All Releases
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PNM Resources Announces Agreement in TNMP Electric Rate Case
Jun 22, 2009
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ALBUQUERQUE, N.M., Jun 22, 2009 (BUSINESS WIRE) -- PNM Resources' (NYSE:PNM) electric transmission and distribution
utility, Texas-New Mexico Power, today announced it has reached an
agreement with all parties that would allow a $6.8 million increase to
base rates, plus an additional $5.9 million of revenue associated with
...
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PNM Declares Preferred Dividend
Jun 11, 2009
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ALBUQUERQUE, N.M., Jun 11, 2009 (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 July 15, 2009, to shareholders of record...
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PNM Resources Management to Meet with Analysts and Investors During Separate Conferences
Jun 1, 2009
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ALBUQUERQUE, N.M., Jun 01, 2009 (BUSINESS WIRE) -- PNM Resources (NYSE: PNM) management will meet with energy industry
analysts and investors this week during separate conferences in New York
City.
Today and tomorrow management will attend the RBC Capital Markets Global
Energy and Power Conference. On June 4, management wil...
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Regulators Approve $77.1 Million Rate Increase for PNM
May 28, 2009
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ALBUQUERQUE, N.M., May 28, 2009 (BUSINESS WIRE) -- Regulators today approved a $77.1 million increase of non-fuel base
electric revenues for PNM Resources' (NYSE: PNM) New Mexico utility,
PNM. The increase will be implemented in two phases beginning July 1.
The N.M. Public Regulation Commission's approval stems from an
agre...
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PNM Resources Reports Improved 2009 First Quarter Earnings
May 1, 2009
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ALBUQUERQUE, N.M.--(BUSINESS WIRE)--PNM Resources (NYSE: PNM - News) today reported unaudited 2009 first quarter consolidated GAAP earnings of $95.4 million, or $1.04 per diluted share, compared with losses of $48.6 million, or $0.63 per diluted share, in 2008. GAAP earnings for the quarter reflect various non-recurring items that have a net pos...
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PNM Resources to Host 2009 First Quarter Earnings Call May 1
Apr 21, 2009
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ALBUQUERQUE, N.M., Apr 21, 2009 (BUSINESS WIRE) -- PNM Resources (NYSE: PNM) will discuss 2009 first quarter earnings
results and the 2009 earnings outlook during a live conference call and
Webcastat 9 a.m. Eastern on Friday, May 1, 2009. Speaking
on the call will be Jeff Sterba, PNM Resources chairman and CEO; Pat
V...
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PNM Declares Preferred Dividend
Mar 18, 2009
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ALBUQUERQUE, N.M., Mar 18, 2009 (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 April 15, 2009, to shareholders of reco...
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TNMP Prices $262 Million of First Mortgage Bonds
Mar 16, 2009
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ALBUQUERQUE, N.M., Mar 16, 2009 (BUSINESS WIRE) -- PNM Resources' (NYSE: PNM) Texas utility, Texas-New Mexico Power
Company, today announced the pricing of an offering of $262 million
aggregate principal amount of first mortgage bonds.
The 9.5% First Mortgage Bonds, due 2019, Series 2009A will pay interest
semi-annually at ...
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Agreement Reached on PNM Electric Rate Increase
Mar 6, 2009
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143.4 KB |
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PNM Resources Board Declares Quarterly Dividends for Common Stock and Preferred Series A Stock
Feb 17, 2009
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ALBUQUERQUE, N.M., Feb 17, 2009 (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 ...
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PNM Resources Announces 2008 Earnings Results
Feb 6, 2009
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ALBUQUERQUE, N.M., Feb 06, 2009 (BUSINESS WIRE) -- PNM Resources (NYSE: PNM) today reported unaudited 2008 consolidated
GAAP losses of $229.7 million, or $2.75 per diluted share, compared with
earnings of $74.9 million, or $0.96 per diluted share, in 2007.
Unaudited, consolidated 2008 ongoing earnings were $9.9 million, or
...
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PNM Resources Announces Expiration and Final Results of Tender Offer for Portion of Its 9.25% Senior Notes
Feb 5, 2009
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ALBUQUERQUE, N.M., Feb 05, 2009 (BUSINESS WIRE) -- PNM Resources (NYSE: PNM) today announced the expiration and final
results of its modified "Dutch Auction" tender offer (the "Tender
Offer") for a portion of its outstanding 9.25% Senior Notes, Series A,
due 2015 (the "Notes"). The terms and conditions of the Tender Offer ar...
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PNM Resources Announces Extension of Expiration Date for Tender Offer for Portion of Senior Notes to Feb. 5
Feb 3, 2009
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10.9 KB |
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ALBUQUERQUE, N.M., Feb 03, 2009 (BUSINESS WIRE) -- PNM Resources (NYSE: PNM) today announced it has extended the expiration
date of its previously announced tender offer (the "Tender Offer") for a
portion of its outstanding 9.25% Senior Notes, Series A, due 2015 (the
"Notes") to 9 a.m., New York City time, on Feb. 5, 2009. T...
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PNM Completes Sale of Gas Operations
Jan 30, 2009
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ALBUQUERQUE, N.M., Jan 30, 2009 (BUSINESS WIRE) -- PNM Resources' (NYSE: PNM) New Mexico utility, PNM, today successfully
completed the cash sale of its natural gas operations to New Mexico Gas
Company for approximately $640 million, which includes approximately $20
million in purchase-price adjustments.
"Completing the PNM...
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PNM Resources to Host 2008 Earnings Call Feb. 6
Jan 27, 2009
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ALBUQUERQUE, N.M., Jan 27, 2009 (BUSINESS WIRE) -- PNM Resources (NYSE: PNM) will discuss 2008 earnings results and provide
earnings outlooks for 2009 and 2010 during a live conference call and
Web cast at 9 a.m. Eastern on Friday, Feb. 6, 2009. The company
will issue its earnings news release the same morning by 7 a.m. East...
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PNM Resources Announces Extension of Early Participation Date in Tender Offer for Portion of Senior Notes
Jan 20, 2009
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10.9 KB |
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ALBUQUERQUE, N.M., Jan 20, 2009 (BUSINESS WIRE) -- PNM Resources (NYSE: PNM) today announced it has extended the Early
Participation Date in respect to its previously announced tender offer
for a portion of its outstanding 9.25% Senior Notes, Series A, due 2015.
The Early Participation Date has been extended until 9 a.m. New...
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PNM Resources Announces Tender Offer for Portion of Senior Notes
Jan 5, 2009
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ALBUQUERQUE, N.M., Jan 05, 2009 (BUSINESS WIRE) -- PNM Resources (NYSE: PNM) today announced the commencement of a modified
"Dutch Auction" tender offer (the "Tender Offer") for a portion of its
outstanding 9.25% Senior Notes, Series A, due 2015 (the "Notes").
PNM Resources is offering to purchase up to $150,000,000 (the "Tender
...
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Regulators Approve $620 Million Sale of PNM Gas Operations
Dec 11, 2008
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ALBUQUERQUE, N.M., Dec 11, 2008 (BUSINESS WIRE) -- The New Mexico Public Regulation Commission today unanimously approved
the $620 million cash sale of the PNM natural gas operations to New
Mexico Gas Company.
In early 2008, PNM Resources (NYSE: PNM) announced its New Mexico
utility, PNM, planned to sell the gas operations ...
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PNM Resources Board Declares Quarterly Dividends
Dec 9, 2008
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ALBUQUERQUE, N.M., Dec 09, 2008 (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, each share
of which is convertible into 10 shares of common stock. The ...
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PNM Resources Names New Head of First Choice Power
Dec 2, 2008
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10.9 KB |
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ALBUQUERQUE, N.M., Dec 02, 2008 (BUSINESS WIRE) -- PNM Resources (NYSE: PNM) has named a new president of its competitive
retail electricity provider in Texas. Effective Jan. 1, Brian Hayduk, a
veteran of deregulated electricity markets, will lead First Choice
Power, a PNM Resources subsidiary and one of Texas' largest retai...
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