tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

TXNM Energy Terminates $1.505 Billion Loan Facility

Story Highlights
TXNM Energy Terminates $1.505 Billion Loan Facility

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from TXNM Energy ( (TXNM) ) is now available.

On July 22, 2025, Texas-New Mexico Power Company repaid and terminated a $1.505 billion 364-day delayed-draw term loan credit facility with Wells Fargo Bank, National Association, acting as the administrative agent. This repayment and termination of the loan facility may impact the company’s financial operations and its positioning within the energy industry, potentially affecting stakeholders involved.

The most recent analyst rating on (TXNM) stock is a Hold with a $45.00 price target. To see the full list of analyst forecasts on TXNM Energy stock, see the TXNM Stock Forecast page.

Spark’s Take on TXNM Stock

According to Spark, TipRanks’ AI Analyst, TXNM is a Neutral.

TXNM Energy’s overall score reflects strong earnings and strategic investments, but is moderated by high leverage, cash flow issues, and valuation concerns. Corporate events and earnings guidance provide positive future prospects, while technical analysis suggests potential caution due to overbought conditions.

To see Spark’s full report on TXNM stock, click here.

More about TXNM Energy

Average Trading Volume: 1,562,897

Technical Sentiment Signal: Buy

Current Market Cap: $6.01B

See more data about TXNM stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1