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PNM| Name | Value |
|---|---|
| Revenues | 488.1M |
| Cost of Revenue | 298.8M |
| Gross Profit | 189.3M |
| Operating Expense | 83.7M |
| Operating I/L | 105.7M |
| Other Income/Expense | -44.7M |
| Interest Income | 4.5M |
| Pretax | 60.9M |
| Income Tax Expense | 9.0M |
| Net Income/Loss | 48.2M |
PNM Resources, Inc. and its subsidiaries provide electricity and electric services in the United States. The company operates through its Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. PNM engages in the generation, transmission, and distribution of electricity using various energy sources including coal, natural gas, oil, nuclear fuel, solar, wind, and geothermal. TNMP provides regulated transmission and distribution services. The company serves approximately 806,000 residential, commercial, and industrial customers in New Mexico and Texas, generating revenue through the sale of electricity and related services.
