRNewswire/ -- BRASKEM S.A. (B3: BRKM3, BRKM5 a...
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Braskem and Oxiteno sign a partnership to supply bio-attributed ethylene
SÃO PAULO--(BUSINESS WIRE)--Committed to supporting the circular economy and fighting climate change, Brazilian petrochemical companies Braskem and Indorama Ventures IOD - Oxiteno announce a partnersh...
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Braskem Announces Partnership With Northwestern University for the Development of CO2 Conversion Technology
SÃO PAULO--(BUSINESS WIRE)--Braskem and Northwestern University (USA) have announced a partnership to develop a technology platform for converting the CO2 generated by industrial operations. It is bas...
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Braskem Takes Polypropylene to the Next Level of Performance in Partnership with WEAV3D® utilizing its Rebar for Plastics® Lattice Technology
PHILADELPHIA--(BUSINESS WIRE)--Braskem (BM&FBOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), the largest polyolefins producer in the Americas as well as a market leader and pioneer producer...
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Braskem to purchase plastic-waste-derived feedstock from Vitol SA, produced by WPU – Waste Plastic Upcycling A/S in Denmark
ROTTERDAM, Netherlands--(BUSINESS WIRE)--Braskem and Vitol S.A. have announced an agreement for circular feedstock derived from plastic waste. Under the agreement, Vitol will start to supply Braskem N...
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Braskem's Carbon Negative Biopolymers to Be Spotlighted by “World's Greatest
PHILADELPHIA--(BUSINESS WIRE)--Braskem (BM&FBOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) today announced that it has been selected to participate in an upcoming segment in the “World's G...