PNM Resources Inc (NYSE:PNM)

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23.23 +0.30 / +1.31%
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23.23 0.00 / 0.00%
 
Volume: 9,000.00
SECTOR
Utilities
INDUSTRY
Electric Utilities
MARKET CAP
$1.8B

Company Description

PNM Resources, Inc. operates as a holding company, which engages in the generation, transmission and distribution of electricity. The company operates through three segments: Public Service Company Electric, Texas-New Mexico Power Company Electric and Optim Energy. The Public Service Company Electric segment provides integrated electricity services that generate, transmit and distribute electricity for retail electric customers in New Mexico. The Texas-New Mexico Power Company Electric segment provides regulated transmission and distribution services in Texas. The Optim Energy segment engages in the development, operation and ownership of diverse generation assets, complemented by wholesale marketing to optimize those assets. The company was founded in 1917 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) 241-2227

Employees

Shareholders

Mutual fund holders57.71%
Other institutional30.62%
Individual stakeholders1.22%

Top Executives

Patricia K. Vincent-Collawn, MBAChairman, President & Chief Executive Officer
Ronald E. TalbotChief Operating Officer & Senior Vice President
Charles N. Eldred, MBAChief Financial Officer & Executive Vice President
Patrick V. ApodacaSecretary, Senior Vice President & General Counsel
Terry R. Horn, MBATreasurer & Vice President

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