Risk factors

TXNM Energy (TXNM) risk factors

Item 1A of every TXNM Energy Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    32 risks9 new2 dropped4 reworded

    The risk profile is dominated by the pending Blackstone Infrastructure merger and associated closing uncertainties and litigation.

    Filed Feb 27, 2026
  • FY2024 10-K risk factors
    25 risks

    Regulatory compliance across multiple state and federal agencies dominates the risk profile.

    Filed Feb 28, 2025