Intrinsic value of El Paso Electric - EE

Previous Close

$63.45

  Intrinsic Value

$7.14

stock screener

  Rating & Target

str. sell

-89%

Previous close

$63.45

 
Intrinsic value

$7.14

 
Up/down potential

-89%

 
Rating

str. sell

We calculate the intrinsic value of EE stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2017), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 2.5

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046
   2047

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  3.40
  3.56
  3.70
  3.83
  3.95
  4.06
  4.15
  4.23
  4.31
  4.38
  4.44
  4.50
  4.55
  4.59
  4.63
  4.67
  4.70
  4.73
  4.76
  4.78
  4.81
  4.82
  4.84
  4.86
  4.87
  4.89
  4.90
  4.91
  4.92
  4.92
Revenue, $m
  948
  982
  1,018
  1,057
  1,099
  1,144
  1,191
  1,242
  1,295
  1,352
  1,412
  1,475
  1,542
  1,613
  1,688
  1,767
  1,850
  1,938
  2,030
  2,127
  2,229
  2,337
  2,450
  2,569
  2,694
  2,826
  2,964
  3,109
  3,262
  3,423
Variable operating expenses, $m
  740
  766
  794
  825
  857
  892
  929
  968
  1,010
  1,054
  1,101
  1,151
  1,203
  1,258
  1,317
  1,378
  1,443
  1,511
  1,583
  1,659
  1,739
  1,823
  1,911
  2,004
  2,101
  2,204
  2,312
  2,425
  2,545
  2,670
Fixed operating expenses, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  740
  766
  794
  825
  857
  892
  929
  968
  1,010
  1,054
  1,101
  1,151
  1,203
  1,258
  1,317
  1,378
  1,443
  1,511
  1,583
  1,659
  1,739
  1,823
  1,911
  2,004
  2,101
  2,204
  2,312
  2,425
  2,545
  2,670
Operating income, $m
  209
  216
  224
  233
  242
  252
  262
  273
  285
  297
  311
  325
  339
  355
  371
  389
  407
  426
  447
  468
  490
  514
  539
  565
  593
  622
  652
  684
  718
  753
EBITDA, $m
  506
  524
  543
  564
  586
  610
  636
  663
  691
  721
  753
  787
  823
  861
  901
  943
  987
  1,034
  1,083
  1,135
  1,189
  1,247
  1,307
  1,371
  1,438
  1,508
  1,582
  1,659
  1,741
  1,827
Interest expense (income), $m
  70
  74
  78
  83
  88
  93
  99
  105
  112
  119
  126
  134
  142
  151
  160
  170
  180
  191
  203
  215
  228
  241
  255
  270
  285
  302
  319
  337
  356
  377
  398
Earnings before tax, $m
  135
  138
  141
  145
  148
  152
  157
  161
  166
  171
  177
  182
  188
  195
  201
  208
  216
  224
  232
  240
  249
  259
  269
  280
  291
  302
  315
  328
  341
  355
Tax expense, $m
  36
  37
  38
  39
  40
  41
  42
  44
  45
  46
  48
  49
  51
  53
  54
  56
  58
  60
  63
  65
  67
  70
  73
  76
  79
  82
  85
  88
  92
  96
Net income, $m
  98
  101
  103
  106
  108
  111
  114
  118
  121
  125
  129
  133
  137
  142
  147
  152
  157
  163
  169
  175
  182
  189
  196
  204
  212
  221
  230
  239
  249
  259

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  3,605
  3,734
  3,872
  4,020
  4,179
  4,349
  4,529
  4,721
  4,924
  5,140
  5,368
  5,610
  5,865
  6,134
  6,419
  6,718
  7,034
  7,367
  7,718
  8,087
  8,476
  8,885
  9,315
  9,768
  10,244
  10,744
  11,270
  11,823
  12,404
  13,015
Adjusted assets (=assets-cash), $m
  3,605
  3,734
  3,872
  4,020
  4,179
  4,349
  4,529
  4,721
  4,924
  5,140
  5,368
  5,610
  5,865
  6,134
  6,419
  6,718
  7,034
  7,367
  7,718
  8,087
  8,476
  8,885
  9,315
  9,768
  10,244
  10,744
  11,270
  11,823
  12,404
  13,015
Revenue / Adjusted assets
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
  0.263
Average production assets, $m
  2,973
  3,079
  3,193
  3,316
  3,447
  3,587
  3,735
  3,894
  4,061
  4,239
  4,428
  4,627
  4,837
  5,059
  5,294
  5,541
  5,802
  6,076
  6,366
  6,670
  6,991
  7,328
  7,683
  8,056
  8,449
  8,861
  9,295
  9,751
  10,231
  10,735
Working capital, $m
  193
  200
  208
  216
  224
  233
  243
  253
  264
  276
  288
  301
  315
  329
  344
  360
  377
  395
  414
  434
  455
  477
  500
  524
  550
  576
  605
  634
  666
  698
Total debt, $m
  1,450
  1,536
  1,629
  1,729
  1,836
  1,949
  2,071
  2,200
  2,336
  2,481
  2,635
  2,797
  2,968
  3,149
  3,340
  3,542
  3,754
  3,978
  4,214
  4,462
  4,723
  4,998
  5,287
  5,591
  5,911
  6,247
  6,601
  6,972
  7,363
  7,773
Total liabilities, $m
  2,423
  2,509
  2,602
  2,702
  2,808
  2,922
  3,044
  3,172
  3,309
  3,454
  3,608
  3,770
  3,941
  4,122
  4,313
  4,515
  4,727
  4,951
  5,187
  5,435
  5,696
  5,971
  6,260
  6,564
  6,884
  7,220
  7,574
  7,945
  8,336
  8,746
Total equity, $m
  1,183
  1,225
  1,270
  1,319
  1,371
  1,426
  1,486
  1,548
  1,615
  1,686
  1,761
  1,840
  1,924
  2,012
  2,105
  2,204
  2,307
  2,417
  2,532
  2,653
  2,780
  2,914
  3,055
  3,204
  3,360
  3,524
  3,697
  3,878
  4,069
  4,269
Total liabilities and equity, $m
  3,606
  3,734
  3,872
  4,021
  4,179
  4,348
  4,530
  4,720
  4,924
  5,140
  5,369
  5,610
  5,865
  6,134
  6,418
  6,719
  7,034
  7,368
  7,719
  8,088
  8,476
  8,885
  9,315
  9,768
  10,244
  10,744
  11,271
  11,823
  12,405
  13,015
Debt-to-equity ratio
  1.230
  1.250
  1.280
  1.310
  1.340
  1.370
  1.390
  1.420
  1.450
  1.470
  1.500
  1.520
  1.540
  1.570
  1.590
  1.610
  1.630
  1.650
  1.660
  1.680
  1.700
  1.710
  1.730
  1.750
  1.760
  1.770
  1.790
  1.800
  1.810
  1.820
Adjusted equity ratio
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328
  0.328

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  98
  101
  103
  106
  108
  111
  114
  118
  121
  125
  129
  133
  137
  142
  147
  152
  157
  163
  169
  175
  182
  189
  196
  204
  212
  221
  230
  239
  249
  259
Depreciation, amort., depletion, $m
  297
  308
  319
  332
  345
  359
  374
  389
  406
  424
  443
  463
  484
  506
  529
  554
  580
  608
  637
  667
  699
  733
  768
  806
  845
  886
  930
  975
  1,023
  1,073
Funds from operations, $m
  396
  408
  422
  437
  453
  470
  488
  507
  527
  549
  572
  596
  621
  648
  676
  706
  738
  771
  806
  843
  881
  922
  965
  1,010
  1,057
  1,107
  1,159
  1,214
  1,272
  1,333
Change in working capital, $m
  6
  7
  7
  8
  9
  9
  10
  10
  11
  12
  12
  13
  14
  14
  15
  16
  17
  18
  19
  20
  21
  22
  23
  24
  26
  27
  28
  30
  31
  33
Cash from operations, $m
  389
  402
  415
  429
  445
  461
  478
  497
  517
  537
  559
  583
  608
  634
  661
  690
  721
  753
  787
  823
  860
  900
  942
  985
  1,032
  1,080
  1,131
  1,185
  1,241
  1,300
Maintenance CAPEX, $m
  -287
  -297
  -308
  -319
  -332
  -345
  -359
  -374
  -389
  -406
  -424
  -443
  -463
  -484
  -506
  -529
  -554
  -580
  -608
  -637
  -667
  -699
  -733
  -768
  -806
  -845
  -886
  -930
  -975
  -1,023
New CAPEX, $m
  -99
  -106
  -114
  -122
  -131
  -140
  -149
  -158
  -168
  -178
  -188
  -199
  -210
  -222
  -234
  -247
  -261
  -275
  -289
  -305
  -321
  -337
  -355
  -373
  -393
  -413
  -434
  -456
  -479
  -504
Cash from investing activities, $m
  -386
  -403
  -422
  -441
  -463
  -485
  -508
  -532
  -557
  -584
  -612
  -642
  -673
  -706
  -740
  -776
  -815
  -855
  -897
  -942
  -988
  -1,036
  -1,088
  -1,141
  -1,199
  -1,258
  -1,320
  -1,386
  -1,454
  -1,527
Free cash flow, $m
  3
  -2
  -7
  -13
  -18
  -24
  -29
  -35
  -41
  -47
  -53
  -59
  -66
  -72
  -79
  -87
  -94
  -102
  -110
  -118
  -127
  -136
  -146
  -156
  -167
  -178
  -189
  -201
  -214
  -227
Issuance/(repayment) of debt, $m
  80
  86
  93
  100
  107
  114
  121
  129
  137
  145
  153
  162
  171
  181
  191
  201
  212
  224
  236
  248
  261
  275
  289
  304
  320
  336
  354
  372
  391
  411
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  80
  86
  93
  100
  107
  114
  121
  129
  137
  145
  153
  162
  171
  181
  191
  201
  212
  224
  236
  248
  261
  275
  289
  304
  320
  336
  354
  372
  391
  411
Total cash flow (excl. dividends), $m
  83
  85
  86
  87
  89
  90
  92
  94
  96
  98
  101
  103
  106
  109
  112
  115
  118
  122
  126
  130
  134
  138
  143
  148
  153
  159
  165
  171
  177
  184
Retained Cash Flow (-), $m
  -41
  -42
  -45
  -49
  -52
  -56
  -59
  -63
  -67
  -71
  -75
  -79
  -84
  -88
  -93
  -98
  -104
  -109
  -115
  -121
  -127
  -134
  -141
  -148
  -156
  -164
  -173
  -181
  -191
  -200
Prev. year cash balance distribution, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
  43
  43
  40
  39
  37
  35
  33
  31
  29
  28
  26
  24
  22
  20
  18
  17
  15
  13
  11
  9
  6
  4
  2
  0
  -3
  -5
  -8
  -11
  -14
  -17
Discount rate, %
  8.00
  8.40
  8.82
  9.26
  9.72
  10.21
  10.72
  11.26
  11.82
  12.41
  13.03
  13.68
  14.37
  15.09
  15.84
  16.63
  17.46
  18.34
  19.25
  20.22
  21.23
  22.29
  23.40
  24.57
  25.80
  27.09
  28.45
  29.87
  31.36
  32.93
PV of cash for distribution, $m
  40
  36
  31
  27
  23
  19
  16
  13
  11
  9
  7
  5
  4
  3
  2
  1
  1
  1
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

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.

FINANCIAL RATIOS  of  El Paso Electric (EE)

Valuation Ratios
P/E Ratio 26.4
Price to Sales 2.9
Price to Book 2.4
Price to Tangible Book
Price to Cash Flow 11.1
Price to Free Cash Flow -69.2
Growth Rates
Sales Growth Rate 4.4%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -17%
Cap. Spend. - 3 Yr. Gr. Rate 0%
Financial Strength
Quick Ratio 0
Current Ratio 0
LT Debt to Equity 111.3%
Total Debt to Equity 126.6%
Interest Coverage 3
Management Effectiveness
Return On Assets 4.3%
Ret/ On Assets - 3 Yr. Avg. 4.2%
Return On Total Capital 4.1%
Ret/ On T. Cap. - 3 Yr. Avg. 4.1%
Return On Equity 9.3%
Return On Equity - 3 Yr. Avg. 9%
Asset Turnover 0.3
Profitability Ratios
Gross Margin 0%
Gross Margin - 3 Yr. Avg. 0%
EBITDA Margin 41.3%
EBITDA Margin - 3 Yr. Avg. 38.8%
Operating Margin 22%
Oper. Margin - 3 Yr. Avg. 18.6%
Pre-Tax Margin 17%
Pre-Tax Margin - 3 Yr. Avg. 15.1%
Net Profit Margin 10.9%
Net Profit Margin - 3 Yr. Avg. 10.2%
Effective Tax Rate 35.8%
Eff/ Tax Rate - 3 Yr. Avg. 32.4%
Payout Ratio 51.5%

EE stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the EE stock intrinsic value calculation we used $917 million for the last fiscal year's total revenue generated by El Paso Electric. The default revenue input number comes from 2017 income statement of El Paso Electric. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our EE stock valuation model: a) initial revenue growth rate of 3.4% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 8%, whose default value for EE is calculated based on our internal credit rating of El Paso Electric, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of El Paso Electric.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of EE stock the variable cost ratio is equal to 78%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for EE stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for El Paso Electric.

Corporate tax rate of 27% is the nominal tax rate for El Paso Electric. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the EE stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for EE are equal to 313.6%.

Life of production assets of 10 years is the average useful life of capital assets used in El Paso Electric operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for EE is equal to 20.4%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $1142 million for El Paso Electric - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 40 million for El Paso Electric is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of El Paso Electric at the current share price and the inputted number of shares is $2.5 billion.

RELATED COMPANIES Price Int.Val. Rating
NEE NextEra Energy 171.94 46.97  str.sell
PNM PNM Resources 40.10 16.31  str.sell
ETR Entergy 83.98 10.76  str.sell
SO Southern 46.72 15.71  str.sell
EXC Exelon 43.35 30.98  hold
EIX Edison Interna 66.98 21.49  str.sell

COMPANY NEWS

▶ El Paso Electric: 2Q Earnings Snapshot   [08:01AM  Associated Press]
▶ El Paso Electric Announces Quarterly Dividend   [Jul-19-18 05:43PM  Business Wire]
▶ El Paso Electric: 1Q Earnings Snapshot   [May-03-18 09:21AM  Associated Press]
▶ El Paso Electric posts 4Q profit   [08:13AM  Associated Press]
▶ Bear of the Day: El Paso Energy (EE)   [Feb-22-18 07:00AM  Zacks]
▶ El Paso Electric Announces Quarterly Dividend   [Feb-01-18 03:00PM  Business Wire]
▶ El Paso Electric posts 3Q profit   [07:32AM  Associated Press]
▶ El Paso Electric Announces Quarterly Dividend   [Oct-26-17 02:39PM  Business Wire]
▶ El Paso Electric posts 2Q profit   [Aug-02-17 09:23PM  Associated Press]
▶ El Paso Electric Announces Quarterly Dividend   [Jul-27-17 05:06PM  Business Wire]
▶ El Paso Electric reports 1Q loss   [06:20AM  Associated Press]
▶ El Paso Electric posts 4Q profit   [07:14AM  Associated Press]
▶ El Paso Electric Files 2017 Texas Rate Case   [Feb-13-17 12:57PM  Business Wire]
▶ El Paso Electric Announces Quarterly Dividend   [Jan-26-17 07:17PM  Business Wire]
▶ Is El Paso Electric Company (EE) Worthy of Your Portfolio?   [Dec-12-16 06:34PM  at Insider Monkey]
▶ Hedge Funds Are Crazy About Tri Pointe Homes Inc (TPH)   [Nov-28-16 05:44AM  at Insider Monkey]
▶ El Paso Electric Announces Quarterly Dividend   [Nov-17-16 07:44PM  Business Wire]
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.