TxnM Energy Inc. (98P)
XFRA 
Summary
98P Chart
TXNM Energy gets FERC approval for $11.5 billion Blackstone deal
TXNM Energy on Friday said the U.S. Federal Energy Regulatory Commission (FERC) had authorized the company's acquisition by Blackstone Infrastructure.
TXNM Energy's 2.8% Yield: Reliable Utility or Risky Bet?
TXNM Energy just paid shareholders $0.4225 per share on February 13, 2026, marking a 3.7% increase from the previous quarter's $0.4075 payment.
TXNM Energy, Inc. (TXNM) Q1 2025 Earnings Call Transcript
TXNM Energy, Inc. (NYSE:TXNM ) Q1 2025 Earnings Conference Call May 9, 2025 11:00 AM ET Company Participants Lisa Goodman - Investor Relations Pat Vincent-Collawn - Chairman & Chief Executive Officer Don Tarry - President & Chief Operating Officer Lisa Eden - Senior Vice President & Chief Financial Officer Conference Call Participants Nick Campanella - Barclays Brian Russo - Jefferies Nick Campanella - Barclays Michael Lonegan - Evercore ISI Operator Good day, and welcome to the TXNM Energy Q1 2025 Conference Call. All participants will be in listen-only mode.
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TxnM Energy Inc. Profile
| Electric Utilities Industry | Utilities Sector | Joseph D. Tarry CEO | XFRA Exchange | US69349H1077 ISIN |
| US Country | 1,695 Employees | 27 Apr 2026 Last Dividend | 14 Jun 2004 Last Split | - IPO Date |
Overview
TXNM Energy, Inc., initially established in 1882 and headquartered in Albuquerque, New Mexico, stands as a comprehensive provider of electricity and electric services across the United States. Through its subsidiaries, including the Public Service Company of New Mexico (PNM) and the Texas-New Mexico Power Company (TNMP), the company operates with a focus on the generation, transmission, and distribution of electricity. Recognizing the evolving landscape of energy sources, TXNM Energy, Inc. commits to a diverse energy portfolio that encompasses traditional and renewable energy sources such as coal, natural gas, nuclear, solar, wind, geothermal, and innovative battery storage solutions. Historically known as PNM Resources, Inc., it rebranded to TXNM Energy, Inc. in August 2024 to better reflect its broadened scope and commitment to serving the residential, commercial, and industrial sectors in New Mexico and Texas efficiently and sustainably.
Products and Services
- Electricity Generation: TXNM Energy, Inc. generates electricity through a mix of traditional and renewable sources, including coal, natural gas, nuclear fuel, solar, wind, geothermal, and battery storage. This diverse approach enables the company to supply reliable and sustainable energy to meet current and future demands.
- Transmission and Distribution: The company specializes in the transmission and distribution of electricity to ensure consistent and safe delivery to end-users. With a vast network of infrastructure, TXNM Energy, Inc. guarantees the efficient transmission of power across its service territories, spearheaded by the operational efforts of its PNM and TNMP segments.
- Regulated Services: The TNMP segment of TXNM Energy, Inc. provides regulated transmission and distribution services, emphasizing the compliance with governmental standards and regulations to ensure the highest levels of service quality and reliability for its customers.
- Leasing and Real Estate: Beyond its core operations, TXNM Energy, Inc. holds and manages a portfolio of real estate, vehicles, service facilities, and office locations. These assets support the operational needs and logistical requirements of the company’s extensive service network across New Mexico and Texas.
