PNM Resources is a holding company of utilities providing electricity and energy products and services in New Mexico and Texas. Co.'s primary subsidiaries are Public Service Company of New Mexico (NYSE:PNM) and Texas-New Mexico Power Company (TNMP). PNM is an electric utility that provides electric generation, transmission, and distribution service to its rate-regulated customers in New Mexico. PNM also provides electricity to firm-requirements wholesale customers in New Mexico and Arizona. TNMP is a regulated utility operating in Texas. As of Dec 31 2012, PNM had 506,699 customers, while TNMP had 232,476 customers.
PNM — Key Stats (updated Monday, March 3, 10:18 AM)
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