Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $28.57 USD
Change Today +0.36 / 1.28%
Volume 932.0K
PNM On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

pnm resources inc (PNM) Snapshot

Open
$28.26
Previous Close
$28.21
Day High
$28.78
Day Low
$28.15
52 Week High
12/29/14 - $31.60
52 Week Low
08/6/14 - $24.26
Market Cap
2.3B
Average Volume 10 Days
763.9K
EPS TTM
$1.43
Shares Outstanding
79.7M
EX-Date
04/8/15
P/E TM
20.0x
Dividend
$0.80
Dividend Yield
2.70%
Current Stock Chart for PNM RESOURCES INC (PNM)

pnm resources inc (PNM) Related Businessweek News

No Related Businessweek News Found

pnm resources inc (PNM) Details

PNM Resources, Inc., together with its subsidiaries, operates in energy and energy-related businesses in the United States. It is primarily involved in the generation, transmission, and distribution of electricity. The company generates electricity using coal, nuclear fuel, natural gas, solar, geothermal, and wind energy sources. It also provides regulated transmission and distribution services. As of December 31, 2014, the company’s owned or leased facilities had a total net generation capacity of 2,397 megawatts. It serves approximately 753,000 residential, commercial, and industrial customers, as well as end-users of electricity in New Mexico and Texas. The company was founded in 1917 and is based in Albuquerque, New Mexico.

1,881 Employees
Last Reported Date: 02/27/15
Founded in 1917

pnm resources inc (PNM) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $763.3K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $432.3K
Chief Operating Officer and Senior Vice Presi...
Total Annual Compensation: $373.7K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $312.7K
Senior Vice President of Public Policy
Total Annual Compensation: $250.8K
Compensation as of Fiscal Year 2014.

pnm resources inc (PNM) Key Developments

PNM Resources, Inc. - Special Call

PNM Resources, Inc. - Special Call

PNM Declares Preferred Stock Dividend, Payable on Apr. 15, 2015

The Board of Directors of PNM has declared the regular quarterly dividend of $1.145 per share on the 4.58% series of cumulative preferred stock. The preferred stock dividend is payable Apr. 15, 2015, to shareholders of record at the close of business Apr. 1, 2015.

PNM Resources, Inc. Enters into New Term Loan Facility with Fargo Bank

On March 9, 2015, PNM Resources, Inc. entered into a new term loan facility. The $150 million term loan agreement between PNMR and Wells Fargo Bank as lender and administrative agent, has a maturity date of March 9, 2018. PNMR must pay interest on its borrowing under the PNMR term loan agreement from time to time following funding and must repay all amounts on or before the maturity date. The PNMR term loan agreement includes customary covenants, including requirements to not exceed a maximum consolidated debt to consolidated capitalization ratio. The PNMR term loan agreement also includes customary events of default. The PNMR term loan agreement has a cross default provision and a change of control provision. If an event of default occurs, the administrative agent thereunder may, or upon the request and direction of the lenders holding a specified percentage of loans shall, declare the obligations outstanding under the PNMR Term loan agreement to be due and payable. Such acceleration will occur automatically in the event of an insolvency or bankruptcy default. The description of the PNMR Term Loan Agreement is not complete and is qualified in its entirety by reference to the entire PNMR Term loan agreement.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PNM:US $28.57 USD +0.36

PNM Competitors

Market data is delayed at least 15 minutes.

Company Last Change
ALLETE Inc $51.54 USD +0.46
Avista Corp $34.08 USD +0.27
Black Hills Corp $51.09 USD +0.42
NorthWestern Corp $53.12 USD +0.40
UIL Holdings Corp $50.95 USD +0.22
View Industry Companies
 

Industry Analysis

PNM

Industry Average

Valuation PNM Industry Range
Price/Earnings 19.6x
Price/Sales 1.6x
Price/Book 1.3x
Price/Cash Flow 7.9x
TEV/Sales 0.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PNM RESOURCES INC, please visit www.pnmresources.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.