<ARTICLE> UT <CIK> 0000741612 <NAME> TNP ENTERPRISES, INC <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> MAR-31-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 963,774 <OTHER-PROPERTY-AND-INVEST> 1,206 <TOTAL-CURRENT-ASSETS> 53,775 <TOTAL-DEFERRED-CHARGES> 48,909 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,067,664 <COMMON> 134,426 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 54,512 <TOTAL-COMMON-STOCKHOLDERS-EQ> 188,938 <PREFERRED-MANDATORY> 4,600 <PREFERRED> 3,780 <LONG-TERM-DEBT-NET> 689,841 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 2,670 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 177,835 <TOT-CAPITALIZATION-AND-LIAB> 1,067,664 <GROSS-OPERATING-REVENUE> 105,647 <INCOME-TAX-EXPENSE> (1,252) <OTHER-OPERATING-EXPENSES> 89,855 <TOTAL-OPERATING-EXPENSES> 88,603 <OPERATING-INCOME-LOSS> 17,044 <OTHER-INCOME-NET> 37 <INCOME-BEFORE-INTEREST-EXPEN> 17,081 <TOTAL-INTEREST-EXPENSE> 19,402 <NET-INCOME> 6,124 <PREFERRED-STOCK-DIVIDENDS> 188 <EARNINGS-AVAILABLE-FOR-COMM> 5,936 <COMMON-STOCK-DIVIDENDS> 2,176 <TOTAL-INTEREST-ON-BONDS> 18,451 <CASH-FLOW-OPERATIONS> (3,684) <EPS-PRIMARY> 0.55 <EPS-DILUTED> 0.55