PNM Resources, Inc. Logo

PNM Resources, Inc.

PNM

(2.5)
Stock Price

41,77 USD

1.58% ROA

3.99% ROE

21.07x PER

Market Cap.

3.241.984.173,00 USD

222.16% DER

3.89% Yield

4.56% NPM

PNM Resources, Inc. Stock Analysis

PNM Resources, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

PNM Resources, Inc. Fundamental Stock Analysis
# Analysis Rating
1 Assets Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

2 Dividend Growth

With a history of consistent dividend increases over the last five years, the company has proven to be a reliable choice for investors seeking steady income.

3 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

4 ROE

ROE in an average range (7.09%) suggests satisfactory profitability and decent utilization of shareholders' equity.

5 ROA

The stock's ROA (1.58%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

6 PBV

The stock's PBV ratio (1.66x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

7 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (742) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 DER

The company has a high debt to equity ratio (222%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

9 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

10 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

11 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

PNM Resources, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

PNM Resources, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

PNM Resources, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

PNM Resources, Inc. Revenue
Year Revenue Growth
1985 749.000.000
1986 698.000.000 -7.31%
1987 689.700.000 -1.2%
1988 841.900.000 18.08%
1989 915.300.000 8.02%
1990 855.100.000 -7.04%
1991 857.200.000 0.24%
1992 852.000.000 -0.61%
1993 873.900.000 2.51%
1994 904.700.000 3.4%
1995 808.500.000 -11.9%
1996 883.300.000 8.47%
1997 1.135.300.000 22.2%
1998 1.092.500.000 -3.92%
1999 1.157.600.000 5.62%
2000 1.611.274.000 28.16%
2001 2.352.098.000 31.5%
2002 1.168.996.000 -101.21%
2003 1.455.714.000 19.7%
2004 1.603.967.000 9.24%
2005 2.076.810.000 22.77%
2006 2.471.669.000 15.98%
2007 1.914.029.000 -29.13%
2008 1.959.522.000 2.32%
2009 1.647.744.000 -18.92%
2010 1.673.517.000 1.54%
2011 1.700.619.000 1.59%
2012 1.342.403.000 -26.68%
2013 1.387.923.000 3.28%
2014 1.435.853.000 3.34%
2015 1.439.082.000 0.22%
2016 1.362.951.000 -5.59%
2017 1.445.003.000 5.68%
2018 1.436.613.000 -0.58%
2019 1.457.603.000 1.44%
2020 1.523.012.000 4.29%
2021 1.779.873.000 14.43%
2022 2.249.555.000 20.88%
2023 2.023.404.000 -11.18%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

PNM Resources, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
1985 0
1986 0 0%
1987 0 0%
1988 0 0%
1989 0 0%
1990 0 0%
1991 0 0%
1992 0 0%
1993 0 0%
1994 0 0%
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

PNM Resources, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
1985 0
1986 0 0%
1987 0 0%
1988 0 0%
1989 0 0%
1990 0 0%
1991 0 0%
1992 0 0%
1993 0 0%
1994 0 0%
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 146.231.000 100%
2003 158.706.000 7.86%
2004 165.942.000 4.36%
2005 217.983.000 23.87%
2006 276.023.000 21.03%
2007 214.588.000 -28.63%
2008 253.311.000 15.29%
2009 325.593.000 22.2%
2010 264.556.000 -23.07%
2011 279.176.000 5.24%
2012 258.865.000 -7.85%
2013 249.334.000 -3.82%
2014 237.682.000 -4.9%
2015 248.257.000 4.26%
2016 257.741.000 3.68%
2017 257.921.000 0.07%
2018 264.904.000 2.64%
2019 259.089.000 -2.24%
2020 294.277.000 11.96%
2021 311.627.000 5.57%
2022 321.833.000 3.17%
2023 233.924.000 -37.58%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

PNM Resources, Inc. EBITDA
Year EBITDA Growth
1985 749.000.000
1986 698.000.000 -7.31%
1987 689.700.000 -1.2%
1988 841.900.000 18.08%
1989 915.300.000 8.02%
1990 855.100.000 -7.04%
1991 857.200.000 0.24%
1992 852.000.000 -0.61%
1993 873.900.000 2.51%
1994 286.200.000 -205.35%
1995 216.600.000 -32.13%
1996 255.300.000 15.16%
1997 244.100.000 -4.59%
1998 252.400.000 3.29%
1999 218.900.000 -15.3%
2000 256.353.000 14.61%
2001 425.618.000 39.77%
2002 246.976.000 -72.33%
2003 284.966.000 13.33%
2004 245.731.000 -15.97%
2005 328.251.000 25.14%
2006 419.229.000 21.7%
2007 254.294.000 -64.86%
2008 31.392.000 -710.06%
2009 363.632.000 91.37%
2010 434.060.000 16.23%
2011 468.180.000 7.29%
2012 488.352.000 4.13%
2013 506.313.000 3.55%
2014 483.443.000 -4.73%
2015 535.285.000 9.68%
2016 561.334.000 4.64%
2017 585.201.000 4.08%
2018 560.263.000 -4.45%
2019 577.179.000 2.93%
2020 577.455.000 0.05%
2021 609.757.000 5.3%
2022 723.260.000 15.69%
2023 670.716.000 -7.83%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

PNM Resources, Inc. Gross Profit
Year Gross Profit Growth
1985 749.000.000
1986 698.000.000 -7.31%
1987 689.700.000 -1.2%
1988 841.900.000 18.08%
1989 915.300.000 8.02%
1990 855.100.000 -7.04%
1991 857.200.000 0.24%
1992 852.000.000 -0.61%
1993 873.900.000 2.51%
1994 634.900.000 -37.64%
1995 573.400.000 -10.73%
1996 591.400.000 3.04%
1997 608.300.000 2.78%
1998 646.700.000 5.94%
1999 957.600.000 32.47%
2000 1.471.380.000 34.92%
2001 2.199.643.000 33.11%
2002 1.019.468.000 -115.76%
2003 512.399.000 -98.96%
2004 512.628.000 0.04%
2005 636.583.000 19.47%
2006 861.710.000 26.13%
2007 591.021.000 -45.8%
2008 525.769.000 -12.41%
2009 681.216.000 22.82%
2010 713.450.000 4.52%
2011 757.154.000 5.77%
2012 757.136.000 -0%
2013 779.788.000 2.9%
2014 778.659.000 -0.14%
2015 797.681.000 2.38%
2016 836.168.000 4.6%
2017 900.074.000 7.1%
2018 887.410.000 -1.43%
2019 902.246.000 1.64%
2020 937.794.000 3.79%
2021 991.089.000 5.38%
2022 1.114.267.000 11.05%
2023 1.100.600.000 -1.24%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

PNM Resources, Inc. Net Profit
Year Net Profit Growth
1985 146.300.000
1986 151.000.000 3.11%
1987 95.400.000 -58.28%
1988 -183.500.000 151.99%
1989 82.600.000 322.15%
1990 400.000 -20550%
1991 23.000.000 98.26%
1992 -104.300.000 122.05%
1993 -61.500.000 -69.59%
1994 80.300.000 176.59%
1995 75.600.000 -6.22%
1996 72.600.000 -4.13%
1997 81.000.000 10.37%
1998 82.700.000 2.06%
1999 83.100.000 0.48%
2000 100.946.000 17.68%
2001 150.433.000 32.9%
2002 64.272.000 -134.06%
2003 95.173.000 32.47%
2004 91.866.000 -3.6%
2005 64.359.000 -42.74%
2006 121.586.000 47.07%
2007 74.874.000 -62.39%
2008 -270.644.000 127.67%
2009 124.844.000 316.79%
2010 -44.687.000 379.37%
2011 176.887.000 125.26%
2012 106.075.000 -66.76%
2013 101.035.000 -4.99%
2014 116.782.000 13.48%
2015 16.168.000 -622.3%
2016 117.377.000 86.23%
2017 80.402.000 -45.99%
2018 86.170.000 6.69%
2019 77.890.000 -10.63%
2020 173.303.000 55.06%
2021 196.357.000 11.74%
2022 170.058.000 -15.46%
2023 151.432.000 -12.3%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

PNM Resources, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1985 2
1986 2 0%
1987 1 -100%
1988 -3 150%
1989 1 300%
1990 0 0%
1991 0 0%
1992 -2 100%
1993 -1 0%
1994 1 100%
1995 1 0%
1996 1 0%
1997 1 0%
1998 1 0%
1999 1 0%
2000 2 0%
2001 3 50%
2002 1 -100%
2003 2 0%
2004 1 0%
2005 1 0%
2006 2 0%
2007 1 0%
2008 -3 100%
2009 1 400%
2010 0 0%
2011 2 100%
2012 1 0%
2013 1 0%
2014 1 0%
2015 0 0%
2016 1 100%
2017 1 0%
2018 1 0%
2019 1 0%
2020 2 100%
2021 2 0%
2022 2 -100%
2023 2 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

PNM Resources, Inc. Free Cashflow
Year Free Cashflow Growth
1994 80.500.000
1995 39.700.000 -102.77%
1996 48.100.000 17.46%
1997 77.900.000 38.25%
1998 78.000.000 0.13%
1999 119.200.000 34.56%
2000 92.637.000 -28.67%
2001 70.102.000 -32.15%
2002 -142.974.000 149.03%
2003 51.488.000 377.68%
2004 90.045.000 42.82%
2005 -11.363.000 892.44%
2006 -76.694.000 85.18%
2007 -233.411.000 67.14%
2008 -256.854.000 9.13%
2009 -200.325.000 -28.22%
2010 5.864.000 3516.18%
2011 -34.691.000 116.9%
2012 -27.560.000 -25.87%
2013 38.548.000 171.5%
2014 -45.782.000 184.2%
2015 -171.715.000 73.34%
2016 -184.622.000 6.99%
2017 24.001.000 869.23%
2018 -72.987.000 132.88%
2019 -113.110.000 35.47%
2020 -193.328.000 41.49%
2021 -387.143.000 50.06%
2022 -345.273.000 -12.13%
2023 -100.767.000 -242.64%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

PNM Resources, Inc. Operating Cashflow
Year Operating Cashflow Growth
1994 201.100.000
1995 147.100.000 -36.71%
1996 151.700.000 3.03%
1997 213.100.000 28.81%
1998 211.000.000 -1%
1999 214.500.000 1.63%
2000 239.515.000 10.44%
2001 334.946.000 28.49%
2002 97.251.000 -244.41%
2003 228.692.000 57.48%
2004 235.755.000 3%
2005 210.451.000 -12.02%
2006 244.424.000 13.9%
2007 222.533.000 -9.84%
2008 88.097.000 -152.6%
2009 87.706.000 -0.45%
2010 287.352.000 69.48%
2011 292.240.000 1.67%
2012 281.349.000 -3.87%
2013 386.587.000 27.22%
2014 414.876.000 6.82%
2015 386.874.000 -7.24%
2016 415.454.000 6.88%
2017 524.462.000 20.78%
2018 428.226.000 -22.47%
2019 503.163.000 14.89%
2020 485.700.000 -3.6%
2021 547.873.000 11.35%
2022 567.284.000 3.42%
2023 170.161.000 -233.38%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

PNM Resources, Inc. Capital Expenditure
Year Capital Expenditure Growth
1994 120.600.000
1995 107.400.000 -12.29%
1996 103.600.000 -3.67%
1997 135.200.000 23.37%
1998 133.000.000 -1.65%
1999 95.300.000 -39.56%
2000 146.878.000 35.12%
2001 264.844.000 44.54%
2002 240.225.000 -10.25%
2003 177.204.000 -35.56%
2004 145.710.000 -21.61%
2005 221.814.000 34.31%
2006 321.118.000 30.92%
2007 455.944.000 29.57%
2008 344.951.000 -32.18%
2009 288.031.000 -19.76%
2010 281.488.000 -2.32%
2011 326.931.000 13.9%
2012 308.909.000 -5.83%
2013 348.039.000 11.24%
2014 460.658.000 24.45%
2015 558.589.000 17.53%
2016 600.076.000 6.91%
2017 500.461.000 -19.9%
2018 501.213.000 0.15%
2019 616.273.000 18.67%
2020 679.028.000 9.24%
2021 935.016.000 27.38%
2022 912.557.000 -2.46%
2023 270.928.000 -236.83%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

PNM Resources, Inc. Equity
Year Equity Growth
1994 708.400.000
1995 715.600.000 1.01%
1996 767.100.000 6.71%
1997 817.200.000 6.13%
1998 874.400.000 6.54%
1999 899.900.000 2.83%
2000 937.427.000 4%
2001 897.824.000 -4.41%
2002 986.849.000 9.02%
2003 1.077.304.000 8.4%
2004 1.099.579.000 2.03%
2005 1.286.459.000 14.53%
2006 1.693.296.000 24.03%
2007 1.692.411.000 -0.05%
2008 1.646.406.000 -2.79%
2009 1.749.717.000 5.9%
2010 1.648.271.000 -6.15%
2011 1.585.514.000 -3.96%
2012 1.619.716.000 2.11%
2013 1.685.098.000 3.88%
2014 1.733.075.000 2.77%
2015 1.666.342.000 -4%
2016 1.687.481.000 1.25%
2017 1.706.782.000 1.13%
2018 1.764.123.000 3.25%
2019 1.753.279.000 -0.62%
2020 2.120.003.000 17.3%
2021 2.234.458.000 5.12%
2022 2.256.455.000 0.97%
2023 2.297.913.000 1.8%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

PNM Resources, Inc. Assets
Year Assets Growth
1994 2.203.300.000
1995 2.035.700.000 -8.23%
1996 2.230.300.000 8.73%
1997 2.313.700.000 3.6%
1998 2.576.800.000 10.21%
1999 2.723.300.000 5.38%
2000 2.894.233.000 5.91%
2001 2.807.638.000 -3.08%
2002 3.026.907.000 7.24%
2003 3.378.629.000 10.41%
2004 3.487.635.000 3.13%
2005 5.124.709.000 31.94%
2006 6.165.624.000 16.88%
2007 5.872.136.000 -5%
2008 6.147.982.000 4.49%
2009 5.359.921.000 -14.7%
2010 5.225.083.000 -2.58%
2011 5.204.613.000 -0.39%
2012 5.372.583.000 3.13%
2013 5.500.210.000 2.32%
2014 5.829.325.000 5.65%
2015 6.009.328.000 3%
2016 6.471.080.000 7.14%
2017 6.646.103.000 2.63%
2018 6.865.551.000 3.2%
2019 7.298.774.000 5.94%
2020 7.939.854.000 8.07%
2021 8.666.885.000 8.39%
2022 9.257.377.000 6.38%
2023 10.050.841.000 7.89%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

PNM Resources, Inc. Liabilities
Year Liabilities Growth
1994 1.494.900.000
1995 1.320.100.000 -13.24%
1996 1.463.200.000 9.78%
1997 1.496.500.000 2.23%
1998 1.689.000.000 11.4%
1999 1.810.600.000 6.72%
2000 1.944.595.000 6.89%
2001 1.898.162.000 -2.45%
2002 2.028.298.000 6.42%
2003 2.301.325.000 11.86%
2004 2.388.056.000 3.63%
2005 3.838.250.000 37.78%
2006 4.472.328.000 14.18%
2007 4.179.725.000 -7%
2008 4.403.070.000 5.07%
2009 3.520.845.000 -25.06%
2010 3.491.635.000 -0.84%
2011 3.536.676.000 1.27%
2012 3.672.024.000 3.69%
2013 3.738.083.000 1.77%
2014 4.022.704.000 7.08%
2015 4.271.579.000 5.83%
2016 4.714.679.000 9.4%
2017 4.873.126.000 3.25%
2018 5.101.428.000 4.48%
2019 5.545.495.000 8.01%
2020 5.819.851.000 4.71%
2021 6.432.427.000 9.52%
2022 7.000.922.000 8.12%
2023 7.752.928.000 9.7%

PNM Resources, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
24.43
Net Income per Share
1.79
Price to Earning Ratio
21.07x
Price To Sales Ratio
1.54x
POCF Ratio
5.89
PFCF Ratio
-6.97
Price to Book Ratio
1.45
EV to Sales
3.91
EV Over EBITDA
12.27
EV to Operating CashFlow
14.89
EV to FreeCashFlow
-17.68
Earnings Yield
0.05
FreeCashFlow Yield
-0.14
Market Cap
3,24 Bil.
Enterprise Value
8,23 Bil.
Graham Number
32.44
Graham NetNet
-87.12

Income Statement Metrics

Net Income per Share
1.79
Income Quality
3.2
ROE
0.07
Return On Assets
0.01
Return On Capital Employed
0.04
Net Income per EBT
0.98
EBT Per Ebit
0.28
Ebit per Revenue
0.17
Effective Tax Rate
-0.12

Margins

Sales, General, & Administrative to Revenue
0.15
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.5
Operating Profit Margin
0.17
Pretax Profit Margin
0.05
Net Profit Margin
0.05

Dividends

Dividend Yield
0.04
Dividend Yield %
3.89
Payout Ratio
0.81
Dividend Per Share
1.47

Operating Metrics

Operating Cashflow per Share
6.42
Free CashFlow per Share
-5.4
Capex to Operating CashFlow
-1.84
Capex to Revenue
-0.48
Capex to Depreciation
-2.93
Return on Invested Capital
0.04
Return on Tangible Assets
0.02
Days Sales Outstanding
47.05
Days Payables Outstanding
56.24
Days of Inventory on Hand
29.86
Receivables Turnover
7.76
Payables Turnover
6.49
Inventory Turnover
12.22
Capex per Share
-11.82

Balance Sheet

Cash per Share
0,09
Book Value per Share
26,10
Tangible Book Value per Share
23.46
Shareholders Equity per Share
26.1
Interest Debt per Share
60.01
Debt to Equity
2.22
Debt to Assets
0.5
Net Debt to EBITDA
7.44
Current Ratio
0.33
Tangible Asset Value
2,02 Bil.
Net Current Asset Value
-7,26 Bil.
Invested Capital
2.22
Working Capital
-0,99 Bil.
Intangibles to Total Assets
0.03
Average Receivables
0,25 Bil.
Average Payables
0,15 Bil.
Average Inventory
82204000
Debt to Market Cap
1.54

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

PNM Resources, Inc. Dividends
Year Dividends Growth
1973 0
1984 1 0%
1985 3 100%
1986 3 0%
1987 3 0%
1988 2 -100%
1989 0 0%
1996 0 0%
1997 1 0%
1998 1 0%
1999 1 0%
2000 1 0%
2001 1 0%
2002 1 0%
2003 1 0%
2004 1 0%
2005 1 0%
2006 1 0%
2007 1 0%
2008 1 0%
2009 1 0%
2010 1 0%
2011 1 0%
2012 1 0%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 100%
2019 1 0%
2020 1 0%
2021 1 0%
2022 1 0%
2023 1 0%

PNM Resources, Inc. Profile

About PNM Resources, Inc.

PNM Resources, Inc., through its subsidiaries, provides electricity and electric services in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment engages in the generation, transmission, and distribution of electricity. The segment generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. As of December 31, 2021, this segment had owned or leased facilities with a total net generation capacity of 2,168 megawatts; and owned 3,426 miles of electric transmission lines, 5,751 miles of distribution overhead lines, 5,765 miles of underground distribution lines, and 250 substations. The segment also owns and leases communication, office and other equipment, office space, vehicles, and real estate. The TNMP segment provides regulated transmission and distribution services. As of December 31, 2021, the segment owned 983 miles of overhead electric transmission lines, 7,297 miles of overhead distribution lines, 1,408 miles of underground distribution lines, and 113 substations. The segment also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves approximately 806,000 residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was incorporated in 1882 and is headquartered in Albuquerque, New Mexico.

CEO
Ms. Patricia K. Vincent-Collaw
Employee
1.635
Address
414 Silver Avenue SW
Albuquerque, 87102-3289

PNM Resources, Inc. Executives & BODs

PNM Resources, Inc. Executives & BODs
# Name Age
1 Mr. Patrick V. Apodaca
Senior Vice President, General Counsel & Secretary
70
2 Mr. Joseph D. Tarry
President & Chief Operating Officer
70
3 Ms. Patricia K. Vincent-Collawn
Chairman & Chief Executive Officer
70
4 Ms. Elisabeth A. Eden
Senior Vice President, Chief Financial Officer & Treasurer
70

PNM Resources, Inc. Competitors