TXNM
TXNM ENERGY INC
NYSE · Utilities · Regulated Electric · US
$58.44
−0.26%Sep 19, 2026, 23:59 UTC
TXNM Energy took out a loan to repay the proceeds of the canceled $400 million stock sale to Blackstone.
Source:Sep 19, 2026, 23:59 UTC
TXNM Energy sought and received New Mexico Public Regulation Commission approval for a new stock issuance to replace a loan taken out to repay the unwound $400 million Blackstone stock sale, on condition the buyer could not be Blackstone.
Source:Sep 15, 2026, 15:40 UTC
TXNM Energy and Blackstone Infrastructure filed a motion with the New Mexico Public Regulation Commission seeking authorization to file a revised merger application that includes an enhanced $300 million customer and community benefits package and a nearly $5 billion commitment to invest in New Mexico's electric grid.
Source:Sep 12, 2026, 23:59 UTC
The New Mexico Department of Justice's Utilities Unit hand-delivered a letter to TXNM Energy President and CEO Don Tarry demanding that Public Service Company of New Mexico explain its billing practices and respond by Sept. 23.
Source:Sep 7, 2026, 12:45 UTC
Over 50 organizations and 1,400 New Mexico residents petitioned state leadership and gubernatorial candidates to invest $400 million of state funds in TXNM Energy, the parent of Public Service Company of New Mexico, to replace Blackstone Infrastructure as a shareholder.
Source:Aug 31, 2026, 20:03 UTC
TXNM Energy announced the commencement of an underwritten public offering of $400.0 million of its common stock.
Source:Aug 19, 2026, 00:00 UTC
TNMP, a subsidiary of TXNM Energy, issued $150 million aggregate principal amount of first mortgage bonds in two series under a 2026 Bond Purchase Agreement on August 19, 2026.
Aug 19, 2026, 00:00 UTC
PNM, a subsidiary of TXNM Energy, issued $200 million aggregate principal amount of senior unsecured notes in three series under a 2026 Note Purchase Agreement on August 19, 2026.
Aug 12, 2026, 23:59 UTC
Blackstone returned over $13 million in stock dividends to TXNM Energy after the New Mexico Public Regulation Commission found the stock purchase violated state law and ordered the companies to unwind the sale and pay fines.
Jul 31, 2026, 10:30 UTC
TXNM Energy reported second quarter 2026 GAAP net earnings of $71.3 million, or $0.64 per diluted share, and ongoing earnings of $64.1 million, or $0.58 per diluted share.
Jul 29, 2026, 21:45 UTC
TXNM Energy Inc. took out a $400 million loan to undo the stock sale ordered by the New Mexico Public Regulation Commission.
Source:Jul 27, 2026, 23:59 UTC
Blackstone Infrastructure is seeking to acquire TXNM Energy, the parent company of PNM, for $11.5 billion.
Source:Jul 21, 2026, 20:30 UTC
TXNM Energy's Board of Directors declared a regular quarterly dividend of $0.4225 per share on its common stock.
Jul 21, 2026, 00:00 UTC
TXNM Energy Inc. signed a $195 million term loan due 2028 to refinance Public Service Company of New Mexico's outstanding 2025 term loan that matured July 21, 2026.
Jul 20, 2026, 00:00 UTC
TXNM Energy Inc. entered into a letter agreement to obtain a $400 million term loan and $400 million equity financing to unwind the NMPRC-voided PIPE Transaction.
Jul 20, 2026, 00:00 UTC
TXNM Energy Inc. and Troy ParentCo LLC waived the right to terminate their merger agreement prior to May 31, 2027, and TXNM irrevocably waived $175 million of the $350 million Parent Termination Fee, reducing it to $175 million if payable.
Jul 17, 2026, 20:30 UTC
TXNM Energy and Blackstone Infrastructure extended their merger agreement for Blackstone Infrastructure to acquire TXNM Energy's outstanding common stock.