stock poised for growth amid regulatory wins By Investing.com
TXNM Energy, formerly known as Texas New Mexico, has been making waves in the Power & Utilities sector with its recent strategic moves and regulatory successes. The company, which underwent a name change in 2024, has positioned itself as a promising player in the small-cap electric utility space, drawing attention from industry analysts for its growth potential and strategic initiatives.
Company Overview and Recent Performance
TXNM Energy operates primarily in Texas and New Mexico, providing electric utility services to customers across these states. The company has built significant momentum through strong regulatory execution, particularly in New Mexico, where a recent settlement has been viewed as a catalyst for unlocking the next…
