TXNM Energy, Inc. (TXNM)

Profile

https://www.txnmenergy.com

TXNM Energy, Inc. is an energy holding company that provides regulated electricity and electric services through its subsidiaries, Public Service Company of New Mexico and Texas-New Mexico Power Company. TXNM Energy serves residential, commercial, industrial, and wholesale customers across New Mexico and Texas, with activities spanning power generation, transmission, distribution, and related utility operations. Its business is organized around regulated utility segments that focus on delivering reliable electric service, managing grid infrastructure, and supporting retail and wholesale power needs in its service territories. The company also maintains supporting corporate functions and utility assets tied to its regional operations. Based in Albuquerque, New Mexico, TXNM Energy plays a central role in the Southwestern U.S. utility market by serving communities and businesses through essential electric infrastructure and service networks.