BASF Se (BASFY) Research

BASF SE stands as a globally operating chemical enterprise, diversifying its extensive activities across six key segments. The Chemicals division primarily supplies foundational building blocks such as petrochemicals and intermediate products. The Materials segment is dedicated to developing and delivering sophisticated materials and their precursors, including specialized polymers like isocyanates and polyamides, as well as essential inorganic products and niche specialties for the plastics manufacturing industry. Industrial Solutions innovates and distributes a broad array of ingredients and additives crucial for various industrial applications, ranging from polymer dispersions, pigments, and resins to electronic materials, antioxidants, light stabilizers, oilfield chemicals, and solutions for mineral processing and hydrometallurgy. Surface Technologies focuses on advanced chemical solutions primarily for the automotive and broader chemical sectors. Its offerings encompass vehicle refinish coatings, specialized surface treatments, catalytic converters, cutting-edge battery materials, and services involving precious and base metals. The Nutrition & Care unit provides vital ingredients for food and animal feed producers, alongside catering to the pharmaceutical, cosmetic, and cleaning product industries. Finally, the Agricultural Solutions segment equips farmers with an array of crop protection products, including fungicides, herbicides, insecticides, and biological alternatives, in addition to seeds and seed treatment solutions. BASF SE also engages in strategic collaborations, notably with Contemporary Amperex TechnologyCo., Limited (CATL), focusing on advanced battery materials, specifically cathode active materials and battery recycling initiatives. Established in 1865, BASF SE maintains its corporate headquarters in Ludwigshafen am Rhein, Germany.

Market snapshot

Symbol
BASFY
Price
$13.88
Day change
-2.39%
Market cap
$43.4B
P/E ratio
24.89x
52-week range
11.75-16.25
Sector
Basic Materials
Industry
Chemicals
Next earnings
in 1 month

Recent news

  • BASF Profit Rises, Sales Drop on Currency Headwinds

    Currency effects— mainly the U.S. dollar and Chinese renminbi—had a negative influence on sales in all segments.

  • BASF Sells $291 million Stake in Harbour Energy

    The shares were sold at 273 pence a share, which is a 9% discount to Thursday's closing price of 300 pence a share.

  • BASF Raises Prices Sharply, Again, as Middle East War Drives Up Costs

    Following last week's hikes, the chemicals giant is raising prices for more of its products due to increased costs stemming from the U.S. and Israel's war with Iran.

Peer companies

  • CMOC Group Limited (CMCLF)
  • Fortescue Metals Group Limited (FSUGY)
  • Fortescue Metals Group Limited (FSUMF)
  • Givaudan S.A. (GVDBF)
  • Givaudan S.A. (GVDNY)
  • Holcim Ltd (HCMLF)
  • HeidelbergCement AG (HLBZF)
  • Anglo American plc (NGLOY)

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