as 07-26-2024 4:00pm EST
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.
Upcoming Earnings Alert:
Get ready for potential market movements as PNM Resources Inc. (Holding Co.) PNM prepares to release earnings report on 31 Jul 2024.
Founded: | 1917 | Country: | United States |
Employees: | N/A | City: | ALBUQUERQUE |
Market Cap: | 3.2B | IPO Year: | N/A |
Target Price: | $43.75 | AVG Volume (30 days): | 706.7K |
Analyst Decision: | Hold | Number of Analysts: | 4 |
Dividend Yield: | Dividend Payout Frequency: | Quarterly | |
EPS: | 0.91 | EPS Growth: | -62.55 |
52 Week Low/High: | $34.63 - $45.27 | Next Earning Date: | 07-31-2024 |
Revenue: | $1,831,998,000 | Revenue Growth: | -22.03% |
Revenue Growth (this year): | 8.7% | Revenue Growth (next year): | 6.12% |
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