Welcome to our dedicated page for PNM Resources news (Ticker: PNM), a resource for investors and traders seeking the latest updates and insights on PNM Resources stock.
PNM (Public Service Company of New Mexico), a vertically integrated electric utility in New Mexico, is a key operating subsidiary of TXNM Energy, Inc. News related to the PNM (PNM) stock symbol is closely connected to TXNM Energy’s disclosures, because PNM’s distribution, transmission and generation assets form one of the company’s primary reporting segments.
TXNM Energy communications describe PNM as part of a regulated utility group that delivers electricity to more than 800,000 homes and businesses across New Mexico and Texas through PNM and TNMP. News items often highlight segment-level earnings for PNM, including GAAP and non-GAAP ongoing earnings, and explain how factors such as new retail rates, customer usage, weather patterns, transmission margins and depreciation associated with new capital investments influence results.
Company releases also discuss PNM’s role in grid infrastructure and regional market participation. For example, PNM has announced its plan to join the California Independent System Operator’s Extended Day-Ahead Market (EDAM), building on its participation in the Western Energy Imbalance Market. Such announcements are framed around reliability, economic benefits and the use of New Mexico’s renewable energy potential for customers.
Investors following PNM-related news can expect updates on TXNM Energy’s consolidated earnings guidance, capital investment plans, regulatory proceedings affecting PNM’s rates and legacy generation assets, and broader strategic steps such as market participation initiatives. This news page aggregates these disclosures so readers can review how PNM’s utility operations in New Mexico contribute to TXNM Energy’s overall performance and long-term objectives.
PNM Resources (NYSE: PNM) announced the promotion of Don Tarry to President and COO, and Lisa Eden to Senior VP, CFO, and Treasurer, effective May 21, 2022. Tarry has been with the company since 1996, while Eden joined in 2001. These promotions are intended to strengthen leadership as the company progresses with its business plan and planned merger with Avangrid. PNM Resources reported consolidated revenues of $1.8 billion in 2021 and aims for 100% emissions-free energy by 2040, serving 800,000 customers in New Mexico and Texas.
PNM Resources (NYSE: PNM) will affirm its consolidated earnings guidance for 2022 and 2023 in meetings with analysts this week in New York and Boston. The projected earnings are between $2.50 to $2.60 per diluted share for 2022 and $2.60 to $2.75 for 2023. The company, based in Albuquerque, N.M., reported consolidated operating revenues of $1.8 billion in 2021 and serves approximately 800,000 customers in New Mexico and Texas. More details are available on their website.
PNM Resources reported its Q1 2022 results, showing a GAAP diluted EPS of $0.19, down from $0.20 in Q1 2021, while ongoing diluted EPS increased to $0.50 from $0.32. The company affirmed its ongoing earnings guidance for 2022 at $2.50 - $2.60 per diluted share and $2.60 - $2.75 for 2023. Key factors influencing earnings included higher transmission margins and colder temperatures, though these were offset by increased depreciation and property tax expenses. The ongoing merger with AVANGRID has been extended, with legal proceedings continuing.
PNM Resources (NYSE: PNM) will affirm its consolidated earnings guidance for 2022 and 2023 during meetings with investors in New York and Boston. The guidance is projected at $2.50 to $2.60 per diluted share for 2022 and $2.60 to $2.75 per diluted share for 2023. In 2021, the company's revenues reached $1.8 billion, serving around 800,000 customers in New Mexico and Texas with a focus on achieving 100% emissions-free energy by 2040. Presentation materials are available on the company’s website.
PNM Resources (NYSE: PNM) is set to announce its 2022 first quarter financial results before market opening on April 28, 2022. A live conference call will take place at 11 a.m. Eastern Time to discuss the results and company updates, with details available on their website. The company, based in Albuquerque, N.M., reported $1.8 billion in consolidated operating revenues for 2021 and aims for 100% emissions-free energy by 2040.
The Board of Directors of Public Service Company of New Mexico, a subsidiary of PNM Resources, declared a quarterly dividend of $1.145 per share on its 4.58% series of cumulative preferred stock. This dividend is payable on April 15, 2022, to shareholders on record by the close of business on April 1, 2022. PNM Resources reported $1.8 billion in consolidated operating revenues for 2021 and serves around 800,000 customers in New Mexico and Texas, aiming for 100% emissions-free energy by 2040.
PNM Resources (NYSE: PNM) management will affirm 2022 and 2023 earnings guidance during upcoming investor meetings in New York and Baltimore. For 2022, the guidance is $2.50 to $2.60 per diluted share, while for 2023, it's projected at $2.60 to $2.75 per diluted share. The company reported 2021 operating revenues of $1.8 billion, providing electricity to around 800,000 customers in New Mexico and Texas. PNM aims for 100% emissions-free energy by 2040. More details are available on their investor relations website.
PNM Resources has announced a quarterly dividend of $0.3475 per share on its common stock. This dividend will be payable on May 13, 2022 to shareholders who are on record by the close of business on April 29, 2022. The company, based in Albuquerque, N.M., reported preliminary consolidated operating revenues of $1.8 billion for 2021. PNM Resources aims for 100% emissions-free energy by 2040, serving approximately 800,000 customers in New Mexico and Texas.
PNM Resources (NYSE: PNM) management is scheduled to meet with analysts and investors in Boston to discuss the company's earnings guidance for 2022 and 2023. The projected earnings are between $2.50 and $2.60 per diluted share for 2022, and between $2.60 and $2.75 for 2023. PNM, which serves approximately 800,000 customers in New Mexico and Texas, aims for 100% emissions-free energy by 2040. The company reported consolidated operating revenues of $1.8 billion for 2021. Presentation materials are accessible on their website.
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