<ARTICLE> UT <CIK> 0000741612 <NAME> TNP ENTERPRISES, INC <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> MAR-31-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 963774 <OTHER-PROPERTY-AND-INVEST> 1206 <TOTAL-CURRENT-ASSETS> 46174 <TOTAL-DEFERRED-CHARGES> 48909 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1060063 <COMMON> 134426 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 47351 <TOTAL-COMMON-STOCKHOLDERS-EQ> 181777 <PREFERRED-MANDATORY> 4600 <PREFERRED> 3780 <LONG-TERM-DEBT-NET> 689841 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 2670 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 177395 <TOT-CAPITALIZATION-AND-LIAB> 1060063 <GROSS-OPERATING-REVENUE> 107622 <INCOME-TAX-EXPENSE> (561) <OTHER-OPERATING-EXPENSES> 89855 <TOTAL-OPERATING-EXPENSES> 89294 <OPERATING-INCOME-LOSS> 18328 <OTHER-INCOME-NET> 37 <INCOME-BEFORE-INTEREST-EXPEN> 18365 <TOTAL-INTEREST-EXPENSE> 19402 <NET-INCOME> (1037) <PREFERRED-STOCK-DIVIDENDS> 188 <EARNINGS-AVAILABLE-FOR-COMM> (1225) <COMMON-STOCK-DIVIDENDS> 2176 <TOTAL-INTEREST-ON-BONDS> 18451 <CASH-FLOW-OPERATIONS> (3684) <EPS-PRIMARY> (0.11) <EPS-DILUTED> (0.11)