US News

Aug 31, 2026

TXNM Energy Announces Pricing of Public Offering of Common Stock

ALBUQUERQUE, N.M., Aug. 31, 2026/ PRNewswire/-- TXNM Energy, Inc. announced today that it has priced an underwritten public offering of 7,079,646 shares of its common stock, no par value, at a public offering price of $56.50 per share for approximate gross proceeds of approximately $400 million, before deducting the underwriting discount and estimated offering...Read more..

Aug 31, 2026

TXNM Energy Announces Public Offering of Common Stock

ALBUQUERQUE, N.M., Aug. 31, 2026/ PRNewswire/-- TXNM Energy, Inc. announced today the commencement of an underwritten public offering of $400.0 million of shares of its common stock, no par value. TXNM Energy intends to use the net proceeds to repay borrowings under its $400 million term loan agreement. In addition, to obtain a copy of the prospectus supplement and...Read more..

Aug 18, 2026

Public Service Company of New Mexico Declares Preferred Dividend

ALBUQUERQUE, N.M., Aug. 18, 2026/ PRNewswire/-- The Board of Directors of Public Service Company of New Mexico, a subsidiary of TXNM Energy, 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 October 15, 2026, to shareholders of record at the close of business...Read more..

Jul 31, 2026

TXNM Energy Reports Second Quarter 2026 Results

2026 second quarter GAAP earnings of $0.64 per diluted share 2026 second quarter ongoing earnings of $0.58 per diluted share Acquisition agreement extended; TNMP rate increase approved ALBUQUERQUE, N.M., July 31, 2026/ PRNewswire/-- TXNM Energy today reported 2026 second quarter results. TRANSACTION UPDATE On May 19, 2025, TXNM Energy announced an agreement...Read more..

Jul 21, 2026

TXNM Energy Board Declares Quarterly Common Stock Dividend

ALBUQUERQUE, N.M., July 21, 2026/ PRNewswire/-- At its regular meeting held today, the Board of Directors of TXNM Energy, Inc. declared the regular quarterly dividend of $0.4225 per share on the company's common stock. The dividend is payable August 14, 2026, to shareholders of record at the close of business August 3, 2026.. Background: TXNM Energy, an energy holding...Read more..

Jul 17, 2026

TXNM Energy and Blackstone Infrastructure Extend Merger Agreement

The transaction has received approval from the Public Utility Commission of Texas, the Federal Energy Regulatory Commission, the Federal Communications Commission and under the waiting period required by the Hart-Scott-Rodino Antitrust Improvements Act. "We appreciate the NMPRC's careful review of this case and look forward to further demonstrating...Read more..

Jun 01, 2026

Powering homes and businesses with reliable, affordable and clean energy: PNM puts forth balanced plan to advance carbon-free future

ALBUQUERQUE, N.M., June 1, 2026/ PRNewswire/-- PNM, a wholly-owned subsidiary of TXNM Energy, put forth a plan for future energy resources needed to continue powering homes and businesses with reliable, affordable and clean energy. As part of this plan, PNM has submitted an application with the New Mexico Public Regulation Commission detailing the resources...Read more..

May 29, 2026

TNMP Files Comprehensive Rate Settlement

ALBUQUERQUE, N.M., May 29, 2026/ PRNewswire/-- TNMP, the wholly-owned subsidiary of TXNM Energy in Texas, filed a comprehensive settlement in its base rate review pending before the Public Utility Commission of Texas. The settlement supports TNMP's continued ability to power growth in Texas with a reliable, resilient grid. Parties joining the settlement include...Read more..

May 21, 2026

Public Service Company of New Mexico Declares Preferred Dividend

ALBUQUERQUE, N.M., May 21, 2026/ PRNewswire/-- The Board of Directors of Public Service Company of New Mexico, a subsidiary of TXNM Energy, 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, 2026, to shareholders of record at the close of business June...Read more..

May 01, 2026

TXNM Energy Reports First Quarter 2026 Results

2026 first quarter GAAP earnings of $0.03 per diluted share 2026 first quarter ongoing earnings of $0.21 per diluted share Updated 2026- 2030 capital investment plan of $10.2 billion. "Our growing capital plan focuses on delivering the technology and solutions to provide customers with reliable, affordable energy and achieve New Mexico's clean energy...Read more..

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