New Mexico

Permian Resources Acquires New Acreage in New Mexico

Published

2 years ago

February 5, 2024

Permian Resources Acquires New Acreage in New Mexico

Permian Resources announced last week that they had completed two transactions to acquire 11,500 net leasehold acres and 4,000 net royalty acres in Eddy County, New Mexico. These areas are adjacent to the legacy Earthstone position they acquired through last year’s merger. The acquired properties are mostly undeveloped acreage, and Permian Resources has stated that it plans to begin developing it later this year.

Map of Permian Resources and legacy Earthstone acreage in Eddy County, NM. Right map includes aquired acreage in yellow. Source: Permian Resources

In addition, the company completed an acreage trade, swapping 2,000 net acres of non-operated and lower working interest acreage for 2,000 net acres in Lea County, New Mexico. It also plans to begin developing the new acreage in Lea County this year. Both of these moves will refocus the company on production in the Permian after it sold its legacy Earthstone assets in the Eagle Ford shale late last year. Permian natural gas production has been back above 18 Bcf/d since January 26, and producer optimism seems likely to keep gas and oil production growing in coming years.

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New Mexico

New Mexico spoils Nevada’s Senior Day as Lobos leave Reno with 63-56 win

Published

6 hours ago

March 1, 2026

Press Room

New Mexico spoils Nevada’s Senior Day as Lobos leave Reno with 63-56 win

The Nevada women’s basketball team dropped its final home contest of the 2025-26 season on Saturday with New Mexico spoiling Senior Day and pushing past the Wolf Pack for a 63-56 win.

The Wolf Pack led 36-34 at halftime behind a hot-shooting start. Skylar Durley, Imbie Jones and Ahrray Young each had six points as Nevada shot 14-of-25 from the field (56%). But things cooled off in the second half, with the Lobos outscoring the Wolf Pack 19-13 in the third quarter to take a four-point lead into the fourth. Nevada’s shooting woes only worsened in the final period when it made just three field goals, including none in the final four minutes.

Durley led Nevada with 16 points and six rebounds. Young finished with 10 points, three rebounds and three assists. The Wolf Pack made just one three-pointer out of its nine attempts.

The loss drops Nevada to 9-20 overall, 5-14 within the Mountain West Conference. The Wolf Pack now heads to Utah State for Tuesday’s regular-season finale before opening the Mountain West Tournament play next Saturday in Las Vegas.

Watch our coverage of the game below.

Highlights and reaction from Nevada’s loss to New Mexico.

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New Mexico

San Diego State vs New Mexico Prediction, Picks & Odds for Today’s College Basketball Game

Published

18 hours ago

February 28, 2026

Press Room

San Diego State vs New Mexico Prediction, Picks & Odds for Today’s College Basketball Game

Expect the offenses to shine when SDSU visits New Mexico in The Pit today, per our college basketball betting picks.

Feb 28, 2026 • 10:23 ET

• 4 min read

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New Mexico

Public Service Company of New Mexico Declares Preferred Dividend

Published

1 day ago

February 28, 2026

Press Room

ALBUQUERQUE, N.M., Feb. 27, 2026 /PRNewswire/ — The Board of Directors of Public Service Company of New Mexico, a subsidiary of TXNM Energy (NYSE: TXNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable April 15, 2026, to shareholders of record at the close of business March 31, 2026.

Background:
TXNM Energy (NYSE: TXNM), an energy holding company based in Albuquerque, New Mexico, delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM. For more information, visit the company’s website at www.TXNMEnergy.com.

CONTACTS:
Analysts
Lisa Goodman
(505) 241-2160

Media
Corporate Communications
(505) 241-2743

SOURCE TXNM Energy, Inc.

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