PNM Resources Inc (NYSE:PNM)

25.94
Data as of Aug 19
 +0.39 / +1.53%
Today’s Change
21.11
Today|||52-Week Range
29.94
+7.55%
Year-to-Date
SECTOR
Utilities
INDUSTRY
Electric Utilities
MARKET CAP
$2.1B

Company Description

PNM Resources, Inc. is an investor-owned holding company which provides electricity and energy efficiency products and services in New Mexico and Texas. The company operates through its two regulated utilities: Public Service Company of New Mexico and Texas-New Mexico Power Company. The Public Service Company of New Mexico utility provides electric generation, transmission, and distribution service to its rate-regulated customers. It also provides transmission services to third parties as well as the generation and sale of electricity into the wholesale market. The Texas-New Mexico Power Company utility provides transmission and distribution services in Texas. PNM Resources was founded in 2000 and is headquartered in Albuquerque, NM.

Contact Information

PNM Resources, Inc.
Conference Center
Albuquerque New Mexico 87102-3289
P:(505) 241-2700
Investor Relations:
(505) 241-2892

Employees

Shareholders

Mutual fund holders56.47%
Other institutional31.76%
Individual stakeholders1.26%

Top Executives

Patricia K. CollawnChairman, President & Chief Executive Officer
Ronald E. TalbotChief Operating Officer & Senior Vice President
Charles N. EldredChief Financial Officer & Executive Vice President
Patrick V. ApodacaSecretary, Senior Vice President & General Counsel
Thomas G. SategnaChief Accounting Officer, VP & Controller

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