Edition:
United Kingdom

El Paso Electric Co (EE.N)

EE.N on New York Stock Exchange

66.15USD
9:02pm BST
Change (% chg)

$-0.05 (-0.08%)
Prev Close
$66.20
Open
$66.36
Day's High
$66.36
Day's Low
$66.13
Volume
62,489
Avg. Vol
97,850
52-wk High
$66.83
52-wk Low
$47.99

Latest Key Developments (Source: Significant Developments)

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
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 to be bought by an infrastructure fund for $2.78 billion

Utility El Paso Electric Co will be acquired by an infrastructure fund for $2.78 billion in an all-cash deal, the firms said on Monday.