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United States

El Paso Electric Co (EE.N)

EE.N on New York Stock Exchange

58.80USD
4:03pm EDT
Change (% chg)

$0.40 (+0.68%)
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$58.40
Open
$58.60
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$58.85
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$58.30
Volume
196,093
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69,035
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$61.15
52-wk Low
$48.05

Latest Key Developments (Source: Significant Developments)

El Paso Electric Reports Qtrly EPS $0.16
Tuesday, 27 Feb 2018 07:20am EST 

Feb 27 (Reuters) - El Paso Electric Co ::QTRLY EARNINGS PER SHARE $0.16.QTRLY OPERATING REVENUES $196.15 MILLION VERSUS $188 MILLION.PROVIDING EARNINGS GUIDANCE FOR 2018 WITH A RANGE OF $2.30 TO $2.65 PER BASIC SHARE‍​.REACHED IMPORTANT MILESTONE IN Q4 WHEN PUBLIC UTILITY COMMISSION OF TEXAS APPROVED UNOPPOSED SETTLEMENT IN CO'S 2017 TEXAS RATE CASE.  Full Article

El Paso Electric Says Commission of Texas Approves Final Order in Rate Case
Thursday, 14 Dec 2017 01:42pm EST 

Dec 14 (Reuters) - El Paso Electric Co ::EL PASO ELECTRIC - PUBLIC UTILITY COMMISSION OF TEXAS APPROVED A FINAL ORDER APPROVING UNCONTESTED SETTLEMENT AGREEMENT FILED WITH COMMISSION ON NOV 2.EL PASO ELECTRIC SAYS WILL RECORD IMPACTS OF ORDER FOR FINANCIAL REPORTING PURPOSES IN Q4 OF 2017 - SEC FILING.EL PASO ELECTRIC - THE UNCONTESTED SETTLEMENT AGREEMENT FILED WITH COMMISSION ON NOV 2 WAS REGARDING THE CO'S RATE CASE PENDING BEFORE THE COMMISSION.EL PASO ELECTRIC SAYS COMMISSION'S FINAL ORDER PROVIDES, AMONG OTHER THINGS, FOR AN ANNUAL NON-FUEL BASE RATE INCREASE OF $14.5 MILLION.EL PASO ELECTRIC - COMMISSION'S FINAL ORDER ORDER ALLOWS CO TO RECOVER REVENUE ASSOCIATED WITH THE RELATION BACK OF RATES TO CONSUMPTION ON & AFTER JUL 18.  Full Article

El Paso Electric Q3 earnings per share $1.47
Wednesday, 1 Nov 2017 07:50am EDT 

Nov 1 (Reuters) - El Paso Electric Co :El Paso Electric announces third quarter 2017 financial results.Q3 earnings per share $1.47.Sees FY 2017 earnings per share $2.30 to $2.50.  Full Article

El Paso Electric Q3 earnings per share $1.47
Wednesday, 1 Nov 2017 07:08am EDT 

Nov 1 (Reuters) - El Paso Electric Co :Q3 earnings per share $1.47.El Paso Electric Co - qtrly operating revenues $297.5 million versus $323.2 million.El Paso Electric Co - sees ‍earnings for 2017 in a range of $2.30 to $2.50 per basic share​.  Full Article

El Paso Electric Co says files for potential mixed shelf offering; size not disclosed - SEC Filing ‍​
Tuesday, 26 Sep 2017 05:23pm EDT 

Sept 26 (Reuters) - El Paso Electric Co :El Paso Electric Co says files for potential mixed shelf offering; size not disclosed - SEC Filing ‍​.  Full Article

El Paso Electric reports Q2 earnings per share $0.89
Wednesday, 2 Aug 2017 06:35am EDT 

Aug 2 (Reuters) - El Paso Electric Co :Q2 earnings per share $0.89.El Paso Electric Co qtrly ‍operating revenues $251.8 million versus $217.9 million - SEC filing​.El Paso Electric Co - on June 29 PUCT approved a settlement in Texas fuel reconciliation proceeding.El Paso Electric-PUCT settlement provides reconciliation of $436.6 million fuel & purchased power costs incurred from April 1, 2013 to March 31, 2016.El Paso Electric-results for quarter ended June 30 include $5.0 million, pre-tax increase to income reflecting settlement of Texas fuel reconciliation proceeding.El Paso Electric Co - since co cannot predict outcome of Texas rate case at present time, co is not currently providing earnings guidance.  Full Article

El Paso Electric q1 loss per share $0.10
Wednesday, 3 May 2017 07:12am EDT 

May 3 (Reuters) - El Paso Electric Co ::Q1 loss per share $0.10.El paso electric co qtrly operating revenues $171.3 million versus $157.8 million.Q1 earnings per share view $-0.08 -- Thomson Reuters I/B/E/S.  Full Article

El Paso Electric plans to seek delay of 2017 New Mexico rate case
Wednesday, 22 Mar 2017 11:59am EDT 

El Paso Electric Co : El paso electric plans to seek delay of 2017 new mexico rate case .Don't expect postponement of the rate case to "significantly" impact financial performance.  Full Article

El Paso Electric Q4 earnings per share $0.14
Thursday, 23 Feb 2017 06:50am EST 

El Paso Electric Co : El Paso Electric announces fourth quarter and annual 2016 financial results . Q4 earnings per share $0.14 . Qtrly operating revenues net of $134.1 million versus $125.73 million . El Paso Electric Co- decided not to provide earnings guidance at this time for 2017 . El Paso Electric Co - on february 13, 2017, company filed a rate case in texas . El Paso Electric Co - capital expenditures for 2017 are expected to be approximately $215 million .El Paso Electric Co says outcome of rate case in texas could have a significant impact on company's results of operations in 2017.  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

BRIEF-El Paso Electric Q1 Loss Per Share $0.17

* SAYS REITERATING EARNINGS GUIDANCE FOR 2018 WITH A RANGE OF $2.30 TO $2.65 PER BASIC SHARE