PNM Files 2024 10-K: Financials and Operations Detailed
Ticker: PNMXO · Form: 10-K · Filed: Feb 28, 2025 · CIK: 81023
| Field | Detail |
|---|---|
| Company | Public Service Co Of New Mexico (PNMXO) |
| Form Type | 10-K |
| Filed Date | Feb 28, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, utility, electric-services, annual-report
TL;DR
PNM's 2024 10-K is in. Full financial picture for investors.
AI Summary
Public Service Company of New Mexico (PNM) filed its 2024 10-K report on February 28, 2025, detailing its financial performance and operations. The company, formerly known as PNM Resources Inc., is a regulated electric utility serving customers in New Mexico. The filing covers the fiscal year ending December 31, 2024, and provides comprehensive information on its business, financial condition, and risk factors.
Why It Matters
This filing provides investors and stakeholders with a detailed look into PNM's financial health and strategic direction for the past year, crucial for understanding the company's stability and future prospects.
Risk Assessment
Risk Level: medium — As a regulated utility, PNM faces risks related to regulatory changes, operational disruptions, and economic conditions affecting its service territory.
Key Numbers
- 2024 — Fiscal Year End (The report covers the financial performance up to December 31, 2024.)
- February 28, 2025 — Filing Date (The 10-K was officially filed on this date.)
Key Players & Entities
- Public Service Company of New Mexico (company) — Filer of the 10-K
- PNM Resources Inc. (company) — Former name of the company
- TXNM ENERGY INC (company) — Company name listed
- TEXAS NEW MEXICO POWER CO (company) — Company name listed
- 2024 (date) — Fiscal year end
- February 28, 2025 (date) — Filing date
- 414 SILVER AVE. SW, ALBUQUERQUE, NM 87102-3289 (address) — Business and mail address
- 5052412700 (phone_number) — Business phone number
FAQ
What is the primary business of Public Service Company of New Mexico?
Public Service Company of New Mexico is a regulated electric utility providing electric services.
When did Public Service Company of New Mexico file its 2024 10-K?
The company filed its 2024 10-K on February 28, 2025.
What was the previous name of Public Service Company of New Mexico?
The company was formerly known as PNM Resources Inc.
Where is Public Service Company of New Mexico headquartered?
The company's business and mail address is 414 Silver Ave. SW, Albuquerque, NM 87102-3289.
What is the Standard Industrial Classification code for Public Service Company of New Mexico?
The SIC code for Public Service Company of New Mexico is 4911 (Electric Services) and 4931 (Electric & Other Services Combined).
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on February 28, 2025 regarding PUBLIC SERVICE CO OF NEW MEXICO (PNMXO).