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PNM Resources PNM

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    1. Politics Secondary to US Equity Fundamentals


      Tue, 15 Oct 2013

      We recently sat down with the CEO of PNM Resources PNM, Jeff Sterba, and the firm's CFO, Chuck Eldred, at the EEI Financial Conference. News at PNM has centered on the firm

    2. Dropping Coverage of PNM Resources


      Mon, 7 Sep 2009

      We are no longer providing equity research on PNM Resources PNM. We provide broad coverage of more than 1,800 companies across 91 industry groups and adjust our coverage as necessary based on client demand and investor interest.

    3. Regulators Approve PNM Gas Sale


      Fri, 12 Dec 2008

      Our fair value estimate for PNM Resources PNM is unchanged following news that regulators have unanimously approved the $620 million cash sale of the firm's gas operations

    4. PNM Requests Electric Rate Increase


      Tue, 23 Sep 2008

      PNM Resources PNM is seeking approval from New Mexico regulators for significantly higher electric rates. The struggling utility's request

    5. PNM Awarded Emergency Fuel Clause


      Wed, 28 May 2008

      PNM Resources PNM has been awarded a desperately needed emergency fuel provision. While the provision is not a long-term solution and is limited

    6. PNM Resources Bleeds in 1Q


      Wed, 7 May 2008

      PNM Resources ' PNM downward earnings spiral continued in the first quarter of 2008. The company's main segment, PNM Electric, reported

    7. PNM Granted Higher Rates


      Fri, 25 Apr 2008

      New Mexico regulators have awarded ailing PNM Resources PNM a $33 million annual rate increase and an allowed return on equity of 10.1%. These terms are inferior to those initially

    8. PNM Seeks Emergency Fuel Clause


      Thu, 27 Mar 2008

      We think PNM Resources ' PNM vigorous objection to recommended rate terms, together with the support it has garnered from key constituent groups, improves

    9. PNM Resources Dealt Major Blow


      Fri, 7 Mar 2008

      We are further reducing our fair value estimate for PNM Resources PNM following the recommendation of a significantly lower rate increase than the company requested. While the final order on the

    10. PNM Resources under Review


      Fri, 29 Feb 2008

      We are placing PNM Resources PNM under review as we take a closer look at the firm's restructuring measures and high-cost operating environment. Depending

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