Detail akcie PNM Resources online

Business Summary: TXNM Energy, Inc. is a holding company providing electricity and electric services in New Mexico and Texas, with two regulated utilities, Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP). Its segments include PNM, TNMP, and Corporate and other. The PNM segment provides integrated electricity services that include the generation, transmission, and distribution of electricity for retail electric customers in New Mexico. The segment also includes the generation and sale of electricity into the wholesale market to serve its New Mexico retail customers. The TNMP segment provides transmission and distribution services at regulated rates to various REPs that, in turn, provide retail electric service to consumers within TNMP's service area. The segment also provides transmission services at regulated rates to other utilities that interconnect with TNMP’s facilities. The Corporate and Other segment includes TXNM holding company activities.
Financial Summary: BRIEF: For the three months ended 31 March 2026, TXNM Energy Inc revenues increased 5% to $505M. Net income applicable to common stockholders decreased 58% to $3.7M. Revenues reflect TNMP Electric segment increase of 17% to $175M. Net income was offset by Depreciation and amortization increase of 7% to $112.3M (expense), (Losses) on investment securities increase from $1.2M to $8.9M (expense).