FEB 10·AD HOC NEWS→
The Truth About PNM Resources Inc: Is This Quiet Utility Stock a Secret Power Play?
This article explores whether PNM Resources Inc, a regulated utility stock, is a worthwhile investment despite its lack of "hype" compared to meme stocks. It highlights PNM's predictable power delivery, steady returns, and dividend income potential, framing it as a defensive play for long-term, stability-seeking investors. The piece contrasts PNM with flashier investments, noting its value in a balanced portfolio, especially during market volatility.
FEB 6·Stock Titan→
Texas regulator okays Blackstone's TXNM takeover, $45M in bill credits
The Public Utility Commission of Texas (PUCT) has approved a settlement for Blackstone Infrastructure's acquisition of TXNM Energy's Texas utility, TNMP, deeming it in the public interest. The agreement includes $45 million in rate credits for customers, governance and local oversight terms, dividend restrictions, and a commitment to fund the company's 5-year capital expenditure plan. While FCC approval and the Hart-Scott-Rodino waiting period have been cleared, the transaction still requires approvals from FERC, NRC, and New Mexico regulators.