Enel Chile S.A., an electricity utility company, engages in the generation, transmission, and distribution of electricity in Chile. The company operates through Generation Business and Distribution Business segments. It generates electricity through various sources, such as hydroelectric, thermal, wind, solar, and geothermal power plants. As of December 31, 2021, it had 8,054 megawatts of gross installed capacity, as well as distributed electricity to approximately 2.0 million customers with 2,105 square kilometers of transmission lines in 33 municipalities of the Santiago metropolitan region. The company also engages in the sale and transportation of natural gas; and provision of construction works, engineering, and consulting services. It serves residential, commercial, industrial, governmental, and other customers. The company was formerly known as Enersis Chile S.A. and changed its name to Enel Chile S.A. in October 2016. The company was incorporated in 2016 and is headquartered in Santiago, Chile. Enel Chile S.A. is a subsidiary of Enel S.p.A.
Wall Street Analyst Weigh In
Separately, TheStreet raised Enel Chile from a "d+" rating to a "c-" rating in a report on Tuesday, August 9th.
Enel Chile Price Performance
Enel Chile stock opened at $1.63 on Tuesday. The stock has a 50-day simple moving average of $1.30 and a 200-day simple moving average of $1.46. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.59 and a quick ratio of 0.58. Enel Chile has a fifty-two week low of $0.98 and a fifty-two week high of $2.68.
Enel Chile Dividend Announcement
The business also recently disclosed a Semi-Annual dividend, which was paid on Thursday, June 9th. Shareholders of record on Friday, May 20th were paid a dividend of $0.011 per share. The ex-dividend date was Thursday, May 19th.