Financials

  • Market Capitalization 6.44 B
  • Employee 1 700
  • Founded N/A
  • CEO Patricia K. Collawn
  • Website www.txnmenergy.com
  • Headquarter New Mexico, United States
  • FIGI BBG000BRDFF3
  • Industry Technology
Total revenue
Net income
Basic earnings per share (Basic EPS)
Total debt
Free cash flow
Cash & equivalents
Price to earnings ratio
39.78
Price to sales ratio
2.78
Dividends per share
1.65
Dividend yield %
2.8

TXNM Energy Inc

TXNM Energy, Inc. is an energy holding company based in Albuquerque, New Mexico. TXNM was founded in 1917 as the Albuquerque Gas and Electric Company. TXNM Energy owns both PNM and Texas - New Mexico Power. In 2025, Blackstone Inc.'s infrastructure business agreed to acquire the company for an enterprise value of $11.5 billion. Headquartered in Albuquerque, TXNM Energy has a diverse energy portfolio and combined with their purchased power resources contribute to a total generation capacity of approximately 2.7 gigawatts and serves electricity to 800,000 residential and business customers across New Mexico and Texas.