<ARTICLE> UT <CIK> 0000741612 <NAME> TNP ENTERPRISES, INC. <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 930,160 <OTHER-PROPERTY-AND-INVEST> 6,678 <TOTAL-CURRENT-ASSETS> 44,962 <TOTAL-DEFERRED-CHARGES> 31,050 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,012,850 <COMMON> 185,449 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 95,575 <TOTAL-COMMON-STOCKHOLDERS-EQ> 281,024 <PREFERRED-MANDATORY> 0 <PREFERRED> 3,420 <LONG-TERM-DEBT-NET> 553,145 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 138 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 175,123 <TOT-CAPITALIZATION-AND-LIAB> 1,012,850 <GROSS-OPERATING-REVENUE> 128,397 <INCOME-TAX-EXPENSE> 1,378 <OTHER-OPERATING-EXPENSES> 108,596 <TOTAL-OPERATING-EXPENSES> 109,974 <OPERATING-INCOME-LOSS> 18,423 <OTHER-INCOME-NET> 198 <INCOME-BEFORE-INTEREST-EXPEN> 18,621 <TOTAL-INTEREST-EXPENSE> 14,511 <NET-INCOME> 4,110 <PREFERRED-STOCK-DIVIDENDS> 40 <EARNINGS-AVAILABLE-FOR-COMM> 4,070 <COMMON-STOCK-DIVIDENDS> 3,198 <TOTAL-INTEREST-ON-BONDS> 13,506 <CASH-FLOW-OPERATIONS> (3,809) <EPS-PRIMARY> .31 <EPS-DILUTED> .31