2024 ongoing earnings guidance to be affirmed during meetings ALBUQUERQUE, N.M., Feb. 19, 2024 /PRNewswire/ -- PNM Resources (NYSE: PNM) management will meet with analysts and investors this week.
2024 ongoing earnings guidance to be affirmed during meetings ALBUQUERQUE, N.M. , Feb. 13, 2024 /PRNewswire/ -- PNM Resources (NYSE: PNM) management will meet with analysts and investors this week.
Conference call at 11 a.m. Eastern today 2023 GAAP earnings of $1.02 per diluted share 2023 ongoing earnings of $2.82 per diluted share 2024 ongoing earnings guidance range of $2.65 - $2.75 per diluted share ALBUQUERQUE, N.M.
ALBUQUERQUE, N.M. , Jan. 4, 2024 /PRNewswire/ -- The New Mexico Public Regulation Commission (NMPRC) issued an order in the application for a 2024 change in customer base rates by Public Service Company of New Mexico (PNM), a wholly-owned subsidiary of PNM Resources (NYSE: PNM).
Avangrid, the US division of Spanish energy company Iberdrola, announced on Tuesday it has terminated an agreement to acquire New Mexico-based electricity provider PNM Resources after the companies failed to win New Mexico regulatory approval. The agreement, first announced in October 2020, would have given PNM an $8.3 billion enterprise value and created the third largest US renewables compa...
PNM Resources Inc.'s stock PNM, -0.07% was down by 7.8% in premarket trading on Tuesday after Avangrid Inc. AGR, -1.10% said it would not complete a 2020 deal to buy PNM for $4.2 billion. Avangrid, which is majority-owned by Spain's Iberdrola SA IBE, -0.21%, said it was unable to obtain all final regulatory approvals by Dec. 31 and so it terminated the deal.
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