Braskem S.A. Expands Hydrocarbon Supply Agreement with Petrobras

The latest update is out from Braskem SA ( (BAK) ).

On June 6, 2025, Braskem S.A. signed an amendment to its purchase and sale contract with Petrobras for light hydrocarbons from the Capuava and Henrique Lage refineries. This amendment allows for the supply of additional volumes with a new pricing range, negotiated on a case-by-case basis, without altering other contractual terms. This transaction highlights Braskem’s strategic alignment with Petrobras and its efforts to optimize supply chain operations, potentially impacting its market positioning and operational efficiency.

The most recent analyst rating on (BAK) stock is a Buy with a $8.50 price target. To see the full list of analyst forecasts on Braskem SA stock, see the BAK Stock Forecast page.

Spark’s Take on BAK Stock

According to Spark, TipRanks’ AI Analyst, BAK is a Neutral.

The overall stock score is influenced primarily by financial instability, with significant leverage and cash flow issues. Although the earnings call revealed improvements in operational performance and EBITDA growth, the high corporate leverage and valuation challenges pose ongoing risks.

To see Spark’s full report on BAK stock, click here.

More about Braskem SA

Braskem S.A. is a leading company in the petrochemical industry, primarily engaged in the production of thermoplastic resins and other petrochemical products. The company operates with a significant market focus in Brazil and is influenced by its major shareholder, Petrobras, which holds a substantial portion of its voting and total capital.

Average Trading Volume: 920,830

Technical Sentiment Signal: Sell

Current Market Cap: $1.58B

For an in-depth examination of BAK stock, go to TipRanks’ Overview page.