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PNM PNM Resources

News

From Benzinga Pro
Price To Earnings Ratio Insights For PNM Resources
12 Jan 22
Earnings, News, Intraday Update, Markets
PNM Resources Reports Extension Of Merger Date With Avangrid To Apr. 20, 2023
3 Jan 22
M&A
PNM Resources (NYSE:PNM) and Avangrid, Inc. have entered into an amendment of their merger agreement extending the end date to April 20, 2023. Additionally, the companies have filed a Notice of Appeal with the New Mexico
PNM Reports Filed Notice Of Appeal In Mexico Related To Decision To Deny Application For Abandon, Sale, Securitization Of Minority Interest In Four Corners Power Plant
22 Dec 21
News, Commodities, Legal, Markets
Today, PNM filed a Notice of Appeal with the New Mexico Supreme Court of the decision earlier this month by the New Mexico Public Regulation Commission (NMPRC) to deny the application by Public Service Company of New
Benzinga's Top Ratings Upgrades, Downgrades For December 13, 2021
13 Dec 21
Upgrades, Downgrades, Initiation, Intraday Update, Analyst Ratings
Wells Fargo Upgrades PNM Resources to Overweight, Announces $50 Price Target
13 Dec 21
News, Upgrades, Price Target, Analyst Ratings
Wells Fargo analyst Jonathan Reeder upgrades PNM Resources (NYSE:PNM) from Equal-Weight to Overweight and announces $50 price target.
Barclays Maintains Underweight on PNM Resources, Lowers Price Target to $45
10 Dec 21
News, Price Target, Analyst Ratings
Barclays analyst Eric Beaumont maintains PNM Resources (NYSE:PNM) with a Underweight and lowers the price target from $50 to $45.
Benzinga's Top Ratings Upgrades, Downgrades For December 3, 2021
3 Dec 21
Upgrades, Downgrades, Initiation, Intraday Update, Analyst Ratings
Wells Fargo Upgrades PNM Resources to Equal-Weight, Lowers Price Target to $47
3 Dec 21
News, Upgrades, Price Target, Analyst Ratings
Wells Fargo analyst Jonathan Reeder upgrades PNM Resources (NYSE:PNM) from Underweight to Equal-Weight and lowers the price target from $50 to $47.
Mid-Morning Market Update: Markets Open Higher; Tyson Foods Posts Upbeat Q4 Results
15 Nov 21
Earnings, News, Eurozone, Commodities, Small Cap, Global, Intraday Update, Markets
Following the market opening Monday, the Dow traded up 0.27% to 36,196.19 while the NASDAQ rose 0.26% to 15,902.90. The S&P also rose, gaining 0.24% to 4,693.92.
Hearing Examiner Issues Recommendation To Approve Abandonment, Securitization Of Four Corners Power Plant
15 Nov 21
News
On Friday, a Hearing Examiner of the New Mexico Public Regulation Commission (NMPRC) issued a recommendation for PNM Resources, Inc. (NYSE:PNM) wholly-owned subsidiary Public Service Company of New
PNM Resources Q3 EPS $1.37 Beats $1.18 Estimate
28 Oct 21
Earnings, News
PNM Resources (NYSE:PNM) reported quarterly earnings of $1.37 per share which beat the analyst consensus estimate of $1.18 by 16.1 percent. This is a 2.14 percent decrease over earnings of $1.40 per share from the same

Press releases

From Benzinga Pro
AVANGRID and PNM Resources Merger Agreement Extended; Companies File Notice of Appeal With New Mexico Supreme Court
3 Jan 22
Press Releases
Today, AVANGRID, Inc. (NYSE:AGR), a leading sustainable energy company, announced it has entered into an amendment of the merger agreement with PNM Resources (NYSE:PNM) extending the end date to April 20, 2023. The
PNM Resources Merger Agreement Extended and Appeal Filed, Financial Update with Earnings Guidance Scheduled for February 3
3 Jan 22
Commodities, Press Releases
ALBUQUERQUE, N.M., Jan. 3, 2022 /PRNewswire/ -- PNM Resources (NYSE:PNM) and Avangrid, Inc. have entered into an amendment of their merger agreement extending the end date to April 20, 2023. Additionally, the companies
PNM Appeals Rejection of Plan to Exit Four Corners Coal Plant
22 Dec 21
Commodities, Press Releases
ALBUQUERQUE, N.M., Dec. 22, 2021 /PRNewswire/ -- Today, PNM filed a Notice of Appeal with the New Mexico Supreme Court of the decision earlier this month by the New Mexico Public Regulation Commission (NMPRC) to deny the
New Mexico Public Regulation Commission Denies PNM Application for Abandonment, Securitization of Four Corners Coal Plant
15 Dec 21
Commodities, Press Releases
ALBUQUERQUE, N.M., Dec. 15, 2021 /PRNewswire/ -- Today the New Mexico Public Regulation Commission (NMPRC) voted 5-0 to deny the application by Public Service Company of New Mexico (PNM), wholly-owned subsidiary of PNM
PNM Completes Purchase of Western Spirit Transmission Line
13 Dec 21
Commodities, Press Releases
ALBUQUERQUE, N.M., Dec. 13, 2021 /PRNewswire/ -- Public Service Company of New Mexico (PNM), wholly-owned subsidiary of PNM Resources, Inc. (NYSE:PNM), has closed on its purchase of the Western Spirit transmission line
New Mexico Public Regulation Commission Rejects Agreement Reached with Parties in PNM / AVANGRID Merger
8 Dec 21
Commodities, Press Releases
ALBUQUERQUE, N.M., Dec. 8, 2021 /PRNewswire/ -- Today the New Mexico Public Regulation Commission (NMPRC) rejected the agreement reached by parties in the merger application involving PNM Resources, Inc. (NYSE:PNM), its
PNM Declares Preferred Dividend
7 Dec 21
Dividends, Commodities, Press Releases
ALBUQUERQUE, N.M., Dec. 7, 2021 /PRNewswire/ -- 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
Officials of 15 Organizations Voice Support for PNM and AVANGRID Merger
3 Dec 21
Commodities, Press Releases
ALBUQUERQUE, N.M., Dec. 3, 2021 /PRNewswire/ -- Yesterday, PNM Resources (NYSE:PNM) and AVANGRID, Inc. (NYSE:AGR) answered open questions at a news conference about their proposed merger and addressed some concerns heard
New Mexico Public Regulation Commission Discusses PNM / AVANGRID Merger
2 Dec 21
Commodities, Press Releases
ALBUQUERQUE, N.M., Dec. 2, 2021 /PRNewswire/ -- Yesterday, the New Mexico Public Regulation Commission (NMPRC) began its consideration of the merger application involving PNM Resources, Inc. (NYSE:PNM), its wholly-owned
Hearing Examiner Issues Recommendation to Approve Abandonment, Securitization of Four Corners Power Plant
15 Nov 21
Commodities, Press Releases
ALBUQUERQUE, N.M., Nov. 15, 2021 /PRNewswire/ -- On Friday, a Hearing Examiner of the New Mexico Public Regulation Commission (NMPRC) issued a recommendation for PNM Resources, Inc. (NYSE:PNM) wholly-owned subsidiary
PNM Resources Reports Third Quarter Results
28 Oct 21
Earnings, Commodities, Press Releases
ALBUQUERQUE, N.M., Oct. 28, 2021 /PRNewswire/ -- 2021 third quarter GAAP earnings of $1.32 per diluted