El Paso Electric Company (NYSE:EE) Files An 8-K Results of Operations and Financial Condition
ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION
quarter ended March 31,>2017. A copy of the press release
containing the announcement and a copy of the presentation at the
Company’s 1st Quarter 2017 Earnings Conference Call is included as
Exhibit 99.01 and Exhibit 99.02 to this Current Report and is
incorporated herein by reference. The Company does not intend for
this exhibit to be incorporated by reference into future filings
under the Securities Exchange Act of 1934.
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About El Paso Electric Company (NYSE:EE)
El Paso Electric Company is 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. The Company owns or has ownership interests in several electrical generating facilities providing it with a generating capability of over 2,055 Megawatts. The Company’s energy sources consists of approximately 47% nuclear fuel, 34% natural gas, 6% coal, 13% purchased power and 1% generated by Company-owned solar photovoltaic panels and wind turbines. The Company has power purchase agreements for over 107 Megawatts from solar photovoltaic generation facilities. The Company serves approximately 404,500 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. In addition, its wholesale sales include sales for resale to other electric utilities and power marketers. El Paso Electric Company (NYSE:EE) Recent Trading Information
El Paso Electric Company (NYSE:EE) closed its last trading session down -0.30 at 50.85 with 173,948 shares trading hands.