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El Paso Electric Co (EE.N)

EE.N on New York Stock Exchange

58.95USD
21 Sep 2018
Change (% chg)

$0.30 (+0.51%)
Prev Close
$58.65
Open
$58.55
Day's High
$59.15
Day's Low
$58.35
Volume
291,111
Avg. Vol
70,421
52-wk High
$64.25
52-wk Low
$48.05

Latest Key Developments (Source: Significant Developments)

El Paso Electric Co Says Entered Into Third Amended And Restated Credit Agreement
Thursday, 13 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

El Paso Electric Says Commission of Texas Approves Final Order in Rate Case
Thursday, 14 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
Tuesday, 19 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

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