Braskem SA (BAK) Stock

Brazil's government and several of its largest commercial banks are working on a plan to speed the divestment of engineering group Novonor's majority stake in Braskem , Latin America's largest petrochemical company, according to six people familiar with the talks.

PHILADELPHIA--(BUSINESS WIRE)--The Philadelphia Eagles and Braskem, (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest polyolefins producer in the Americas, as well as a global market leader and pioneer producer of biopolymers on an industrial scale, have enhanced their partnership with the launch of their new STEM education program, Tackling STEM, for the 2024-2025 academic school year. Tackling STEM is an education program that delivers free digital and hands-on interactive S.

Braskem S.A. (NYSE:BAK ) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Rosana Avolio - IR, Strategic Planning & Corporate Market Intelligence Director Roberto Bischoff - CEO Pedro Freitas - CFO Conference Call Participants Rodrigo Almeida - Santander Vicente Falanga - Bradesco BBI Tasso Vasconcellos - UBS Gabriel Barra - Citi Pedro Soares - BTG Pactual Leonardo Marcondes - Bank of America Regis Cardoso - XP, Inc. Operator Good morning and thank you for waiting.

Highest quarterly Recurring EBITDA since 2Q22 SÃO PAULO, Nov. 7, 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, presents its 3Q24 Earnings Release.

I recommend buying Braskem shares post-2Q24 results, which showed operational improvement despite missing market expectations and ongoing financial challenges. BAK's revenue remained stable at $3.65 billion, with excellent cost control leading to a 9% recurring EBITDA margin. Valuation is attractive with a potential 33.8% appreciation, trading at 6.5x EV/EBITDA against an industry average of 8.7x.

The average of price targets set by Wall Street analysts indicates a potential upside of 46.2% in Braskem (BAK). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

PHILADELPHIA--(BUSINESS WIRE)--Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest polyolefins producer in the Americas, as well as a global market leader and pioneer producer of biopolymers on an industrial scale, and WEAV3D Inc., an advanced manufacturing and materials startup, today announced Braskem's and WEAV3D Inc.'s thermoplastic composite lattice technology, in partnership with the Clemson Composites Center at Clemson University, were named first place winners of.

SÃO PAULO, Aug. 8, 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, presents its 2Q24 Earnings Release.

Braskem's controlling holding, Novonor, is looking for a buyer for its stake in the company. The proposals to purchase this stake exceed the company's current market cap by two times. For this reason, I believe that the dangerous risks, such as the sinking of Maceió, are already in the price, bringing a good opportunity.