PNM Market Cap History Table | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Also see: PNM Shares Outstanding History and PNM YTD Return |
PNM Market Cap History Table | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Also see: PNM Shares Outstanding History and PNM YTD Return |
PNM Market Cap History Chart | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
+5.06% CAGR Mouse over chart for data details
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PNM Stock Price Chart |
About PNM Resources Inc |
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 44 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. |
PNM Current Stock Quote |
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Video: The Importance of Market Cap | |
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PNM Share Performance |
Market Cap Peers |
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 |
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