PNM Resources PNM

EnergyMarket cap $7B1 connection

PNM Resources serves New Mexico and Texas with electricity and natural gas. Its transition from coal to renewables - solar and wind in New Mexico's abundant resource zones - is among the most aggressive in the Southwest. The Four Corners Power Plant retirement marks the end of coal in New Mexico's grid.

Open PNM Resources's Company Hub Simulate a merger Supply chain See it on the map

Competitors 1

Companies it competes with

Xcel EnergyEnergy · $44BSouthwest utilities

Other Energy companies

Saudi Aramco ExxonMobil Chevron Shell plc NextEra Energy ConocoPhillips TotalEnergies Marathon Petroleum Valero Energy Phillips 66

Embed this on your site

Show PNM Resources's network in an article or report - it updates as our data does.

<iframe src="https://vexmap.com/embed.html?co=PNM" width="600" height="420" style="border:0;border-radius:12px;max-width:100%" title="PNM Resources on VexMap" loading="lazy"></iframe>

Preview

Relationships are compiled by VexMap from company filings, announcements and reporting, and last reviewed September 2026. Spotted something wrong? Tell us. Not investment advice.