TXNM Energy gets FERC approval for $11.5 billion Blackstone deal
TXNM Energy on Friday said the U.S. Federal Energy Regulatory Commission (FERC) had authorized the company's acquisition by Blackstone Infrastructure.
Fiscal Year: January - December
TXNM Energy, Inc. (TXNM), listed on the NYSE, has a market capitalization of $. As of Feb 21, 2026, the stock is trading at $59.05 per share, offering investors a clear view of its current market value. TXNM Energy, Inc. is a prominent player in the industry sector, attracting both institutional and retail investors due to its performance and potential.
With a P/E ratio of 32.36, investors can assess the stock's valuation in comparison to its earnings. A P/E ratio is a crucial indicator for value investors, showing whether the stock is over or undervalued relative to its current earnings. TXNM Energy, Inc. also offers a dividend yield of 2.86%, making it an attractive option for income-focused investors who seek regular dividends.
Our Discounted Cash Flow (DCF) analysis reveals that TXNM Energy, Inc. (TXNM) may be overvalued compared to its intrinsic worth. However, to see the exact DCF fair value, please Login or Upgrade for access.
The proprietary SS Score for TXNM Energy, Inc. is a unique metric that analyzes the company's financial health and growth potential. The score takes into account critical factors such as revenue growth, net income, free cash flow (FCF) compound annual growth rate (CAGR), the trend of shares outstanding, and the debt-to-FCF ratio. This helps investors to make a more informed decision, as an undervalued stock might still have poor financial fundamentals.
To view the detailed SS Score for TXNM Energy, Inc., Login or Upgrade for access.
The Price to Free Cash Flow (P/FCF) ratio for TXNM Energy, Inc. is 0, offering insights into how much investors are paying for the company's free cash flow. A lower P/FCF ratio typically suggests that the stock is undervalued, while a higher ratio may indicate overvaluation.
In summary, TXNM Energy, Inc. (TXNM) has shown consistent financial performance, as illustrated by the financial charts above, which track its revenue growth, net income, free cash flow, and shares outstanding over the past several years. These metrics provide investors with key insights into the company's past and projected future performance. Investors should use the SS Score alongside the DCF Fair Value to make better-informed decisions about whether to buy or hold the stock.
*This analysis is for informational purposes only and does not constitute investment advice. Always read the company's 10-K filings and do your own research before making any investment decisions.
Whether TXNM Energy, Inc. (TXNM) is a good stock to buy depends on various factors, including its financial health, market conditions, and your investment strategy. Our analysis indicates that the stock may be overvalued compared to its intrinsic value. However, it is important to assess the SS Score and review the company's fundamentals before making any investment decisions.
The fair value of TXNM Energy, Inc. (TXNM) is determined through our Discounted Cash Flow (DCF) analysis. This value represents the intrinsic worth of the stock based on its expected future cash flows. To view the specific fair value, consider subscribing to our service for complete access.
The SS Score is a proprietary financial quality metric that assesses factors such as revenue growth, net income, free cash flow growth, and debt levels. It helps investors evaluate the overall financial health of TXNM Energy, Inc.. To access the full SS Score, consider upgrading your subscription.
TXNM Energy, Inc. is a significant player in the industry sector, with a market capitalization of $ and a competitive P/E ratio of 32.36. Investors should compare these metrics with industry peers to gauge whether TXNM Energy, Inc. is outperforming or underperforming within its sector.
TXNM Energy on Friday said the U.S. Federal Energy Regulatory Commission (FERC) had authorized the company's acquisition by Blackstone Infrastructure.
ALBUQUERQUE, N.M., Feb. 20, 2026 /PRNewswire/ -- Today, the Federal Energy Regulatory Commission (FERC) authorized the application for TXNM Energy (NYSE: TXNM) to be acquired by Blackstone Infrastruct...
ALBUQUERQUE, N.M., Feb. 6, 2026 /PRNewswire/ -- Today, the Public Utility Commission of Texas (PUCT) approved a unanimous settlement filed in the application by Texas-New Mexico Power Company (TNMP) f...
ALBUQUERQUE, N.M. , Dec. 15, 2025 /PRNewswire/ -- Texas-New Mexico Power Company (TNMP), the Texas utility subsidiary of TXNM Energy (NYSE: TXNM), together with Blackstone Infrastructure have reached ...
ALBUQUERQUE, N.M., Dec. 2, 2025 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of TXNM Energy, Inc. (NYSE: TXNM) unanimously voted to increase the company's annual dividend ...
ALBUQUERQUE, N.M. , Nov. 17, 2025 /PRNewswire/ -- TNMP, the wholly-owned subsidiary of TXNM Energy (NYSE: TXNM) in Texas, filed its anticipated base rate review on Friday.
ALBUQUERQUE, N.M., Nov. 14, 2025 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of TXNM Energy (NYSE: TXNM), declared the regular quarterly dividend of $1...
2025 third quarter GAAP earnings of $1.22 per diluted share 2025 third quarter ongoing earnings of $1.33 per diluted share Proposed transaction with Blackstone Infrastructure approved by shareholders ...
ALBUQUERQUE, N.M., Sept. 23, 2025 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of TXNM Energy, Inc. (NYSE: TXNM) declared the regular quarterly dividend of $0.4075 per sha...
ALBUQUERQUE, N.M., Aug. 28, 2025 /PRNewswire/ -- TXNM Energy (NYSE: TXNM) shareholders voted overwhelmingly to approve the agreement under which Blackstone Infrastructure will acquire TXNM Energy at a...
SAN DIEGO, Aug. 28, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP has launched an investigation into whether the board members of TXNM Energy, Inc. (NYSE: TXNM) breached their fiduciary duties in conn...
ALBUQUERQUE, N.M., Aug. 25, 2025 /PRNewswire/ -- Today, TXNM Energy (NYSE: TXNM) filed applications for approval of its proposed acquisition by Blackstone Infrastructure with the New Mexico Public Reg...
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of TXNM ...
2025 second quarter GAAP earnings of $0.22 per diluted share 2025 second quarter ongoing earnings of $0.25 per diluted share Proposed transaction with Blackstone Infrastructure expected to close in th...
ALBUQUERQUE, N.M., June 30, 2025 /PRNewswire/ -- In its open meeting held June 26, 2025, the New Mexico Public Regulation Commission (NMPRC) approved the unopposed stipulation filed in PNM's 2028 Reso...
ALBUQUERQUE, N.M., May 20, 2025 /PRNewswire/ -- TXNM Energy (NYSE: TXNM) announces Henry Monroy as its new Senior Vice President and Chief Financial Officer.
Asset manager Blackstone is expanding its flourishing infrastructure business with a deal to buy energy holding company TXNM Energy for nearly $5.7 billion in cash.
Utility firm TXNM Energy said on Monday it would be acquired by the infrastructure unit of Blackstone in a $11.5 billion deal.
Provides long-term infrastructure investment to support the continued build-out of PNM and TNMP in a rapidly changing energy environment, facilitating economic development during New Mexico's transiti...
ALBUQUERQUE, N.M. , May 15, 2025 /PRNewswire/ -- PNM and TNMP, the wholly-owned subsidiaries of TXNM Energy (NYSE: TXNM), each received regulatory approvals today for pending rate recovery filings.
ALBUQUERQUE, N.M. , May 14, 2025 /PRNewswire/ -- The Board of Directors of TXNM Energy (NYSE: TXNM) announced the transition of current Chief Executive Officer Pat Collawn to Executive Chair, effectiv...
The infrastructure investing arm of asset manager Blackstone is in talks to buy New Mexico and Texas-focused utility TXNM Energy, a person familiar with the matter said on Monday.
TXNM Energy, Inc. (NYSE:TXNM) Q1 2025 Earnings Conference Call May 9, 2025 11:00 AM ET Company Participants Lisa Goodman - Investor Relations Pat Vincent-Collawn - Chairman & Chief Executive Officer ...
2025 first quarter GAAP earnings of $0.10 per diluted share 2025 first quarter ongoing earnings of $0.19 per diluted share 2025 ongoing earnings guidance range of $2.74 - $2.84 per diluted share affir...
TXNM Energy, Inc., formerly PNM Resources, serves 825,000 customers in Texas and New Mexico, with New Mexico being the larger market. The company plans to invest $7.8 billion in infrastructure, focusi...
Below estimates were sourced from SimplyWallSt and are intended for educational purposes only as a baseline for the analysis.
| Year | FCF Estimate | % | # Analysts |
|---|---|---|---|
| 2025 | -668.22M | -9.56% | Est @-9.6% |
| 2026 | -597.56M | -10.57% | Est @-10.6% |
| 2027 | -599.95M | 0.40% | Est @0.4% |
| 2028 | -606.52M | 1.10% | Est @1.1% |
| 2029 | -616.13M | 1.58% | Est @1.6% |
| 2030 | -627.27M | 1.81% | Est @1.8% |
| 2031 | -640.01M | 2.03% | Est @2.0% |
| 2032 | -654.03M | 2.19% | Est @2.2% |
| 2033 | -669.09M | 2.30% | Est @2.3% |
| 2034 | -683.94M | 2.22% | Est @2.2% |
Below are the FCF estimates with the discount factor and the calculated present value with the terminal value that led the results above.
| Year | FCF | Discount Factor | PV of Future FCF |
|---|---|---|---|
| 2023A | -524.64M | 1.00 | -524.64M |
| 2024A | -738.88M | 1.00 | -738.88M |
| 2025E | -668.22M | 1.07 | -623.05M |
| 2026E | -597.56M | 1.15 | -519.50M |
| 2027E | -599.95M | 1.23 | -486.33M |
| 2028E | -606.52M | 1.32 | -458.42M |
| 2029E | -616.13M | 1.42 | -434.21M |
| 2030E | -627.27M | 1.52 | -412.18M |
| 2031E | -640.01M | 1.63 | -392.13M |
| 2032E | -654.03M | 1.75 | -373.63M |
| 2033E | -669.09M | 1.88 | -356.40M |
| 2034E | -683.94M | 2.01 | -339.68M |
| Terminal | -14.76B | 2.01 | -7.33B |
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