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El Paso Electric Co (EE.N)

EE.N on New York Stock Exchange

68.24USD
25 Feb 2020
Change (% chg)

$-0.04 (-0.06%)
Prev Close
$68.28
Open
$68.28
Day's High
$68.31
Day's Low
$68.22
Volume
85,922
Avg. Vol
76,849
52-wk High
$74.44
52-wk Low
$52.83

Latest Key Developments (Source: Significant Developments)

El Paso Electric Shareholders Approve Agreement To Be Purchased By IIF
Thursday, 19 Sep 2019 

Sept 19 (Reuters) - El Paso Electric Co ::EL PASO ELECTRIC COMPANY SHAREHOLDERS APPROVE AGREEMENT TO BE PURCHASED BY THE INFRASTRUCTURE INVESTMENTS FUND, AN INVESTMENT VEHICLE ADVISED BY J.P. MORGAN INVESTMENT MANAGEMENT INC..EL PASO ELECTRIC CO - OF SHARES VOTED, APPROXIMATELY 99.61 PERCENT VOTED TO APPROVE AND ADOPT AGREEMENT.EL PASO ELECTRIC CO - CONTINUES TO ANTICIPATE CLOSING TRANSACTION IN FIRST HALF OF 2020..  Full Article

El Paso Electric Says On Termination Under Certain Specified Circumstances Sun Jupiter Holdings To Pay $170 Mln To Co
Monday, 3 Jun 2019 

June 3 (Reuters) - El Paso Electric Co ::EL PASO ELECTRIC - UNDER AGREEMENT,ON TERMINATION UNDER CERTAIN SPECIFIED CIRCUMSTANCES, SUN JUPITER HOLDINGS TO PAY TERMINATION FEE OF $170 MILLION TO CO.EL PASO ELECTRIC - UNDER AGREEMENT, IN OTHER SPECIFIED CIRCUMSTANCES, CO WOULD BE REQUIRED TO PAY SUN JUPITER HOLDINGS TERMINATION FEE OF $85 MILLION.  Full Article

El Paso Electric To Be Purchased By Infrastructure Investments Fund
Monday, 3 Jun 2019 

June 3 (Reuters) - El Paso Electric Co ::EL PASO ELECTRIC ENTERS INTO AGREEMENT TO BE PURCHASED BY THE INFRASTRUCTURE INVESTMENTS FUND, AN INVESTMENT VEHICLE ADVISED BY J.P. MORGAN INVESTMENT MANAGEMENT INC..EL PASO ELECTRIC CO - DEAL FOR $4.3 BILLION..EL PASO ELECTRIC CO - PROPOSED DEAL FOR $68.25 IN CASH PER SHARE.EL PASO ELECTRIC CO - EL PASO ELECTRIC TO REMAIN INDEPENDENTLY-OPERATED, REGULATED UTILITY.EL PASO ELECTRIC CO - DEAL FOR $68.25 IN CASH PER SHARE.EL PASO ELECTRIC CO - AGREEMENT HAS BEEN UNANIMOUSLY APPROVED BY EPE'S BOARD OF DIRECTORS.EL PASO ELECTRIC CO - DIVIDENDS PAYABLE TO EPE SHAREHOLDERS WILL CONTINUE IN ORDINARY COURSE THROUGH CLOSING.EL PASO ELECTRIC CO - IIF HAS A COMMITTED BRIDGE FINANCING FACILITY IN PLACE LED BY BOFA MERRILL LYNCH TO SUPPORT TRANSACTION.  Full Article

El Paso Electric Reports Q1 Earnings Per Share Of $0.15
Wednesday, 8 May 2019 

May 8 (Reuters) - El Paso Electric Co ::EL PASO ELECTRIC ANNOUNCES FIRST QUARTER 2019 FINANCIAL RESULTS.Q1 EARNINGS PER SHARE $0.15.Q1 ADJUSTED LOSS PER SHARE $0.17.ADJUSTING GAAP EARNINGS GUIDANCE FOR 2019 WITH A RANGE OF $2.25 TO $2.95 PER BASIC SHARE.SEES 2019 NON-GAAP EARNINGS IN RANGE OF $2.10 TO $2.45 PER BASIC SHARE.  Full Article

El Paso Electric Co Quarterly Earnings Per Share $1.79
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - El Paso Electric Co ::EL PASO ELECTRIC CO QUARTERLY EARNINGS PER SHARE $1.79.EL PASO ELECTRIC CO QUARTERLY ADJUSTED BASIC EARNINGS PER SHARE $1.62.EL PASO ELECTRIC CO - ADJUSTING GAAP EARNINGS GUIDANCE FOR 2018 TO $2.25 TO $2.50 PER BASIC SHARE FROM PREVIOUS RANGE OF $2.25 TO $2.55 PER BASIC SHARE.EL PASO ELECTRIC CO - ADJUSTING 2018 NON-GAAP BASIC SHARE GUIDANCE RANGE TO $2.20 TO $2.35 FROM PREVIOUS RANGE OF $2.05 TO $2.30.EL PASO ELECTRIC CO QUARTERLY OPERATING REVENUES $300.3 MILLION VERSUS $297.5 MILLION.  Full Article

El Paso Electric Co Says Entered Into Third Amended And Restated Credit Agreement
Friday, 14 Sep 2018 

Sept 13 (Reuters) - El Paso Electric Co ::EL PASO ELECTRIC CO - ENTERED INTO A THIRD AMENDED AND RESTATED CREDIT AGREEMENT - SEC FILING.EL PASO ELECTRIC CO - UNDER TERMS, CO HAS $350 MILLION REVOLVING CREDIT FACILITY FOR A TERM ENDING SEPTEMBER 13, 2023.  Full Article

El Paso Electric Q2 Earnings Per Share $0.82
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - El Paso Electric Co ::Q2 EARNINGS PER SHARE $0.82.ADJUSTING 2018 GAAP EARNINGS GUIDANCE FOR 2018 TO $2.25 TO $2.55 PER BASIC SHARE.SEES 2018 NON-GAAP EARNINGS GUIDANCE RANGE IS $2.05 TO $2.30 PER BASIC SHARE.  Full Article

El Paso Electric Reports Q2 Earnings Per Share Of $0.82
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - El Paso Electric Co ::EL PASO ELECTRIC ANNOUNCES SECOND QUARTER 2018 FINANCIAL RESULTS.Q2 EARNINGS PER SHARE $0.82.ADJUSTING OUR GAAP EARNINGS GUIDANCE FOR 2018 TO $2.25 TO $2.55 PER BASIC SHARE.FY NON-GAAP EARNINGS GUIDANCE RANGE IS $2.05 TO $2.30 PER BASIC SHARE.QTRLY OPERATING REVENUE $236.8 MILLION.QTRLY ADJUSTED. BASIC EARNINGS PER SHARE $0.76.  Full Article