tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Petrobras Monitors Potential Braskem Share Transaction Amid Novonor Negotiations

Story Highlights
  • Petrobras was notified of an exclusivity agreement involving Braskem shares held by NSP Inv.
  • Petrobras will evaluate its rights in the potential transaction and consider a new shareholders’ agreement.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Petrobras Monitors Potential Braskem Share Transaction Amid Novonor Negotiations

Claim 50% Off TipRanks Premium and Invest with Confidence

The latest announcement is out from Petroleo Brasileiro SA- Petrobras ( (PBR) ).

On December 15, 2025, Petrobras announced it has been informed by Novonor S.A. and its subsidiary NSP Investimentos S.A. about an exclusivity agreement with Shine I Fundo de Investimento em Direitos Creditórios, managed by Vórtx Capital and advised by IG4 Sol. Ltda. This agreement grants a 60-day period for negotiating a potential transaction involving shares of Braskem S.A. held by NSP Inv. and credits against Novonor guaranteed by these shares. Petrobras, which holds preemptive and tag-along rights under Braskem’s shareholders’ agreement, will monitor the situation and evaluate whether to exercise these rights. The company is also considering a new shareholders’ agreement amid ongoing negotiations and emphasizes that any decisions will adhere to its governance practices and regulatory approvals.

The most recent analyst rating on (PBR) stock is a Hold with a $13.50 price target. To see the full list of analyst forecasts on Petroleo Brasileiro SA- Petrobras stock, see the PBR Stock Forecast page.

Spark’s Take on PBR Stock

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

Petrobras scores well due to its strong financial performance and attractive valuation, particularly its low P/E ratio and high dividend yield. However, technical analysis indicates some bearish momentum, which could pose short-term risks.

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

More about Petroleo Brasileiro SA- Petrobras

Petrobras, or Petróleo Brasileiro S.A., is a Brazilian petroleum corporation primarily involved in the oil and gas industry. The company focuses on the exploration, production, refining, and distribution of oil and gas products, with a significant presence in the Brazilian market.

Average Trading Volume: 22,137,383

Technical Sentiment Signal: Hold

Current Market Cap: $76.73B

Learn more about PBR stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1