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    Felipe Torres • ISP Abita

    Felipe Torres's questions to Enel Chile SA (ENIC) leadership

    Felipe Torres's questions to Enel Chile SA (ENIC) leadership • Q2 2025

    Question

    Felipe Torres of AFP Habitat asked whether gas trading margins were fully booked in the quarter or if more impact is expected, and requested guidance on future trading activities given the context of Argentinian gas availability.

    Answer

    CEO Gianluca Palumbo clarified that the margin from one of two LNG cargo sales ($23 million) was booked in Q2, with the second to be booked in Q4. He reiterated the full-year gas margin guidance of $80-90 million and confirmed that their firm gas contract from Argentina has been successfully delivered, despite a brief weather-related interruption in June.

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    Felipe Torres's questions to Enel Chile SA (ENIC) leadership • Q2 2025

    Question

    Felipe Torres of AFP Habitat inquired if recent gas trading activities were already booked in the quarter and asked for guidance on future trading given the context of Argentinian gas availability.

    Answer

    CEO Gianluca Palumbo clarified that the margin from one of two LNG cargo sales ($23 million) was booked in Q2, with the second to be booked in Q4. He reiterated the $80-90 million full-year guidance and affirmed their Argentinian gas contract is firm and being fulfilled despite a minor weather-related disruption in June.

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    Felipe Torres's questions to Enel Chile SA (ENIC) leadership • Q2 2024

    Question

    Felipe Torres from ISP Abita asked for an explanation of the improved results in the Distribution segment and whether this was attributable to the tariff decree published in June.

    Answer

    CEO Giuseppe Turchiarelli confirmed the better results were directly related to the 2020-2024 tariff decree. He explained that with the final tariff now set, the company could adjust past provisions that were based on estimates, allowing it to recover the revenue gap from previous years.

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