Welcome to our dedicated page for TXNM Energy news (Ticker: TXNM), a resource for investors and traders seeking the latest updates and insights on TXNM Energy stock.
TXNM Energy, Inc. (NYSE: TXNM) is an energy utility holding company based in Albuquerque, New Mexico that delivers electricity to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP). The TXNM Energy news feed highlights developments affecting its regulated electric operations, financial performance and capital structure.
News about TXNM Energy frequently covers quarterly earnings results, where the company reports GAAP and non-GAAP “ongoing” earnings for its PNM, TNMP and Corporate and Other segments. These releases explain how rate decisions, weather, load, capital investments and merger-related costs influence segment earnings. Investors following TXNM news can review detailed reconciliations between GAAP and ongoing earnings and commentary on regulatory and financing developments.
A major focus of recent TXNM Energy news is the proposed acquisition of the company by affiliates of Blackstone Infrastructure Partners L.P. Press releases describe the agreed cash consideration per share, shareholder approval of the merger agreement, and the status of regulatory applications with the New Mexico Public Regulation Commission, Public Utility Commission of Texas, Federal Energy Regulatory Commission and other federal agencies. Additional news items outline customer and community benefits proposed in those regulatory filings, such as rate credits, economic development funding and technology investments.
The company’s news also includes announcements of common and preferred stock dividends, updates on PNM and TNMP regulatory filings, and information on settlements or stipulations in rate and cost recovery proceedings. For TNMP, news has addressed settlements related to the Blackstone Infrastructure acquisition application at the PUCT and commitments regarding governance, financial protections and workforce policies.
By reviewing the TXNM Energy news page, readers can track how regulatory actions, earnings trends, financing transactions and the progress of the planned merger with Blackstone Infrastructure may affect the company’s regulated utilities in Texas and New Mexico. This page provides an organized view of official company communications for those monitoring TXNM’s stock and operations.
TXNM Energy (NYSE: TXNM) announced that its Board of Directors declared a regular quarterly dividend of $0.4225 per share on its common stock at a meeting held July 21, 2026. The dividend will be paid on August 14, 2026 to shareholders of record as of August 3, 2026.
TXNM Energy (NYSE: TXNM) and Blackstone Infrastructure have amended their merger agreement, extending the termination date to May 31, 2027, giving more time to secure remaining regulatory approvals for Blackstone Infrastructure’s acquisition of all outstanding TXNM Energy common stock.
According to TXNM Energy, the deal has already been cleared by the PUCT, FERC, FCC and under the Hart-Scott-Rodino waiting period, and was overwhelmingly approved by shareholders in August 2025. Approvals are still pending from the Nuclear Regulatory Commission and the New Mexico Public Regulation Commission (NMPRC), whose schedule is paused pending review of a compliance report tied to a voided 2025 stock transaction between TXNM Energy and Blackstone Infrastructure.
TXNM Energy has entered into a $400 million term loan to unwind that voided stock transaction and plans to issue common stock to repay the loan. The joint applicants intend to file a compliance report with the NMPRC before the end of July 2026, and, subject to re-establishing a procedural schedule and receiving remaining approvals, the transaction is estimated to close in the first half of 2027.
TXNM Energy (NYSE: TXNM) subsidiary PNM filed a balanced resource plan with the New Mexico Public Regulation Commission to support rising demand and state clean‑energy goals.
The proposal adds 800 MW wind, 240 MW solar, 610 MW storage and 40 MW natural gas, enables coal exit by 2031, leverages Inflation Reduction Act tax credits, and fits within PNM's $4.9 billion 5‑year investment plan.
TNMP, a TXNM Energy (NYSE: TXNM) subsidiary, filed a comprehensive base rate settlement with the Public Utility Commission of Texas. The agreement provides recovery of a $2.8 billion rate base as of June 30, 2025, with a 9.65% ROE and 45% equity ratio.
The settlement also includes $20.5 million in Hurricane Beryl restoration cost recovery via a rate rider over five years, is supported or unopposed by multiple stakeholder groups, and remains subject to PUCT approval, with final rates relating back to May 22, 2026.
TXNM Energy (NYSE: TXNM) announced that its subsidiary, Public Service Company of New Mexico, declared a regular quarterly dividend of $1.145 per share on its 4.58 percent series of cumulative preferred stock.
The dividend is payable July 15, 2026 to shareholders of record on June 30, 2026. TXNM delivers energy to over 800,000 customers in Texas and New Mexico through utilities TNMP and PNM.
TXNM Energy (NYSE: TXNM) reported Q1 2026 GAAP diluted EPS of $0.03 and ongoing diluted EPS of $0.21. Consolidated GAAP net earnings were $3.7M; ongoing net earnings were $23.8M. TXNM updated its 2026–2030 capital investment plan to $10.215B and rolled forward rate base forecasts to $7.6B (2026) and $13.6B (2030). The company reiterated it will not issue 2026 earnings guidance during the pendency of the proposed Blackstone Infrastructure transaction, which TXNM expects to close in H2 2026 subject to remaining approvals.
Public Service Company of New Mexico (NYSE: TXNM) declared a regular quarterly dividend of $1.145 per share on its 4.58 percent series of cumulative preferred stock. The dividend is payable April 15, 2026 to shareholders of record at close of business March 31, 2026.
The announcement identifies the series, payment date and record date for shareholders and confirms the dividend is for cumulative preferred shares.
TXNM Energy (NYSE: TXNM) reported 2025 results and gave transaction and regulatory updates. GAAP diluted EPS fell to $1.48 from $2.67 in 2024; ongoing diluted EPS was $2.33 versus $2.74. The proposed Blackstone Infrastructure acquisition at $61.25 per share is advancing through regulatory reviews with closing expected in the second half of 2026, subject to remaining approvals.
Key regulatory filings include TNMP’s $2.8 billion base rate request and PNM applications totaling roughly $412.5 million in project requests.
TXNM Energy (NYSE: TXNM) declared a regular quarterly common stock dividend of $0.4225 per share. The dividend is payable May 15, 2026 to shareholders of record at the close of business on April 27, 2026.
TXNM delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through regulated utilities TNMP and PNM.
TXNM (NYSE: TXNM) announced that the Federal Energy Regulatory Commission authorized its acquisition by Blackstone Infrastructure, finding the transaction consistent with the public interest.
FERC found no evidence the deal would impair regulation, raise rates, or harm competition. The transaction also has FCC approval, an expired HSR waiting period, PUCT settlement approval, and prior shareholder approval. Remaining approvals include the Nuclear Regulatory Commission and the New Mexico Public Regulation Commission.