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TXNM Energy reports Q3 2026 GAAP EPS of $1.50 and ongoing EPS of $1.62 amid Blackstone acquisition progress

Company Fundamentals
30 Oct 2026, 13:30 WIB
PRNewsWire
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Bullish
TXNM Energy reports Q3 2026 GAAP EPS of $1.50 and ongoing EPS of $1.62 amid Blackstone acquisition progress

TXNM Energy announced its third quarter 2026 results with GAAP earnings per diluted share of $1.50 and ongoing earnings per diluted share of $1.62, reflecting growth from the previous year. The company highlighted record demand during a hot summer and ongoing efforts to balance reliability and cost for customers. TXNM Energy is progressing with its acquisition by Blackstone Infrastructure, pending final regulatory approvals, with closing expected in the first half of 2027. Regulatory filings and infrastructure investments continue to support its long-term strategy in Texas and New Mexico.

TXNM Energy's third quarter 2026 results provide context for readers interested in energy and utilities. For readers following the Utilities sector, here is Pluang's market snapshot as of Oct 30, 2026 17:41 WIB: Among 40 priced Utilities-sector US stocks, 25 rose and 15 fell today. Exelon Corporation (EXC) rose 4.40% to USD 47.93 with a typical hold time of 3 days, while Xcel Energy Inc (XEL) increased 2.67% to USD 81.15 but saw 99% sell activity and a much longer typical hold time of 62 days. WEC Energy Group (WEC) gained 2.63% to USD 117.65 with a typical hold time of 9 days.

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