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PNM

PNM Resources Inc. (Holding Co.)

Logo PNM Resources Inc. (Holding Co.)

Utilities

Electric Utilities: Central

Nasdaq

as 04-16-2024 4:00pm EST

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PNM Resources Inc, or PNMR, is a holding company that owns regulated utility companies providing electricity and electric services. PNMR segments its operations by its two subsidiaries, PNM and TNMP. PNM provides electric generation, transmission, and distribution services mainly to areas of New Mexico. While PNM uses a variety of fuel sources across its power plant portfolio, its coal and gas-fueled sites produce energy. TNMP owns and operates transmission and distribution services in small to medium-sized communities in Texas. Both subsidiaries generate revenue for PNMR through the sale of electricity and transmission service fees fairly evenly split between residential and commercial customers.

Founded: 1917 Country:
United States
United States
Employees: N/A City: ALBUQUERQUE
Market Cap: 3.3B IPO Year: N/A
Target Price: $45.00 AVG Volume (30 days): 1.2M
Analyst Decision: Hold Number of Analysts: 3
Dividend Yield: 4.31% Dividend Payout Frequency: Quarterly
EPS: 1.02 EPS Growth: -48.22
52 Week Low/High: $34.63 - $49.08 Next Earning Date: 04-30-2024
Revenue: $1,939,198,000 Revenue Growth: -13.80%
Revenue Growth (this year): 17.78% Revenue Growth (next year): 7.05%

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