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Logo Grupo Quiñenco S.A.


Relevant Information

  • As of December 31, 2018

  • Quiñenco's interest: 100%
  • Book value of investment: Ch$584,128 million
  • Investment since: 2011
  • Employees: 3,726
  • Address

  • Av. Del Cóndor Sur 520 Ciudad Empresarial, Huechuraba, Santiago - Chile
  • Telephone (56) 22444 4000

Empresa Nacional de Energía Enex S.A. (Enex) participates in the Chilean oil industry through the sale of fuels, lubricants, asphalts and chemical products. Enex has a nationwide network of 451 service stations operating under the Shell license and 161 convenience stores. Enex also serves industrial clients, mainly of the transport, mining and power generation sectors.

Enex is the second largest fuel distributor in Chile, with a market share of 22.1% of total volumes, and a 24.3% share in the service station segment, as of December 2018. Enex also is the Macro Distributor of Shell Lubricants in Chile, commercializing products such as Shell Helix, Shell Tellus, Shell Rimula, Shell Spirax and Pennzoil®.

In 2018, Enex started its international expansion with the acquisition of Road Ranger, the fourth largest travel center network in the USA, with 38 locations on the main interstate highways between Texas and the Midwest, with presence in Illinois, Iowa, Indiana, Missouri and Wisconsin.

In addition, Enex holds a 50% share in Asfaltos Conosur, 14.9% in Sociedad Nacional de Oleoductos (Sonacol), 33.3% in Sociedad de Inversiones de Aviación (SIAV) and 20% of DASA.

Quiñenco controls 100% of Enex since 2011, when it acquired Shell’s assets in Chile.


in millions of Ch$ as of December 31 of each year
2017 2018
Sales 1,888,725 2,276,314
Operating income 11,296 28,069
Net income attributable to owners of the controller 8,774 19,277
Total assets 855,670 1,066,109
Total liabilities 287,934 481,981
Shareholders' equity attributable to owners of the controller 567,737 584,128

Distribution of Income by Business Area

Ch$2,276,314 million as of December 31, 2018