Edition:
India

El Paso Electric Co (EE.N)

EE.N on New York Stock Exchange

50.80USD
26 Apr 2018
Change (% chg)

$0.85 (+1.70%)
Prev Close
$49.95
Open
$50.00
Day's High
$50.85
Day's Low
$49.75
Volume
39,915
Avg. Vol
65,071
52-wk High
$61.15
52-wk Low
$48.05

Latest Key Developments (Source: Significant Developments)

El Paso Electric Says Commission of Texas Approves Final Order in Rate Case
Friday, 15 Dec 2017 

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 

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 

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, City of El Paso agree on settlement terms for Texas rate case
Wednesday, 20 Sep 2017 

Sept 19 (Reuters) - El Paso Electric Co ::El Paso Electric and City of El Paso agree in principle on terms of settlement for Texas rate case docket no. 46831​.Terms of proposed settlement include an annual non-fuel base rate increase of $14.5 million; a return on equity of 9.65 percent.  Full Article

Public Utility Commission Of Texas approves final order in El Paso Electric Co's rate case
Friday, 19 Aug 2016 

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 

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 

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
Friday, 22 Jul 2016 

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
Friday, 27 May 2016 

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
Friday, 27 May 2016 

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

BRIEF-El Paso Electric Reports Qtrly EPS $0.16

* QTRLY OPERATING REVENUES $196.15 MILLION VERSUS $188 MILLION