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TXNM Energy

53.02
-0.1800-0.34%
Post-market: 53.020.00000.00%16:05 EDT
Volume:591.03K
Turnover:31.44M
Market Cap:4.91B
PE:19.86
High:53.60
Open:53.05
Low:52.59
Close:53.20
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Company Profile

Company Name:
TXNM Energy
Exchange:
NYSE
Establishment Date:
1882
Employees:
1695
Office Location:
414 Silver Ave. SW,Albuquerque,New Mexico,United States
Zip Code:
87102-3289
Fax:
- -
Introduction:
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.

Directors

Name
Position
Patricia K. Collawn
Chairman, President, and Chief Executive Officer
Alan J. Fohrer
Independent Director
Donald K. Schwanz
Independent Director
E. Renae Conley
Independent Director
J. A. Hughes
Independent Director
Maureen T. Mullarkey
Independent Director
N. P. Becker
Lead Independent Director
Sidney M. Gutierrez
Independent Director
V. A. Bailey
Independent Director

Shareholders

Name
Position
Patricia K. Collawn
Chairman, President, and Chief Executive Officer
C. M. Olson
Senior Vice President, Utility Operations
J. D. Tarry
Senior Vice President and Chief Financial Officer
Patrick V. Apodaca
Senior Vice President, General Counsel, and Secretary
R. N. Darnell
Senior Vice President, Public Policy
Charles N. Eldred
Executive Vice President, Corporate Development and Finance