<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001674431</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0001108426</issuerCik>
      <issuerName>TXNM ENERGY INC</issuerName>
      <secFileNumber>001-32462</secFileNumber>
      <issuerAddress>
        <com:street1>414 SILVER AVE. SW</com:street1>
        <com:city>ALBUQUERQUE</com:city>
        <com:stateOrCountry>NM</com:stateOrCountry>
        <com:zipCode>87102-3289</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>5052412700</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>BECKER NORMAN P.</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Director</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Charles Schwab Corp.</name>
        <address>
          <com:street1>3000 Schwab Way</com:street1>
          <com:city>Westlake</com:city>
          <com:stateOrCountry>TX</com:stateOrCountry>
          <com:zipCode>76262</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>3750</noOfUnitsSold>
      <aggregateMarketValue>181313.00</aggregateMarketValue>
      <noOfUnitsOutstanding>90200384</noOfUnitsOutstanding>
      <approxSaleDate>11/21/2024</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>06/05/2017</acquiredDate>
      <natureOfAcquisitionTransaction>Open Market Purchase</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Market</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>2500</amountOfSecuritiesAcquired>
      <paymentDate>06/05/2017</paymentDate>
      <natureOfPayment>Broker Check</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>05/08/2018</acquiredDate>
      <natureOfAcquisitionTransaction>Open Market Purchase</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Market</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>1250</amountOfSecuritiesAcquired>
      <paymentDate>05/08/2018</paymentDate>
      <natureOfPayment>Broker Check</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <remarks>Norman Becker Trustee, Norman P Becker &amp; Janet R Garcia-Becker Revocable Trust</remarks>
    <noticeSignature>
      <noticeDate>11/21/2024</noticeDate>
      <signature>Norman P Becker</signature>
    </noticeSignature>
  </formData>
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144
0001674431
XXXXXXXX
LIVE
0001108426
TXNM ENERGY INC
001-32462
414 SILVER AVE. SW
ALBUQUERQUE
NM
87102-3289
5052412700
BECKER NORMAN P.
Director
Common
Charles Schwab Corp.
3000 Schwab Way
Westlake
TX
76262
3750
181313.00
90200384
11/21/2024
NYSE
Common
06/05/2017
Open Market Purchase
Market
N
2500
06/05/2017
Broker Check
Common
05/08/2018
Open Market Purchase
Market
N
1250
05/08/2018
Broker Check
Y
Norman Becker Trustee, Norman P Becker & Janet R Garcia-Becker Revocable Trust
11/21/2024
Norman P Becker