TXNM

TXNM Energy's stock has been impacted by its proposed acquisition by Blackstone Infrastructure. Shareholders approved the acquisition on August 28, 2025. Regulatory approvals have been a key focus, with FERC and PUCT approving the transaction. Approvals from the Nuclear Regulatory Commission and the NMPRC are still pending, with the closing anticipated in the second half of 2026. TXNM Energy reported its first-quarter 2026 results on May 1, 2026, with GAAP diluted EPS of $0.03 and ongoing diluted EPS of $0.21. The company updated its five-year capital investment plan for 2026-2030 to $10.2 billion. The stock price has increased by 3.22% over the past six months and 10.55% over the past year.