Txnm Energy INC

TXNM Energy announced second quarter 2026 results, with GAAP diluted EPS of $0.64 and ongoing diluted EPS of $0.58, while extending its acquisition agreement with Blackstone Infrastructure to May 31, 2027.

Public Service Company of New Mexico (PNM) has entered into a $195 million term loan agreement to refinance existing debt maturing on July 21, 2026.

New Mexico regulators voided a $400 million PIPE transaction related to TXNM Energy's merger with Blackstone, imposing penalties and requiring unwinding of the deal.

TXNM Energy's annual shareholder meeting saw the re-election of all director nominees and ratification of KPMG LLP as independent auditors, with advisory approval of executive compensation.

TXNM Energy, Inc. announced its 5.75% Junior Subordinated Convertible Notes are convertible from April 1 to June 30, 2026, while also reminding holders of a pending merger with Blackstone affiliates at $61.25 per share.

TXNM Energy's Board approved 2026 annual and long-term incentive plans for named executive officers, linking compensation to performance metrics.

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 Q1 2026 net earnings of $3.7 million amid ongoing regulatory review of its pending merger with Blackstone Infrastructure.

TXNM Energy reports a decline in nine-month earnings amidst progress on its Blackstone Infrastructure merger and significant utility plant investments.

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, along with its subsidiaries, Public Service Company of New Mexico and Texas-New Mexico Power Company, released its third quarter 2024 results, highlighting increased earnings and strategic investments.

TXNM Energy, Inc. reported a significant decrease in net earnings for 2025, down to $151.4 million from $242.2 million in 2024, while advancing its proposed merger with Blackstone Infrastructure.

TXNM Energy's 2024 10-K filing reveals a significant increase in net earnings, fueled by regulatory approvals, higher transmission rates, and increased customer load in both New Mexico and Texas.

PNM Resources reports its 2023 financial results, highlighting the termination of its merger agreement with Avangrid and ongoing efforts to transition to a clean energy portfolio.

TXNM Energy Inc. Director Steven Maestas was granted 2,698 restricted stock units, vesting in June 2027.

TXNM Energy Inc. Director Sidney M. Gutierrez was granted 2,698 restricted stock units, increasing his beneficial ownership to 32,135 shares.

TXNM ENERGY INC director E. Renae Conley was granted 2,698 restricted stock units, increasing her beneficial ownership to 39,971 shares.

Norman P. Becker, a Director at TXNM ENERGY INC, acquired 2,698 restricted stock units on June 10, 2026.

James Alton Hughes, a Director at TXNM Energy Inc., acquired 2,698 shares of common stock on June 10, 2026, as part of a restricted stock unit grant.

Lillian J. Montoya, a Director at TXNM Energy Inc., acquired 2,698 shares of common stock through a restricted stock unit grant.

TXNM Energy shareholders will vote on director elections, auditor ratification, and executive compensation ahead of the expected 2026 merger with Blackstone Infrastructure.

TXNM Energy has filed critical regulatory applications with state and federal commissions for its proposed acquisition by Blackstone Infrastructure, detailing significant customer and community benefits.

TXNM Energy, Inc. has issued a supplement to its proxy statement addressing shareholder lawsuits and demand letters related to its proposed merger with affiliates of Blackstone Infrastructure Partners L.P.

TXNM Energy, Inc. shareholders are invited to a special meeting on August 28, 2025, to vote on the proposed merger with Troy ParentCo LLC, an affiliate of Blackstone Infrastructure Partners L.P., offering $61.25 per share in cash.

TXNM Energy will file a proxy statement for shareholders to vote on a proposed acquisition by Blackstone Infrastructure.

TXNM Energy will hold its 2025 Annual Meeting of Shareholders on May 13, 2025, to elect directors, ratify the appointment of KPMG LLP, and approve executive compensation.

Blackstone-affiliated entities, led by Troy TopCo LP, have acquired an 7.9% stake in TXNM Energy, Inc. for $400 million, paving the way for a full cash merger where remaining shareholders will receive $61.25 per share.

Balyasny Asset Management L.P. and affiliated entities have reported beneficial ownership of 7,133,543 shares, representing 6.55% of TXNM Energy, Inc.'s common stock.

Vanguard Capital Management has reported beneficial ownership of 5.05% of TXNM Energy Inc.'s common stock as of March 31, 2026.

Vanguard Portfolio Management has reported beneficial ownership of 6,588,646 shares, representing 6.04% of the outstanding common stock of TXNM Energy Inc.

The Vanguard Group reports zero beneficial ownership in TXNM Energy Inc. common stock following an internal realignment.

T. Rowe Price Investment Management, Inc. has reported a 4.8% beneficial ownership stake in TXNM Energy Inc. common stock.

FMR LLC and Abigail P. Johnson have updated their beneficial ownership in TXNM Energy Inc., reporting a reduced 3.4% stake as of June 30, 2025.