TXNM

TXNM Energy (TXNM) reported Q1 ongoing earnings Friday of $0.21 per diluted share, up from $0.19 a y

ALBUQUERQUE, N.M. (AP) — ALBUQUERQUE, N.M. (AP) — PNM Resources Inc. (TXNM) on Friday reported net income of $3.9 million in its first quarter. On a per-share basis, the Albuquerque, New Mexico-based company said it had profit of 3 cents. Earnings, adjusted for non-recurring costs, came to 21 cents per share. The power company posted revenue of $505 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TXNM at https://www.zacks.com/ap/TXNM

2026 first quarter GAAP earnings of $0.03 per diluted share 2026 first quarter ongoing earnings of $0.21 per diluted share Updated 2026 - 2030 capital investment plan of $10.2 billion ALBUQUERQUE, N.M., May 1, 2026 /PRNewswire/ -- TXNM Energy (NYSE: TXNM) today reported 2026 first quarter results. As previously announced, TXNM Energy does not plan to issue 2026 earnings guidance during pendency of the proposed transaction with Blackstone Infrastructure. "During the first quarter, customers continued to benefit from our phased-in rate approach at PNM," said Don Tarry, President and CEO of TXNM Energy. "Our growing capital plan focuses on delivering the technology and solutions to provide customers with reliable, affordable energy and achieve New Mexico's clean energy future. As we move forward, our proposed transaction with Blackstone Infrastructure will secure the capital to implement these solutions and bring benefits to our customers and communities." TRANSACTION UPDATE On May 19, 2025, TXNM Energy announced an agreement under which affiliates of Blackstone Infrastructure will acquire the outstanding common stock of TXNM Energy for $61.25 per share. Shareholders approved the proposed transaction on August 28, 2025. In February 2026, approval was received from the Federal Energy Regulatory Commission and the Public Utility Commission of Texas approved a unanimous settlement agreement on the proposed transaction. Clearance has been received from the Federal Communications Commission and the waiting period under the Hart-Scott-Rodino Act has expired without any objections or concerns having been raised. Approvals continue to be pursued from the Nuclear Regulatory Commission and New Mexico Public Regulation Commission ("NMPRC"). TXNM Energy continues to anticipate that the closing of the acquisition will occur in the second half of 2026, subject to the satisfaction or waiver of the remaining customary closing conditions, including among other things, receipt of other required state and federal regulatory approvals. REGULATORY UPDATE On March 2, 2026, Public Service Company of New Mexico ("PNM") filed its first annual grid modernization plan reconciliation filing to begin recovery under the program designed to enhance service to customers through new tools, including smart meters, and enable New Mexico's clean energy transition. This plan enables two-way commun...

TXNM Energy (TXNM) reported Q4 ongoing earnings Friday of $0.48 per diluted share, up from $0.30 a y

2025 GAAP earnings of $1.48 per diluted share 2025 Ongoing earnings per share of $2.33 Proposed transaction with Blackstone Infrastructure is progressing through the regulatory approval process ALBUQUERQUE, N.M., Feb. 27, 2026 /PRNewswire/ -- TXNM Energy (NYSE: TXNM) today reported 2025 earnings results. As previously announced, TXNM Energy does not plan to issue 2026 earnings guidance during pendency of the proposed transaction with Blackstone Infrastructure. "PNM and TNMP continue to grow and we remain focused on meeting our customer needs across New Mexico and Texas, with TNMP supporting a 28% increase in system peak demand and PNM delivering 80% carbon free energy in 2025," said Don Tarry, President and CEO of TXNM Energy. "Our proposed transaction with Blackstone Infrastructure will provide the necessary capital to support this growth and New Mexico's transition to clean energy. We look forward to bringing the benefits of this transaction to our customers and communities." TRANSACTION UPDATE On May 19, 2025, TXNM Energy announced an agreement under which affiliates of Blackstone Infrastructure will acquire the outstanding common stock of TXNM Energy for $61.25 per share. Shareholders approved the proposed transaction on August 28, 2025. In February 2026, approval was received from the Federal Energy Regulatory Commission and the Public Utility Commission of Texas ("PUCT") approved a unanimous settlement agreement on the proposed transaction. Clearance has been received from the Federal Communications Commission and the waiting period under the Hart-Scott-Rodino Act has expired without any objections or concerns having been raised. Approvals continue to be pursued from the Nuclear Regulatory Commission and New Mexico Public Regulation Commission ("NMPRC"). TXNM Energy continues to anticipate that the closing of the acquisition will occur in the second half of 2026, subject to the satisfaction or waiver of the remaining customary closing conditions, including among other things, receipt of other required state and federal regulatory approvals. REGULATORY UPDATE On November 14, 2025, Texas New Mexico Power ("TNMP") filed a general rate proceeding with the PUCT requesting recovery of $2.8 billion of rate base as of June 30, 2025, a requested return on equity of 10.4%, and a 47.54% equity ratio. The TNMP base rate review also includes increases in operations...

ALBUQUERQUE, N.M. (AP) — ALBUQUERQUE, N.M. (AP) — PNM Resources Inc. (TXNM) on Friday reported a loss of $9.7 million in its fourth quarter. The Albuquerque, New Mexico-based company said it had a loss of 8 cents per share. Earnings, adjusted for non-recurring costs, came to 48 cents per share. The power company posted revenue of $533.2 million in the period. For the year, the company reported profit of $151.9 million, or $1.48 per share. Revenue was reported as $2.17 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TXNM at https://www.zacks.com/ap/TXNM

ALBUQUERQUE, N.M., Feb. 26, 2026 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of TXNM Energy, Inc. (NYSE: TXNM) declared the regular quarterly dividend of $0.4225 per share on the company's common stock. The dividend is payable May 15, 2026, to shareholders of record at the close of business April 27, 2026. Background: TXNM Energy (NYSE: TXNM), an energy holding company based in Albuquerque, New Mexico, delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM. For more information, visit the company's website at www.TXNMEnergy.com. View original content to download multimedia:https://www.prnewswire.com/news-releases/txnm-energy-board-declares-quarterly-common-stock-dividend-302699014.html

ALBUQUERQUE, N.M., Dec. 2, 2025 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of TXNM Energy, Inc. (NYSE: TXNM) unanimously voted to increase the company's annual dividend payment by $0.06, a 3.7 percent increase, to an indicated annual rate of $1.69 per share of common stock. The increase continues the company's long-standing dividend growth and considers the continued underlying earnings growth of the business balanced with increased capital investment plans. The increased rate is contemplated within the proposed agreement under which affiliates of Blackstone Infrastructure will acquire the outstanding common stock of TXNM Energy. Quarterly dividends will continue during the pendency of the proposed transaction. Additionally, the board has declared the resulting quarterly stock dividend of $0.4225 per share, payable February 13, 2026, to shareholders of record at the close of business January 30, 2026. Background: TXNM Energy (NYSE: TXNM), an energy holding company based in Albuquerque, New Mexico, delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM. For more information, visit the company's website at www.TXNMEnergy.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 Statements made in this press release that relate to future events or expectations, projections, estimates, intentions, goals, targets, and strategies are made pursuant to the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally include statements regarding the potential transaction between TXNM Energy and Blackstone Infrastructure, including any statements regarding the expected timetable for completing the potential transaction, the ability to complete the potential transaction, the expected benefits of the potential transaction, projected financial information, future opportunities, and any other statements regarding TXNM Energy's and Blackstone Infrastructure's future expectations, beliefs, plans, objectives, results of operations, financial condition and cash flows, or future events or performance. Readers are cautioned that all forward-looking statements are based upon current expectations and estimates. Neither Blackstone Infrastructure nor TXNM Energy assumes any obligation to update this information. Beca...

2025 third quarter GAAP earnings of $1.22 per diluted share 2025 third quarter ongoing earnings of $1.33 per diluted share Proposed transaction with Blackstone Infrastructure approved by shareholders ALBUQUERQUE, N.M., Oct. 31, 2025 /PRNewswire/ -- TXNM Energy (NYSE: TXNM) today released its 2025 third quarter results. As previously announced, TXNM Energy is not affirming previously issued earnings guidance for 2025 and does not plan to issue revised earnings guidance during the pending transaction. "Third quarter results incorporate the implementation of the first phase of approved rates in New Mexico and newly approved transmission recovery in Texas, along with additional equity issued during the quarter," said Don Tarry, President and CEO of TXNM Energy. "We have initiated the regulatory approval process for our transaction with Blackstone Infrastructure with filings that address the key issues raised during our conversations with local stakeholders and community groups. We look forward to continued conversations through the regulatory process and achieving the best path forward to invest in positive outcomes for our customers and communities across New Mexico and Texas." TRANSACTION UPDATE On May 19, 2025, TXNM Energy announced an agreement under which affiliates of Blackstone Infrastructure will acquire the outstanding common stock of TXNM Energy for $61.25 per share. Shareholders approved the transaction on August 28, 2025. The transaction is subject to regulatory approvals from the New Mexico Public Regulation Commission ("NMPRC"), Public Utility Commission of Texas ("PUCT"), Federal Energy Regulatory Commission ("FERC"), Department of Justice (Hart Scott-Rodino Clearance), Nuclear Regulatory Commission and Federal Communications Commission. On August 25, 2025, applications were filed with the NMPRC, PUCT and FERC. TXNM Energy continues to anticipate that the closing of the acquisition will occur in the second half of 2026, subject to the satisfaction or waiver of the customary closing conditions, including among other things, receipt of required state and federal regulatory approvals. REGULATORY UPDATE TNMP's second Transmission Cost of Service (TCOS) filing for 2025 was approved and implemented in the third quarter, providing recovery for $87 million of rate base. On July 31, 2025, TNMP filed its second Distribution Cost Recovery Factor (DCRF) appli...

TXNM Energy (TXNM) reported Q3 ongoing earnings Friday of $1.33 per diluted share, compared with $1.

ALBUQUERQUE, N.M. (AP) — ALBUQUERQUE, N.M. (AP) — PNM Resources Inc. (TXNM) on Friday reported earnings of $136.3 million in its third quarter. On a per-share basis, the Albuquerque, New Mexico-based company said it had profit of $1.22. Earnings, adjusted for non-recurring costs, came to $1.33 per share. The power company posted revenue of $647.2 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TXNM at https://www.zacks.com/ap/TXNM

ALBUQUERQUE, N.M., Sept. 23, 2025 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of TXNM Energy, Inc. (NYSE: TXNM) declared the regular quarterly dividend of $0.4075 per share on the company's common stock. The dividend is payable November 14, 2025, to shareholders of record at the close of business October 24, 2025. Background: TXNM Energy (NYSE: TXNM), an energy holding company based in Albuquerque, New Mexico, delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM. For more information, visit the company's website at www.TXNMEnergy.com. View original content to download multimedia:https://www.prnewswire.com/news-releases/txnm-energy-board-declares-quarterly-common-stock-dividend-302564765.html