secwatch.observer — SEC 8-K summary
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Issuer:     TXNM ENERGY INC (TXNM)
CIK:        0001108426
Form:       8-K
Filed at:   2026-07-31T11:13:43+00:00
Accession:  0001108426-26-000046
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108426/000110842626000046/0001108426-26-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22767/000110842626000046/pnm-20260731.htm
  HTML page:      https://secwatch.observer/filing/0001108426-26-000046

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