Excelerate Energy

EE

El Paso Electric (NYSE: EE) is Texas based public utility company, engaging in the generation, transmission, and distribution of electricity in west Texas and southern New Mexico. Its energy sources consist of nuclear fuel, natural gas, purchased power, solar and wind turbines. The company owns six electrical generating facilities with a net dependable generating capability of approximately 2,010 megawatts. It serves approximately 400,000 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; and resells electricity to electric utilities and power marketers. El Paso Electric Company was founded in 1901 and is based in El Paso, Texas.The company is headquartered at the Stanton Tower in Downtown El Paso. The company's Chief Executive Officer is Mr. Adrian J. Rodriguez.

Excelerate Energy has been a target of short sellers for a while. The current short interest of 7.34% is roughly at the average of the last 12 months (5.48%).