| El Paso Electric is a public utility engaged in the generation, transmission and distribution of electricity in west Texas and southern New Mexico. Co. also serves wholesale customers in Texas. Co. distributes electricity to retail customers principally in El Paso, TX and Las Cruces, NM. In addition, Co.'s wholesale sales include sales for resale to other electric utilities and power marketers. Principal industrial, public authority and other retail customers of Co. includes U.S. military installations, such as Fort Bliss in Texas and White Sands Missile Range and Holloman Air Force Base in New Mexico, an oil refinery, medical centers, universities and a steel production facility. We show 42 historical shares outstanding datapoints in our EE shares outstanding history coverage, used to compute EE market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EE market cap history over the course of time is important for investors
interested in comparing EE's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of EE versus a peer is one thing; comparing
EE market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like EE can fluctuate over the course of history.
With this page we aim to empower investors researching EE by allowing them to research the EE market cap history.