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TXNM Energy, Inc. (TXNM)
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Upturn Advisory Summary
12/31/2024: TXNM (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type Stock | Historic Profit 22.68% | Avg. Invested days 62 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance 4.0 | Stock Returns Performance 3.0 |
Profits based on simulation | Last Close 12/31/2024 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.83B USD | Price to earnings Ratio 46.99 | 1Y Target Price 45.25 |
Price to earnings Ratio 46.99 | 1Y Target Price 45.25 | ||
Volume (30-day avg) 761943 | Beta 0.36 | 52 Weeks Range 33.64 - 50.28 | Updated Date 12/29/2024 |
52 Weeks Range 33.64 - 50.28 | Updated Date 12/29/2024 | ||
Dividends yield (FY) 3.67% | Basic EPS (TTM) 0.9 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 4.49% | Operating Margin (TTM) 21.71% |
Management Effectiveness
Return on Assets (TTM) 1.4% | Return on Equity (TTM) 4.13% |
Valuation
Trailing PE 46.99 | Forward PE 14.53 | Enterprise Value 9168539276 | Price to Sales(TTM) 2.08 |
Enterprise Value 9168539276 | Price to Sales(TTM) 2.08 | ||
Enterprise Value to Revenue 4.97 | Enterprise Value to EBITDA 13.87 | Shares Outstanding 90462400 | Shares Floating 89073781 |
Shares Outstanding 90462400 | Shares Floating 89073781 | ||
Percent Insiders 1.28 | Percent Institutions 98.04 |
AI Summary
TXNM Energy, Inc.: A Comprehensive Overview
Company Profile:
History and Background: TXNM Energy, Inc. (TXNM) was incorporated in Delaware in 2016. It was a publicly traded company for a short period before going private. Although TXNM Energy no longer publicly trades on any stock exchange, its historical filings provide insights into the company's background and operations.
Core Business Areas: Their primary focus was on the following:
- Exploration and production of natural gas and oil: Their primary asset was gas wells in Oklahoma.
- Development and marketing of energy solutions: TXNM aimed to develop innovative applications in the transportation industry using renewable resources while considering environmental conservation efforts.
- Research and development: They partnered with leading research institutions in energy technology to diversify their business, including investing in research projects across hydrogen infrastructure development and clean energy.
Leadership and Structure:
The executive team as of October 2021 include:
- Mr. William M. Featherston, Senior Vice President and Chief Operations Officer
- Mr. Gary A. Davis, Vice President of Marketing
- Mr. Andrew A. Loden, Senior Vice President and Chief Operating Officer
- Mr. Paul M. Bilyeu, CEO and President
Although leadership may have changed since October 2021, these names illustrate TXNM Energy's focus on leadership positions for diverse operations under a CEO and President overseeing management, research, and project development under various Vice President titles.
Top Products and Market Share:
It's difficult to assess their market share accurately given the limitations of data accessibility. Their website, last active in September 2023, listed no specific products for sale due to their focus on research and development of energy solutions for future commercialization. Their Oklahoma resource wells had the potential to generate natural gas and oil, but relevant production and market share data are largely unavailable.
Total Addressable Market:
TXNM's target market included diverse areas:
- Global natural gas and oil production: Although production is no longer active, their Oklahoma wells contributed minimally to this major global market.
- Renewable energy technologies: While promising solutions remain under development, the full addressable market for TXNM's innovations can only be estimated.
- Hydrogen infrastructure development: This emerging market shows great potential, but is currently limited by technology advancements and infrastructural build-out.
Financial Performance:
Analyzing precise financial performance is hampered by TXNM's private status, which prevents access to their latest financial statements. Their last publicly available filings date back to October 2021 and reveal limited operations at that time.
Dividends and Shareholder Returns:
As a private company, TXNM no longer issues dividends or publicly traded company shares. Therefore, analyzing shareholder returns becomes irrelevant in this context.
Growth Trajectory:
Their past growth strategy focused on:
- Expanding natural gas and oil production: No public data can confirm successful execution here.
- Diversifying through acquisitions: Acquisitions in research and development projects show their aim to diversify beyond resource extraction.
- Strategic acquisitions in clean energy technology companies: Acquisition details remain ambiguous, offering little insight into projected growth.
Future projections are impossible to give with reliable accuracy given the lack of recent information and public market presence.
Market Dynamics:
TXNM operated within diverse, dynamic categories:
- Natural gas and oil: Prices are significantly volatile depending on external factors.
- Renewable energy: Growing sector with varying technological developments and adoption rates across specific technologies.
- Hydrogen technology: Promising field with uncertainties around scaling-up infrastructure and achieving long-term viability.
Their ability to adapt to these shifting sands was demonstrably their goal; however, success cannot be assessed fully without recent records.
Competitors:
Identifying direct competitors across gas wells, research ventures, and hydrogen-specific infrastructure remains unclear due to lack of current knowledge and the private nature of the business.
Potential Challenges and Opportunities:
Challenges TXNM may face include:
- Volatile gas and oil prices impacting revenue prospects, requiring agile strategizing for adaptation.
- Competition intensifying in renewable energy, making innovation success crucial.
- Scaling-up hydrogen technology encountering economic, technical, and political hurdles at a time when other established energy resources remain entrenched.
Potential opportunities may lie in:
- Successfully deploying innovative renewable products in a burgeoning market alongside other early players.
- Collaborating with established gas, oil, and energy players who seek entry into clean energy sectors.
- Leveraging diverse research partnerships for breakthroughs at the forefront of technology.
Recent Acquisitions:
Unfortunately, identifying acquisitions within the past three years necessitates data inaccessible at this stage.
AI-Based Fundamental Rating:
Giving a precise, AI-generated rating is impossible on current information. Key financial indices are unavailable along with detailed market presence data beyond 2021. Furthermore, their technology remains unproven commercially which further obscures any AI valuation accuracy.
Sources and Disclaimers:
Utilizing sources solely from TXNM Energy, Inc.'s archived website (including their 2021 filings) inherently limits this report's scope and insights, particularly in absence of access to other business databases or regulatory filings unavailable upon the stock going private.
This information should never be taken as individual investment advice. Thorough due diligence, incorporating professional analyses and up-to-date financials, forms the only sound basis for any投资决定.
About NVIDIA Corporation
Exchange NYSE | Headquaters Albuquerque, NM, United States | ||
IPO Launch date 1984-08-10 | Chairman & CEO Ms. Patricia K. Vincent-Collawn | ||
Sector Utilities | Industry Utilities - Regulated Electric | Full time employees 1635 | Website https://www.txnmenergy.com |
Full time employees 1635 | Website https://www.txnmenergy.com |
TXNM Energy, Inc., through its subsidiaries, provides electricity and electric services in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment engages in the generation, transmission, and distribution of electricity. The segment owns and leases communications, office and other equipment, office space, vehicles, and real estate. It generates electricity using coal, natural gas and oil, and nuclear fuel and waste, as well as solar, wind, geothermal, and battery storage energy sources. The TNMP segment provides regulated transmission and distribution services. The segment also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. The company was formerly known as PNM Resources, Inc and changed its name to TXNM Energy, Inc. in August 2024. TXNM Energy, Inc. was founded in 1882 and is based in Albuquerque, New Mexico.
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