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Dynamic quotes 
OFFON

PNM RESOURCES, INC.

(PNM)
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Business Summary
Logo PNM Resources, Inc.
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 TNMPÔÇÖs service area. TNMP also provides transmission services at regulated rates to other utilities that interconnect with TNMPÔÇÖs facilities.

Number of employees : 1 708 people.
Sales per Business
20192020Delta
Public Service Company of New Mexico1 093.8275%1 139.8374.8% +4.21%
Texas-New Mexico Power Company363.7825%383.1825.2% +5.33%
USD in Million
Sales per region
20192020Delta
United States1 457.60100%1 523.01100% +4.49%
USD in Million
Managers
Name Title Age Since
Patricia K. Vincent-Collawn Chairman, President & Chief Executive Officer 61 2012
Joseph D. Tarry Chief Financial Officer & Senior Vice President 49 2020
Mike Mertz Chief Information Officer & Vice President - 2010
Donald K. Schwanz Independent Director 75 2008
Alan John Fohrer Independent Director 69 2012
E. Renae Conley Independent Director 62 2014
Maureen T. Mullarkey Independent Director 60 2014
Sidney McNeill Gutierrez Independent Director 68 2015
Norman Paul Becker Lead Independent Director 64 -
Vicky A. Bailey Independent Director 68 2019
Members of the board
Name Title Age Since
Patricia K. Vincent-Collawn Chairman, President & Chief Executive Officer 61 2012
Donald K. Schwanz Independent Director 75 2008
Alan John Fohrer Independent Director 69 2012
E. Renae Conley Independent Director 62 2014
Maureen T. Mullarkey Independent Director 60 2014
Sidney McNeill Gutierrez Independent Director 68 2015
Norman Paul Becker Lead Independent Director 64 -
Vicky A. Bailey Independent Director 68 2019
James Alton Hughes Independent Director 57 2019
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 85,834,874 84,775,374 98.8% 0 0.0% 98.6%
Stock B 0 115,293 0 0.0% 0 0.0%
Shareholders
NameEquities%
The Vanguard Group, Inc. 8,400,892 9.79%
Cascade Investment LLC 7,019,550 8.18%
Artisan Partners LP 3,921,200 4.57%
Millennium Management LLC 3,402,087 3.96%
Rainier Investment Management LLC 3,302,750 3.85%
Franklin Templeton Investments Corp. 3,255,220 3.79%
Magnetar Financial LLC 2,847,777 3.32%
SSgA Funds Management, Inc. 2,584,824 3.01%
Gabelli Funds LLC 2,554,948 2.98%
BlackRock Fund Advisors 2,544,393 2.96%
Company contact information
PNM Resources, Inc.
414 Silver Avenue SW
4th floor
Albuquerque, NM 87102-3289

Phone : +1.505.241.2700
Web : http://www.pnmresources.com
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