Public Service CO of New Mexico 10-Q quarterly reports

TXNM Energy, Inc. (TXNM) reported a significant increase in net earnings for the second quarter and first half of 2026, driven by improved performance across its utility subsidiaries, PNM and TNMP, despite ongoing regulatory reviews for its proposed merger.

TXNM Energy reports a significant drop in Q1 2026 net earnings attributable to TXNM, primarily due to increased operating expenses and investment losses, while its merger with Blackstone Infrastructure faces regulatory delays.

TXNM Energy reports a decline in Q3 2025 net earnings to $130.7 million, or $1.22 per diluted share, as it progresses towards its merger with Blackstone Infrastructure.

TXNM Energy, Inc. reported a significant drop in second-quarter net earnings, primarily driven by increased operating expenses and interest charges, while advancing its proposed merger with Blackstone Infrastructure and continuing substantial grid modernization and clean energy investments.

TXNM Energy's first quarter 2025 earnings were significantly lower than the previous year due to investment losses and increased operating expenses, despite revenue growth.

TXNM Energy's Q3 2024 results reveal a significant increase in net earnings, driven by regulatory relief, strategic investments, and favorable market conditions, despite challenges from increased expenses and weather impacts.

PNM Resources' second quarter results reflect a complex landscape of regulatory changes, strategic shifts in generation, and ongoing efforts to modernize its grid and meet renewable energy standards.

PNM Resources' Q1 2024 earnings were affected by milder weather, regulatory disallowances, and increased expenses, despite gains from investment securities and rate relief.