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) July 22, 2003
----------------------
(July 21, 2003)
----------------------
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
------------------------------
(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 April, May, June 2003 and 2002 and the four, five and six
months ended April, May, June 2003 and 2002 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 Four Months Ended
April 30, April 30,
-------------------------- ---------------------------
2003 2002 2003 2002
------------ ------------- ------------- -------------
Electric Service:
Energy Sales - MWh (in thousands)
Retail 538 561 2,265 2,300
Wholesale
Long Term Sales 182 86 684 367
Forward Sales 349 211 937 467
Short Term Sales 372 460 1,803 2,298
------------ ------------- ------------- -------------
Total Wholesale Sales 903 757 3,424 3,132
------------ ------------- ------------- -------------
Total Energy Sales 1,441 1,318 5,689 5,432
============ ============= ============= =============
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 243 105 2,111 2,187
============ ======== ========== ==========
CDD 0 15 0 15
============ ======== ========== ==========
2
PNM Resources, Inc. and Subsidiaries
Comparative Operating Statistics
Month Ended Five Months Ended
May 31, May 31,
-------------------------- ---------------------------
2003 2002 2003 2002
------------ ------------- ------------- -------------
Electric Service:
Energy Sales - MWh (in thousands)
Retail 596 604 2,862 2,904
Wholesale
Long Term Sales 188 85 872 451
Forward Sales 328 103 1,265 571
Short Term Sales 451 663 2,254 2,962
------------ ------------- ------------- -------------
Total Wholesale Sales 967 851 4,391 3,984
------------ ------------- ------------- -------------
Total Energy Sales 1,563 1,455 7,253 6,888
============ ============= ============= =============
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 51 29 2,162 2,216
============ ======== ========== ==========
CDD 141 114 141 129
============ ======== ========== ==========
3
PNM Resources, Inc. and Subsidiaries
Comparative Operating Statistics
Month Ended Six Months Ended
June 30, June 30,
-------------------------- ---------------------------
2003 2002 2003 2002
------------ ------------- ------------- -------------
Electric Service:
Energy Sales - MWh (in thousands)
Retail 625 661 3,487 3,565
Wholesale
Long Term Sales 190 57 1,062 508
Forward Sales 252 82 1,517 653
Short Term Sales 555 648 2,809 3,610
------------ ------------- ------------- -------------
Total Wholesale Sales 997 787 5,388 4,771
------------ ------------- ------------- -------------
Total Energy Sales 1,622 1,448 8,875 8,336
============ ============= ============= =============
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 0 0 2,162 2,216
============ ======== ========== ==========
CDD 306 431 447 560
============ ======== ========== ==========
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SIGNATURES
----------
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
PNM RESOURCES, INC.
-------------------------------------------
(Registrant)
Date: July 22, 2003 /s/ Robin A. Lumney
-------------------------------------------
Robin A. Lumney
Vice President, Controller
and Chief Accounting Officer
(Officer duly authorized to sign this report)
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