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 Ratings3.1

Latest Updates

Employees (est.) (Dec 2018)1,692
Job Openings9
Revenue (FY, 2018)$1.4 B(+6%)
Share Price (Jun 2019)$49.7

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 and Chief Financial Officer
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, Human Resources
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PNM Resources Office Locations

PNM Resources has an office in Albuquerque
Albuquerque, US (HQ)
414 Silver Ave SW
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PNM Resources Financials and Metrics

PNM Resources Revenue

PNM Resources's revenue was reported to be $1.44 b in FY, 2018
USD

Revenue (Q1, 2019)

349.6m

Net income (Q1, 2019)

21.7m

EBIT (Q1, 2019)

36.7m

Market capitalization (10-Jun-2019)

4.0b

Closing stock price (10-Jun-2019)

49.7

Cash (31-Mar-2019)

180.1m
PNM Resources's current market capitalization is $4 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.4b1.4b1.4b1.4b1.4b

Revenue growth, %

3%0%(5%)

General and administrative expense

179.2m179.1m191.5m186.3m188.5m

Operating expense total

1.1b1.3b1.1b1.1b1.2b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

317.9m352.3m422.7m349.6m

General and administrative expense

43.9m45.2m42.2m43.9m39.9m46.4m47.1m45.2m46.9m47.5m45.1m46.3m48.3m43.4m50.0m52.3m

Operating expense total

280.1m274.9m297.2m283.3m280.5m295.9m269.5m250.6m292.3m274.2m277.2m277.4m271.7m273.0m294.7m312.9m

Depreciation and amortization

42.0m42.2m44.3m46.0m47.5m49.8m51.0m53.0m56.4m57.6m58.8m58.7m60.1m61.6m65.4m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

2.5m28.3m46.1m4.5m4.0m2.1m

Accounts Receivable

53.9m39.9m28.6m28.2m

Inventories

Current Assets

401.5m432.8m385.6m378.0m294.4m302.5m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

33.4m27.2m12.1m28.4m122.4m6.4m26.9m3.9m4.9m7.7m2.3m2.2m43.1m3.8m4.9m35.0m180.1m

Accounts Receivable

53.7m41.5m92.2m39.1m37.9m30.0m22.2m22.3m17.1m17.7m27.1m25.3m16.6m

Current Assets

400.5m401.0m446.8m466.3m503.7m410.1m408.0m357.0m408.9m398.9m326.8m353.6m374.5m277.3m331.2m363.9m457.1m

PP&E

3.8b4.0b4.0b4.1b4.3b4.4b4.6b4.7b4.8b4.8b5.0b5.0b5.1b5.0b5.1b5.2b5.3b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

115.6m130.9m31.1m131.9m95.4m101.3m

Depreciation and Amortization

208.2m172.6m222.9m242.0m268.2m275.6m

Inventories

Accounts Payable

4.5m(2.3m)(32.3m)3.2m14.5m(20.7m)
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

16.1m49.3m108.8m17.9m53.5m118.4m14.0m44.9m103.5m26.4m67.7m146.0m18.8m61.2m152.8m21.7m

Depreciation and Amortization

51.9m103.4m157.7m45.5m108.9m165.6m58.6m116.8m178.1m65.9m131.9m200.3m67.7m137.0m207.4m73.9m

Inventories

(8.3m)(8.7m)3.8m

Accounts Payable

(34.4m)(29.4m)79.0k(20.8m)1.3m2.0m(4.0m)6.2m(3.9m)(2.1m)3.7m(27.0m)(21.2m)(32.6m)(7.6m)
USDY, 2019

Financial Leverage

4.1 x
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PNM Resources Online and Social Media Presence

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PNM Resources News and Updates

PNM Resources CEO Recognized with EEI's Distinguished Leadership Award

ALBUQUERQUE, N.M., Sept. 5, 2019 /PRNewswire/ -- PNM Resources, Inc. (NYSE: PNM) Chairman, President and CEO, Pat Vincent-Collawn, was awarded the Edison Electric Institute's (EEI's) Distinguished Leadership Award by her peers for her years of significant contributions and her ongoing...

PNM Resources Management to Meet with Investors 2019 ongoing earnings guidance to be affirmed during meetings

ALBUQUERQUE, N.M., Aug. 12, 2019 /PRNewswire/ -- PNM Resources (NYSE: PNM) management will meet with analysts and investors this week in New York and Atlanta. During the meetings, management is expected to affirm the company's 2019 consolidated earnings guidance of $2.05 to $2.11 per...

PNM Resources to Announce 2019 Second Quarter Earnings on August 2

ALBUQUERQUE, N.M., July 15, 2019 /PRNewswire/ -- PNM Resources (NYSE: PNM) will announce 2019 second quarter financial results prior to the market opening on Friday, August 2, 2019. The earnings news release will be issued at 6:30 a.m. Eastern and also will be posted on the company's...

PNM Resources Revises 2019 Earnings Guidance, Management to Meet with Investors

ALBUQUERQUE, July 12, 2019 /PRNewswire/ -- PNM Resources (NYSE: PNM) today revised its 2019 consolidated ongoing earnings guidance (a non-GAAP financial measure) driven by substantially milder temperatures in New Mexico during the second quarter. The PNM service territory experienced its...

PNM Resources Reports First Quarter Results

ALBUQUERQUE, N.M., May 7, 2019 /PRNewswire/ -- PNM Resources (In millions, except EPS) Q1 2019 Q1 2018 GAAP net earnings attributable to PNM Resources $18.7 $15.0 GAAP diluted EPS $0.23 $0.19 Ongoing net earnings $10.8 $16.5 Ongoing diluted EPS $0.13 $0.21 PNM Resources (NYSE: PNM) today...

PNM Resources to Announce 2019 First Quarter Earnings on May 7

ALBUQUERQUE, N.M., April 16, 2019 /PRNewswire/ -- PNM Resources (NYSE: PNM) will announce 2019 first quarter financial results prior to the market opening on Tuesday, May 7, 2019. The earnings news release will be issued at 6:30 a.m. Eastern and also will be posted on the company's...
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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 1,692 employees.

  • What is PNM Resources revenue?

    Latest PNM Resources annual revenue is $1.4 b.

  • What is PNM Resources revenue per employee?

    Latest PNM Resources revenue per employee is $849.1 k.

  • Who are PNM Resources competitors?

    Competitors of PNM Resources include Southwest Gas, Xcel Energy and CEZ Group.

  • Where is PNM Resources headquarters?

    PNM Resources headquarters is located at 414 Silver Ave SW, 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.