EL PASO, Texas--(BUSINESS WIRE)--
El Paso Electric (NYSE:EE) expects to release first quarter earnings on
May 2, 2012. 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:
|
Date:
|
|
|
May 2, 2012
|
|
Time:
|
|
|
8:30 a.m. MT (10:30 a.m. ET)
|
|
Dial in #:
|
|
|
888-487-0361
|
|
Conference ID:
|
|
|
1746561
|
|
Host Name:
|
|
|
Steven P. Busser, EE Vice President and Treasurer
|
|
Webcast Address:
|
|
|
http://www.epelectric.com
|
|
|
|
|
|
Participants International Toll Number: 719-325-2327
A replay of the conference call and webcast will be available shortly
after the call ends. Please use the replay number and pass code provided
below to access the replay.
|
Replay #:
|
|
|
888-203-1112
|
|
Replay Pass code:
|
|
|
1746561
|
|
|
|
|
|
|
International Toll Number:
|
|
|
719-457-0820
|
|
|
|
|
|
|
End Date:
|
|
|
May 16, 2012
|
|
|
|
|
|
El Paso Electric is a regional electric utility providing generation,
transmission and distribution service to approximately 380,000 retail
and wholesale customers in a 10,000 square mile area of the Rio Grande
valley in west Texas and southern New Mexico. El Paso Electric has a net
dependable generating capability of 1,785 MW. El Paso Electric's common
stock trades on the New York Stock Exchange under the symbol EE.
Safe Harbor
This news release includes statements that may constitute
forward-looking statements made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995. This
information may involve risks and uncertainties that could cause actual
results to differ materially from such forward-looking statements.
Factors that could cause or contribute to such differences include, but
are not limited to: (i) our rates in Texas following the rate case filed
on February 1, 2012 pursuant to the El Paso City Council's resolution
ordering EE to show cause why our base rates for El Paso customers
should not be lower; (ii) increased prices for fuel and purchased power
and the possibility that regulators may not permit EE to pass through
all such increased costs to customers or to recover previously incurred
fuel costs in rates; (iii) recovery of capital investments and operating
costs through rates in Texas and New Mexico; (iv) uncertainties and
instability in the general economy and the resulting impact on EE's
sales and profitability; (v) unanticipated increased costs associated
with scheduled and unscheduled outages; (vi) the size of our
construction program and our ability to complete construction on budget
and on time; (vii) costs at Palo Verde; (viii) deregulation and
competition in the electric utility industry; (ix) possible increased
costs of compliance with environmental or other laws, regulations and
policies; (x) possible income tax and interest payments as a result of
audit adjustments proposed by the IRS; (xi) uncertainties and
instability in the financial markets and the resulting impact on EE's
ability to access the capital and credit markets; and (xii) other
factors detailed by EE in its public filings with the Securities and
Exchange Commission. EE's filings are available from the Securities and
Exchange Commission or may be obtained through EE's website, http://www.epelectric.com.
Any such forward-looking statement is qualified by reference to these
risks and factors. EE cautions that these risks and factors are not
exclusive. EE does not undertake to update any forward-looking statement
that may be made from time to time by or on behalf of EE except as
required by law.
El Paso Electric
Media:
Teresa Souza, 915-543-5823
or
Analysts:
Steve
Busser, 915-543-5983
or
Lisa Budtke, 915-543-5947
Source: El Paso Electric
News Provided by Acquire Media