El Paso Electric Company (EE) 46.26 $EE
New Mexico Public Regulation Commission Approves Rate Increase in El Paso Electric Rate Case
BusinessWire - Wed Jun 08, 1:44PM CDT
On June 8, 2016, the New Mexico Public Regulation Commission (the "NMPRC"
voted to approve an approximate $1.1 million increase in non-fuel base rates in El Paso Electric Company's ("EPE" or the "Company" (NYSE: EE) pending New Mexico rate case (Case No. 15-00127-UT). On May 11, 2015, EPE filed with the NMPRC for an annual increase in non-fuel base rates of approximately $8.6 million or 7.1%. Subsequently, the Company reduced its requested increase in non-fuel base rates to approximately $6.4 million. On February 16, 2016, the Hearing Examiner assigned to the case issued to the NMPRC a Recommended Decision proposing an annual increase in non-fuel base rates of approximately $640 thousand and a return on equity of 9.60%. The June 8 decision by the NMPRC deviated from the Hearing Examiner's Recommended Decision by lowering the return on equity to 9.48% and providing a reduction to the rate base offset related to the pension and other post-employment benefit liability. EPE currently anticipates new non-fuel base rates in New Mexico will become effective in the third quarter of 2016.
EE: 46.26 (-0.44)
El Paso Electric Announces an Increase in the Quarterly Dividend
BusinessWire - Thu May 26, 6:53PM CDT
The Board of Directors of El Paso Electric Company (NYSE:EE) has declared a regular quarterly cash dividend on its common stock of $0.31 per share. The dividend was declared on May 26, 2016, and is payable on June 30, 2016, to shareholders of record as of the close of business on June 15, 2016. At the new rate, the indicated annualized cash dividend would be $1.24 per share for the following year, up from $1.18 per share paid in the last four quarters.
EE: 46.26 (-0.44)
Texas Commission Issues Decision on Notice in Pending El Paso Electric Rate Case
BusinessWire - Thu May 19, 7:39PM CDT
On May 19, 2016, the Public Utility Commission of Texas ("PUCT" ruled that the initial notice provided by El Paso Electric Company ("Company" (NYSE: EE) in the rate case pending before the PUCT did not include the treatment of residential customers with solar systems that was subsequently contained in the non-unanimous settlement executed by the Company. Those four intervenors who did not join in the non-unanimous settlement had filed an appeal with the PUCT challenging the adequacy of the notice with respect to solar customers. The May 19 ruling from the PUCT, which has not been reduced to a written order, will remand the notice issue to the Administrative Law Judges ("ALJs", who are expected to establish a schedule for issuing additional notice. On April 22, 2016, the ALJs had issued an Order Setting Procedural Schedule, Notice of Hearing on the Merits, and Ruling on Notice, which ruled against the four intervenors on the notice issue. At this time the Company cannot predict what impact the PUCT ruling on notice will have on the Company's rate case or on the timing of when the PUCT will issue a Final Order in this rate case. However, it is possible that re-issuing notice could result in a significant delay in the issuance of a Final Order. Regardless of when the Final Order is issued, the new rates will relate back to consumption after January 12, 2016. Furthermore, as previously approved by the PUCT, the Company implemented interim rates, subject to refund or surcharge, effective April 1, 2016.
EE: 46.26 (-0.44)
El Paso Electric reports 1Q loss
Automated Insights - Wed May 04, 5:56AM CDT
EL PASO, Texas (AP) _ El Paso Electric Co. (EE) on Wednesday reported a first-quarter loss of $5.8 million, after reporting a profit in the same period a year earlier.
EE: 46.26 (-0.44)
El Paso Electric Announces First Quarter 2016 Financial Results
BusinessWire - Wed May 04, 5:50AM CDT
El Paso Electric Company (NYSE:EE):
EE: 46.26 (-0.44)
Scheduling Order Issued in El Paso Electric Company's Texas Rate Case Docket No. 44941
BusinessWire - Mon Apr 25, 7:36PM CDT
On April 22, 2016, the Administrative Law Judges ("ALJs" in El Paso Electric Company's (the "Company" or "EPE" (NYSE: EE) rate case pending before the Public Utility Commission of Texas ("PUCT" issued an Order Setting Procedural Schedule, Notice of Hearing on the Merits, and Ruling on Notice. The procedural schedule calls for, among other things, a hearing on June 21 - 22, 2016 on the merits of the proposed settlement of the rate case, which will not include the severed Four Corners Power Plant issue. At this time the Company cannot predict when the PUCT will issue a Final Order in this rate case. Regardless of when the Final Order is issued, the new rates will relate back to consumption on and after January 12, 2016. Furthermore, as approved by the ALJs, the Company implemented interim rates, subject to refund or surcharge, effective April 1, 2016.
EE: 46.26 (-0.44)
El Paso Electric First Quarter Earnings Release Date and Conference Call Notification
BusinessWire - Fri Apr 08, 1:12PM CDT
El Paso Electric (NYSE:EE) will release first quarter 2016 earnings on Wednesday, May 4, 2016. A conference call and presentation will be webcast on El Paso Electric's website, www.epelectric.com. Please use the following information to access the conference call by phone:
EE: 46.26 (-0.44)
Shares of EE Up 19.8% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Mon Apr 04, 1:28PM CDT
SmarTrend identified an Uptrend for El Paso Electric (NYSE:EE) on December 23rd, 2015 at $38.62. In approximately 3 months, El Paso Electric has returned 19.80% as of today's recent price of $46.26.
EE: 46.26 (-0.44)
Stratus Properties Inc. Announces Appointment of John C. Schweitzer to Its Board of Directors
BusinessWire - Mon Mar 28, 7:30AM CDT
Stratus Properties Inc. (NASDAQ: STRS) announced today the appointment of John C. Schweitzer to its Board of Directors. Mr. Schweitzer was appointed by the Board upon the recommendation of the Nominating and Corporate Governance Committee, will serve as a Class II director and will be up for re-election to the Board in 2018. He will fill a vacancy created by the resignation of John G. Wenker.
JPM: 63.20 (+0.93), STRS: 19.94 (+0.53), REG: 81.68 (-2.48), EE: 46.26 (-0.44)
El Paso Electric Files a Joint Stipulation in the Four Corners Abandonment/Sale
BusinessWire - Thu Feb 04, 11:55AM CST
On February 2, 2016, El Paso Electric Company (EPE) (NYSE: EE) filed a joint stipulation with the New Mexico Public Regulation Commission (NMPRC or Commission) reflecting a settlement agreement between Commission Utility Division Staff (Staff), EPE and the New Mexico Attorney General (NMAG) proposing approval of abandonment and sale of its seven percent minority ownership interest in Four Corners Units 4 and 5 and common facilities to Arizona Public Service Company (APS). The joint parties agree that the sale of Four Corners is in the public interest and will provide net benefits to customers and the public. EPE will meet with all parties to the proceeding to discuss this proposed resolution.
EE: 46.26 (-0.44)
El Paso Electric to pay dividend to holders of record as of 15 March 2016
M2 - Fri Jan 29, 6:30AM CST
The board of directors of El Paso Electric (NYSE:EE) declared on Thursday its regular quarterly dividend of USD0.295 per share on its common stock.
EE: 46.26 (-0.44)
El Paso Electric Announces Quarterly Dividend
BusinessWire - Thu Jan 28, 1:17PM CST
The Board of Directors of El Paso Electric (NYSE:EE) has declared a regular quarterly cash dividend on its common stock of $0.295 per share. The dividend was declared on January 28, 2016 and is payable on March 31, 2016 to shareholders of record as of March 15, 2016.
EE: 46.26 (-0.44)
El Paso Electric Fourth Quarter Earnings Release Date and Conference Call Notification
BusinessWire - Mon Jan 25, 5:24PM CST
El Paso Electric (NYSE:EE) will release fourth quarter 2015 earnings on Wednesday, February 24, 2016. A conference call and presentation will be webcast on El Paso Electric's website, www.epelectric.com. Please use the following information to access the conference call by phone:
EE: 46.26 (-0.44)
El Paso Electric Files Joint Motion to Abate Procedural Schedule in Texas Rate Case Docket No. 44941
BusinessWire - Thu Jan 21, 7:24PM CST
On January 21, 2016, El Paso Electric Company (EPE) (NYSE: EE) filed a joint motion to abate the procedural schedule related to its Public Utility Commission of Texas (PUCT) rate case proceeding to facilitate settlement talks. The PUCT Staff, the City of El Paso, the Office of Public Utility Counsel and the Texas Industrial Energy Consumers joined in this joint motion. The parties have made substantial progress in settlement talks but have not yet reached a full settlement agreement. An Order approving the joint motion, cancelling the prehearing conference scheduled for this Friday, January 22, 2016, and postponing the start of the hearing on the merits also was issued earlier today. EPE will file a status report on settlement progress with the Administrative Law Judges next Friday, January 29, 2016.
EE: 46.26 (-0.44)
El Paso Electric to pay dividend to holders of record as of 15 December 2015
M2 - Mon Dec 07, 6:45AM CST
The board of directors of El Paso Electric (NYSE:EE) declared on Friday its regular quarterly dividend of USD0.295 per share on its common stock.
EE: 46.26 (-0.44)
9.0% Return Seen to Date on SmarTrend El Paso Electric Call (EE)
Comtex SmarTrend(R) - Fri Nov 20, 1:29PM CST
SmarTrend identified an Uptrend for El Paso Electric (NYSE:EE) on September 24th, 2015 at $35.75. In approximately 2 months, El Paso Electric has returned 8.95% as of today's recent price of $38.95.
EE: 46.26 (-0.44)
Downgrade Alert for El Paso Electric (EE)
Comtex SmarTrend(R) - Fri Nov 20, 7:15AM CST
El Paso Electric (NYSE:EE) was downgraded from Hold to Underperform at Jefferies today. The stock closed yesterday at $39.42 on volume of 109,000 shares, below average daily volume of 185,000. In the past 52 weeks, shares of El Paso Electric have traded between a low of $33.77 and a high of $42.17 and closed yesterday at $39.42, which is 17% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.0%.
EE: 46.26 (-0.44)
El Paso Electric Up 11.0% Since SmarTrend Uptrend Call (EE)
Comtex SmarTrend(R) - Wed Nov 04, 10:33AM CST
SmarTrend identified an Uptrend for El Paso Electric (NYSE:EE) on September 24th, 2015 at $35.75. In approximately 1 month, El Paso Electric has returned 11.05% as of today's recent price of $39.70.
EE: 46.26 (-0.44)
New Mexico Public Regulation Commission Approves Rate Increase in El Paso Electric Rate Case
BusinessWire - Wed Jun 08, 1:44PM CDT
On June 8, 2016, the New Mexico Public Regulation Commission (the "NMPRC"
voted to approve an approximate $1.1 million increase in non-fuel base rates in El Paso Electric Company's ("EPE" or the "Company" (NYSE: EE) pending New Mexico rate case (Case No. 15-00127-UT). On May 11, 2015, EPE filed with the NMPRC for an annual increase in non-fuel base rates of approximately $8.6 million or 7.1%. Subsequently, the Company reduced its requested increase in non-fuel base rates to approximately $6.4 million. On February 16, 2016, the Hearing Examiner assigned to the case issued to the NMPRC a Recommended Decision proposing an annual increase in non-fuel base rates of approximately $640 thousand and a return on equity of 9.60%. The June 8 decision by the NMPRC deviated from the Hearing Examiner's Recommended Decision by lowering the return on equity to 9.48% and providing a reduction to the rate base offset related to the pension and other post-employment benefit liability. EPE currently anticipates new non-fuel base rates in New Mexico will become effective in the third quarter of 2016. EE: 46.26 (-0.44)
El Paso Electric Announces an Increase in the Quarterly Dividend
BusinessWire - Thu May 26, 6:53PM CDT
The Board of Directors of El Paso Electric Company (NYSE:EE) has declared a regular quarterly cash dividend on its common stock of $0.31 per share. The dividend was declared on May 26, 2016, and is payable on June 30, 2016, to shareholders of record as of the close of business on June 15, 2016. At the new rate, the indicated annualized cash dividend would be $1.24 per share for the following year, up from $1.18 per share paid in the last four quarters.
EE: 46.26 (-0.44)
Texas Commission Issues Decision on Notice in Pending El Paso Electric Rate Case
BusinessWire - Thu May 19, 7:39PM CDT
On May 19, 2016, the Public Utility Commission of Texas ("PUCT"
ruled that the initial notice provided by El Paso Electric Company ("Company" (NYSE: EE) in the rate case pending before the PUCT did not include the treatment of residential customers with solar systems that was subsequently contained in the non-unanimous settlement executed by the Company. Those four intervenors who did not join in the non-unanimous settlement had filed an appeal with the PUCT challenging the adequacy of the notice with respect to solar customers. The May 19 ruling from the PUCT, which has not been reduced to a written order, will remand the notice issue to the Administrative Law Judges ("ALJs", who are expected to establish a schedule for issuing additional notice. On April 22, 2016, the ALJs had issued an Order Setting Procedural Schedule, Notice of Hearing on the Merits, and Ruling on Notice, which ruled against the four intervenors on the notice issue. At this time the Company cannot predict what impact the PUCT ruling on notice will have on the Company's rate case or on the timing of when the PUCT will issue a Final Order in this rate case. However, it is possible that re-issuing notice could result in a significant delay in the issuance of a Final Order. Regardless of when the Final Order is issued, the new rates will relate back to consumption after January 12, 2016. Furthermore, as previously approved by the PUCT, the Company implemented interim rates, subject to refund or surcharge, effective April 1, 2016. EE: 46.26 (-0.44)
El Paso Electric reports 1Q loss
Automated Insights - Wed May 04, 5:56AM CDT
EL PASO, Texas (AP) _ El Paso Electric Co. (EE) on Wednesday reported a first-quarter loss of $5.8 million, after reporting a profit in the same period a year earlier.
EE: 46.26 (-0.44)
El Paso Electric Announces First Quarter 2016 Financial Results
BusinessWire - Wed May 04, 5:50AM CDT
El Paso Electric Company (NYSE:EE):
EE: 46.26 (-0.44)
Scheduling Order Issued in El Paso Electric Company's Texas Rate Case Docket No. 44941
BusinessWire - Mon Apr 25, 7:36PM CDT
On April 22, 2016, the Administrative Law Judges ("ALJs"
in El Paso Electric Company's (the "Company" or "EPE" (NYSE: EE) rate case pending before the Public Utility Commission of Texas ("PUCT" issued an Order Setting Procedural Schedule, Notice of Hearing on the Merits, and Ruling on Notice. The procedural schedule calls for, among other things, a hearing on June 21 - 22, 2016 on the merits of the proposed settlement of the rate case, which will not include the severed Four Corners Power Plant issue. At this time the Company cannot predict when the PUCT will issue a Final Order in this rate case. Regardless of when the Final Order is issued, the new rates will relate back to consumption on and after January 12, 2016. Furthermore, as approved by the ALJs, the Company implemented interim rates, subject to refund or surcharge, effective April 1, 2016. EE: 46.26 (-0.44)
El Paso Electric First Quarter Earnings Release Date and Conference Call Notification
BusinessWire - Fri Apr 08, 1:12PM CDT
El Paso Electric (NYSE:EE) will release first quarter 2016 earnings on Wednesday, May 4, 2016. A conference call and presentation will be webcast on El Paso Electric's website, www.epelectric.com. Please use the following information to access the conference call by phone:
EE: 46.26 (-0.44)
Shares of EE Up 19.8% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Mon Apr 04, 1:28PM CDT
SmarTrend identified an Uptrend for El Paso Electric (NYSE:EE) on December 23rd, 2015 at $38.62. In approximately 3 months, El Paso Electric has returned 19.80% as of today's recent price of $46.26.
EE: 46.26 (-0.44)
Stratus Properties Inc. Announces Appointment of John C. Schweitzer to Its Board of Directors
BusinessWire - Mon Mar 28, 7:30AM CDT
Stratus Properties Inc. (NASDAQ: STRS) announced today the appointment of John C. Schweitzer to its Board of Directors. Mr. Schweitzer was appointed by the Board upon the recommendation of the Nominating and Corporate Governance Committee, will serve as a Class II director and will be up for re-election to the Board in 2018. He will fill a vacancy created by the resignation of John G. Wenker.
JPM: 63.20 (+0.93), STRS: 19.94 (+0.53), REG: 81.68 (-2.48), EE: 46.26 (-0.44)
El Paso Electric Files a Joint Stipulation in the Four Corners Abandonment/Sale
BusinessWire - Thu Feb 04, 11:55AM CST
On February 2, 2016, El Paso Electric Company (EPE) (NYSE: EE) filed a joint stipulation with the New Mexico Public Regulation Commission (NMPRC or Commission) reflecting a settlement agreement between Commission Utility Division Staff (Staff), EPE and the New Mexico Attorney General (NMAG) proposing approval of abandonment and sale of its seven percent minority ownership interest in Four Corners Units 4 and 5 and common facilities to Arizona Public Service Company (APS). The joint parties agree that the sale of Four Corners is in the public interest and will provide net benefits to customers and the public. EPE will meet with all parties to the proceeding to discuss this proposed resolution.
EE: 46.26 (-0.44)
El Paso Electric to pay dividend to holders of record as of 15 March 2016
M2 - Fri Jan 29, 6:30AM CST
The board of directors of El Paso Electric (NYSE:EE) declared on Thursday its regular quarterly dividend of USD0.295 per share on its common stock.
EE: 46.26 (-0.44)
El Paso Electric Announces Quarterly Dividend
BusinessWire - Thu Jan 28, 1:17PM CST
The Board of Directors of El Paso Electric (NYSE:EE) has declared a regular quarterly cash dividend on its common stock of $0.295 per share. The dividend was declared on January 28, 2016 and is payable on March 31, 2016 to shareholders of record as of March 15, 2016.
EE: 46.26 (-0.44)
El Paso Electric Fourth Quarter Earnings Release Date and Conference Call Notification
BusinessWire - Mon Jan 25, 5:24PM CST
El Paso Electric (NYSE:EE) will release fourth quarter 2015 earnings on Wednesday, February 24, 2016. A conference call and presentation will be webcast on El Paso Electric's website, www.epelectric.com. Please use the following information to access the conference call by phone:
EE: 46.26 (-0.44)
El Paso Electric Files Joint Motion to Abate Procedural Schedule in Texas Rate Case Docket No. 44941
BusinessWire - Thu Jan 21, 7:24PM CST
On January 21, 2016, El Paso Electric Company (EPE) (NYSE: EE) filed a joint motion to abate the procedural schedule related to its Public Utility Commission of Texas (PUCT) rate case proceeding to facilitate settlement talks. The PUCT Staff, the City of El Paso, the Office of Public Utility Counsel and the Texas Industrial Energy Consumers joined in this joint motion. The parties have made substantial progress in settlement talks but have not yet reached a full settlement agreement. An Order approving the joint motion, cancelling the prehearing conference scheduled for this Friday, January 22, 2016, and postponing the start of the hearing on the merits also was issued earlier today. EPE will file a status report on settlement progress with the Administrative Law Judges next Friday, January 29, 2016.
EE: 46.26 (-0.44)
El Paso Electric to pay dividend to holders of record as of 15 December 2015
M2 - Mon Dec 07, 6:45AM CST
The board of directors of El Paso Electric (NYSE:EE) declared on Friday its regular quarterly dividend of USD0.295 per share on its common stock.
EE: 46.26 (-0.44)
9.0% Return Seen to Date on SmarTrend El Paso Electric Call (EE)
Comtex SmarTrend(R) - Fri Nov 20, 1:29PM CST
SmarTrend identified an Uptrend for El Paso Electric (NYSE:EE) on September 24th, 2015 at $35.75. In approximately 2 months, El Paso Electric has returned 8.95% as of today's recent price of $38.95.
EE: 46.26 (-0.44)
Downgrade Alert for El Paso Electric (EE)
Comtex SmarTrend(R) - Fri Nov 20, 7:15AM CST
El Paso Electric (NYSE:EE) was downgraded from Hold to Underperform at Jefferies today. The stock closed yesterday at $39.42 on volume of 109,000 shares, below average daily volume of 185,000. In the past 52 weeks, shares of El Paso Electric have traded between a low of $33.77 and a high of $42.17 and closed yesterday at $39.42, which is 17% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.0%.
EE: 46.26 (-0.44)
El Paso Electric Up 11.0% Since SmarTrend Uptrend Call (EE)
Comtex SmarTrend(R) - Wed Nov 04, 10:33AM CST
SmarTrend identified an Uptrend for El Paso Electric (NYSE:EE) on September 24th, 2015 at $35.75. In approximately 1 month, El Paso Electric has returned 11.05% as of today's recent price of $39.70.
EE: 46.26 (-0.44)
