OverviewSuggest Edit

PNM Resources engages in the energy and energy-related businesses. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment is primarily involved in the generation, transmission, and distribution of electricity. It generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. The TNMP segment provides regulated transmission and distribution services.

TypePublic
Founded1917
HQAlbuquerque, US
Websitepnmresources.com
Employee Ratings3

Latest Updates

Employees (est.) (Dec 2019)1,668(-1%)
Job Openings13
Revenue (FY, 2019)$1.5 B(+2%)
Share Price (Sept 2020)$39.5 (-3%)
Cybersecurity ratingBMore

Key People/Management at PNM Resources

Patricia K. Collawn

Patricia K. Collawn

Chairman, President and Chief Executive Officer
Charles Eldred

Charles Eldred

Executive Vice President, Corporate Development and Finance
Patrick Apodaca

Patrick Apodaca

Senior Vice President and General Counsel
Ron Darnell

Ron Darnell

Senior Vice President, Public Policy
Chris Olson

Chris Olson

Senior Vice President, Utility Operations
Lisa Eden

Lisa Eden

Vice President and Chief Information Officer
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PNM Resources Office Locations

PNM Resources has an office in Albuquerque
Albuquerque, US (HQ)
Main St
Albuquerque, US
414 Silver Ave SW
Show all (2)

PNM Resources Financials and Metrics

PNM Resources Revenue

PNM Resources's revenue was reported to be $1.46 b in FY, 2019
USD

Revenue (Q2, 2020)

357.6m

Net income (Q2, 2020)

61.6m

EBIT (Q2, 2020)

71.2m

Market capitalization (23-Sept-2020)

3.1b

Closing stock price (23-Sept-2020)

39.5

Cash (30-Jun-2020)

2.8m

EV

6.7b
PNM Resources's current market capitalization is $3.1 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.4b1.5b

Revenue growth, %

3%0%(5%)

General and administrative expense

264.6m157.2m169.3m179.2m171.1m179.1m191.5m186.3m188.5m189.2m

Operating expense total

264.6m157.2m169.3m179.2m171.1m179.1m191.5m186.3m188.5m189.2m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

317.9m352.3m422.7m349.6m330.2m433.6m333.6m357.6m

General and administrative expense

62.4m71.2m58.5m68.8m69.8m44.8m45.3m44.7m43.1m46.9m43.9m45.2m42.2m43.9m39.9m46.4m47.1m45.2m46.9m47.5m45.1m46.3m48.3m43.4m50.0m52.3m42.8m47.6m46.0m50.5m

Operating expense total

62.4m71.2m58.5m68.8m69.8m44.8m45.3m44.7m43.1m46.9m43.9m45.2m42.2m43.9m39.9m46.4m47.1m45.2m292.3m47.5m45.1m46.3m48.3m43.4m50.0m52.3m42.8m47.6m46.0m50.5m

Depreciation and amortization

42.7m42.0m42.2m44.3m45.5m46.0m47.5m49.8m51.0m53.0m56.4m57.6m58.8m58.7m
USDQ2, 2010

Debt/Equity

0.9 x

Debt/Assets

0.3 x

Financial Leverage

2.9 x
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PNM Resources Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

PNM Resources Online and Social Media Presence

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PNM Resources News and Updates

PNM Resources Reports Second Quarter Results

ALBUQUERQUE, N.M., July 31, 2020 /PRNewswire/ -- PNM Resources (In millions, except EPS) Q2 2020 Q2 2019 YTD 2020 YTD 2019 GAAP net earnings (loss) attributable to PNM Resources $57.5 ($75.9) $42.2 ($57.2) GAAP diluted EPS $0.72 ($0.95) $0.53 ($0.72) Ongoing net earnings $44.1 $30.2 $58.3...

PNM Resources Advances Strategic Initiative Aligned with Environmental, Social, Governance (ESG) Principles Plans Highlight the Need for Resilient Infrastructure to Support Clean Energy

ALBUQUERQUE, N.M., July 22, 2020 /PRNewswire/ -- PNM Resources (NYSE: PNM) today announces the advancement of its strategic initiative to strengthen its sustainability efforts in support of environmental, social and governance principles. The initiative builds upon numerous achievements...

PNM Resources Affirms 2020 Ongoing Earnings Guidance, Discusses COVID-19, Regulatory and Economic Development Updates

ALBUQUERQUE, N.M., June 1, 2020 /PRNewswire/ -- PNM Resources (NYSE: PNM) management will meet with analysts and investors virtually this week. During the meetings, management is expected to discuss COVID-19, regulatory and economic development updates, including: 2020 ongoing earnings...

PNM Resources Management to Meet with Investors, Discuss COVID-19 Impacts

ALBUQUERQUE, N.M., March 30, 2020 /PRNewswire/ -- PNM Resources (NYSE: PNM) management will meet with analysts virtually today as part of the Mizuho Energy Summit. During the meetings, management is expected to discuss potential impacts from COVID-19 under different stages and affirm the...

PNM Resources to Announce 2019 Fourth Quarter and Year-End Earnings on February 28

ALBUQUERQUE, N.M., Feb. 7, 2020 /PRNewswire/ -- PNM Resources (NYSE: PNM) will announce 2019 fourth quarter and year-end financial results prior to the market opening on Friday, February 28, 2020. The earnings news release will be issued at 6:30 a.m. Eastern and also will be posted on the...

PNM Resources Announces CFO, Other Finance Leadership Changes

ALBUQUERQUE, N.M., Jan. 22, 2020 /PRNewswire/ -- PNM Resources, Inc. (NYSE: PNM) announced that Chuck Eldred, currently Executive Vice President and Chief Financial Officer, has been named Executive Vice President, Corporate Development and Finance. His role is focused on achieving the...
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PNM Resources Frequently Asked Questions

  • When was PNM Resources founded?

    PNM Resources was founded in 1917.

  • Who are PNM Resources key executives?

    PNM Resources's key executives are Patricia K. Collawn, Charles Eldred and Patrick Apodaca.

  • How many employees does PNM Resources have?

    PNM Resources has 1,668 employees.

  • What is PNM Resources revenue?

    Latest PNM Resources annual revenue is $1.5 b.

  • What is PNM Resources revenue per employee?

    Latest PNM Resources revenue per employee is $873.9 k.

  • Who are PNM Resources competitors?

    Competitors of PNM Resources include Austin Energy, CPS Energy and ENGIE.

  • Where is PNM Resources headquarters?

    PNM Resources headquarters is located at Main St, Albuquerque.

  • Where are PNM Resources offices?

    PNM Resources has an office in Albuquerque.

  • How many offices does PNM Resources have?

    PNM Resources has 2 offices.