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About TXNM Energy, Inc. (TXNM)

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 in New Mexico; 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. 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.

Ticker
TXNM
Exchange
XNYS
Sector
Utilities
Industry
Utilities - Regulated Electric

Company profile updated October 14, 2026.

Stored market snapshot

As of October 12, 2026. Daily closing data may differ from the live quote shown in the dashboard.

Stored daily close (USD)
$58.42
Company market capitalization (USD)
$6,487,249,484.2
Price / earnings (TTM)
30.26×
Price / book
1.8×

Research TXNM

Compare the company’s price history and fundamentals in the dashboard. Explore disclosed trading and ownership activity in these research collections: