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) August 22, 2003
--------------------------
March 31, 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 of select comparative operating
statistics for the months of January, February and March 2003 and 2002 and the
year-to-date periods ended February and March 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
January 31,
--------------------------
2003 2002
------------ -------------
Electric Service:
Energy Sales - MWh (in thousands)
Retail 620 619
Wholesale
Long Term Sales 163 81
Forward Sales 229 50
Short Term Sales 565 591
------------ -------------
Total Wholesale Sales 957 722
------------ -------------
Total Energy Sales 1,577 1,341
============ =============
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 659 858
========== ==========
CDD 0 0
========== ==========
2
PNM Resources, Inc. and Subsidiaries
Comparative Operating Statistics
Month Ended Two Months Ended
February 28, February 28,
------------------- -------------------
2003 2002 2003 2002
--------- --------- --------- ---------
Electric Service:
Energy Sales - MWh (in thousands)
Retail 550 545 1,170 1,164
Wholesale
Long Term Sales 150 88 314 170
Forward Sales 173 99 402 148
Short Term Sales 426 586 990 1,177
--------- --------- --------- ---------
Total Wholesale Sales 749 773 1,706 1,495
--------- --------- --------- ---------
Total Energy Sales 1,299 1,318 2,876 2,659
========= ========= ========= =========
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 674 692 1,333 1,550
========= ========= ========= =========
CDD 0 0 0 0
========= ========= ========= =========
3
PNM Resources, Inc. and Subsidiaries
Comparative Operating Statistics
Month Ended Three Months Ended
March 31, March 31,
-------------------- ---------------------
2003 2002 2003 2002
--------- ---------- ---------- ----------
Electric Service:
Energy Sales - MWh (in thousands)
Retail 558 575 1,728 1,740
Wholesale
Long Term Sales 188 112 501 281
Forward Sales 186 108 588 256
Short Term Sales 440 627 1,431 1,804
--------- ---------- ---------- ----------
Total Wholesale Sales 814 847 2,520 2,341
--------- ---------- ---------- ----------
Total Energy Sales 1,372 1,422 4,248 4,081
========= ========== ========== ==========
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 535 532 1,868 2,082
========== ========= ========== ==========
CDD 0 0 0 0
========== ========= ========== ==========
4
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. AND
PUBLIC SERVICE COMPANY OF NEW MEXICO
----------------------------------------------
(Registrant)
Date: August 22, 2003 /s/ Robin A. Lumney
----------------------------------------------
Robin A. Lumney
Vice President, Controller
and Chief Accounting Officer
(Officer duly authorized to sign this report)
5