El Paso Electric

EE NYSE
66.05
-0.36
-0.54%
After Hours: 66.05 0 0.00% 16:00 08/23 EDT
Open
66.34
Prev Close
66.41
High
66.50
Low
65.97
Volume
321.11K
Avg Vol (3M)
409.40K
52 Week High
66.83
52 Week Low
47.99
% Turnover
0.79%
Market Cap
2.69B
1D
5D
1M
3M
1Y
5Y

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Company Profile

El Paso Electric Company is a public utility company. As of December 31, 2016, the Company was engaged in the generation, transmission and distribution of electricity in an area of approximately 10,000 square miles in west Texas and southern New Mexico. As of December 31, 2016, the Company owned or had ownership interests in several electrical generating facilities providing it with a generating capability of approximately 2,080 megawatts (MW). The Company's energy sources consists of nuclear fuel, natural gas, coal, purchased power and generated by Company-owned solar photovoltaic panels. As of December 31, 2016, the Company had power purchase agreements for 107 MW from solar photovoltaic generation facilities. As of December 31, 2016, the Company served approximately 411,100 residential, commercial, industrial, public authority and wholesale customers. The Company distributes electricity to retail customers principally in El Paso, Texas and Las Cruces, New Mexico.
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