PNM Resources to Announce 2020 Year-End Earnings on February 26

Rhea-AI Summary

PNM Resources will announce its 2020 fourth quarter and year-end financial results on February 26, 2021, before market opening at 6:30 a.m. Eastern. The earnings release will provide insights into the company's performance amid its ongoing merger with AVANGRID.

In 2020, PNM Resources reported $1.5 billion in consolidated operating revenues and serves approximately 800,000 customers in New Mexico and Texas, aiming for 100% emissions-free energy by 2040.

ALBUQUERQUE, N.M., Feb. 15, 2021 /PRNewswire/ -- PNM Resources (NYSE: PNM) will announce 2020 fourth quarter and year-end financial results prior to the market opening on Friday, February 26, 2021. The earnings news release will be issued at 6:30 a.m. Eastern.

In light of the previously announced merger transaction with AVANGRID, the company will not host a conference call. Additional information on the company's financial results and the pending merger transaction can be found on the company's website at www.PNMResources.com.

Background:
PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2020 consolidated operating revenues of $1.5 billion. Through its regulated utilities, PNM and TNMP, PNM Resources provides electricity to approximately 800,000 homes and businesses in New Mexico and Texas. PNM serves its customers with a diverse mix of generation and purchased power resources totaling 2.8 gigawatts of capacity, with a goal to achieve 100% emissions-free energy by 2040. For more information, visit the company's website at www.PNMResources.com.

Analysts	Media
Lisa Goodman	Ray Sandoval
(505) 241-2160	(505) 241-2782

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SOURCE PNM Resources, Inc.

FAQ

When will PNM announce its 2020 earnings results?

PNM Resources will announce its 2020 earnings results on February 26, 2021.

What were PNM's consolidated operating revenues in 2020?

PNM Resources had consolidated operating revenues of $1.5 billion in 2020.

How many customers does PNM serve?

PNM Resources provides electricity to approximately 800,000 homes and businesses.

What is PNM's goal for emissions-free energy?

PNM Resources aims to achieve 100% emissions-free energy by 2040.

Will there be a conference call for the earnings announcement?

No, PNM Resources will not host a conference call due to the pending merger with AVANGRID.