PNM Resources

PNM Resources, Inc. operates as an investor-owned holding company, which provides electricity and electric services in New Mexico and Texas. It operates through the following segments: Public Service Company of New Mexico (PNM), Texas-New Mexico Power Company (TNMP), and Corporate and Other. The PNM segment includes the retail electric utility operations of the company. The TNMP segment provides transmission and distribution services of electricity in Texas. The Corporate and Other segment consists of holding company activities. The company was founded in 2000 and is headquartered in Albuquerque, NM.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q4 2022

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Earnings data Q4 2023

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Earnings data Q2 2024

Earnings data Q3 2024

PNM Resources affirms guidance, navigates challenges, and eyes growth opportunities

PNM Resources' Q1 2023 earnings call highlighted strong performance, operational strengths, challenges in regulatory and asset monetization, and promising opportunities from growth initiatives and the AVANGRID merger. The company remains focused on executing its strategies amidst industry dynamics and merger developments.

PNM Resources affirms earnings, accelerates clean energy transition amid challenges

PNM Resources maintains financial performance in line with guidance, focusing on clean energy transition and strategic partnerships.
Facing challenges related to legal proceedings, regulatory uncertainties, and operational adjustments amidst ongoing merger process and heat wave impacts.
Seizing opportunities to enhance carbon-free capacity, secure federal funding, and drive growth through strategic initiatives and market trends.

PNM Resources reports strong Q3 earnings, navigates merger uncertainties

PNM Resources demonstrated strong financial performance and operational efficiency in Q3 2023, with raised earnings guidance for the year.
While facing challenges such as regulatory proceedings and uncertainties related to the merger with AVANGRID, the company is well-positioned for growth.
Opportunities in renewable energy investments, economic development wins, and strategic celebrations offer avenues for future expansion and value creation.
Overall, PNM Resources shows resilience and strategic foresight in navigating the evolving energy landscape and driving sustainable growth.

PNM Resources reports robust Q4 earnings amidst pending AVANGRID merger

PNM Resources delivered strong financial performance and outlined strategic objectives for future growth.
The pending merger with AVANGRID presents opportunities for operational synergies and market expansion.
Challenges related to regulatory approvals and external factors require careful navigation and strategic decision-making.

PNM Resources surpasses Q1 earnings, focuses on sustainable growth

PNM Resources delivered strong Q1 earnings, maintained guidance, and aims for sustainable growth through renewable energy initiatives.
While facing challenges in coal plant capacity and risk management, PNM is strategically positioned to capitalize on regulatory opportunities and expand its clean energy footprint.

TXNM Energy reports solid Q2 results, plans equity funding for growth

TXNM Energy, formerly PNM Resources, delivered strong financial performance and operational resilience in Q2 2024. The company's strategic focus on resiliency planning, equity funding for growth, and regulatory compliance positions it well for future success. Navigating challenges in rate case processes and balancing investments with resiliency planning will be key focus areas for TXNM Energy moving forward.

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TXNM Energy, Inc. operates as an investor-owned holding company, which provides electricity and electric services in New Mexico and Texas. It operates through the following segments: Public Service Company of New Mexico (PNM), Texas-New Mexico Power Company (TNMP), and Corporate and Other. The PNM segment includes the retail electric utility operations of the company. The TNMP segment provides transmission and distribution services of electricity in Texas. The Corporate and Other segment consists of holding company activities. The company was founded in 2000 and is headquartered in Albuquerque, NM.

PNM Resources (PNM) reported earnings 30 days ago. What's next for the stock?

Why Is PNM Resources (PNM) Down 18.2% Since Last Earnings Report?

PNM Resources, Inc. (PNM) CEO Pat Vincent-Collawn on Q1 2020 Results - Earnings Call Transcript

PNM Resources' (PNM) first-quarter 2020 earnings improve on a year-over-year basis.

PNM Resources' Q1 Earnings Meet Estimates, Revenues Down Y/Y

PNM Resources' (PNM) Earnings Meet Estimates in Q1, Up Y/Y

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PNM Resource (PNM) continues to focus on bringing more clean energy to its generation portfolio.

PNM Resource Receives NMPRC's Nod on San Juan Retirement

Why Is PNM Resources (PNM) Down 20.1% Since Last Earnings Report?

PNM Resources' (PNM) purchases power under long-term PPAs along with power generation of its own.

PNM Resources' Focus on Affordable Clean Power Bodes Well

PNM Resources, Inc. (PNM) CEO Pat Vincent-Collawn on Q4 2019 Results - Earnings Call Transcript

PNM Resources' (PNM) fourth-quarter 2019 earnings surge 100% on year-over-year basis.

PNM Resources' (PNM) Earnings Meet Estimates in Q4, Up Y/Y

PNM Resources (PNM) decides to issue 5.4M equity and use the proceeds to lower debt level.

PNM Resources (PNM) to Issue 5.4M Equity to Repay Debts

Strong cash flow and impressive performance enable PNM Resources' (PNM) board of directors to increase dividend regularly.

PNM Resources (PNM) Revises 2019 View and Hikes Dividend

PNM Resources (PNM) Down 7.1% Since Last Earnings Report: Can It Rebound?

PNM Resources (PNM) is a promising investment option and is set to provide better returns to investors.

PNM Resources Boosts Assets, to Invest $3.9 B in Next 5 Years

PNM Resources has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.

PNM Resources Enters Oversold Territory

PNM Resources, Inc. (PNM) CEO Pat Vincent-Collawn on Q3 2019 Results - Earnings Call Transcript

Warmer-than-normal weather drives PNM Resources' (PNM) Q3 results.

PNM Resources' (PNM) Earnings Beat Estimates in Q3, Up Y/Y

PNM Resources (PNM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy PNM Resources (PNM) Ahead of Earnings?

PNM Resources' (PNM) Q3 results are likely to show benefits from normal weather conditions.

PNM Resources (PNM) to Post Q3 Earnings: Is a Beat in Store?

PNM Resources (PNM) is an appropriate investment option, courtesy of its long-term plans.

Here's Why You Should Add PNM Resources (PNM) Stock Now

PNM Resource's (PNM) acquisition will strengthen its existing system and enable it to accommodate 800-MW new wind energy.

PNM Resource to Acquire Western Spirit, Receives NMPRC's Nod

PNM Resources' (PNM) CEO Pat Vincent-Collawn on Q2 2019 Results - Earnings Call Transcript

PNM Resources (NYSE: PNM) revised its second-quarter consolidated ongoing earnings guidance (a non-GAAP financial measure) due to milder temperatures in New Mexico.

PNM Resources Cuts Outlook Amid Service Territory Weakness

Shares of PNM Resources Inc.  were indicated down nearly 3% in premarket trading Friday, after the electric utilities company cut its profit guidance for the second quarter and the full year, citing "substantially milder temperatures" in New Mexico.

News for PNM Resources Stock (PNM)