PNM.N
Latest Trade
46.19USDChange
0.26(+0.57%)Volume
149,308Today's Range
-
46.2352 Week Range
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50.11As of on the New York Stock Exchange ∙ Minimum 15 minute delay
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 |
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
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
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 |
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...
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 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 utility regulators on Wednesday voted to reject Avangrid Inc's proposed $8 billion acquisition of PNM Resources Inc.
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.
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...
* 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:
* 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.