TXNM: TXNM Energy, Inc.
About
TXNM Energy, Inc. operates as an investor-owned holding company, which provides electricity and electric services in New Mexico and Texas. It operates through the following segments: Public Service Company of New Mexico (PNM), Texas-New Mexico Power Company (TNMP), and Corporate and Other. The PNM segment includes the retail electric utility operations of the company. The TNMP segment provides transmission and distribution services of electricity in Texas. The Corporate and Other segment consists of holding company activities. The company was founded in 2000 and is headquartered in Albuquerque, NM.
Current Value
$47.771 Year Return
Current Value
$47.771 Year Return
Key Details
Market Cap
$4.32B
P/E Ratio
25
1Y Stock Return
14.17%
1Y Revenue Growth
-9.35%
Dividend Yield
3.58%
Price to Book
1.8
Strategies that include TXNM
Stock's related to TXNM
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| POR | 55.17% | $4.95B | +14.95% | 4.16% |
| OGE | 54.94% | $8.67B | +24.45% | 3.88% |
| BKH | 54.57% | $4.49B | +23.18% | 4.16% |
| NJR | 54.40% | $4.83B | +16.85% | 3.54% |
| NWE | 53.65% | $3.41B | +10.00% | 4.68% |
| AVA | 52.66% | $3.07B | +11.83% | 3.68% |
| ATO | 51.55% | $22.79B | +31.52% | 2.19% |
| DTE | 50.57% | $25.20B | +17.84% | 3.35% |
| LNT | 50.33% | $15.97B | +26.81% | 3.08% |
| IDA | 49.62% | $6.27B | +21.37% | 2.85% |
| NI | 49.61% | $17.32B | +42.68% | 2.86% |
| PNW | 49.55% | $10.34B | +26.67% | 3.90% |
| MGEE | 48.22% | $3.78B | +41.56% | 1.66% |
| CWT | 48.07% | $3.06B | +2.67% | 2.17% |
| SRE | 48.01% | $59.15B | +28.15% | 2.62% |
| PPL | 47.94% | $25.19B | +29.76% | 2.97% |
| WTRG | 47.90% | $10.70B | +12.02% | 3.25% |
| SR | 46.97% | $3.92B | +13.67% | 4.42% |
| AWR | 46.40% | $3.22B | +7.55% | 2.09% |
| FTS | 46.05% | $22.25B | +9.25% | 3.90% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| LPG | <0.01% | $1.10B | -31.36% | 0.00% |
| MSDL | -0.02% | $1.83B | +0.66% | 7.26% |
| IBKR | -0.11% | $20.20B | +131.83% | 0.37% |
| SMCI | 0.14% | $16.55B | -2.47% | 0.00% |
| ELF | 0.17% | $6.86B | +8.95% | 0.00% |
| AMD | 0.18% | $226.20B | +16.98% | 0.00% |
| XBIT | -0.24% | $203.32M | +87.36% | 0.00% |
| GPCR | 0.30% | $1.88B | -36.14% | 0.00% |
| LUMO | 0.31% | $37.45M | +41.97% | 0.00% |
| KRYS | 0.32% | $5.12B | +75.65% | 0.00% |
| MNR | -0.32% | $1.66B | -10.71% | 15.90% |
| TEM | -0.33% | $8.50B | 0.00% | 0.00% |
| TNK | -0.34% | $1.48B | -12.01% | 2.31% |
| VIRT | -0.35% | $3.17B | +110.38% | 2.60% |
| AOSL | -0.37% | $933.92M | +47.50% | 0.00% |
| EDSA | 0.41% | $7.11M | -21.79% | 0.00% |
| QTTB | -0.42% | $354.34M | +188.64% | 0.00% |
| KRRO | -0.42% | $436.84M | +20.68% | 0.00% |
| PRT | -0.43% | $48.72M | -16.56% | 10.33% |
| CME | 0.47% | $82.76B | +9.21% | 1.98% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| NVDA | -13.56% | $3.61T | +194.35% | 0.07% |
| CYD | -13.52% | $364.46M | -2.94% | 4.26% |
| ANF | -13.15% | $7.28B | +92.60% | 0.00% |
| LPLA | -11.95% | $23.55B | +38.13% | 0.38% |
| AMED | -10.98% | $2.95B | -3.95% | 0.00% |
| EDU | -10.66% | $9.06B | -22.20% | 0.00% |
| DELL | -10.60% | $99.00B | +84.60% | 1.24% |
| ALAR | -10.17% | $89.09M | +158.08% | 0.00% |
| NVMI | -9.74% | $5.16B | +44.02% | 0.00% |
| DOGZ | -9.58% | $614.77M | +1,372.26% | 0.00% |
| XGN | -9.47% | $62.26M | +127.74% | 0.00% |
| NERV | -9.40% | $14.69M | -58.00% | 0.00% |
| MCK | -9.37% | $78.15B | +35.51% | 0.42% |
| NTNX | -9.20% | $18.33B | +70.72% | 0.00% |
| XBIO | -8.59% | $6.01M | +21.36% | 0.00% |
| NNE | -8.40% | $833.66M | +531.50% | 0.00% |
| VRT | -8.27% | $52.90B | +230.61% | 0.07% |
| PSTG | -7.81% | $16.35B | +36.41% | 0.00% |
| CRWD | -7.35% | $86.61B | +69.05% | 0.00% |
| CCEC | -7.11% | $1.02B | +28.03% | 3.26% |
ETF's related to TXNM
News
Yahoo
TNMP, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), filed an unopposed joint motion yesterday to abate the procedural schedule in its System Resiliency Plan filing, including the hearing on the merits that is currently scheduled for November 19-20, 2024. The administrative law judge approved TNMP's request.
Yahoo
PNM, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), filed a joint notice with the New Mexico Public Regulation Commission (NMPRC) indicating several parties have reached a Settlement in Principle in PNM's 2025 Rate Request application.
Yahoo
In a continued effort to enhance reliability and economic benefits to customers, Public Service Company of New Mexico (PNM), a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), has announced its plan to join the California Independent System Operator (CAISO) Extended Day-Ahead Market (EDAM).
Yahoo
TXNM Energy, Inc. (NYSE: TXNM) management will meet with analysts and investors this week at the Edison Electric Institute Financial Conference.
Yahoo
TXNM Energy, Inc.'s ( NYSE:TXNM ) healthy profit numbers didn't contain any surprises for investors. However the...
Yahoo
TXNM Energy ( NYSE:TXNM ) Third Quarter 2024 Results Key Financial Results Revenue: US$569.3m (up 13% from 3Q 2023...
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.