SEC Filing Summary: PNM Resources, Inc. (Form 8-K)
Business Context and Reporting Period
This Current Report (Form 8-K) was filed by PNM Resources, Inc. on December 10, 2002, regarding events occurring on December 9, 2002. PNM Resources is an energy holding company based in Albuquerque, New Mexico. Its principal subsidiary, PNM, Public Service Company of New Mexico, provides natural gas service to approximately 439,637 customers and electric utility service to approximately 385,468 customers in New Mexico. The company also engages in wholesale power sales in the Western U.S.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics for the reporting period. The only specific financial figure disclosed is the declaration of a regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock.
Material Changes
There are no material changes to financial performance or operations reported in this filing compared to prior periods. The report solely addresses the declaration of a scheduled dividend payment.
Guidance, Outlook, and Management Commentary
The filing contains no forward-looking guidance, outlook, or management commentary regarding future financial performance. The primary event reported is the Board of Directors' declaration of the preferred dividend, which is payable on January 15, 2003, to shareholders of record on January 1, 2003.
Key Facts for Investor Verification
- Dividend Declaration: A quarterly dividend of $1.145 per share was declared on the 4.58 percent series of cumulative preferred stock.
- Payment Dates: The dividend is payable on January 15, 2003, with a record date of January 1, 2003.
- Customer Base: PNM serves 439,637 gas customers and 385,468 electric customers in New Mexico.
- Trading Symbol: PNM Resources stock trades on the NYSE under the symbol PNM.
- Data Limitations: This 8-K filing does not contain revenue, earnings, or balance sheet data; investors should refer to the most recent 10-K or 10-Q for those metrics.