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. Trading under the new name and TXNM ticker is expected to begin on Monday, August 5, 2024. The change was overwhelmingly approved by shareholders at its annual meeting on June 4, 2024, and by the PNM Resources Board of Directors. There are no changes to the names of PNM or TNMP, wholly own ...

CONTACTS: Analysts Media Lisa Goodman Raymond Sandoval (505) 241-2160 (505) 241-2782 SOURCE PNM Resources, Inc. 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. The dividend is payable August 9, 2024, to shareholders of record at the close of business July 26, 2024. PNM Resources (NYSE: PNM) is an energy holding company based in Al ...

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. Management will also host a live conference call at 11 a.m. Eastern Time to discuss financial results and other company updates. The press release and accompanying presentation materials for the conference call will be posted on the company website at www.PNMResources.com. CONTACTS: Analysts Media Lisa Goodman Corporate Communications (505 ...

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. The requested change reflects investments in transmission and distribution infrastructure, updated cost of capital and capital structure, battery storage res ...

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. Analysts Media Lisa Goodman Corporate Communications (505) 241-2160 (505) 241-2783 Background: PNM Resources (NYSE: PNM) is an energy holding c ...

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"). Pursuant to the option granted by PNM Resources to the initial purchasers of the convertible notes to purchase, within a 13-day period, beginning on, and including, the date on which the convertible notes were first issued, the initial purchasers may purchase up to a ...

ALBUQUERQUE, N.M., June 4, 2024 /PRNewswire/ -- PNM Resources (NYSE: PNM) today announced the pricing of $500,000,000 in aggregate principal amount of its 5.75% junior subordinated convertible notes due 2054 (the "convertible notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). In addition, PNM Resources granted the initial purchasers of the convertible notes an option to purchase, within a 13-day period be ...

ALBUQUERQUE, N.M., June 4, 2024 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of PNM Resources (NYSE: PNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable July 15, 2024, to shareholders of record at the close of business June 28, 2024. Background: PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2023 consolidated ...

2024 ongoing earnings guidance to be affirmed during meetings ALBUQUERQUE, N.M., June 4, 2024 /PRNewswire/ -- PNM Resources (NYSE: PNM) management will meet with analysts and investors this week at the RBC Capital Markets Global Energy, Power and Infrastructure Conference in New York City. During the meetings, management is expected to affirm the company's 2024 consolidated earnings guidance of $2.65 to $2.75 per diluted share. Presentation materials are available on the company's website at http://www.pnmr ...

ALBUQUERQUE, N.M., June 3, 2024 /PRNewswire/ -- PNM Resources (NYSE: PNM) today announced that it intends to offer, subject to market and other conditions, $500,000,000 in aggregate principal amount of its junior subordinated convertible notes due 2054 (the "convertible notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). In addition, PNM Resources expects to grant the initial purchasers of the convertible ...