TEP and its predecessor companies have served the greater Tucson metropolitan area for 127 years. TEP was incorporated in the State of Arizona in 1963. TEP is a regulated electric utility company serving approximately 429,000 retail customers. TEP’s service territory covers 1,155 square miles and includes a population of over one million people in Pima County, as well as parts of Cochise County. TEP's principal business operations include generating, transmitting, and distributing electricity to its retail customers. In addition to retail sales, TEP sells electricity, transmission, and ancillary services to other utilities, municipalities, and energy marketing companies on a wholesale basis. TEP is subject to comprehensive state and federal regulation. The regulated electric utility operation is TEP's only segment. TEP is a wholly owned subsidiary of UNS Energy, a utility services holding company. UNS Energy is an indirect wholly owned subsidiary of Fortis which is a leader in the North American electric and gas utility business.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Latest filings (excl ownership)
8-K
Other Events
16 Feb 23
424B2
Prospectus for primary offering
14 Feb 23
FWP
Free writing prospectus
13 Feb 23
424B3
Prospectus supplement
13 Feb 23
10-K
2022 FY
Annual report
10 Feb 23
10-Q
2022 Q3
Quarterly report
28 Oct 22
10-Q
2022 Q2
Quarterly report
28 Jul 22
UPLOAD
Letter from SEC
26 May 22
10-K/A
2021 FY
Annual report (amended)
20 May 22
CORRESP
Correspondence with SEC
20 May 22
Latest ownership filings
11-K
Annual report of employee stock purchases
23 Jun 22
11-K
Annual report of employee stock purchases
15 Jun 21
11-K
Annual report of employee stock purchases
15 Jun 20
11-K
Annual report of employee stock purchases
19 Jun 19
11-K
Annual report of employee stock purchases
27 Jun 13
11-K
Annual report of employee stock purchases
2 Jul 09
NT 11-K
Notice of inability to timely file Form 11-K
30 Jun 09
11-K
Annual report of employee stock purchases
27 Jun 08
11-K
Annual report of employee stock purchases
27 Jun 07
11-K
Annual report of employee stock purchases
28 Jun 02
Financial summary
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| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 50.98 mm | 50.98 mm | 50.98 mm | 50.98 mm | 50.98 mm | 50.98 mm |
| Cash burn (monthly) | 42.11 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 124.52 mm | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | -73.54 mm | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | -1.7 | n/a | n/a | n/a | n/a | n/a |