Electric Utilities · ALBUQUERQUE, NM, United States
$58.53
+0.22% (+$0.13)2026-10-13
Revenue$487.8M
Net Income$8.0M
EPS$0.03
Market Cap$6.5B
Price Performance
Historical data including institutional events
Company Profile
J
Joseph Tarry
CEO & Executive Director
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 (TNMP). In 2025, Blackstone Inc.'s infrastructure business agreed to acquire the company for an enterprise value of $11.5 billion.