Profile
Sector:
UtilitiesIndustry:
ElectricCountry:
United StatesIPO:
10 August 1984Website:
http://www.pnmresources.comNext earnings report:
N/ALast dividends:
26 July 2024Next dividends:
N/APrice
regular market | Fri, 04 Oct 2024 13:30:00 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
PNM Latest News
ALBUQUERQUE, N.M., Oct. 17, 2024 /PRNewswire/ -- The New Mexico Public Regulation Commission (NMPRC) approved an application by Public Service Company of New Mexico (PNM), a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), designed to modernize its grid infrastructure using state-of-the art technology for a more resilient, reliable, efficient and decarbonized electric system.
PNM Resources' (PNM) second-quarter 2024 earnings and revenues increase year over year. Total operating expenses decline during the same period.
2024 Ongoing Earnings Guidance Affirmed 2024 second quarter GAAP earnings of $0.53 per diluted share 2024 second quarter ongoing earnings of $0.60 per diluted share Affirmed ongoing earnings guidance range of $2.65 - $2.75 Name change to TXNM Energy, trading under TXNM ticker expected August 5, 2024 ALBUQUERQUE, N.M., July 31, 2024 /PRNewswire/ -- PNM Resources (In millions, except EPS) Q2 2024 Q2 2023 YTD 2024 YTD 2023 GAAP net earnings attributable to PNM Resources $48.0 $45.3 $95.2 $100.3 GAAP diluted EPS $0.53 $0.53 $1.05 $1.16 Ongoing net earnings $54.3 $47.4 $91.3 $95.1 Ongoing diluted EPS $0.60 $0.55 $1.01 $1.10 PNM Resources (NYSE: PNM) today released its 2024 second quarter results.
ALBUQUERQUE, N.M. , July 22, 2024 /PRNewswire/ -- PNM Resources, Inc. (NYSE: PNM) is expecting to complete the change of its holding company name to TXNM Energy, Inc. (NYSE: TXNM), effective at 5:00pm ET on August 2, 2024.
ALBUQUERQUE, N.M., July 16, 2024 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of PNM Resources (NYSE: PNM) declared the regular quarterly dividend of $0.3875 per share on the company's common stock.
ALBUQUERQUE, N.M., July 8, 2024 /PRNewswire/ -- PNM Resources will announce second quarter 2024 financial results prior to the market opening on Wednesday, July 31, 2024.
PNM Resources (PNM) continues to benefit from infrastructure investment and focus on clean power generation.
Phased-In Rate Path Proposed to Mitigate Customer Impact ALBUQUERQUE, N.M., June 14, 2024 /PRNewswire/ -- Public Service Company of New Mexico (PNM), wholly-owned subsidiary of PNM Resources, Inc. (NYSE: PNM), today filed a request for a change in electricity customer rates with the New Mexico Public Regulation Commission (NMPRC) to begin July 1, 2025.
ALBUQUERQUE, N.M., June 14, 2024 /PRNewswire/ -- The Public Utility Commission of Texas (PUCT) approved the application from Texas-New Mexico Power Company (TNMP), the Texas utility subsidiary of PNM Resources, Inc. (NYSE: PNM), to recover over $205 million in net distribution infrastructure investments to reliably serve customers' power needs since its last filing.
ALBUQUERQUE, N.M. , June 10, 2024 /PRNewswire/ -- PNM Resources (NYSE: PNM) today announced the closing of its offering of $500,000,000 aggregate principal amount of 5.75% junior subordinated convertible notes due 2054 (the "convertible notes").
What type of business is PNM Resources?
PNM Resources Inc, or PNMR, is a holding company that owns regulated utility companies providing electricity and electric services. PNMR segments its operations into two subsidiaries, PNM and TNMP. PNM provides services for the generation, transmission, and distribution of electricity primarily in New Mexico areas. While PNM utilizes various fuel sources in its power plant portfolio, its coal and gas facilities produce the majority of the energy. TNMP owns and operates transmission and distribution services primarily in small to mid-sized Texas communities. Both subsidiaries generate revenue for PNMR through the sale of electricity and transmission service fees. PNM Resources, Inc. was founded in 1917, with its headquarters located in Albuquerque, New Mexico.
What sector is PNM Resources in?
PNM Resources is in the Utilities sector
What industry is PNM Resources in?
PNM Resources is in the Electric industry
What country is PNM Resources from?
PNM Resources is headquartered in United States
When did PNM Resources go public?
PNM Resources initial public offering (IPO) was on 10 August 1984
What is PNM Resources website?
https://www.pnmresources.com
Is PNM Resources in the S&P 500?
No, PNM Resources is not included in the S&P 500 index
Is PNM Resources in the NASDAQ 100?
No, PNM Resources is not included in the NASDAQ 100 index
Is PNM Resources in the Dow Jones?
No, PNM Resources is not included in the Dow Jones index
When was PNM Resources the previous earnings report?
No data
When does PNM Resources earnings report?
Next earnings report date is not announced yet