PNM Resources, Inc. (PNM) is a publicly traded company in the Utilities sector, operating within the Regulated Electric industry. The company is headquartered in Albuquerque, NM, United States. The current CEO is Patricia K. Vincent-Collawn.
PNM has IPO date of 1984-08-10, 1,635 full-time employees, listed on the NYSE, a market capitalization of $3.77B.
PNM Resources, Inc. is a utility holding company that generates, transmits, and distributes electricity across New Mexico and Texas through two primary operating segments: Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP). The company operates a diversified generation fleet powered by coal, natural gas, nuclear, solar, wind, and geothermal sources, with total net generation capacity of 2,168 megawatts and extensive transmission and distribution infrastructure serving approximately 806,000 residential, commercial, and industrial customers. PNM's operations include over 3,400 miles of transmission lines and more than 11,500 miles of distribution lines, supported by 363 substations across its service territories. Founded in 1882 and headquartered in Albuquerque, New Mexico, PNM Resources operates as a regulated utility provider delivering essential electricity services to the Southwest region.
