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.

HQAlbuquerque, NM, US
Employee Ratings3.4
Overall CultureC-

Latest Updates

Employees (est.) (Dec 2019)1,668(-1%)
Job Openings20
Revenue (FY, 2020)$1.5 B(+5%)
Share Price (Sept 2021)$49.5
Cybersecurity ratingCMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

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
Drake University

Drake University

Edison Electric Institute, Board of Directors, Past Chairman
Ron Darnell

Ron Darnell

Senior Vice President, Public Policy
Chris Olson

Chris Olson

Senior Vice President, Utility Operations
Show more

PNM Resources Office Locations

PNM Resources has an office in Albuquerque
Albuquerque, NM, US (HQ)
Main St
Show all (1)

PNM Resources Financials and Metrics

PNM Resources Revenue

PNM Resources's revenue was reported to be $1.52 b in FY, 2020

Revenue (Q1, 2021)


Net income (Q1, 2021)


EBIT (Q1, 2021)


Market capitalization (23-Sept-2021)


Closing stock price (23-Sept-2021)


Cash (31-Mar-2021)



PNM Resources's current market capitalization is $4.2 b.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020



Revenue growth, %


General and administrative expense


Operating expense total

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, 2020Q3, 2020Q1, 2021



General and administrative expense


Operating expense total


Depreciation and amortization

USDQ2, 2010


0.9 x


0.3 x

Financial Leverage

2.9 x
Show all financial metrics

PNM Resources Cybersecurity Score

Cybersecurity ratingPremium dataset



SecurityScorecard logo

PNM Resources Online and Social Media Presence

Embed Graph

PNM Resources Company Culture

  • Overall Culture



  • CEO Rating



  • Compensation



  • Diversity



Learn more on Comparably

PNM Resources News and Updates

PNM Resources Merger with AVANGRID Approved by Public Utility Commission of Texas

ALBUQUERQUE, N.M., May 6, 2021 /PRNewswire/ -- Today, the Public Utility Commission of Texas (PUCT) voted to approve the unanimous stipulation and agreement among parties for the merger of PNM Resources, Inc. (NYSE: PNM), including its Texas utility subsidiary, Texas-New Mexico Power...

PNM Resources to Announce 2021 First Quarter Earnings on April 30

ALBUQUERQUE, N.M., April 12, 2021 /PRNewswire/ -- PNM Resources (NYSE: PNM) will announce 2021 first quarter financial results prior to the market opening on Friday, April 30, 2021. The earnings news release will be issued at 6:30 a.m. Eastern. In light of the previously announced merger...

PNM Resources Reports 2020 Earnings Results

ALBUQUERQUE, N.M., Feb. 26, 2021 /PRNewswire/ -- 2020 GAAP earnings of $2.15 per diluted share 2020 Ongoing earnings per share of $2.28 in line with expectations Affirmed 2021 Ongoing earnings guidance range of $2.27 to $2.37 per diluted share PNM Resources (In millions, except EPS) 2020...

PNM Resources to Announce 2020 Year-End Earnings on February 26

ALBUQUERQUE, N.M., Feb. 15, 2021 /PRNewswire/ -- PNM Resources (NYSE: PNM) will announce 2020 fourth quarter and year-end financial results prior to the market opening on Friday, February 26, 2021. The earnings news release will be issued at 6:30 a.m. Eastern. In light of the previously...

PNM Resources Announces 2021 Ongoing Earnings Guidance, Affirms 2020 Ongoing Earnings Guidance

ALBUQUERQUE, N.M., Dec. 17, 2020 /PRNewswire/ -- PNM Resources (NYSE: PNM) management announces its 2021 ongoing earnings guidance of $2.27 to $2.37 per diluted share and affirms its 2020 ongoing earnings guidance per share of $2.23 to $2.31 per diluted share. Additional materials with...

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of PNM Resources, Inc. - PNM

NEW YORK, Oct. 28, 2020 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating PNM Resources, Inc. ("PNM" or the "Company") (PNM) relating to its...
Show more

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 $913.1 k.

  • Who are PNM Resources competitors?

    Competitors of PNM Resources include The Electric Power Corporation of Samoa, SMC Global Power and Edison International.

  • 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 1 office.