All Releases
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PNM Resources Announces 2012 Ongoing Earnings Guidance Range
Dec 9, 2011
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Company to provide details during conference call today at 11 a.m.
Eastern
2011 guidance affirmed
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--
PNM Resources (NYSE: PNM) management today announced the company's 2012
ongoing earnings guidance range of $1.20 to $1.32 per dilute...
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PNM Declares Preferred Dividend
Dec 7, 2011
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ALBUQUERQUE, N.M.--(BUSINESS WIRE)--
The Board of Directors of PNM, a subsidiary of PNM Resources (NYSE:
PNM), has declared the regular quarterly dividend of $1.145 per share on
the 4.58 percent series of cumulative preferred stock. The preferred
stock dividend is payable Jan. 16, 2012, to shareholders of record ...
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PNM Resources Names Pat Vincent-Collawn New Board Chairman
Dec 7, 2011
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ALBUQUERQUE, N.M.--(BUSINESS WIRE)--
The Board of Directors of PNM Resources (NYSE: PNM) today announced it
has elected Pat Vincent-Collawn as its new chairman.
Vincent-Collawn, currently PNM Resources' president and CEO, will assume
her new role on Jan. 1, 2012. She replaces Jeffry Sterba, who se...
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PNM Resources Board Declares Quarterly Common Stock Dividend
Dec 6, 2011
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ALBUQUERQUE, N.M.--(BUSINESS WIRE)--
The Board of Directors of PNM Resources (NYSE: PNM) today declared the
regular quarterly dividend of $0.125 per share on its common stock,
which has an indicated annual rate of $0.50 per share. The dividend is
payable Feb. 15, 2012, to shareholders of record at the close of
...
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PNM Asks for Stop to New EPA Visibility Rule During Legal Review
Dec 1, 2011
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ALBUQUERQUE, N.M.--(BUSINESS WIRE)--
PNM Resources' (NYSE: PNM) New Mexico utility, PNM, has asked a federal
appeals court to suspend a stringent new U.S. Environmental Protection
Agency requirement on its coal-fired San Juan Generating Station while
the court considers whether to overturn the EPA action.
...
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PNM Resources to Announce 2012 Ongoing Earnings Guidance on Dec. 9
Nov 30, 2011
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ALBUQUERQUE, N.M.--(BUSINESS WIRE)--
PNM Resources (NYSE: PNM) will announce the company's 2012 ongoing
earnings guidance range prior to the market opening on Friday, Dec. 9,
2011. The news release will be issued at 8:30 a.m. Eastern and available
on the company's Web site at www.PNMResources.com.
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PNM Resources Management to Present During J.P. Morgan Conference
Nov 30, 2011
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2011 ongoing earnings guidance range affirmed during meetings with
investors
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--
PNM Resources (NYSE: PNM) management will make a company presentation at
4:30 p.m. Eastern on Dec. 1 during the J.P. Morgan SMid Cap Conference
in New York City. A live ...
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PNM Resources Announces Expiration and Final Results of Tender Offer for Portion of 9.25% Senior Notes
Nov 22, 2011
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ALBUQUERQUE, N.M.--(BUSINESS WIRE)--
PNM Resources (NYSE: PNM) today announced the expiration and final
results of its cash tender offer for a portion of its outstanding 9.25%
Senior Notes, Series A, due 2015. This completes the last step by PNM
Resources in its current plans to recapitalize its business through ...
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PNM Resources Management to Meet with Investors
Nov 14, 2011
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2011 ongoing earnings guidance range affirmed during meetings
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--
PNM Resources (NYSE: PNM) management will meet with institutional
investors during several meetings today and tomorrow in Wisconsin,
Michigan and Illinois.
During the m...
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PNM Resources to Present at EEI Financial Conference
Nov 4, 2011
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ALBUQUERQUE, N.M.--(BUSINESS WIRE)--
PNM Resources (NYSE: PNM) management will conduct a presentation during
the 45th Annual Edison Electric Institute Financial
Conference in Orlando, Fla. The presentation will be Web cast live at 9
a.m. Eastern on Tuesday, Nov. 8. Interested parties can access all of
th...
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PNM Resources Reports Third Quarter Results
Nov 3, 2011
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Company raises lower end of 2011 ongoing earnings guidance rangeConference
call scheduled for 11 a.m. Eastern today
THIRD QUARTER SUMMARY
GAAP (generally accepted accounting principles) earnings of $0.48 per
diluted share, compared with $0.53 per diluted share in 2010...
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PNM Resources Completes Sale of First Choice Power
Nov 1, 2011
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Exit from Texas competitive businesses complete
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--
PNM Resources (NYSE: PNM) today completed the cash sale of its retail
electricity provider to Direct Energy for $270 million, plus working
capital.
"The sale of First Choice Power co...
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PNM Resources Announces Cash Tender Offer for Senior Notes Due 2015
Oct 24, 2011
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ALBUQUERQUE, N.M.--(BUSINESS WIRE)--
PNM Resources (NYSE: PNM) today announced it has commenced a cash tender
offer to purchase up to $50.0 million aggregate principal amount of its
outstanding 9.25% Senior Notes, Series A, due 2015.
The planned debt purchase is part of PNM Resources' plan to use ...
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PNM Asks U.S. EPA to Reconsider Decision on San Juan Generating Station, Says Delay During Appeal "Critical"
Oct 22, 2011
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Also: Company Supports New Challenge of EPA Decision by New Mexico
Governor, New Mexico Environment Department
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--
PNM yesterday petitioned the U.S. Environmental Protection Agency to
reconsider its recent decision to adopt a federal plan in favor of a New
...
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PNM Resources to Announce Third Quarter 2011 Earnings on Nov. 3
Oct 21, 2011
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ALBUQUERQUE, N.M.--(BUSINESS WIRE)--
PNM Resources (NYSE: PNM) will announce financial results for the third
quarter of 2011 prior to the market opening on Thursday, Nov. 3,
2011. The earnings news release will be issued at 8:30 a.m. Eastern
and also will be posted on the company's Web site at www.PNMResources.co...
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PNM Resources Board Declares Quarterly Dividends for Common Stock and Preferred Series A Stock
Sep 27, 2011
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ALBUQUERQUE, N.M.--(BUSINESS WIRE)--
The Board of Directors of PNM Resources (NYSE: PNM) today declared the
regular quarterly dividends of $0.125 per share on its common stock and
$1.25 per share on its convertible preferred Series A stock, of which
each share is convertible into 10 shares of common stock. The in...
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PNM Resources Adopts New Strategic Direction
Sep 23, 2011
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Company increases 2011 earnings guidance range
Repositioning as strong pure-play electric utility
Company exiting competitive businesses in Texas
Conference call scheduled for 11 a.m. Eastern today
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--
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PNM Appeals EPA Decision on San Juan Power Plant to Federal Court, Asks EPA for Stay While Matter is Decided
Sep 15, 2011
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PNM Declares Preferred Dividend
Aug 16, 2011
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ALBUQUERQUE, N.M.--(BUSINESS WIRE)--
The Board of Directors of PNM, a subsidiary of PNM Resources (NYSE:
PNM), has declared the regular quarterly dividend of $1.145 per share on
the 4.58 percent series of cumulative preferred stock. The preferred
stock dividend is payable Oct. 14, 2011, to shareholders of record ...
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PNM Makes Necessary Filing to Increase Rates
Aug 11, 2011
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$72.1M revenue increase to be effective Aug. 21
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--
PNM Resources' (NYSE: PNM) electric utility, Public Service Co. of New
Mexico, and other key parties today filed a response to the N.M. Public
Regulation Commission's recent rate order, allowing for a $72.1 ...
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