<ARTICLE> UT <CIK> 0000022767 <NAME> TEXAS-NEW MEXICO POWER CO. <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> 924,953 <OTHER-PROPERTY-AND-INVEST> 214 <TOTAL-CURRENT-ASSETS> 44,485 <TOTAL-DEFERRED-CHARGES> 29,057 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 998,709 <COMMON> 107 <CAPITAL-SURPLUS-PAID-IN> 222,133 <RETAINED-EARNINGS> 73,765 <TOTAL-COMMON-STOCKHOLDERS-EQ> 296,005 <PREFERRED-MANDATORY> 0 <PREFERRED> 3,420 <LONG-TERM-DEBT-NET> 496,900 <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> 202,284 <TOT-CAPITALIZATION-AND-LIAB> 998,709 <GROSS-OPERATING-REVENUE> 445,619 <INCOME-TAX-EXPENSE> 18,808 <OTHER-OPERATING-EXPENSES> 345,463 <TOTAL-OPERATING-EXPENSES> 364,271 <OPERATING-INCOME-LOSS> 81,348 <OTHER-INCOME-NET> 675 <INCOME-BEFORE-INTEREST-EXPEN> 82,023 <TOTAL-INTEREST-EXPENSE> 43,146 <NET-INCOME> 38,877 <PREFERRED-STOCK-DIVIDENDS> 120 <EARNINGS-AVAILABLE-FOR-COMM> 38,757 <COMMON-STOCK-DIVIDENDS> 30,300 <TOTAL-INTEREST-ON-BONDS> 39,989 <CASH-FLOW-OPERATIONS> 83,135 <EPS-PRIMARY> 0 <EPS-DILUTED> 0