About
About PNM Resources Inc
PNM Resources, Inc., through its subsidiaries, provides electricity and electric services in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment engages in the generation, transmission, and distribution of electricity. The segment owns and leases communications, office and other equipment, office space, vehicles, and real estate. It generates electricity using coal, natural gas and oil, and nuclear fuel and waste, as well as solar, wind, geothermal, and battery storage energy sources. The TNMP segment provides regulated transmission and distribution services. The segment also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was founded in 1882 and is based in Albuquerque, New Mexico.
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5 years, 4 months ago
PNM Resources, Inc is currently in a long term uptrend where the price is trading 0.9% above its 200 day moving average.
From a valuation standpoint, the stock is 73.0% cheaper than other stocks from the Utilities sector with a price to sales ratio of 2.6.
PNM Resources, Inc's total revenue rose by 4.4% to $359M since the same quarter in the previous year.
Its net income has dropped by 72.1% to $9M since the same quarter in the previous year.
Finally, its free cash flow fell by 239.1% to $-66M since the same quarter in the previous year.
Based on the above factors, PNM Resources, Inc gets an overall score of 3/5.