Tag Archives: TNMP

Business, Finance, Occupation & Industry

PNM Declares Preferred Dividend

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By Business Wirevia The Motley Fool

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PNM Declares Preferred Dividend

ALBUQUERQUE, N.M.–(BUSINESS WIRE)– The Board of Directors of PNM, a subsidiary of PNM Resources (NYS: PNM) , today 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 April 15, 2013, to shareholders of record at the close of business April 1, 2013.

E-MAIL ALERTS, RSS FEEDS AVAILABLE

PNM Resources encourages analysts, investors and other interested parties to visit www.PNMResources.com and register to automatically receive company financial information by e-mail or RSS feeds. Once registered, participants can choose from a menu to automatically receive requested information, including news releases, notices of webcasts and filings with the U.S. Securities and Exchange Commission. Participants can unsubscribe at any time and will not receive information that was not requested.

Background:

PNM Resources (NYS: PNM) is an energy holding company based in Albuquerque, N.M., with 2012 consolidated operating revenues of $1.3 billion. Through its regulated utilities, PNM and TNMP, PNM Resources has approximately 2,538 megawatts of generation capacity and serves electricity to more than 738,000 homes and businesses in New Mexico and Texas. For more information, visit the company’s Web site at www.PNMResources.com.

PNM Resources
Analysts
Jimmie Blotter, 505-241-2227
Media
Valerie Smith, 505-241-2892

KEYWORDS:   United States  North America  New Mexico

INDUSTRY KEYWORDS:

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Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

PNM Resources Management to Present at Williams Capital Group West Coast Seminar

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By Business Wirevia The Motley Fool

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PNM Resources Management to Present at Williams Capital Group West Coast Seminar

2013 ongoing earnings guidance range affirmed during presentation

ALBUQUERQUE, N.M.–(BUSINESS WIRE)– PNM Resources (NYS: PNM) management will make a company presentation at 12:30 p.m. Pacific on Mar. 20 during the Williams Capital Group West Coast Seminar in Las Vegas. A live Web cast of the presentation can be accessed at: http://www.pnmresources.com/investors/events.cfm

Management is expected to affirm the company’s 2013 consolidated ongoing earnings guidance range of $1.32 to $1.42 per diluted share.

Supporting material for the investor meetings is available on PNM Resources’ Web site at http://www.pnmresources.com/investors/events.cfm.

Background:

PNM Resources (NYS: PNM) is an energy holding company based in Albuquerque, N.M., with 2012 consolidated operating revenues of $1.3 billion. Through its regulated utilities, PNM and TNMP, PNM Resources has approximately 2,538 megawatts of generation capacity and serves electricity to more than 738,000 homes and businesses in New Mexico and Texas. For more information, visit the company’s Web site at www.PNMResources.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Statements made in this news release that relate to future events or PNM Resources’ (“PNMR“), Public Service Company of New Mexico‘s (“PNM“), or Texas-New Mexico Power Company’s (“TNMP“) (collectively, the “Company”) expectations, projections, estimates, intentions, goals, targets, and strategies are made pursuant to the Private Securities Litigation Reform Act of 1995. Readers are cautioned that all forward-looking statements are based upon current expectations and estimates. PNMR, PNM, and TNMP assume no obligation to update this information. Because actual results may differ materially from those expressed or implied by these forward-looking statements, PNMR, PNM, and TNMP caution readers not to place undue reliance on these statements. PNMR‘s, PNM‘s, and TNMP‘s business, financial condition, cash flow, and operating results are influenced by many factors, which are often beyond their control, that can cause actual results to differ from those expressed or implied by the forward-looking statements. For a discussion of risk factors and other important factors affecting forward-looking statements, please see the Company’s Form 10-K and Form 10-Q filings with the Securities and Exchange Commission, which are specifically incorporated by reference herein.

Non-GAAP Financial Measures

…read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

PNM Resources Management to Meet with Investors

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By Business Wirevia The Motley Fool

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PNM Resources Management to Meet with Investors

2013 ongoing earnings guidance range affirmed during meetings

ALBUQUERQUE, N.M.–(BUSINESS WIRE)– PNM Resources (NYS: PNM) management will meet with analysts and investors this week in Chicago and Cleveland.

Management is expected to affirm the company’s 2013 consolidated ongoing earnings guidance range of $1.32 to $1.42 per diluted share during the meetings. Presentation materials are available on the company’s website at http://www.pnmresources.com/investors/events.cfm.

Background:

PNM Resources (NYS: PNM) is an energy holding company based in Albuquerque, N.M., with 2012 consolidated operating revenues of $1.3 billion. Through its regulated utilities, PNM and TNMP, PNM Resources has approximately 2,538 megawatts of generation capacity and serves electricity to more than 738,000 homes and businesses in New Mexico and Texas. For more information, visit the company’s Web site at www.PNMResources.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Statements made in this news release that relate to future events or PNM Resources’ (“PNMR“), Public Service Company of New Mexico‘s (“PNM“), or Texas-New Mexico Power Company’s (“TNMP“) (collectively, the “Company”) expectations, projections, estimates, intentions, goals, targets, and strategies are made pursuant to the Private Securities Litigation Reform Act of 1995. Readers are cautioned that all forward-looking statements are based upon current expectations and estimates. PNMR, PNM, and TNMP assume no obligation to update this information. Because actual results may differ materially from those expressed or implied by these forward-looking statements, PNMR, PNM, and TNMP caution readers not to place undue reliance on these statements. PNMR‘s, PNM‘s, and TNMP‘s business, financial condition, cash flow, and operating results are influenced by many factors, which are often beyond their control, that can cause actual results to differ from those expressed or implied by the forward-looking statements. For a discussion of risk factors and other important factors affecting forward-looking statements, please see the Company’s Form 10-K and Form 10-Q filings with the Securities and Exchange Commission, which are specifically incorporated by reference herein.

Non-GAAP Financial Measures

The Company uses ongoing earnings and ongoing earnings per diluted share (or ongoing diluted earnings per share) to evaluate the operations of the Company and to establish goals for management and employees. While the Company believes …read more
Source: FULL ARTICLE at DailyFinance