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PNM Resources

PNM Resources
1917 FOUNDED
PUBLIC STATUS
1K-5K EMPLOYEES
PNM STOCK SYMBOL
7 INVESTMENTS
$47.87 SHARE PRICE (As of Wednesday Closing)
Description

PNM Resources Inc, or PNMR, is a holding company that owns regulated utilities 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 most of the energy. TNMP owns and operates transmission and distribution services primarily 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. PNM generates the vast majority of PNMR's total revenue.

Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Electric Utilities
Stock Exchange
NYS
Primary Office
  • 414 Silver Avenue Southwest
  • Suite 4
  • Albuquerque, NM 87102
  • United States

+1 (505) 000-0000
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PNM Resources Stock Performance

52 wk Range Market Cap Prev. Close EPS Average Volume Shares
$34.95 - $48.35 $3.81B $47.34 $1.12 429K 79.7M

PNM Resources Financials Summary

In Thousands,
USD
TTM
31-Mar-2019
FY 2018
31-Dec-2018
FY 2017
31-Dec-2017
FY 2016
31-Dec-2016
Enterprise Value 6,761,962 6,101,291 5,989,257 5,123,081
Revenue 1,468,380 1,436,613 1,445,003 1,362,951
EBITDA 504,986 496,402 605,662 543,547
Net Income 89,880 86,170 80,402 117,377
Total Assets 7,250,758 6,865,551 6,646,103 6,471,080
Total Debt 3,168,041 2,906,011 2,743,045 2,679,812
Public Fundamental Data provided by Morningstar, Inc. disclaimer

PNM Resources Competitors (5)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
El Paso Electric Corporation El Paso, TX 0000
00000000 000000000 Corporation Rosemead, CA 00000
0000000 Corporation New Orleans, LA 00000
00000 000000 Corporate Backed or Acquired Richardson, TX 00 000000&0
00&0 Corporation Sacramento, CA 00000 0000000000
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PNM Resources Investments & Acquisitions (7)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00 000000000 00000 01-Dec-2017 000000000 00.00 Alternative Energy Equipment 00000000 0000000-0000000
00 000000000 00000 22-Sep-2017 00000 0000000 000.00 Alternative Energy Equipment 00000000 0000000-0000000
00000000000 000000 01-Jan-2009 000000000 00000 00 00000 Electric Utilities 0000000 000000
00000 000000 01-Jan-2007 00000000 00000000 Energy Production
Twin Oaks Power 18-Apr-2006 Corporate Asset Purchase 00000 Other Energy 0000000 000000
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PNM Resources Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000 000000 01-Jan-2007 00000000 00000000 Completed
  • 2 buyers
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PNM Resources Subsidiaries (2)

Company Name Industry Location Founded
PNM Resources Foundation Foundation Albuquerque, NM 1983
000 000000000 0000 Corporate Pension Albuquerque, NM
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PNM Resources Executive Team (9)

Name Title Board
Seat
Contact
Info
Patricia Vincent-Collawn President, Chief Executive Officer and Chairman
Charles Eldred Chief Financial Officer & Executive Vice President
Ed Jeung Director, Trust, Investments, & Treasury
Douglas Hobbs Senior Vice President, Customer & Delivery Services
Chris Olson Senior Vice President, Utility Operations

3 Former Executives

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