Upgrades Underweight Eq Weight X

EE Excelerate Energy

Wells Fargo

Initiated Buy X

EE Excelerate Energy

Jefferies

$39

Downgrades Neutral Underweight X

EE Excelerate Energy

JP Morgan

$22 $31

Downgrades Eq Weight Underweight X

EE Excelerate Energy

Wells Fargo

$20 $19

Initiated Overweight X

EE Excelerate Energy

Stephens

$21

Initiated Outperform X

EE Excelerate Energy

Northland Capital

$23

Downgrades Overweight Eq Weight X

EE Excelerate Energy

Wells Fargo

$20 $18

Initiated Overweight X

EE Excelerate Energy

CapitalOne

$24

Initiated Buy X

EE Excelerate Energy

Deutsche Bank

$31

Upgrades Eq Weight Overweight X

EE Excelerate Energy

Wells Fargo

$29

Initiated Overweight X

EE Excelerate Energy

Barclays

$33

Initiated Equal-Weight X

EE Excelerate Energy

Morgan Stanley

$31

Initiated Outperform X

EE Excelerate Energy

Raymond James

$30

Initiated Outperform X

EE Excelerate Energy

SMBC Nikko

$32

Initiated Overweight X

EE Excelerate Energy

Stephens

$36

Initiated Equal Weight X

EE Excelerate Energy

Wells Fargo

$29

Upgrades Sell Hold X

EE El Paso Electric

Williams Capital Group

$49 $53

Reiterated Neutral X

EE El Paso Electric

BofA/Merrill

$49 $55

Downgrades Hold Sell X

EE El Paso Electric

Williams Capital Group

$52 $49

EE  El Paso Electric Company

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.