---
schema_version: "secwatch.filing_event.v1"
accession: "0001108426-26-000046"
form_type: "8-K"
ticker: "TXNM"
cik: "0001108426"
company_name: "TXNM ENERGY INC"
filed_at: "2026-07-31T11:13:43+00:00"
generated_at: "2026-07-31T11:15:09.351268+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TXNM Energy Q2 GAAP EPS $0.64, ongoing $0.58; acquisition extended to May 2027

## Summary
- Q2 GAAP net earnings $71.3M ($0.64/diluted share) vs $21.6M ($0.22) YoY; ongoing net earnings $64.1M ($0.58) vs $24.5M ($0.25).
- Acquisition by Blackstone Infrastructure extended to May 31, 2027; closing expected first half 2027 pending NMPRC and NRC approvals.
- TNMP base rate review settlement approved by PUCT: $2.8B rate base, 9.65% ROE, 45% equity ratio; interim rates from May 22, 2026.
- PNM filed 2029-2032 Resource Portfolio with NMPRC: 800 MW wind PPAs, 240 MW solar, 610 MW battery storage, exit Four Corners in 2031.

## SEC filing metadata
- accession: 0001108426-26-000046
- form_type: 8-K
- ticker: TXNM
- cik: 0001108426
- company_name: TXNM ENERGY INC
- filed_at: 2026-07-31T11:13:43+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108426/000110842626000046/0001108426-26-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22767/000110842626000046/pnm-20260731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001108426-26-000046
- JSON: https://secwatch.observer/filing/0001108426-26-000046.json
- Plain text: https://secwatch.observer/filing/0001108426-26-000046.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.