Last $38.33 USD
Change Today +0.80 / 2.13%
Volume 137.4K
EE On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 4:04 PM 12/17/14 All times are local (Market data is delayed by at least 15 minutes).

el paso electric co (EE) Snapshot

Open
$37.63
Previous Close
$37.53
Day High
$38.44
Day Low
$37.47
52 Week High
07/1/14 - $40.43
52 Week Low
03/12/14 - $33.44
Market Cap
1.5B
Average Volume 10 Days
220.7K
EPS TTM
$2.13
Shares Outstanding
40.4M
EX-Date
12/10/14
P/E TM
18.0x
Dividend
$1.12
Dividend Yield
2.89%
Current Stock Chart for EL PASO ELECTRIC CO (EE)

el paso electric co (EE) Related Businessweek News

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el paso electric co (EE) Details

El Paso Electric Company, a public utility company, is engaged 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 1,852 megawatts; four 345 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; and resells electricity to electric utilities and power marketers. The company serves approximately 394,000 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: 02/26/14
Founded in 1901

el paso electric co (EE) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: $972.1K
President
Total Annual Compensation: $307.9K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $243.0K
Executive Vice President
Total Annual Compensation: $358.9K
Executive Vice President
Total Annual Compensation: $311.5K
Compensation as of Fiscal Year 2013.

el paso electric co (EE) Key Developments

El Paso Electric Company Announces Issuance of $150,000,000 Aggregate Principal Amount of 5.000% Senior Notes Due December 1, 2044

On December 1, 2014, El Paso Electric Company closed its issuance and sale of $150,000,000 aggregate principal amount of its 5.000% Senior Notes due December 1, 2044 pursuant to an underwriting agreement dated November 24, 2014 between the Company and J.P. Morgan Securities LLC and Mitsubishi UFJ Securities (USA) Inc., as representatives of the several underwriters named therein. The net proceeds from the sale of the Senior Notes will be used for general corporate purposes, which may include funding capital expenditures, and to repay outstanding short-term borrowings used for working capital purposes under the Company's Second Amended and Restated Credit Agreement dated as of January 14, 2014.

El Paso Electric Company Appoints Richard Turner as Vice President of Corporate Development

El Paso Electric Company has appointed Richard Turner as vice president of corporate development. Richard will continue to oversee project management, process improvement activities, emerging technologies, renewable energy development, asset optimization and infrastructure initiatives, and new construction activities.

El Paso Electric Declares Regular Quarterly Cash Dividend, Payable on December 30, 2014

The board of directors of El Paso Electric has declared a regular quarterly cash dividend on its common stock of $0.28 per share. The dividend was declared on November 20, 2014, and is payable on December 30, 2014, to shareholders of record on December 12, 2014.

 

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Industry Analysis

EE

Industry Average

Valuation EE Industry Range
Price/Earnings 17.1x
Price/Sales 1.7x
Price/Book 1.5x
Price/Cash Flow 8.9x
TEV/Sales 0.5x
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