PNM Resources Inc (PNM) 32.42 $PNM PNM Seeks NMPRC

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Sep 7, 2016 at 3:06 AM

PNM Resources Inc (PNM) 32.42 $PNM

PNM Seeks NMPRC Ruling in Rate Case
PR Newswire - Mon Aug 29, 5:00PM CDT
PNM Resources' (NYSE: PNM) New Mexico utility, Public Service Co. of New Mexico (PNM), today filed its response with the New Mexico Public Regulation Commission (NMPRC) requesting that the NMPRC make a ruling related to PNM's Aug. 27, 2015 general rate case filing. The NMPRC had previously proposed reopening the case and extending the suspension period to Dec. 15, 2016.
PNM: 32.42 (+0.32)

NMPRC Orders Extension in PNM General Rate Case Schedule
PR Newswire - Wed Aug 24, 5:10PM CDT
The New Mexico Public Regulation Commission (NMPRC) today ordered a 30-day extension to the procedural schedule for the general rate case filing submitted by PNM Resources' (NYSE: PNM) New Mexico utility, Public Service Co. of New Mexico (PNM). This order represents the third extension to the schedule and extends the suspension period through Sept. 30, 2016, the 13-month maximum suspension period allowed by law, delaying the implementation of new rates to Oct. 1, 2016.
PNM: 32.42 (+0.32)

PNM Resources Management to Meet with Investors
PR Newswire - Wed Aug 17, 5:30AM CDT
PNM Resources (NYSE: PNM) management will meet with analysts and investors this week in Wisconsin.
PNM: 32.42 (+0.32)

PNM Resources Reports Second Quarter Results
PR Newswire - Mon Aug 08, 4:30PM CDT
PNM Resources (NYSE: PNM) today released the company's 2016 second quarter earnings results. In addition, management affirmed its narrowed 2016 consolidated ongoing earnings guidance of $1.55 to $1.65 per diluted share.
PNM: 32.42 (+0.32)

Utilities to Watch for Earnings on Aug 8: SWX, PNM & OTTR
Zacks Equity Research - Zacks Investment Research - Fri Aug 05, 6:48AM CDT
Let us focus on the utilities scheduled to release second-quarter earnings on Aug 8.
PNM: 32.42 (+0.32), SWX: 71.41 (+0.59), OTTR: 35.31 (+0.42)

Hearing Examiner Issues Recommendation in PNM General Rate Case
PR Newswire - Thu Aug 04, 6:31PM CDT
The Hearing Examiner issued a recommended decision on Aug. 4, 2016 in the general rate case filing of Public Service Co. of New Mexico (PNM), a wholly owned subsidiary of PNM Resources (NYSE: PNM). PNM made the filing with the New Mexico Public Regulation Commission (Commission) on Aug. 27, 2015 for a $123.5 million (which includes $2 million of fuel) increase to its revenue requirement.
PNM: 32.42 (+0.32)

PNM Declares Preferred Dividend
PR Newswire - Thu Jun 09, 5:47PM CDT
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, 2016, to shareholders of record at the close of business July 1, 2016.
PNM: 32.42 (+0.32)

Interesting PNM Put Options For July 15th
DividendChannel.com - Mon May 23, 9:53AM CDT
Investors in PNM Resources Inc saw new options begin trading today, for the July 15th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the PNM options chain for the new July 15th contracts and identified the...
PNM: 32.42 (+0.32)

PNM Resources Reports First Quarter Results
PR Newswire - Fri Apr 29, 5:30AM CDT
PNM Resources (NYSE: PNM) today released the company's 2016 first quarter earnings results. In addition, management affirmed its 2016 consolidated ongoing earnings guidance of $1.55 to $1.76 per diluted share.
PNM: 32.42 (+0.32)

PNM Resources to Announce 2016 First Quarter Earnings on April 29
PR Newswire - Fri Apr 15, 5:33AM CDT
PNM Resources (NYSE: PNM) will announce 2016 first quarter financial results prior to the market opening on Friday, April 29, 2016. The earnings news release will be issued at 6:30 a.m. Eastern and also will be posted on the company's website at www.PNMResources.com.
PNM: 32.42 (+0.32)

San Juan Mine Sale Finalized
PR Newswire - Mon Feb 01, 3:20PM CST
PNM Resources' (NYSE: PNM) New Mexico Utility, Public Service Co. of New Mexico (PNM), today announced that customer savings have been secured through the finalization of the new coal supply and participant restructuring agreements for the San Juan Generating Station (SJGS). Combined savings from the agreements are expected to reduce customer costs by more than $300 million over six years. This will reduce customer bills by approximately five percent, with retroactive savings implemented as if the new coal contract had become effective in the month of January.
PNM: 32.42 (+0.32), WLB: 8.68 (+0.37)

PNM Resources' Management Reviews 2016 Ongoing Earnings Guidance
PR Newswire - Fri Dec 18, 5:30AM CST
PNM Resources' (NYSE: PNM) management today will discuss the company's 2016 ongoing earnings guidance of $1.55 to $1.76 per diluted share. Expectations for 2016 will be driven by the pending rate case in N.M. Also today, management affirmed the company's 2015 consolidated ongoing earnings guidance of $1.56 to $1.61 per diluted share.
PNM: 32.42 (+0.32)

San Juan Agreement Approved by N.M. Public Regulation Commission
PR Newswire - Wed Dec 16, 2:29PM CST
PNM Resources' (NYSE: PNM) New Mexico Utility, Public Service Co. of New Mexico (PNM), today received approval from the New Mexico Public Regulation Commission (NMPRC) of an agreement that would allow for the retirement of two units at San Juan Generating Station (SJGS). The NMPRC voted 4-1 to approve the NMPRC General Counsel's proposed order for approval of the Hearing Examiner's Nov. 16, 2015 recommended decision.
PNM: 32.42 (+0.32)

Upgrade Alert for PNM Resources (PNM)
Comtex SmarTrend(R) - Tue Dec 15, 7:23AM CST
PNM Resources (NYSE

NM) was upgraded from Hold to Buy at Gabelli & Co today. The stock closed yesterday at $28.48 on volume of 756,000 shares, above average daily volume of 581,000. Potential upside of 9.3% exists for PNM Resources, based on a current level of $28.48 and analysts' average consensus price target of $31.14. PNM Resources shares have support at the 50-day moving average (MA) of $28.34 and additional support at the 200-day MA of $27.10.
PNM: 32.42 (+0.32)

PNM Resources (PNM) Hikes Annual Dividend Rate by 10%
Zacks Equity Research - Zacks Investment Research - Fri Dec 11, 4:00PM CST
The board of directors of electric utility provider, PNM Resources, Inc. (PNM), approved an annual dividend hike of 10% or 8 cents per common share to take the payout to 88 cents per share.
PNM: 32.42 (+0.32), NEE: 125.29 (+2.16), FE: 33.05 (+0.23), WEC: 61.46 (+0.90)

PNM Resources Board Increases Dividend Payment, Declares Quarterly Common Stock Dividend
PR Newswire - Thu Dec 10, 6:08PM CST
At its regular meeting held today, the Board of Directors of PNM Resources (NYSE: PNM) unanimously voted to increase the company's annual dividend payment by $0.08, a 10.0 percent increase, to an indicated annual rate of $0.88 per share of common stock. This is consistent with the company's target to pay out 50 to 60 percent of annual ongoing earnings. The board has declared the resulting quarterly stock dividend of $0.22 per share, payable Feb. 12, 2016, to shareholders of record at the close of business Jan. 25, 2016.
PNM: 32.42 (+0.32)

PNM Resources to Announce 2016 Ongoing Earnings Guidance Dec. 18
PR Newswire - Mon Dec 07, 7:00PM CST
PNM Resources (NYSE: PNM) will announce the company's 2016 ongoing earnings guidance range prior to the market opening on Friday, Dec. 18, 2015. The news release will be issued at 6:30 a.m. Eastern and available on the company's website at www.PNMResources.com.
PNM: 32.42 (+0.32)

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