Report
Andrew Bischof, CFA
EUR 98.48 For Business Accounts Only

Drought Conditions a Continued Headwind for Enel Chile

We are reaffirming our $28 per share fair value estimate, narrow economic moat, and stable moat trend ratings after Enel Generacion Chile reported net earnings attributable to shareholders of CLP 152.2 billion, roughly flat from the same year-ago period.
Management continues to review its portfolio. In February, the company divested its ownership share in Electrogas S.A. for CLP $115 million. We like that management is divesting no moat assets and focusing on the company's moatier regulated ope...
Underlying
Enel Generacion Chile SA

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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We have operations in 27 countries.

Analysts
Andrew Bischof, CFA

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