| Business Summary | | El
Paso
Electric
Company
is
a
public
utility
company
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
wholesale
customers
in
Texas,
New
Mexico,
California
and
Mexico.
The
Company
owns
or
has
significant
ownership
interests
in
five
electrical
generating
facilities
providing
it
with
a
total
capacity
of
approximately
1,500
MW. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | EE
is
a
utility
that
is
engaged
in
the
generation,
transission
and
distribution
of
electricity
to
retail
customers
in
west
TX
and
southern
NM
and
wholesale
customers
in
TX,
NM,
CA
and
Mexico.
For
the
six
months
ended
6/30/01,
revenues
rose
28%
to
$396.5
million.
Net
income
before
extraordinary
item
rose
30%
to
$30.9
million.
Revenues
reflect
higher
retail
sales
and
an
increase
in
kWh
sales
to
IID
and
CFE.
Net
income
also
reflects
the
absence
of
a
$1
million
litigation
settlement. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| James Haines, Jr., 54 Pres,
CEO, Director | $430K | $684K | Gary Hedrick, 46 Exec.
VP, CFO, Chief Admin. Officer | 291K | -- | Eduardo Rodriguez, 45 Exec.
VP, COO | 328K | -- | Terry Bassham, 40 Exec.
VP, Gen. Counsel | 248K | -- | Julius Bates, 50 VP-
Transmission & Distribution | 233K | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|