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Braskem S.A. Secures Natural Gas Supply Deal with Petrobras

Story Highlights
  • Braskem S.A. announced a related-party transaction with Petrobras on August 5, 2025.
  • The contract ensures natural gas supply to Braskem’s units in Rio Grande do Sul until December 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Braskem S.A. Secures Natural Gas Supply Deal with Petrobras

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Braskem SA ( (BAK) ) has issued an announcement.

On August 5, 2025, Braskem S.A. announced a related-party transaction involving its controlled company, Voqen Energia Ltda., and Petrobras. The agreement, signed on July 28, 2025, entails the supply of natural gas by Petrobras to Voqen under a firm and non-flexible contract to meet Braskem’s needs in Rio Grande do Sul. The contract, valued at approximately R$ 324 million, is set to run from August 1, 2025, to December 31, 2026, and aligns with Braskem’s Related Party Transactions Policy. This strategic move is expected to enhance Braskem’s operational efficiency and secure its energy supply in the region.

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.

Braskem SA’s overall stock score is primarily impacted by its poor financial performance, high leverage, and negative valuation metrics. Recent improvements in EBITDA and operational performance provide some relief but are overshadowed by significant financial instability and technical bearishness.

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. It is a significant player in the Brazilian market, focusing on the supply of essential materials for various industrial applications.

Average Trading Volume: 986,424

Technical Sentiment Signal: Sell

Current Market Cap: $1.26B

For a thorough assessment of BAK stock, go to TipRanks’ Stock Analysis page.

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