Form 8-K

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)

 December 17, 2004

(November 30, 2004)


 

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)
 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)

[ ]  Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c)


Item  7.01                     Regulation FD Disclosure

The Company is filing in this Form 8-K select Comparative Operating Statistics for the months of November 2004 and 2003 and the eleven months ended November 30, 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

Eleven Months Ended

November 30,

November 30,

2004

2003

2004

2003

Electric Service:

Energy Sales - MWh (in thousands)

Retail

576

574

6,842

6,706

Wholesale

Long Term Sales

235

220

2,688

2,231

Forward Sales

92

345

2,927

3,324

Short Term Sales

441

424

5,608

5,334

Total Wholesale Sales

768

989

11,223

10,889

Total Energy Sales

1,344

1,563

18,065

17,595
             

Forward sales, by their nature, are entered into prior to the month in which they are reported.  The decrease in Forward sales volume for November 2004 from 2003 is attributed to a decrease in anticipated excess energy available for sale.  More favorable opportunities in the Short-Term sales market further reduced Forward sales volume.

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 Fahrenheit.  The cooling degree-day value (CDD) is the accumulation in degrees that the daily mean temperature was above 65 degrees Fahrenheit.

 

 

HDD

601

570

  

3,182

  

2,840
         

CDD

0

0

  

1,304

  

1,671

SIGNATURE

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

(Registrants)
 

Date:  December 17, 2004

/s/ Thomas G. Sategna

Thomas G. Sategna

Vice President and Corporate Controller

(Officer duly authorized to sign this report)