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United States

El Paso Electric Co (EE)

EE on New York Consolidated

46.50USD
8 Dec 2016
Change (% chg)

$0.45 (+0.98%)
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$46.05
Open
$45.75
Day's High
$46.70
Day's Low
$45.55
Volume
191,204
Avg. Vol
189,370
52-wk High
$48.75
52-wk Low
$35.32

Latest Key Developments (Source: Significant Developments)

El Paso Electric sees FY 2016 eps $2.25 to $2.40
Wednesday, 2 Nov 2016 06:50am EDT 

El Paso Electric Co : El paso electric announces third quarter 2016 financial results . Q3 earnings per share $1.84 .Sees fy 2016 earnings per share $2.25 to $2.40.  Full Article

El Paso Electric posts Q3 earnings of $1.84/share
Wednesday, 2 Nov 2016 06:18am EDT 

El Paso Electric Co: Q3 earnings per share $1.84 . Adjusting and narrowing earnings guidance for 2016 to a range of $2.25 to $2.40 per basic share . Capital expenditures for 2016 are expected to be approximately $233 million . Fy2016 earnings per share view $2.38 -- Thomson Reuters I/B/E/S .Qtrly operating revenues $323.2 million versus $289.7 million.  Full Article

Public Utility Commission Of Texas approves final order in El Paso Electric Co's rate case
Thursday, 18 Aug 2016 05:58pm EDT 

El Paso Electric Co : Public Utility Commission Of Texas approved a final order in El Paso Electric Co's rate case . Order resolves all issues in the rate case . Order provides for an annual non-fuel base rate increase of $37 million, lower annual depreciation expense of approximately $8.5 million . Order allows co to recover revenue associated with relation back of rates to consumption on,after jan 12, 2016 through separate surcharge . Order provides for an additional annual non-fuel base rate increase of $3.7 million related to four corners generating station costs . Order provides for removing separate treatment for residential customers with solar systems .Order provides for allowing company to recover $3.1 million in rate case expenses through a separate surcharge.  Full Article

El Paso Electric reports Q2 earnings per share $0.55
Wednesday, 3 Aug 2016 06:50am EDT 

El Paso Electric Co : El Paso Electric announces second quarter 2016 financial results . Q2 earnings per share $0.55 .Sees FY 2016 earnings per share $2.20 to $2.50.  Full Article

El Paso Electric reports qtrly operating revenue of $217.9 mln
Wednesday, 3 Aug 2016 06:11am EDT 

El Paso Electric Co : Earnings guidance for 2016 with a range of $2.20 to $2.50 per basic share. . El paso electric co qtrly operating revenues $217.9 million versus $219.5 million; qtrly earnings per share $0.55 . Fy2016 earnings per share view $2.50 -- Thomson Reuters I/B/E/S .Middle of 2016 earnings guidance range assumes normal weather for remainder of year, puct approves unopposed settlement during h2 2016.  Full Article

El Paso Electric files unopposed settlement in Texas rate case docket no. 44941
Thursday, 21 Jul 2016 08:41pm EDT 

El Paso Electric Co : If approved by puct,settlement would resolve EPE's rate case, including revenue requirement for four corners generating station . Says EPE cannot predict when it will record revenue and other impacts of unopposed settlement . El Paso Electric files unopposed settlement in texas rate case docket no. 44941 . Says terms of unopposed settlement include,an annual non-fuel base rate increase of $37 million .EPE anticipates filing new rate cases in Texas and New Mexico in early 2017.  Full Article

El Paso Electric announces an increase in qtrly dividend
Thursday, 26 May 2016 08:17pm EDT 

El Paso Electric Co : Declared a regular quarterly cash dividend on its common stock of $0.31 per share .El Paso Electric announces an increase in the quarterly dividend.  Full Article

El Paso Electric announces an increase in qtrly dividend
Thursday, 26 May 2016 07:53pm EDT 

El Paso Electric Co : Declared a regular quarterly cash dividend on its common stock of $0.31 per share .El Paso Electric announces an increase in the quarterly dividend.  Full Article

El Paso says Texas Commission issues decision on pending electric rate case
Thursday, 19 May 2016 08:39pm EDT 

El Paso Electric Co : Texas Commission issues decision on notice in pending El Paso electric rate case . Possible that re-issuing notice could result in a significant delay in issuance of a final order . Co cannot predict what impact PUCT ruling on notice will have on co's rate case or on timing of when PUCT will issue a final order .Public Utility Commission of Texas ruled co's initial notice did not include treatment of residential customers with solar systems.  Full Article

El Paso Electric Co announces quarterly dividend
Thursday, 28 Jan 2016 02:17pm EST 

El Paso Electric Co:Declared a regular quarterly cash dividend on its common stock of $0.295 per share.Payable on March 31.Record date as of March 15.  Full Article

BRIEF-El Paso Electric sees FY 2016 eps $2.25 to $2.40

* El paso electric announces third quarter 2016 financial results