PNM Resources Inc
(NYSE: PNM)
-0.42
-1.81%
| Exchange: | NYSE |
| Stock: | PNM Resources Inc |
| Industry: | Diversified Utilities |
| Employees: | 1,909 |
| PNM Resources, Inc. (PNMR) is an investor-owned holding company of energy and energy-related businesses. As of December 31, 2011, PNMR’s primary subsidiaries are Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP). PNM is a public utility with regulated operations engaged in the generation, transmission, and distribution of electricity. TNMP is a wholly owned subsidiary of TNP Enterprises, Inc. and Subsidiaries (TNP), which is a holding company that is wholly owned by PNMR. TNMP provides regulated transmission and distribution services in Texas. PNMR owns 50% of Optim Energy, which is focused on unregulated electric operations, principally within the areas of Texas covered by Electric Reliability Council of Texas (ERCOT). In November 1, 2011, PNMR sold First Choice Power. In April 2013, PNMR, through its PNM unit, acquired the entire share capital of Delta Person LP. |
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations data provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.
Japanese stock price data provided by Nomura Research Institute Ltd.; quotes delayed 20 minutes. Canadian fund data provided by CANNEX Financial Exchanges Ltd.
