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) January 15, 2004
--------------------------
(December 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 select Comparative Operating Statistics
for the months of December 2003 and 2002 and the twelve months ended December
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 Twelve Months Ended
December 31, December 31,
--------------------- ---------------------
2003 2002 2003 2002
---------- ---------- ---------- ----------
Electric Service:
Energy Sales - MWh (in thousands)
Retail 618 625 7,379 7,433
Wholesale
Long Term Sales 284 66 2,720 844
Forward Sales 273 97 3,597 1,337
Short Term Sales 456 587 5,531 7,269
---------- ---------- ---------- ----------
Total Wholesale Sales 1,013 750 11,848 9,450
---------- ---------- ---------- ----------
Total Energy Sales 1,631 1,375 19,227 16,883
========== ========== ========== ==========
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 852 874 3,692 3,945
======== ======== ======== ========
CDD 0 0 1,671 1,537
======== ======== ======== ========
2
SIGNATURES
----------
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
------------------------------------------------
(Registrant)
Date: January 15, 2004 /s/ Thomas Sategna
------------------------------------------------
Thomas Sategna
Vice President and Corporate Controller
(Officer duly authorized to sign this report)
3