TXNM Energy 

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People Also Follow

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Competitors

This list is an analysis based on recent market events. It's not an investment recommendation.
Xcel Energy
XEL
Mkt Cap50.37B
Xcel Energy operates in similar regions as PNM Resources, providing electricity and natural gas, making them direct competitors in the energy market.
Edison International
EIX
Mkt Cap28.28B
Edison International, through its subsidiaries, generates and distributes electric power, competing in the same utility sector as PNM Resources.
Pinnacle West Capital
PNW
Mkt Cap12.42B
Pinnacle West Capital Corporation, serving the southwestern USA, directly competes with PNM Resources in electricity generation and distribution.
DTE Energy
DTE
Mkt Cap30.8B
DTE Energy Company provides electricity and natural gas services, competing in the energy market and customer base with PNM Resources.
American Electric Power Company
AEP
Mkt Cap72.12B
American Electric Power is one of the largest electric utilities in the United States, competing with PNM Resources in electricity generation, distribution, and retail services.
Duke Energy
DUK
Mkt Cap102.9B
Duke Energy Corporation, with its significant presence in the electric power holding company sector, competes with PNM Resources in energy generation and provision.
Southern Company
SO
Mkt Cap109.08B
Southern Company operates as an energy company in the United States, competing with PNM Resources in electricity generation and distribution.
NextEra Energy
NEE
Mkt Cap194.08B
NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power, competing in renewable and non-renewable energy sectors with PNM Resources.
AES
AES
Mkt Cap10.2B
The AES Corporation is a global power company, competing with PNM Resources in the generation and distribution of electric power and in renewable energy projects.

About

TXNM Energy, Inc., through its subsidiaries, provides electricity and electric services in the United States. The company engages in the generation, transmission, and distribution of electricity for retail electric customers; and owns and leases communications, office and other equipment, office space, vehicles, energy storage facilities, and real estate. It also provides regulated transmission and distribution services in Texas, as well as owns and leases vehicles, service facilities, and office locations throughout its service territory. It 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.
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CEO
Ms. Patricia K. Vincent-Collawn
Employees
1755
Country
DE
ISIN
US69349H1077

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FAQ

What is TXNM Energy stock ticker?
Depending on the exchange, the stock ticker may vary. For instance, on exchange TXNM Energy stocks are traded under the ticker 98P.STU.
Is TXNM Energy stock price growing?
98P.STU stock has fallen by -1.96% compared to the previous week, the month change is a -0.99% fall, over the last year TXNM Energy has showed a +8.7% increase.
How many employees does TXNM Energy have?
As of April 10, 2026, the company has 1,755 employees.
In which sector is TXNM Energy located?
TXNM Energy operates in the Utilities sector.
When did TXNM Energy complete a stock split?
TXNM Energy has not had any recent stock splits.
Where is TXNM Energy headquartered?
TXNM Energy is headquartered in Albuquerque, DE.