TXNM Energy Q1 ongoing EPS $0.21; capital plan $10.2B; Blackstone deal on track for H2 2026

TXNM ENERGY INC

2026-Q1 EPS reported $0.03 revenue$504,982,000

GAAP net earnings $3.7M ($0.03 EPS); ongoing net earnings $23.8M ($0.21 EPS) vs Q1 2025 $0.10/$0.19.
Updated 2026-2030 capital investment plan of $10.2B; average rate base forecast from $7.6B (2026) to $13.6B (2030).
Blackstone acquisition at $61.25/share expected to close H2 2026; FERC, PUCT, FCC approvals received; NMPRC and NRC pending.
NMPRC approved PNM's $165M economic development projects and 30 MW battery storage ($78M investment).
TNMP base rate review hearings canceled to pursue settlement; Q1 segment ongoing EPS: TNMP $0.30, PNM $0.01.

item 2.02item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.