TXNM News

Parties in Texas Reach Unanimous Settlement for Approval of Blackstone Infrastructure Acquisition of TXNM Energy

TXNM

ALBUQUERQUE, N.M., Dec. 15, 2025 /PRNewswire/ -- Texas-New Mexico Power Company (TNMP), the Texas utility subsidiary of TXNM Energy (NYSE: TXNM), together with Blackstone Infrastructure have reached a unanimous settlement with parties in its filed application with the Public Utility...

December 15, 2025
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TXNM Energy Board Increases Annual Common Stock Dividend and Declares Quarterly Dividend Payment

TXNM

ALBUQUERQUE, N.M., Dec. 2, 2025 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of TXNM Energy, Inc. (NYSE: TXNM) unanimously voted to increase the company's annual dividend payment by $0.06, a 3.7 percent increase, to an indicated annual rate of $1.69 per share...

December 2, 2025
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TXNM Energy Shareholders Overwhelmingly Approve Acquisition by Blackstone Infrastructure

TXNM

(NYSE:TXNM) ALBUQUERQUE, N.M., Aug. 28, 2025 /PRNewswire/ -- TXNM Energy (NYSE: TXNM) shareholders voted overwhelmingly to approve the agreement under which Blackstone Infrastructure will acquire TXNM Energy at a special shareholders meeting held earlier today. Under the terms of the proposed...

August 28, 2025Mergers
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Public Service Company of New Mexico Declares Preferred Dividend

TXNM

ALBUQUERQUE, N.M., Aug. 26, 2025 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of TXNM Energy (NYSE: TXNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred...

August 26, 2025Dividends
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TXNM Energy Files Regulatory Applications

TXNM

ALBUQUERQUE, N.M., Aug. 25, 2025 /PRNewswire/ -- Today, TXNM Energy (NYSE: TXNM) filed applications for approval of its proposed acquisition by Blackstone Infrastructure with the New Mexico Public Regulation Commission (NMPRC), Public Utility Commission of Texas (PUCT) and Federal Energy...

August 25, 2025Mergers
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TXNM ENERGY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of TXNM Energy, Inc. - TXNM

TXNM

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of TXNM Energy, Inc. (NYSE: TXNM) to Blackstone Infrastructure. Under the terms of the proposed transaction, shareholders of TXNM will receive $61.25 in cash for each share of TXNM that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whet

August 6, 2025Mergers
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Public Service Company of New Mexico Declares Preferred Dividend

TXNM

ALBUQUERQUE, N.M., June 16, 2025 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of TXNM Energy (NYSE: TXNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred...

Barclays Maintains Overweight on TXNM Energy, Raises Price Target to $61

TXNM

May 21, 2025
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Scotiabank Maintains Sector Perform on TXNM Energy, Raises Price Target to $60

TXNM

May 20, 2025
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TXNM Energy Appoints Henry Monroy As New CFO Succeeding Retiring Lisa Eden After 21 Years Of Service

TXNM

May 20, 2025
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Reported Earlier: TXNM Energy Enters Agreement To Be Acquired By Blackstone Infrastructure For $61.25 Per Share In Cash Upon Closing, Or $11.5B, Including Net Debt (Excluding Securitization Debt) And Preferred Stock

TXNM

May 19, 2025
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Why Is TXNM Energy Stock Soaring On Monday?

TXNM

TXNM Energy, Inc. (NYSE: TXNM) will be acquired by Blackstone Infrastructure for $61.25 per share in cash, representing a 23.0% premium. Total enterprise value is $11.5 billion, with no new debt expected. Transaction to close in second half of 2026.

May 19, 2025
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The Board Of Directors Of Txnm Energy Announced The Transition Of Current Chief Executive Officer Pat Collawn To Executive Chair, Effective July 1, 2025

TXNM

May 14, 2025
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TXNM Energy Affirms FY2025 Adj EPS Guidance of $2.74-$2.84 vs $2.79 Est, And Maintained Its Long-term Earnings Growth Target Of 7% To 9%

TXNM

May 9, 2025
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TXNM Energy Q1 2025 Adj. EPS $0.19 Misses $0.20 Estimate, Sales $482.79M Beat $432.72M Estimate

TXNM

May 9, 2025
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Barclays Maintains Overweight on TXNM Energy, Raises Price Target to $57

TXNM

March 18, 2025
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Mizuho Upgrades TXNM Energy to Outperform, Maintains Price Target to $53

TXNM

March 11, 2025
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Barclays Maintains Overweight on TXNM Energy, Raises Price Target to $56

TXNM

March 4, 2025
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Mizuho Maintains Neutral on TXNM Energy, Raises Price Target to $53

TXNM

March 3, 2025
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TXNM Energy Files For Mixed Shelf Offering; Size Not Disclosed

TXNM

February 28, 2025
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Scotiabank Maintains Sector Perform on TXNM Energy, Raises Price Target to $55

TXNM

February 24, 2025
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TXNM Energy Q4 Adj $0.30 Misses $0.32 Estimate, Sales $476.96M Miss $546.36M Estimate

TXNM

February 21, 2025
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TXNM Energy's TNMP Subsidiary Filed An Unopposed Joint Motion Yesterday To Abate The Procedural Schedule In Its System Resiliency Plan Filing

TXNM

November 19, 2024
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TXNM Energy Narrows 2024 Adj EPS Guidance From $2.65 - $2.75 To $2.70 - $2.75, Est $2.71

TXNM

November 1, 2024
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TXNM Energy Q3 2024 Adj EPS $1.43 Beats $1.41 Estimate, Sales $569.26M Miss $588.88M Estimate

TXNM

November 1, 2024
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