BAK - Braskem S.A.

NYSE - NYSE Delayed Price. Currency in USD
26.66
-0.94 (-3.41%)
At close: 4:02PM EDT
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Previous Close27.60
Open26.90
Bid0.00 x 1000
Ask0.00 x 1000
Day's Range26.23 - 27.01
52 Week Range21.32 - 30.52
Volume542,599
Avg. Volume321,719
Market Cap10.553B
Beta (3Y Monthly)0.91
PE Ratio (TTM)12.10
EPS (TTM)2.20
Earnings DateN/A
Forward Dividend & Yield1.11 (4.02%)
Ex-Dividend Date2018-05-02
1y Target Est32.33
Trade prices are not sourced from all markets
  • Reuters3 days ago

    Lyondell, Odebrecht talks on Braskem slowed by SEC filing, naphtha issues- sources

    Brazilian conglomerate Odebrecht SA's efforts to sell petrochemical maker Braskem SA to LyondellBasell Industries NV may take months longer than expected because of issues linked to a delayed U.S. filing and a supply contract, three sources with knowledge of the matter said. The talks to sell Odebrecht's controlling stake are the first step in an $11 billion deal Lyondell aims to complete to create the world's largest petrochemical company and would also involve state oil company Petroleo Brasileiros SA, Braskem's other big shareholder. Lyondell will only be able to extend the offer to Petrobras, which owns a 36 percent stake in Braskem, once Odebrecht agrees to a deal.

  • Thomson Reuters StreetEvents4 days ago

    Edited Transcript of BRKM5.SA earnings conference call or presentation 14-Mar-19 4:00pm GMT

    Q4 2018 Braskem SA Earnings Call

  • Reuters10 days ago

    Brazil's Braskem expects to file 2017 20-F to avoid NYSE delisting

    Brazilian petrochemical company Braskem SA expects to file its 2017 20-F form with the Securities and Exchange Commission before May 16 to avoid the delisting of its shares from the New York Stock Exchange, Chief Financial Officer Pedro Freitas said on Thursday. Freitas told journalists the delays in the filing of the document, which must be submitted by all foreign private issuers with listed equity shares on U.S. exchanges, are related to an analysis of the effectiveness of Braskem's internal controls. If the form is not filed, Braskem's American Depositary Receipts could be delisted and traded only over the counter.

  • Reuters10 days ago

    Brazil's Braskem expects to avoid delisting filing 20-F form before May 16

    Brazilian petrochemical company Braskem SA expects to file its 2017 20-F form with the Securities and Exchange Commission before May 16 to avoid the delisting of its shares from the New York Stock Exchange, ...

  • PR Newswire11 days ago

    Braskem S.A. record free cash flow of R$7.1 billion in 2018, advancing 187% from 2017

    SÃO PAULO, March 13, 2019 /PRNewswire/ -- BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) announces today its results for 4Q18 and 2018. HIGHLIGHTS: Braskem - Consolidated: The Company ...

  • YPF Sociedad '19 Output to Fall Amid Rising Capital Investment
    Zacks11 days ago

    YPF Sociedad '19 Output to Fall Amid Rising Capital Investment

    YPF Sociedad (YPF) expects 2019 production level to decline 2-3% year over year.

  • Lyondellbasell Industries N.V. (LYB) Q4 2018 Earnings Conference Call Transcript
    Motley Fool2 months ago

    Lyondellbasell Industries N.V. (LYB) Q4 2018 Earnings Conference Call Transcript

    LYB earnings call for the period ending December 31,2018.

  • Reuters2 months ago

    Lyondell-Braskem deal delayed by Petrobras supply contract talks -sources

    Brazil's recent change of government has further delayed the long-awaited finalization of LyondellBasell Industries NV's plan to buy Brazilian petrochemical company Braskem SA, three sources with knowledge of the matter said this week. Netherlands-based LyondellBasell first said it had entered into exclusive talks to acquire control of Braskem from Brazilian conglomerate Odebrecht SA in June. The current contract with the state-controlled oil company, known as Petrobras, expires in December 2020.

  • Thomson Reuters StreetEvents3 months ago

    Edited Transcript of BRKM5.SA earnings conference call or presentation 13-Nov-18 2:00pm GMT

    Q3 2018 Braskem SA Earnings Call

  • Hedge Funds Are Dumping Braskem SA (BAK)
    Insider Monkey3 months ago

    Hedge Funds Are Dumping Braskem SA (BAK)

    The fourth quarter was a rough one for most investors, as fears of a rising interest rate environment in the U.S, a trade war with China, and a more or less stagnant Europe, weighed heavily on the minds of investors. Both the S&P 500 and Russell 2000 sank as a result, with the Russell 2000, […]

  • Reuters4 months ago

    Brazil's Odebrecht working to renegotiate debt with banks -sources

    Brazilian construction conglomerate Odebrecht SA is working with local restructuring firm RK Partners to renegotiate a portion of its bank debt, four sources with knowledge of the matter said on Thursday. RK Partners is the second restructuring firm the corruption-ensnared conglomerate has hired recently. Earlier this week, Odebrecht has announced it had hired Moelis & Co and two law firms to restructure $3 billion in bonds issued by its Odebrecht Finance unit.

  • Reuters4 months ago

    Brazil's Odebrecht working to extend maturities on bank debt- sources

    Brazilian construction conglomerate Odebrecht SA is working with local restructuring firm RK Partners to renegotiate a portion of its banking debt, three sources with knowledge of the matter said on Thursday. RK Partners is the second restructuring firm the corruption-ensnared conglomerate has hired recently. Earlier this week, Odebrecht has announced it had mandated Moelis & Co and two law firms to restructure $3 billion in bonds issued by its Odebrecht Finance unit after missing a deadline to pay $11.5 million in interest due on the debt.

  • Reuters4 months ago

    Brazil’s Odebrecht weighs restructuring options as bondholders brace for losses

    Cash-strapped Brazilian construction firm Odebrecht Engenharía e Construção (OEC) is analyzing options to restructure some US$3bn worth of bonds, after it missed a coupon payment this week that has bondholders prepping for significant losses on their investments. OEC, implicated in a multinational corruption scandal that has impacted countries in Latin America and Africa, hired Moelis & Co and law firm Cleary Gottlieb Steen & Hamilton on Monday to study potential restructuring alternatives after the company said it would skip an US$11.5m coupon payment due on a bond maturing in 2025. A spokesperson for Moelis declined to comment, while representatives for Cleary Gottlieb and Odebrecht did not respond to requests for comment before this article was published.

  • GlobeNewswire4 months ago

    Consolidated Research: 2018 Summary Expectations for CarGurus, ARMOUR Residential REIT, Braskem S.A, HCI Group, Kimball Electronics, and CytomX Therapeutics — Fundamental Analysis, Key Performance Indications

    NEW YORK, Nov. 27, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • Reuters4 months ago

    LyondellBasell close to binding offer for Brazil's Braskem -sources

    LyondellBasell Industries NV is close to presenting a binding offer to acquire control of Brazilian petrochemical company Braskem SA, two people with knowledge of the matter said. LyondellBasell is discussing the extension of a long-term naphtha supply contract with Petroleo Brasileiro SA seen as pivotal to valuing Braskem, and talks between the companies are expected to finish over the next days, the sources said, asking for anonymity because talks are private. Once a long-term supply contract is established, LyondellBasell is expected to bid for control of Braskem, first through an offer to controlling shareholder Odebrecht SA. Odebrecht, a Brazilian conglomerate involved in the country's widest-ever corruption probe, has been forced to sell assets over the last two years.

  • Reuters4 months ago

    Braskem does not want to redraft Pemex ethane deal

    Brazilian petrochemical firm Braskem does not intend to renegotiate its 20-year ethane supply contract with Mexican state-owned oil company Pemex, but is open to alternatives depending on the stance of the incoming Mexican administration, the company said on Tuesday in a call with analysts. Under the terms of the current deal, Pemex has had to supply ethane to Braskem-Idesa, a consortium led by a unit of graft-stained Brazilian construction firm Odebrecht, well below current market prices. Energy aides to President-elect Andres Manuel Lopez Obrador, who takes office Dec. 1, have said the contract is problematic, but have not yet said what the new government will do about it.

  • Reuters4 months ago

    Brazil's Braskem sees profit rise 68 pct in Q3

    Strong operating results at home and larger margins abroad helped Brazilian petrochemical firm Braskem shrug off a weaker real against the dollar to record a strong third-quarter profit on Monday. The ...

  • PR Newswire4 months ago

    EBITDA reaches US$909 million in 3Q18, increasing 5% from 3Q17 and 4% from 2Q18

    SÃO PAULO, Nov. 12, 2018 /PRNewswire/ --  BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), the leading resin producer in the Americas, announces today its 3Q18 results. HIGHLIGHTS: ...

  • Braskem plans initiatives to promote the Circular Economy
    PR Newswire5 months ago

    Braskem plans initiatives to promote the Circular Economy

    LATIBEX: XBRK), the Americas' largest resin producer and the world's leading biopolymer producer, has defined a series of global initiatives to boost the Circular Economy in the production chain of manufactured plastic goods. "We are firmly committed to the goal of helping to transform the linear economy into a Circular Economy, effectively demonstrating our commitment to sustainable development," said Fernando Musa, Braskem's CEO. Entitled "Braskem's Positioning for the Circular Economy," the document establishes initiatives for forging partnerships with clients to conceive new products that will extend and facilitate the recycling and reuse of plastic packaging, especially single-use packaging.

  • Moody's5 months ago

    Odebrecht Engenharia e Construcao S.A. (OEC) -- Moody's downgrades OEC's ratings to C.br

    Moody's América Latina Ltda., ("Moody's") downgraded to C.br from Caa2.br the corporate family rating assigned on its Brazilian National scale to Odebrecht Engenharia e Construção S.A. (OEC). At the same time, Moody's Investors Service downgraded to C from Caa2 the corporate family rating assigned on its global scale to OEC.

  • Lyondellbasell Industries N.V. (LYB) Q3 2018 Earnings Conference Call Transcript
    Motley Fool5 months ago

    Lyondellbasell Industries N.V. (LYB) Q3 2018 Earnings Conference Call Transcript

    LYB earnings call for the period ending September 30, 2018.

  • Reuters5 months ago

    Mexico's next government faces bind in Pemex ethane deal

    Mexico's incoming government will soon inherit a costly dilemma over an ethane supply contract between national oil company Pemex and a consortium led by a unit of Brazilian builder Odebrecht. Under the contract's terms, Pemex has had to supply ethane well below current market prices.