UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest events reported) April 23, 2004
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(March 31, 2004)
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Commission Name of Registrants, State of Incorporation, I.R.S. Employer
File Number Address and Telephone Number Identification No.
----------- -------------------------------------------- ------------------
333-32170 PNM Resources, Inc. 85-0468296
(A New Mexico Corporation)
Alvarado Square
Albuquerque, New Mexico 87158
(505) 241-2700
1-6986 Public Service Company of New Mexico 85-0019030
(A New Mexico Corporation)
Alvarado Square
Albuquerque, New Mexico 87158
(505) 241-2700
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(Former name, former address and former fiscal year,
if changed since last report)
Item 9. Regulation FD Disclosure
The Company is filing in this Form 8-K select Comparative Operating Statistics
for the months of March 2004 and 2003 and the three months ended March 2004 and
2003 to provide investors with key monthly business indicators. Readers of this
Form 8-K should refer to the Management's Discussion and Analysis of Financial
Condition and Results of Operations in the Company's annual and quarterly
periodic reporting on Form 10-K and Form 10-Q, respectively, for a discussion of
actual results of operations and any significant trends.
PNM Resources, Inc. and Subsidiaries
Comparative Operating Statistics
Month Ended Three Months Ended
March 31, March 31,
--------------------- ---------------------
2004 2003 2004 2003
---------- ---------- ---------- ----------
Electric Service:
Energy Sales - MWh (in thousands)
Retail 584 558 1,787 1,673
Wholesale
Long Term Sales 234 188 714 556
Forward Sales 248 186 623 588
Short Term Sales 540 440 1,644 1,431
---------- ---------- ---------- ----------
Total Wholesale Sales 1,022 814 2,981 2,575
---------- ---------- ---------- ----------
Total Energy Sales 1,606 1,372 4,768 4,248
========== ========== ========== ==========
Note: The Company has reclassified certain contracts between segments. As a
result, previously reported statistics do not reflect such presentation.
Weather:
Heating and Cooling Days - Albuquerque, NM
The heating degree day value (HDD) is the accumulation in degrees that the daily
mean temperature was below 65 degrees F. The cooling degree day value (CDD) is
the accumulation in degrees that the daily mean temperature was above 65 degrees
F.
HDD 359 535 1,964 1,868
========== ========== ========== ==========
CDD 1 0 1 0
========== ========== ========== ==========
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SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrants have duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
PNM RESOURCES, INC. AND
PUBLIC SERVICE COMPANY OF NEW MEXICO
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(Registrants)
Date: April 23, 2004 /s/ Thomas G. Sategna
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Thomas G. Sategna
Vice President and Corporate Controller
(Officer duly authorized to sign this report)
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