<ARTICLE> UT <CIK> 0000741612 <NAME> TNP ENTERPRISES, INC. <MULTIPLIER> 1000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 924,970 <OTHER-PROPERTY-AND-INVEST> 5,736 <TOTAL-CURRENT-ASSETS> 61,613 <TOTAL-DEFERRED-CHARGES> 27,917 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,020,236 <COMMON> 186,983 <CAPITAL-SURPLUS-PAID-IN> 0 <RETAINED-EARNINGS> 117,204 <TOTAL-COMMON-STOCKHOLDERS-EQ> 304,187 <PREFERRED-MANDATORY> 0 <PREFERRED> 3,420 <LONG-TERM-DEBT-NET> 497,041 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 100 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 215,488 <TOT-CAPITALIZATION-AND-LIAB> 1,020,236 <GROSS-OPERATING-REVENUE> 461,981 <INCOME-TAX-EXPENSE> 15,444 <OTHER-OPERATING-EXPENSES> 372,111 <TOTAL-OPERATING-EXPENSES> 387,555 <OPERATING-INCOME-LOSS> 74,426 <OTHER-INCOME-NET> 957 <INCOME-BEFORE-INTEREST-EXPEN> 75,383 <TOTAL-INTEREST-EXPENSE> 43,148 <NET-INCOME> 32,235 <PREFERRED-STOCK-DIVIDENDS> 120 <EARNINGS-AVAILABLE-FOR-COMM> 32,115 <COMMON-STOCK-DIVIDENDS> 9,613 <TOTAL-INTEREST-ON-BONDS> 39,989 <CASH-FLOW-OPERATIONS> 68,517 <EPS-PRIMARY> 2.44 <EPS-DILUTED> 2.44