Bloomberg "Anywhere" Remote Login Bloomberg "Terminal" Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last €30.30 EUR
Change Today -0.347 / -1.13%
Volume 0.0
EPG On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 2:20 AM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

el paso electric co (EPG) Snapshot

Open
€30.28
Previous Close
€30.65
Day High
€30.30
Day Low
€30.28
52 Week High
01/26/15 - €36.24
52 Week Low
10/13/14 - €27.58
Market Cap
1.2B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
40.4M
EX-Date
09/14/15
P/E TM
--
Dividend
€1.18
Dividend Yield
3.18%
Current Stock Chart for EL PASO ELECTRIC CO (EPG)

el paso electric co (EPG) Related Businessweek News

No Related Businessweek News Found

el paso electric co (EPG) Details

El Paso Electric Company, a public utility company, engages in the generation, transmission, and distribution of electricity in west Texas and southern New Mexico. Its energy sources consist of nuclear fuel, natural gas, coal, purchased power, solar photovoltaic panels, and wind turbines. The company owns or has ownership interests in various electrical generating facilities with a net dependable generating capability of approximately 1,879 megawatts; four 345 Kilovolt (kV) transmission lines in New Mexico; and three 500 kV lines in Arizona. It distributes electricity to retail customers principally in El Paso, Texas; and Las Cruces, New Mexico. El Paso Electric Company also resells electricity to electric utilities and power marketers. The company serves approximately 399,000 residential, commercial, industrial, public authority, and wholesale customers. El Paso Electric Company was founded in 1901 and is based in El Paso, Texas.

1,000 Employees
Last Reported Date: 02/27/15
Founded in 1901

el paso electric co (EPG) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $919.2K
President
Total Annual Compensation: $344.4K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $298.3K
Executive Vice President
Total Annual Compensation: $370.3K
Executive Vice President
Total Annual Compensation: $324.1K
Compensation as of Fiscal Year 2014.

el paso electric co (EPG) Key Developments

El Paso Electric Co. - Special Call

To discuss the company's Texas rate case filing

El Paso Electric Co. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Revises Earnings Guidance for the Year 2015

El Paso Electric Co. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported operating revenues net of energy expenses of $157.95 million compared to $164.00 million a year ago. Earnings before interest, taxes, depreciation and amortization were $65.64 million compared to $74.13 million a year ago. Income before income taxes was $30.58 million compared to $44.86 million a year ago. Net income was $21.07 million or $0.52 per basic and diluted share compared to $30.10 million or $0.75 per basic and diluted share a year ago. Net income during the quarter was negatively impacted by an increase in operations and maintenance expense at fossil fuel generating plants, primarily due to increased -- due to an increased level of maintenance activity at the Newman and Four Corners plants. Net income during the quarter also declined by $0.04 per share due to the recognition of the Palo Verde performance awards in June 2014, with no comparable amounts in the current period. Revenues also declined due to lower revenues from residential customers, reflecting milder weather during the quarter. For the six months, the company reported operating revenues net of energy expenses of $272.80 million compared to $280.02 million a year ago. Earnings before interest, taxes, depreciation and amortization were $100.11 million compared to $109.70 million a year ago. Income before income taxes was $35.02 million compared to $50.95 million a year ago. Net income was $24.53 million or $0.61 per basic and diluted share compared to $34.71 million or $0.86 per basic and diluted share a year ago. Net cash provided by operating activities was $60.38 million compared to $56.97 million a year ago. Cash additions to utility property, plant and equipment were $147.04 million compared to $105.999 million a year ago. The company revised earnings guidance for the year 2015. The company is adjusting its earnings guidance for 2015 to a range of $1.75 to $2.05 per basic share from the previous range of $1.75 to 2.15. Capital expenditures for 2015 are expected to be $276.3 million. The company is narrowing its range primarily to reflect the weaker levels of revenues they experienced during the quarter. At the midpoint of current guidance range for 2015, a rate of return on average common equity of 7.7% would be earned significantly below authorized ROE.

El Paso Electric Quarterly Cash Dividend, Payable on September 30, 2015

The Board of Directors of El Paso Electric declared regular quarterly cash dividend on its common stock of $0.295 per share. The dividend was declared on July 23, 2015 and is payable on September 30, 2015, to shareholders of record on September 16, 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
EPG:GR €30.30 EUR -0.347

EPG Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Black Hills Corp $38.27 USD -0.06
MGE Energy Inc $38.37 USD +0.33
Northwest Natural Gas Co $42.92 USD -0.12
Otter Tail Corp $25.41 USD +0.19
Empire District Electric Co/The $20.92 USD -0.11
View Industry Companies
 

Industry Analysis

EPG

Industry Average

Valuation EPG Industry Range
Price/Earnings 17.1x
Price/Sales 1.6x
Price/Book 1.4x
Price/Cash Flow 8.3x
TEV/Sales 0.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact EL PASO ELECTRIC CO, please visit www.epelectric.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.