Kathleen Lawler: Ms. Lawler joined J. Morgan from Energy Capital Partners, where she focused on investments in the power sector. She joined Energy Capital Partners as an investment professional at the fund level, and spent her last two years with that firm working with the management team of its portfolio company, EquiPower Resources, an approximately 8 GW private independent power producer.
Prior to Energy Capital Partners, Ms. Lawler graduated from Yale University with a B. She has experience in the generation, transmission and distribution sectors as well as renewable development, and energy services and sales. Tomblin has worked in all areas of the industry, including legal, customer service, regulatory, plant and field operations, and organization transformation. Tomblin is a global speaker on organizational alignment, leadership and gender equality.
El Paso Electric is a regional electric utility providing generation, transmission and distribution service to approximately , retail and wholesale customers in a 10,square mile area of the Rio Grande valley in west Texas and southern New Mexico.
Morgan Investment Management Inc. IIF is responsible for investing and growing the retirement funds of more than 40 million families, including 2 million people across Texas and New Mexico who will be invested in El Paso Electric. View source version on businesswire. Log in. E-mail Password Show password. Sign up. New member. English USA. English UK. English Canada. Deutsch Deutschland. Deutsch Schweiz.
Nederlands Nederland. Latest News. Listed companies. Sector News. All Analysis. Stock Picks. All stock picks. My Portfolio. My Watchlists. Investment style. Investment themes. Top News. Top Fundamentals. Top Technicals. Top Movers. Investment selections. Technical Rankings. Fundamental Rankings. Stock Screener Home. MarketScreener tools. Dynamic chart. Our Services. MarketScreener Portfolios. Add to my list. No quotes available -- USD 0. EPE will also develop apprenticeships for technical and professional jobs in high schools and colleges within our service area.
Local Leadership and Headquarters: EPE will continue as an independently-operated, locally-led, regulated utility. About Kelly Tomblin Ms. About El Paso Electric El Paso Electric is a regional electric utility providing generation, transmission and distribution service to approximately , retail and wholesale customers in a 10,square mile area of the Rio Grande valley in west Texas and southern New Mexico.
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Managers and Directors. Earnings per share, excluding extraordinary items, rose to 73 cents from 48 cents. Earnings per share including extraordinary items - such as losses on asset sales and merger-related charges - came to 53 cents, versus a loss of 78 cents in the same quarter of El Paso said its profits were not swollen by high wholesale natural gas and electricity prices that have resulted from California's energy crisis, but it did not break out separate earnings or revenues for that state.
El Paso also said it did not stand to lose a lot of money if California's two big utilities go bankrupt. El Paso supplies natural gas to the utilities and also owns a relatively modest megawatts of electricity generation capacity in California. So far this year it is down some 12 per cent, versus a fall of some eight per cent for the sector index.
Easterbrook said he expected El Paso and other merchant energy companies to benefit this year from trading and marketing volumes boosted by continuing price volatility in wholesale natural gas and electricity markets. Coastal's fourth-quarter earnings rose 21 per cent, thanks to increased profits at all of its main businesses, which range from natural gas production and power generation to oil refining and gasoline marketing.
Analysts surveyed by First Call had expected earnings per share of 91 cents. It attributed the increase to higher trading margins, volume increases of 41 and 47 per cent, respectively, in physical gas and power deliveries. Hedges at El Paso's natural gas production business prevented the company from profiting from record U. El Paso is expected to detail its plans for building a telecommunications business early next month. Other energy companies, including Williams Cos, Enron Corp and Dynegy Inc, have already moved into the market for telecommunications capacity or "bandwidth", where they see parallels with the deregulated wholesale electricity and natural gas markets.
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