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Insights

Expansion readiness TXNM Energy has recently rebranded from PNM Resources and expanded through assets sales to TXNM Energy, signaling a transition phase and potential integration needs for legacy systems, branding, and customer-facing platforms.

Financing momentum The company secured substantial funding including a $400M financing and equity offering, indicating strong liquidity and capacity for capital expenditure on grid modernization, IT upgrades, and smart infrastructure initiatives.

Tech modernization Current tech stack spans cloud, data analytics, and CRM tools (Power BI, AWS, Adobe Experience Cloud, Segment, Oracle PeopleSoft, Boomi). This suggests opportunities for cross-sell of data integration, analytics, CRM optimization, cybersecurity, and digital customer experience solutions.

Scale advantage With over 720,000 customers across New Mexico and Texas and revenue in the multi-billion range, there is a significant opportunity to offer enterprise-grade utilities platforms, energy efficiency programs, and grid analytics to support growth and reliability.

Leadership shift Appointment of a new Chief Financial Officer and notable leadership changes align with strategic restructures; engage on financial planning, regulatory reporting optimization, and cost-to-serve analysis to support ongoing transformation.

Similar companies to PNM Resources

PNM Resources Tech Stack

PNM Resources uses 8 technology products and services including Power BI, Amazon Web Services, Microsoft SharePoint, and more. Explore PNM Resources's tech stack below.

PNM Resources's Email Address Formats

PNM Resources uses at least 7 email formats:
PNM Resources Email FormatsExamplePercentage
FLast@pnm.comJDoe@pnm.com
59%
First.Last@pnm.comJohn.Doe@pnm.com
38%
Last@pnm.comDoe@pnm.com
3%
First.Last@pnmresources.comJohn.Doe@pnmresources.com
90%
FLast@pnmresources.comJDoe@pnmresources.com
5%
FirstL@pnmresources.comJohnD@pnmresources.com
4%
F.Last@pnmresources.comJ.Doe@pnmresources.com
1%

Frequently Asked Questions

What is PNM Resources's phone number?

Minus sign iconPlus sign icon You can contact PNM Resources's main corporate office by phone at
+1-505-241-****
. For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is PNM Resources's stock symbol?

Minus sign iconPlus sign iconPNM Resources is a publicly traded company; the company's stock symbol is PNM.

What is PNM Resources's official website and social media links?

Minus sign iconPlus sign iconPNM Resources's official website is txnmenergy.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does PNM Resources generate?

Minus sign iconPlus sign icon As of August 2026, PNM Resources's annual revenue is estimated to be $10B+.

What is PNM Resources's NAICS code?

Minus sign iconPlus sign iconPNM Resources's NAICS code is 22 - Utilities.

How many employees does PNM Resources have currently?

Minus sign iconPlus sign iconAs of August 2026, PNM Resources has approximately 1.8K employees across 4 continents, including North America, Asia and Europe. Key team members include Chief Executive Officer: B. M., Chief Operations Officer: R. T. and Vice President Corporate Controller And Chief Information Officer: D. T. Explore PNM Resources's employee directory with LeadIQ.

What industry does PNM Resources belong to?

Minus sign iconPlus sign iconPNM Resources operates in the Utilities industry.

What technology does PNM Resources use?

Minus sign iconPlus sign iconPNM Resources's tech stack includes Power BI, Amazon Web Services, Microsoft SharePoint, Segment, Adobe Experience Cloud, Microsoft 365, Oracle PeopleSoft and Boomi.

What is PNM Resources's email format?

Minus sign iconPlus sign iconPNM Resources's email format typically follows the pattern of FLast@pnm.com. Find more PNM Resources email formats with LeadIQ.

How much funding has PNM Resources raised to date?

Minus sign iconPlus sign icon As of August 2026, PNM Resources has raised $900M in funding. The last funding round occurred on May 19, 2025 for $500M.
PNM Resources logo

PNM Resources

UtilitiesNew Mexico, United States1001-5000 Employees

TXNM Energy, based in Albuquerque, New Mexico, operates as an energy holding company with two utility subsidiaries, PNM and TNMP. Through these utilities, the company provides electricity to more than 720,000 homes and businesses across New Mexico and Texas. The business is positioned within the utilities sector, focusing on electricity delivery to residential and commercial customers in its regional markets. This regional footprint centers on the southwestern United States.

In 2024, PNM Resources completed asset transfers to TXNM Energy and changed its corporate name to TXNM Energy. In 2025, Henry Monroy was appointed as Senior Vice President and Chief Financial Officer, effective January 1, 2025.

Section iconCompany Overview

Phone number
+1-505-241-****
Website
txnmenergy.com
Stock Symbol
PNM
NAICS Code
22 - Utilities
Employees
1001-5000

Section iconMedia & News

Section iconFunding & Financials

  • $900M

    PNM Resources has raised a total of $900M of funding over 2 rounds. Their latest funding round was raised on May 19, 2025 in the amount of $500M as a Post IPO Equity.

  • $10B+

    PNM Resources's revenue is estimated to be in the range of $10B+

Company Leadership

  • Chief Executive Officer at PNM Resources
    B. M.
    Chief Executive Officer
    Mobile Phone
  • Chief Operations Officer at PNM Resources
    R. T.
    Chief Operations Officer
    Mobile Phone
  • Vice President Corporate Controller And Chief Information Officer at PNM Resources
    D. T.
    Vice President Corporate Controller And Chief Information Officer
    Mobile Phone
  • President at PNM Resources
    J. H.
    President
    Mobile Phone
  • Founder at PNM Resources
    K. E.
    Founder
    Mobile Phone

Employee Directory

  • Founder at PNM Resources
    K. E.
    Founder
    Mobile Phone
  • Chief Operations Officer at PNM Resources
    R. T.
    Chief Operations Officer
    Mobile Phone
  • Vice President at PNM Resources
    B. C.
    Vice President
    Mobile Phone
  • Economic Development And Growth Strategy Director at PNM Resources
    T. N.
    Economic Development And Growth Strategy Director
    Mobile Phone
  • Safety Director at PNM Resources
    C. K.
    Safety Director
    Mobile Phone

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