<ARTICLE> UT <CIK> 0000033015 <NAME> ENSERCH CORPORATION <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,225,269 <OTHER-PROPERTY-AND-INVEST> 44,005 <TOTAL-CURRENT-ASSETS> 1,135,742 <TOTAL-DEFERRED-CHARGES> 1,051,118 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 3,456,134 <COMMON> 2 <CAPITAL-SURPLUS-PAID-IN> 776,031 <RETAINED-EARNINGS> (32,401) <TOTAL-COMMON-STOCKHOLDERS-EQ> 743,632 <PREFERRED-MANDATORY> 146,477 <PREFERRED> 75,000 <LONG-TERM-DEBT-NET> 867,422 <SHORT-TERM-NOTES> 1,899 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 151,125 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,470,579 <TOT-CAPITALIZATION-AND-LIAB> 3,456,134 <GROSS-OPERATING-REVENUE> 2,983,066 <INCOME-TAX-EXPENSE> (4,188) <OTHER-OPERATING-EXPENSES> 2,953,964 <TOTAL-OPERATING-EXPENSES> 2,953,964 <OPERATING-INCOME-LOSS> 29,102 <OTHER-INCOME-NET> 1,087 <INCOME-BEFORE-INTEREST-EXPEN> 30,189 <TOTAL-INTEREST-EXPENSE> 55,868 <NET-INCOME> (21,293) <PREFERRED-STOCK-DIVIDENDS> 3,169 <EARNINGS-AVAILABLE-FOR-COMM> (24,462) <COMMON-STOCK-DIVIDENDS> 4,413 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> (4,816) <EPS-PRIMARY> 0 <EPS-DILUTED> 0