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PNM Resources Inc (PNM.N)

PNM.N on New York Stock Exchange

42.00USD
18 Jan 2019
Change (% chg)

$0.45 (+1.08%)
Prev Close
$41.55
Open
$41.69
Day's High
$42.02
Day's Low
$41.62
Volume
144,194
Avg. Vol
163,027
52-wk High
$45.34
52-wk Low
$33.75

Latest Key Developments (Source: Significant Developments)

PNM Resources Says Entered $150 Mln Term Loan Agreement
Monday, 17 Dec 2018 

Dec 17 (Reuters) - PNM Resources Inc ::PNM RESOURCES INC - ON DEC 14, ENTERED INTO $150.0 MILLION TERM LOAN AGREEMENT - SEC FILING.PNM RESOURCES INC - TERM LOAN IS EFFECTIVE AS OF DECEMBER 14, 2018 AND HAS A MATURITY DATE OF DECEMBER 13, 2019.PNM RESOURCES INC - PNMR EXPECTS TO USE PROCEEDS OF TERM LOAN TO REFINANCE EXISTING DEBT.  Full Article

Pnm Resources Sets Quarterly Dividend Of $0.29Per Share
Friday, 7 Dec 2018 

PNM Resources Inc ::PNM RESOURCES BOARD INCREASES DIVIDEND 9.4 PERCENT, DECLARES QUARTERLY COMMON STOCK DIVIDEND.SETS QUARTERLY DIVIDEND OF $0.29PER SHARE.2019 ONGOING EARNINGS GUIDANCE AFFIRMED.FY2019 EARNINGS PER SHARE VIEW $2.13, REVENUE VIEW $1.52 BILLION -- REFINITIV IBES DATA.VOTED TO INCREASE COMPANY'S ANNUAL DIVIDEND PAYMENT BY $0.10.DECLARED RESULTING QUARTERLY STOCK DIVIDEND OF $0.29 PER SHARE, PAYABLE FEBRUARY 15, 2019.DETERMINED THAT IT IS APPROPRIATE TO MOVE HIGHER WITHIN TARGETED PAYOUT RATIO OF 50 TO 60%.TO BEGIN TARGETING MID TO UPPER END OF PAYOUT RATIO OF 50 TO 60%.  Full Article

PNM Resources-Unit Entered Into A $90 Mln Term Loan Credit Agreement
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - PNM Resources Inc ::PNM RESOURCES INC - UNIT ENTERED INTO A $90 MILLION TERM LOAN CREDIT AGREEMENT.PNM RESOURCES INC - TERM LOAN IS EFFECTIVE AS OF NOVEMBER 26, 2018 AND HAS A MATURITY DATE OF NOVEMBER 26, 2020.PNM RESOURCES INC - UNIT EXPECTS TO USE THE PROCEEDS OF THE TERM LOAN TO PAY DOWN EXISTING DEBT.  Full Article

PNM Resources Management To Meet With Investors
Saturday, 10 Nov 2018 

Nov 9 (Reuters) - PNM Resources Inc ::PNM RESOURCES MANAGEMENT TO MEET WITH INVESTORS.PNM RESOURCES INC- DURING MEETING, MANAGEMENT EXPECTED TO AFFIRM COMPANY'S 2018 CONSOLIDATED EARNINGS GUIDANCE AND 2019 CONSOLIDATED EARNINGS GUIDANCE.  Full Article

PNM Resources Says Unit Issued $350 Million In Senior Unsecured Notes
Tuesday, 15 May 2018 

May 15 (Reuters) - PNM Resources Inc ::PNM RESOURCES SAYS UNIT ISSUED $350 MILLION IN SENIOR UNSECURED NOTES - SEC FILING.  Full Article

PNM Resources Reports Quarterly GAAP Diluted EPS $0.19
Friday, 27 Apr 2018 

April 27 (Reuters) - PNM Resources Inc ::PNM RESOURCES REPORTS FIRST QUARTER RESULTS.SEES FY 2019 EARNINGS PER SHARE $2.04 TO $2.16 FROM CONTINUING OPERATIONS.SEES FY 2018 EARNINGS PER SHARE $1.82 TO $1.92 FROM CONTINUING OPERATIONS.2018 AND 2019 ONGOING EARNINGS GUIDANCE AFFIRMED.QUARTERLY ONGOING DILUTED EPS $0.21.QUARTERLY GAAP DILUTED EPS $0.19.QTRLY TOTAL ELECTRIC OPERATING REVENUES $317.9 MILLION VERSUS $330.2 MILLION.Q1 EARNINGS PER SHARE VIEW $0.21 -- THOMSON REUTERS I/B/E/S.  Full Article

Calpers Says Encourage PNM Resources Shareowners To Support Proposal #4 On Climate Risk Reporting
Friday, 27 Apr 2018 

April 26 (Reuters) - PNM Resources Inc ::CALPERS SAYS ENCOURAGE PNM RESOURCES SHAREOWNERS TO SUPPORT PROPOSAL #4 ON CLIMATE RISK REPORTING - SEC FILING.  Full Article

PNM Resources Entered Into Third Amendment To Term Loan Agreement, Amending Its $150 Mln Term Loan
Wednesday, 7 Mar 2018 

March 7 (Reuters) - Pnm Resources Inc ::PNM RESOURCES SAYS ON MARCH 6, ENTERED INTO THIRD AMENDMENT TO TERM LOAN AGREEMENT, AMENDING ITS $150 MILLION TERM LOAN - SEC FILING.PNM RESOURCES INC - THIRD AMENDMENT EXTENDS MATURITY DATE OF TERM LOAN FROM MARCH 9, 2018 TO JUNE 8, 2018.  Full Article

Commission Approved Order In PNM General Rate Review
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Pnm Resources Inc ::COMMISSION APPROVED ORDER IN PNM GENERAL RATE REVIEW.PNM RESOURCES - NEW MEXICO PUBLIC REGULATION COMMISSION APPROVED AN ORDER CONTAINING MODIFICATIONS TO ORDER IN GENERAL RATE REVIEW.  Full Article

PNM Resources Says Unit Requested That Commission Reconsider Order In General Rate Review
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Pnm Resources Inc ::PNM RESOURCES - CO'S UNIT REQUESTED THAT NEW MEXICO COMMISSION RECONSIDER THEIR REJECTION OF ITS GENERAL RATE REVIEW SETTLEMENT AGREEMENT DATED MAY 23.  Full Article