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PNM Resources Inc

PNM.N

Latest Trade

46.19USD

Change

0.26(+0.57%)

Volume

149,308

Today's Range

45.84

 - 

46.23

52 Week Range

43.86

 - 

50.11

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
45.93
Open
45.96
Volume
149,308
3M AVG Volume
18.90
Today's High
46.23
Today's Low
45.84
52 Week High
50.11
52 Week Low
43.86
Shares Out (MIL)
85.83
Market Cap (MIL)
3,964.71
Forward P/E
19.28
Dividend (Yield %)
2.84

Next Event

Full Year 2022 PNM Resources Inc Guidance Call

Latest Developments

More

Iberdrola: Avangrid And PNM Agree To Extend Longstop Date Of Merger Agreement Until April 20,2023

PNM Resources Merger Agreement Extended And Appeal Filed, Financial Update With Earnings Guidance Scheduled For February 3

PNM Resources Reports Q3 Results

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About PNM Resources Inc

PNM Resources, Inc. (PNMR) is an investor-owned holding company with two regulated utilities providing electricity and electric services in New Mexico and Texas. The Company's electric utilities are Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP). Its segments include PNM, and TNMP. PNM segment provides integrated electricity services that include the generation, transmission, and distribution of electricity for retail electric customers in New Mexico. PNM segment also includes the generation and sale of electricity into the wholesale market, as well as providing transmission services to third parties. TNMP segment provides transmission and distribution services at regulated rates to various retail electricity providers (REPs) that, in turn, provide retail electric service to consumers within TNMP’s service area. TNMP also provides transmission services at regulated rates to other utilities that interconnect with TNMP’s facilities.

Industry

Electric Utilities

Contact Info

414 Silver Ave SW

ALBUQUERQUE, NM

87102-3289

United States

+1.505.2412700

https://www.pnmresources.com/

Executive Leadership

Patricia K. Vincent Collawn

Chairman of the Board, President, Chief Executive Officer

Joseph Don Tarry

Chief Financial Officer, Senior Vice President

Charles N. Eldred

Executive Vice President - Corporate Development and Finance

Patrick V. Apodaca

Senior Vice President, General Counsel, Secretary

Ronald N. Darnell

Senior Vice President - Public Policy

Key Stats

2.71 mean rating - 7 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2018

1.4K

2019

1.5K

2020

1.5K

2021(E)

1.6K
EPS (USD)

2018

2.000

2019

2.160

2020

2.280

2021(E)

2.395
Price To Earnings (TTM)
20.51
Price To Sales (TTM)
2.33
Price To Book (MRQ)
1.85
Price To Cash Flow (TTM)
7.51
Total Debt To Equity (MRQ)
163.98
LT Debt To Equity (MRQ)
158.24
Return on Investment (TTM)
2.94
Return on Equity (TTM)
2.60

Latest News

Latest News

Iberdrola extends deadline on $8 billion PNM Resources deal to 2023

Iberdrola's U.S. unit Avangrid has agreed to extend the deadline to close an $8 billion planned takeover of rival PNM Resources to April 20, 2023, after a New Mexico regulator blocked the deal last month, the Spanish company said on Tuesday in a filing to the local stock...

Iberdrola evaluates next steps after $8 billion PNM takeover is blocked

Power company Iberdrola's U.S. unit Avangrid will evaluate its next steps after a New Mexico regulator blocked its planned takeover of rival PNM Resources, the Spanish group said on Friday.

New Mexico regulators deny Avangrid bid for PNM Resources

New Mexico utility regulators on Wednesday voted to reject Avangrid Inc's proposed $8 billion acquisition of PNM Resources Inc, saying the deal's risks outweighed its promised benefits to state ratepayers.

New Mexico regulators vote against Avangrid bid for PNM Resources

New Mexico utility regulators on Wednesday voted to reject Avangrid Inc's proposed $8 billion acquisition of PNM Resources Inc.

Iberdrola, PNM to create $20 billion U.S. clean powerhouse

Spain's Iberdrola <IBE.MC> announced a deal worth $8.3 billion including debt on Wednesday, adding PNM Resources <PNM.N> to its Avangrid <AGR.N> business to create the third-largest U.S. renewable energy operator.

Exclusive: Iberdrola's Avangrid in talks to buy U.S. utility PNM Resources - sources

Avangrid Inc <AGR.N>, the U.S. power utility that is controlled by Spain's Iberdrola SA <IBE.MC>, is in talks to acquire PNM Resources Inc <PNM.N>, a peer active in New Mexico and Texas that is worth more than $6 billion, including debt, people familiar with the matter said...

BRIEF-Pnm Resources Announces Continued Progress in Energy Portfolio Transition

* PNM RESOURCES INC - NEW MEXICO PUBLIC REGULATION COMMISSION APPROVED ORDER FOR ABANDONMENT AND SECURITIZATION OF SAN JUAN GENERATING STATION Source text for Eikon: Further company coverage:

BRIEF-Pnm Resources Affirms 2020 Outlook Of $2.16 To $2.26 Per Share

* PNM RESOURCES INC - AFFIRMS CO'S 2020 CONSOLIDATED EARNINGS GUIDANCE OF $2.16 TO $2.26 PER SHARE BASED ON CURRENT ENVIRONMENT

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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