PNM Resources Inc
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Utilities : Electric Utilities | Small Cap Value
Company profile

PNM Resources, Inc. (PNMR) is an investor-owned holding company with approximately two regulated utilities providing electricity and electric services in New Mexico and Texas. PNMR's electric utilities are Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP). It operates in three segments: PNM, TNMP, and Corporate and Other. The Company, through its Website provides information, including news releases, notices of Webcasts, and filings. PNM is an electric utility that provides electric generation, transmission and distribution service to its rate-regulated customers. TNMP is a regulated utility operating in Texas. TNMP provides transmission and distribution services in Texas under the provisions of Texas Electric Choice Act (TECA) and the Texas Public Utility Regulatory Act. The Corporate and Other segment includes PNMR holding company activities, related to corporate level debt and PNMR Services Company.

Closing Price
$49.51
Day's Change
-0.01 (-0.02%)
Bid
--
Ask
--
B/A Size
--
Day's High
49.70
Day's Low
49.39
Volume
(Light)
Volume:
612,698

10-day average volume:
923,663
612,698

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Yesterday's News, September 21, 2021
PNM Resources Board Declares Quarterly Common Stock Dividend

At its regular meeting held today, the Board of Directors of PNM Resources (NYSE: PNM) declared the regular quarterly dividend of $0.3275 per share on the company's common stock. The dividend is payable November 12, 2021 to shareholders of record at...(PR Newswire)

September 08, 2021
PNM Declares Preferred Dividend

The Board of Directors of Public Service Company of New Mexico, a subsidiary of PNM Resources (NYSE: PNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock...(PR Newswire)

August 25, 2021
AVANGRID and PNM Resources Announce Additional Support for Merger

Today AVANGRID, Inc. (NYSE: AGR) and PNM Resources, Inc. (NYSE: PNM) announced additional support for the Stipulation agreement in the New Mexico Public Regulation Commission (NMPRC) proceeding to review the merger between the parent company of the...(BusinessWire)

July 30, 2021
PNM and AVANGRID File Additional Customer Benefits and Customer Safeguards in Merger Application

On Thursday, Joint Applicants Public Service Company of New Mexico (PNM) and AVANGRID (NYSE: AGR). filed documents in the merger application of its parent company, PNM Resources, Inc. (NYSE: PNM), with AVANGRID. In the filings, PNM and AVANGRID...(PR Newswire)

PNM Resources Reports Second Quarter Results

https://mma.prnewswire.com/media/284109/pnm_resources_Logo.jpg -- 2021 second quarter GAAP earnings of $0.62 per diluted share -- 2021 second quarter ongoing earnings of $0.55 per diluted share reflects increased earnings compared to the second...(PR Newswire)

July 27, 2021
PNM Resources Board Declares Quarterly Common Stock Dividend

At its regular meeting held today, the Board of Directors of PNM Resources (NYSE: PNM) declared the regular quarterly dividend of $0.3275 per share on the company's common stock. The dividend is payable August 13, 2021 to shareholders of record at...(PR Newswire)

July 02, 2021
TNMP Reaches Settlement for 98% Requested Recovery of Distribution Investments

Texas-New Mexico Power Company (TNMP), the Texas utility subsidiary of PNM Resources, Inc. (NYSE: PNM), filed a settlement in its application to amend its Distribution Cost Recovery Factor to recover nearly $105 million in net distribution...(PR Newswire)

July 01, 2021
Cheniere Appoints Patricia K. Collawn and Lorraine Mitchelmore to Board of Directors

Cheniere Energy, Inc. ("Cheniere") (NYSE American: LNG) announced today that its Board of Directors ("Board") has appointed Patricia K. Collawn and Lorraine Mitchelmore to serve as members of the Board, effective July 1, 2021. Ms. Collawn and Ms...(BusinessWire)

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