PNM Resources, Inc. is an investor-owned energy holding company based in Albuquerque, New Mexico. It provides electricity and electric services in New Mexico and Texas through its two utilities, PNM and TNMP. PNM and TNMP have approximately 2,661 megawatts of generation capacity and serve electricity to more than 781,000 homes and businesses in New Mexico and Texas. PNM Resources has a…More solid reputation for shareholder value, customer satisfaction and service reliability. It is publicly traded on the New York Stock Exchange as PNM. In 2018, consolidated operating revenues totaled $1.4 billion.