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Investing in PNM Resources, Inc. (PNM)

Valuation methodValue, $Upside, %
Artificial intelligence (AI)12.64-65
Intrinsic value (DCF)17.94-50
Graham-Dodd Method39.9010
Graham Formula9.71-73

Company description

PNM Resources Inc. (PNM), listed on the New York Stock Exchange under the ticker symbol PNM, is an energy holding company based in Albuquerque, New Mexico. Founded in 1917, PNM is a leading investor-owned utility that provides electricity to more than 790,000 homes and businesses in New Mexico and Texas. The company offers traditional energy services as well as renewable energy sources, such as solar, wind, and geothermal power. PNM operates three major electric generation facilities in New Mexico and also has a significant presence in the energy market through its subsidiary, Public Service Company of New Mexico. In addition to its core energy business, PNM is also committed to giving back to the community, with a focus on environmental stewardship and education initiatives. With a dedication to providing reliable, affordable, and sustainable energy solutions, PNM has established itself as a prominent and trusted energy provider in the Southwest region.
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