TXNM Energy, Inc. (TXNM)

USD 47.51

(-1.92%)

Market Cap (In USD)

4.28 Billion

Revenue (In USD)

1.93 Billion

Net Income (In USD)

88.34 Million

Avg. Volume

632.88 Thousand

Currency
USD
Country
Utilities
Open
-
Prev. Close
-
Day Range
-
Year Range
34.63-50.28
PE
-
EPS
-
Beta Value
0.364
ISIN
US69349H1077
CUSIP
-
CIK
-
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Utilities
Industry
Regulated Electric
CEO
Ms. Patricia K. Vincent-Collawn
Employee Count
-
Website
https://www.txnmenergy.com
Ipo Date
1973-02-21
Details
TXNM Energy, 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. The company was formerly known as PNM Resources, Inc and changed its name to TXNM Energy, Inc. in August 2024. TXNM Energy, Inc. was founded in 1882 and is based in Albuquerque, New Mexico.