Company Quick10K Filing
El Paso Electric
10-Q 2020-03-31 Filed 2020-05-08
10-K 2019-12-31 Filed 2020-02-27
10-Q 2019-09-30 Filed 2019-11-07
10-Q 2019-06-30 Filed 2019-08-07
10-Q 2019-03-31 Filed 2019-05-08
10-K 2018-12-31 Filed 2019-02-28
10-Q 2018-09-30 Filed 2018-11-02
10-Q 2018-06-30 Filed 2018-08-03
10-Q 2018-03-31 Filed 2018-05-04
10-K 2017-12-31 Filed 2018-02-28
10-Q 2017-09-30 Filed 2017-11-03
10-Q 2017-06-30 Filed 2017-08-04
10-Q 2017-03-31 Filed 2017-05-05
10-K 2016-12-31 Filed 2017-02-24
10-Q 2016-09-30 Filed 2016-11-04
10-Q 2016-06-30 Filed 2016-08-05
10-Q 2016-03-31 Filed 2016-05-06
10-K 2015-12-31 Filed 2016-02-29
10-Q 2015-09-30 Filed 2015-11-06
10-Q 2015-06-30 Filed 2015-08-07
10-Q 2015-03-31 Filed 2015-05-07
10-K 2014-12-31 Filed 2015-02-27
10-Q 2014-09-30 Filed 2014-11-06
10-Q 2014-06-30 Filed 2014-08-07
10-Q 2014-03-31 Filed 2014-05-08
10-K 2013-12-31 Filed 2014-02-26
10-Q 2013-09-30 Filed 2013-11-07
10-Q 2013-06-30 Filed 2013-08-06
10-Q 2013-03-31 Filed 2013-05-08
10-K 2012-12-31 Filed 2013-02-25
10-Q 2012-09-30 Filed 2012-11-02
10-Q 2012-06-30 Filed 2012-08-03
10-Q 2012-03-31 Filed 2012-05-04
10-K 2011-12-31 Filed 2012-02-27
10-Q 2011-09-30 Filed 2011-11-07
10-Q 2011-06-30 Filed 2011-08-08
10-Q 2011-03-31 Filed 2011-05-06
10-K 2010-12-31 Filed 2011-02-28
10-Q 2010-09-30 Filed 2010-11-08
10-Q 2010-06-30 Filed 2010-08-06
10-Q 2010-03-31 Filed 2010-05-06
10-K 2009-12-31 Filed 2010-02-26
8-K 2020-05-07 Earnings, Regulation FD, Exhibits
8-K 2020-03-30 Officers, Regulation FD, Other Events, Exhibits
8-K 2020-02-26 Earnings, Regulation FD, Exhibits
8-K 2019-11-06 Earnings, Regulation FD, Exhibits
8-K 2019-09-19 Shareholder Vote, Regulation FD, Exhibits
8-K 2019-09-09 Other Events
8-K 2019-08-13 Other Events
8-K 2019-08-06 Earnings, Regulation FD, Exhibits
8-K 2019-07-25 Officers
8-K 2019-06-25 Officers, Regulation FD, Exhibits
8-K 2019-06-01 Enter Agreement, Officers, Regulation FD, Exhibits
8-K 2019-05-23 Shareholder Vote, Other Events
8-K 2019-05-22 Other Events
8-K 2019-05-08 Earnings, Regulation FD, Exhibits
8-K 2019-02-27 Earnings, Regulation FD, Exhibits
8-K 2018-12-26 Officers, Other Events, Exhibits
8-K 2018-11-01 Earnings, Exhibits
8-K 2018-09-13 Enter Agreement, Leave Agreement, Off-BS Arrangement, Exhibits
8-K 2018-08-02 Earnings, Exhibits
8-K 2018-06-28 Off-BS Arrangement, Exhibits
8-K 2018-05-24 Shareholder Vote, Other Events
8-K 2018-05-03 Earnings, Exhibits
8-K 2018-04-05 Officers
8-K 2018-02-27 Earnings, Exhibits
8-K 2018-01-31 Officers, Exhibits

El Paso Electric Financials

EE Metrics, Comps, Filings

Quarterly | Annual

Business

El Paso Electric Company (the "Company") is a public utility 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 also serves a full requirements wholesale customer in Texas. The Company owns or has significant ownership interests in several electrical generating facilities providing it with a net dependable generating capacity of approximately 2,085 megawatts ("MW"). For the year ended December 31, 2018, the Company's energy sources consisted of approximately 44% nuclear fuel, 44% natural gas, 12% purchased power and less than 1% generated by Company-owned solar photovoltaic panels. As of December 31, 2018, the Company had power purchase agreements for 107 MW from solar photovoltaic generation facilities and intends to expand its portfolio of renewable energy sources, particularly solar photovoltaic generation. See "Energy Sources - Purchased Power."

The Company serves approximately 425,000 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 (representing approximately 64% and 11%, respectively, of the Company's retail revenues for the year ended December 31, 2018). In addition, the Company's wholesale sales include sales for resale to other electric utilities and power marketers. Principal industrial, public authority and other large retail customers of the Company include U.S. military installations, such as Fort Bliss in Texas and White Sands Missile Range ("White Sands") and Holloman Air Force Base ("HAFB") in New Mexico, an oil refinery, several medical centers, two large universities and a steel production facility.

The Company's principal offices are located at the Stanton Tower, 100 North Stanton, El Paso, Texas 79901 (telephone: 915-543-5711). The Company was incorporated in Texas in 1901. As of January 31, 2019, the Company had approximately 1,100 employees, 37% of whom are covered by a collective bargaining agreement.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
IDACORP (IDA) 5,266 0% 16.7 3% 6,502 2,251 1,010 0 186 409 6,842
Portland General Electric (POR) 5,062 0% 13.6 2% 8,154 5,590 1,577 0 153 573 7,805
Hawaiian Electric Industries (HE) 4,850 0% 22.9 2% 13,518 11,241 2,993 0 203 286 6,558
PNM Resources (PNM) 4,151 0% 14.6 2% 7,201 5,454 1,113 0 160 490 7,162
Nextera Energy Partners (NEP) 4,037 0% -44.3 -1% 11,595 5,419 804 0 -144 -179 7,925
Ormat Technologies (ORA) 3,799 38% 10.5 3% 3,259 1,746 753 286 98 346 3,619
Terraform Power (TERP) 3,708 0% 49.4 -1% 9,929 7,441 948 0 -129 200 9,885
El Paso Electric (EE) 2,728 63% 21.3 2% 3,800 2,571 863 541 95 192 4,098
Pattern Energy Group (PEGI) 2,667 1% -1,284.6 -2% 5,396 3,567 507 6 -101 -4 5,138
MGE Energy (MGEE) 2,605 27.9 4% 2,067 728 0 0 87 109 3,037
Covanta Holding (CVA) 2,302 18% 42.9 0% 3,798 3,421 1,885 347 7 109 4,677
Otter Tail (OTTR) 2,160 0% 19.8 3% 2,180 1,424 18 0 66 139 2,751
Atlantica Yield (AY) 1,900 0% 9,919 8,163 0 0 0 0 1,604
Kenon Holdings (KEN) 834 0% 1,455 739 0 0 0 0 784
Azure Power Global (AZRE) 464 0% 108,864 83,467 0 0 0 0 56,261
Atlantic Power (AT) 326 0% 3.2 2% 988 786 288 0 20 83 267
Sky Solar Holdings (SKYS) 248 0% 585 507 0 0 0 0 248
Ellomay Capital (ELLO) 83 0% 211 134 0 0 0 0 47
EnSync (ESNC) 20 22% -1.5 -116% 10 4 11 2 -12 -12 17
Eastern Light Capital (ELC) 18 0% -144.3 -3% 5 2 0 0 -0 -0 20

Balance Sheet ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash29677927588610911144126226131313418101384110108511773121613471316
Accounts Receivable97113727010711576659698636710798655999113716592104665810511388851251288977107118787096115
Inventory
PP&E1,8401,8621,8671,8801,8991,9632,2322,2552,2602,2862,3132,4142,5172,5472,5712,6112,6222,6622,6862,7102,7142,7902,8182,8582,876
Assets2,2602,3512,3652,3522,3672,3852,3972,4462,5112,5432,6692,6622,7082,7772,7862,7922,8892,9663,0593,0793,1713,2103,2343,2603,3123,3733,3763,4013,4913,5053,4843,5063,5803,6443,6293,7193,7663,800
Accounts Payable3337423653505234413862345447624766627949625160334470634653575936527458475761
Long-Term Debt8638648548638508508831508508501,0221,0001,0001,0001,0141,0001,0001,0001,1641,1491,1491,1341,2761,2781,2781,2781,3601,2791,2791,1961,3701,1961,3851,3851,4341,3231,3861,386
Liabilities7767107057006997568208709138638458338608848431,8431,9151,9502,0752,1032,1872,1892,2172,2612,3012,2982,3022,3382,4062,3692,3422,3862,4422,4472,4642,5612,5972,571
Stockholders' Equity7447918108038188137607607828308258298488949449499741,0169849759851,0211,0171,0001,0111,0751,0741,0631,0861,1361,1421,1201,1381,1971,1641,1581,1691,229
Income Statement ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue175236300191174203294
Cost of Revenue71483251
Gross Profit229126171244
R&D
SG&A
Tax1227021734-311628131627011523211025-0011432-120330-311232723
Net Income22607733585331525829511530524321571-622756-436606-73373-1562678
Cash Flow ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating1047622271297335571107184413463312611869261167014271365426421517026481472631
Cash Investing-45-52-66-57-57-57-85-62-51-68-67-67-62-87-63-67-97-103-91-78-85-69-60-77-69-69-67-76-60-66-67-70
Cash Financing-21-12-98-69-15488-6099-8-9-21-122041-206232-3611892-59133931-108-84522-77755