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July 30, 2015 1:00 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Compañía de Petróleos de Chile Copec S. A.

Company Overview

Compañía de Petróleos de Chile Copec S. A. distributes liquid fuels and lubricants. It owns and operates 622 service stations and 15 fuel storage plants. The company distributes gas to the Valparaíso and O’Higgins region. It operates the natural gas distribution business through network coverage of 4,840 kilometers. The company was founded in 2003 and is based in Santiago, Chile. Compañía de Petróleos de Chile Copec S. A. operates as a subsidiary of Empresas Copec S.A.

Agustinas 1382

Santiago,  6500586

Chile

Founded in 2003

Phone:

56 02 690 7000

Fax:

56 02 696 5063

Key Executives for Compañía de Petróleos de Chile Copec S. A.

Chief Executive Officer
Head of International Division
Compensation as of Fiscal Year 2015.

Compañía de Petróleos de Chile Copec S. A. Key Developments

Copec Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2014

Copec reported consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported revenues from external clients of $4,552,815,000 and revenues between segments of $29,137,000. EBIT was $149,783,000. Profit for the segment was $102,383,000. EBITDA rose 12.6% of $189,664,000, due to higher commercial margins and increased volume at operations in Chile, Colombia, Panama and Ecuador. Payments for acquisition of property, plant and equipment were $40.433 million. Purchase of intangible assets was $2.891 million.

Compania de Petroleos de Chile to Invest USD 26 Million in Fuel Terminal

Compania de Petroleos de Chile will invest USD 26 million (EUR 19.4 million) to build new storage tanks at its terminal in Quintero Bay, in Valparaiso region. The project includes three tanks of 20,000 cu m (706,300 cu ft) each for diesel oil and another tank of 10,000 cu m for aviation fuel. Construction will start in May 2014 and will conclude 16 months later. The terminal currently has an installed capacity of 75,000 cu m.

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