PNM Market Cap History
Below is a table of the PNM market cap history going back to 2/15/2010:

Date PNM Market Cap
2/15/20101.01B
4/30/20101.18B
7/29/20101.03B
10/25/20101.03B
2/18/20111.17B
4/28/20111.33B
8/2/20111.27B
11/1/20111.51B
11/10/20111.46B
2/22/20121.45B
4/27/20121.51B
7/27/20121.67B
8/6/20121.65B
10/26/20121.75B
2/22/20131.76B
5/1/20131.87B
7/26/20131.88B
10/25/20131.93B
2/21/20142.04B
4/25/20142.23B
7/25/20142.16B
10/24/20142.23B
2/20/20152.26B
4/24/20152.28B
7/24/20152.01B
10/23/20152.25B
2/19/20162.57B
4/22/20162.46B
8/5/20162.60B
10/21/20162.54B
2/21/20172.82B
4/24/20173.03B
7/25/20173.09B
10/20/20173.36B
2/20/20182.81B
4/23/20181.52B
7/25/20181.49B
10/30/20183.10B
2/22/20193.55B
5/3/20193.75B
7/26/20194.02B
10/25/20194.08B
2/21/20202.13B

Also see: PNM Shares Outstanding History
and PNM YTD Return
PNM Historical Market Cap:
+7.71% CAGR
PNM Historical Market Cap: +7.71% CAGR

Mouse over chart for data details
2/15/2010 ...2/21/2020
PNM Resources is a holding company. Through its regulated utilities, Co. provides electricity and electric services in New Mexico and Texas. Co.'s electric utilities are Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP). PNM is an electric utility that provides electric generation, transmission, and distribution service to its rate-regulated customers in area of north central New Mexico, including the cities of Albuquerque, Rio Rancho, and Santa Fe, and certain areas of southern New Mexico. TNMP is a regulated utility that provides transmission and distribution services in Texas under the provisions of TECA and the Texas Public Utility Regulatory Act. We show 43 historical shares outstanding datapoints in our PNM shares outstanding history coverage, used to compute PNM market cap on those dates.

Understanding the changing numbers of shares outstanding, the changing share price, and the resulting changing PNM market cap history over the course of time is important for investors interested in comparing PNM's market cap history versus its peers. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies, and then calculating their respective market caps. Comparing the share price of PNM versus a peer is one thing; comparing PNM market cap versus a peer is a completely different story. Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares), the market cap for a company like PNM can fluctuate over the course of history. With this page we aim to empower investors researching PNM by allowing them to research the PNM market cap history.
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PNM Resources (PNM) is categorized under the Utilities sector; to help you further research historical market cap numbers, below are some other companies in the same sector:

PNW Market Cap History
POR Market Cap History
PPL Market Cap History
RGCO Market Cap History
SCG Market Cap History
SGU Market Cap History
SJI Market Cap History
SJW Market Cap History
SO Market Cap History
SPH Market Cap History
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