BNET Industries
Market Cap:$965.5M
Last Fiscal Year Sales:$1.9B
- Public
- US
Dow Jones Description
PNM makes sure New Mexico and Texas aren't left in the dark in the PM. PNM Resources, Inc, (NYSE: PNM) deals in energy and energy-related businesses. It supplies energy to 744,000 homes and businesses in New Mexico and Texas, and natural gas to 478,000 customers in New Mexico. Founded in 1917 and based in Albuquerque, NM, the company has revenue of about $2.1 billion, and employs about 3,382 people. In April 2006 it acquired the Twin Oaks Power facility. In April 2006, the company completed its acquisition of the Twin Oaks Power facility for $480 million in cash. Twin Oaks Power is considered to be one of the cleanest coal-fired power plants in Texas.
Number of Employees 2,864
Contact Information
Alvarado Square
414 Silver Avenue SW
PO Box 349
Albuquerque, New Mexico 87158-0001
(505) 241-2700
Peer Companies
NAICS Code Electric Bulk Power Transmission and Control: 221121
Recent Events
-
Power earnings roundup: PG&E, AEP, Allegheny, NRG among those posting on busy day
-
PNM Resources Releases Financial Results Through August
-
PNM Resources says profit is up at Texan unit
-
PNM Resources Raises Guidance, but Remains Inline with Estimates
-
PNM Declares Preferred Dividend
-
PNM Resources Reports Improved 2009 Second-Quarter Earnings
-
EMCORE: EMCORE Corporation Signs Solar Power Agreement With PNM
News & Analysis
Filter by
pnm resources inc. - All News and Analysis
PNM Resources, Inc. Q3 2009 Earnings Call Transcript
Seeking Alpha
- 2009-10-29
Question-and-Answer SessionOperator Thank you. Operator Instructions We'll take our first question from Emily Christy with RBC Capital Markets. Emily Christy - RBC Capital Markets A question on the Tres Amigas great connection project, are you talking about having an ownership interest in that project? And is there a timeline...
PNM Resources, Inc. Q2 2009 Earnings Call Transcript
Seeking Alpha
- 2009-07-31
PNM Resources, Inc. PNM Q2 2009 Earnings Call Transcript July 31, 2009 9:00 am ET
PNM Resources, Inc. Q2 2009 Earnings Call Transcript
Seeking Alpha
- 2009-07-31
Question-and-Answer SessionOperator Thank you. Our question-and-answer session will be conducted electronically today. Operator instructions. We will turn first to Lasan Johong with RBC Capital Markets. Lasan Johong – RBC Capital Markets Thank you. Nice quarter by the way. Jeff Sterba Thank you, Johong. Lasan Johong – RBC Capital Markets...
PNM Resources, Inc. Q1 2009 Earnings Call Transcript
Seeking Alpha
- 2009-05-01
Question-and-Answer SessionOperator Thank you. Operator instructions And we will take our first question from Paul Fremont with Jefferies. Paul Fremont – Jefferies Thank you very much. I guess the first question would be in terms of First Choice gross margin, what was the gross margin first-quarter in ?09 and...
AT&T/SmartSynch Cellular-Smart Meter Partnership Signs Up First Utility
Seeking Alpha
- 2009-04-17
Greentech Media submits: By Jeff St. John The partnership announced last month between AT&T T and SmartSynch to connect household electricity meters to utilities via cellular networks just landed its first customer. by Greentech Media
PNM Resources, Inc. Q4 2008 Earnings Call Transcript
Seeking Alpha
- 2009-02-06
Question-and-Answer SessionThank you. Operator Instructions. And we’ll take our first question from Jonathan Arnold, Merrill Lynch. Jonathan Arnold – Merrill Lynch Hi, good morning guys Jeffry E. Sterba Hi, Jon. Gina Jacobi Good morning Jonathan Arnold – Merrill Lynch I had a...
PNM Resources, Inc. Q3 2008 Earnings Call Transcript
Seeking Alpha
- 2008-11-20
Question-and-Answer Session Operator Your first question comes from Lasan Johong – RBC Capital Markets. Lasan Johong – RBC Capital Markets Did I hear correctly, Chuck that you plan to pay down $317 million of TNMP debt in the first quarter of ’09? Charles N. Eldred It’s...
PNM Resources, Inc. Q2 2008 Earnings Call Transcript
Seeking Alpha
- 2008-08-12
Question-and-Answer Session Operator Thank you. Operator instructions And we will take our first question from Jonathan Arnold with Merrill Lynch. Please go ahead. Jonathan Arnold – Merrill Lynch Good morning guys. Jeff Sterba Good morning, Jonathan Chuck Eldred Hi Jonathan Jonathan Arnold – Merrill Lynch...
PNM Resources Inc. Q1 2008 Earnings Call Transcript
Seeking Alpha
- 2008-05-21
Question-and-Answer SessionOperator Operator Instructions. We'll go first to Greg Gordon with Citigroup. Greg Gordon - Citigroup Thank you. At this point, have you closed out the speculative trading positions, and so the remaining non-cash charge taken in the quarter, does that represent the absolute exposure to future cash outflows,...
PNM Resources, Inc. Q4 2007 Earnings Call Transcript
Seeking Alpha
- 2008-02-11
Question-and-Answer Session Unidentified Analyst Two questions, the first relates to will you file another rate case immediately following your May decision and how early do you think you would be able to go back in. The second question is I guess I don’t understand that you’re showing about...
- 1
- 2
Industry Transcripts by Seeking Alpha
-
Atwood Oceanics Inc. F4Q09 (Qtr End 30/09/09) Earnings Call Transcript.
on Nov 24, 2009about ATW
-
StealthGas Inc. Q3 2009 Earnings Call Transcript
on Nov 17, 2009about GASS
-
WGL Holdings Inc. F4Q09 (Qtr End 09/30/09) Earnings Call Transcript
on Nov 13, 2009about WGL
-
ORMAT Technologies Inc. Q3 2009 Earnings Conference Call Transcript
on Nov 12, 2009about ORA
-
Evolution Petroleum Corp F1Q10 (Qtr End 30/09/09) Earnings Call Transcript
on Nov 12, 2009about EPM
Glass Door
PNM Resources
IndustryTop Rated
- Clinton: Energy Efficiency Is Not Sexy, But Important Low-Hanging Fruit 4 votes
- Trina Solar: Still Struggling to Bring Manufacturing Costs in Line With Falling Prices 3 votes
- Boxer Rolls Political Dice, Climate Bill Moves Onto Senate Floor 3 votes
- Valero to Shutter Some Refinery Operations, Cut Hundreds of Jobs 3 votes
- Week in Oil & Gas: Climate Bill Hurdles and Refining Blues 2 votes
