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PNM Resources Inc. is a utility company that has diversified its business and is taking advantage of the Inflation Act to invest in green energy. The company operates in the regulated electric utility sector, primarily serving New Mexico and Texas. PNM is investing heavily in renewables, including solar and storage capabilities, which presents a new and exciting market opportunity.
Investors interested in stocks from the Utility - Electric Power sector have probably already heard of PNM Resources (PNM) and MGE (MGEE). But which of these two stocks is more attractive to value investors?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does PNM Resources (PNM) have what it takes?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does PNM Resources (PNM) have what it takes?
We have narrowed our search to five low-beta utility stocks that are regular dividend payers. These are: CWCO, AWK, ATO, PNM, YORW.
PNM Resources (PNM) is expected to further benefit from infrastructure investments and cost-effective power generation.
Investors interested in Utility - Electric Power stocks are likely familiar with PNM Resources (PNM) and MGE (MGEE). But which of these two stocks presents investors with the better value opportunity right now?
The Fed is likely to continue with its interest rate hike campaign. Invest in utility stocks like Entergy Corporation (ETR), Consolidated Water Co. Ltd.
PNM Resources' (PNM) second-quarter 2023 earnings and revenues decline year over year. Total operating expenses decrease during the same period.
PNM Resources (PNM) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.57 per share a year ago.