PNM News

PNM Resources' (PNM) first-quarter 2020 earnings improve on a year-over-year basis.

PNM Resources' (PNM) first-quarter 2020 earnings improve on a year-over-year basis.

PNM Resources, Inc. (NYSE:PNM) shareholders might be concerned after seeing the share price drop 27% in the last...

PNM Resources (NYSE: PNM) will discuss COVID-19 updates today during its previously scheduled first quarter 2020 earnings call.

Unfortunately for some shareholders, the PNM Resources (NYSE:PNM) share price has dived 39% in the last thirty days...

Q1 2020 PNM Resources Inc Earnings Call

Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]

PNM Resources (PNM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

PNM Resources' (PNM) purchases power under long-term PPAs along with power generation of its own.

PNM Resources (PNM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

PNM Resources (NYSE: PNM) management will meet with analysts virtually today as part of the Mizuho Energy Summit.

Thank you, Jason, and thank you everyone for joining us this morning for the PNM Resources First Quarter 2020 Conference Call. Joining me today are PNM Resources Chairman, President and CEO, Pat Vincent-Collawn; Chuck Eldred, Executive Vice President of Corporate Development and Finance; and Don Tarry, our Senior Vice President and Chief Financial Officer.

PNM Resource (PNM) continues to focus on bringing more clean energy to its generation portfolio.

PNM Resources (NYSE: PNM) announces the closing of a private offering for an aggregate $185 million of First Mortgage Bonds at its wholly-owned subsidiary Texas New-Mexico Power (TNMP). $110 million of First Mortgage Bonds were issued April 24, 2020 and the remaining $75 million will be issued on or before July 15, 2020. The securities have various maturity dates at a weighted-average tenor of 19 years and a weighted-average rate of 3.01%.

Today the New Mexico Public Regulation Commission (NMPRC) unanimously approved an order for the abandonment and securitization of the San Juan Generating Station (San Juan) under the Energy Transition Act (ETA). PNM, the wholly owned New Mexico utility subsidiary of PNM Resources (NYSE: PNM), filed on July 1, 2019 a consolidated application requesting the abandonment of San Juan in June 2022 upon the expiration of the participation and coal supply agreements, securitization of the unrecovered investment in the plant and approvals for replacement power resources. The request for approvals of replacement power resources was separated into a separate NMPRC docket.

PNM Resources' (PNM) strong liquidity position will strengthen its existing operations.

PNM Resources (In millions, except EPS)

PNM Resources, Inc. (NYSE:PNM) (the "Company") today announced that the Company's Annual Meeting of Shareholders (the "Annual Meeting") will be held in a virtual meeting format only, on the previously announced date and time of Tuesday, May 12, 2020 at 9:00 a.m. Mountain Daylight Time.

Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...

PNM Resources (NYSE: PNM) management will meet with analysts and investors virtually this week.