TXNM Energy reports Q2 2026 earnings, extends Blackstone deal deadline to May 2027

Filed July 31, 2026 · Period ending July 31, 2026 · ~1 min read

Key Changes

• high

  Blackstone acquisition deadline extended to May 31, 2027; closing now expected in first half of 2027 pending New Mexico and federal regulatory approvals.

  Exhibit 99.1 view on EDGAR →
• high

  TNMP rate case approved with $2.8B rate base, 9.65% ROE, and 45% equity ratio; interim rates effective May 22, 2026, final rates September 13, 2026.

  Exhibit 99.1 view on EDGAR →
• high

  Q2 2026 GAAP earnings of $0.64 per diluted share and ongoing earnings of $0.58 per diluted share; retail load increased at both PNM and TNMP with new all-time system peaks.

  Exhibit 99.1 view on EDGAR →