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Empresas Copec SA
SGO:COPEC

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Empresas Copec SA
SGO:COPEC
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Price: 7 640 CLP
Market Cap: 9.9T CLP

Empresas Copec SA
Investor Relations

Empresas Copec SA, a formidable player rooted deeply in the economic fabric of Chile, embodies a vivid illustration of diversification and strategic investment. Originating from its foundational dominance in the energy and forestry sectors, Empresas Copec has carved out a robust presence worldwide, leveraging natural resources to fuel its multifaceted enterprise. At the heart of its operations lies an integrated value chain structured to tap into forestry, energy, fuel distribution, and even the burgeoning renewable energy sector. This strategic spread across various verticals not only amplifies its resilience against market volatility but also positions it as a pivotal force in both domestic and international markets. Picture a conglomerate that not only extracts and refines crude oil to produce fuels and lubricants but also cultivates and processes forests to manufacture a wide array of forest products. This dual-pronged focus allows Empresas Copec to capture value both upstream and downstream, maximizing profitability along the way.

The company's financial acumen shines through its intricate supply network and vast distribution capabilities, ensuring a seamless flow from production to the end-user. Copec, the name synonymous with fueling stations across Chile, showcases just a fraction of its immense operational capability. Furthermore, Empresas Copec’s forward-thinking approach is exemplified by its investments in clean energy solutions, recognizing the evolving global emphasis on sustainability. Through subsidiaries like Arauco, the company taps into international markets, exporting pulp, panels, and other forest products, thereby broadening its revenue streams. This dynamic business model, underscored by diversification, operational efficiency, and strategic foresight, enables Empresas Copec to persistently generate substantial revenues, thus reinforcing its status as one of Latin America's industrial giants.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 12, 2025
AI Summary
Q3 2025

EBITDA Decline: Q3 EBITDA was $642 million, down 15.9% year-on-year, mainly due to lower Forestry results.

Forestry Weakness: The Forestry division saw reduced pulp prices, but volumes increased 8.5% YoY and 9.8% QoQ.

Energy Strength: The Energy segment, including Copec and Abastible, continued strong performance with significant volume and margin growth.

Mina Justa Surge: Mina Justa mine delivered $236 million EBITDA, up 35% year-on-year.

Debt & CapEx: Net debt-to-EBITDA rose as expected with $1 billion CapEx for the Sucuriú project; liquidity remains robust.

Sucuriú Progress: The Sucuriú project reached 25.7% physical progress and secured substantial financing, including a landmark $850 million bond.

ESG & Electromobility: Green bond funding use validated; advances in solar and electromobility, with a Chilean city now fully electric public transport supplied by Copec.

Key Financials
EBITDA
$642 million
Net Income
$198 million
CapEx
$1 billion
Copec EBITDA
CLP 254 billion
Abastible EBITDA
CLP 69 billion
Mina Justa EBITDA
$236 million
Mina Justa Net Income
$137 million
Pulp EBITDA (Arauco)
$193 million
Pulp Volumes
Up 8.5% year-on-year and 9.8% quarter-on-quarter
Cash
$2.7 billion
Net Debt
$3.2–3.3 billion
Other Earnings Calls

Management

Mr. Eduardo Navarro Beltran
CEO & GM
No Bio Available
Mr. Rodrigo Huidobro Alvarado
Chief Financial Officer
No Bio Available
Mr. Cristian Palacios Gonzalez
Director of Finance & IR
No Bio Available
Ms. Dolores Ugarte Perez
Legal Advisor & Secretary of the Board
No Bio Available
Ms. Maria Francisca Riveros Novoa
Communications Manager
No Bio Available
Mr. Lorenzo Gazmuri Schleyer
Manager of Sales and Chief Executive Officer of Copec S.A
No Bio Available
Mr. Jorge Valdivieso Scott
Head of Corporate Research
No Bio Available
Marianne Haramoto
Director of Sustainability and Corporate Affairs
No Bio Available

Contacts

Address
SANTIAGO
LAS CONDES
Av. El Golf 150 Piso 17
Contacts