Detail akcie PNM Resources online

Business Summary: PNM Resources, Inc. is a holding company, which provides electric service to consumers in Texas-New Mexico Power Company’s (TNMP). service territories. The Company with its two regulated utilities serving approximately 824,000 residential, commercial, and industrial customers and end users of electricity in New Mexico and Texas. The Company’s electric utilities are Public Service Company of New Mexico (PNM), and TNMP. PNM is an electric utility, which provides electric generation, transmission, and distribution service to its rate-regulated customers. PNM’s retail electric service territory covers an area of north-central New Mexico, including the cities of Albuquerque, Rio Rancho and Santa Fe, and certain areas of southern New Mexico. Other services provided by PNM include wholesale transmission services to third parties. Other services provided by PNM include wholesale transmission services to third parties. TNMP provides transmission and distribution services in Texas.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, PNM Resources Inc revenues decreased 14% to $1.94B. Net income applicable to common stockholders decreased 48% to $87.8M. Revenues reflect PNM Electric segment decrease of 21% to $1.4B. Net income also reflects PNM Electric segment income decrease of 68% to $83.2M. Dividend per share increased from $1.39 to $1.47. Basic Earnings per Share excluding Extraordinary Items decreased from $1.97 to $1.02.