PNM Resources Overview

PNM Resources is an energy holding company based in New Mexico. The acronym PNM by itself usually refers to the PNM Resources subsidiary Public Service Company of New Mexico.
The staff at PNM Resources come from unusually diverse demographic backgrounds. The company is 35.8% female and 52.5% ethnic minorities. PNM Resources employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 62.5% of employees identifying as members of the Democratic Party. Despite their political differences, employees at PNM Resources seem to be happy. The company has great employee retention with staff members usually staying for 3.8 years. The average employee at PNM Resources makes $71,906 per year. Pay at PNM Resources is significantly lower than some of its highest paying competitors, like Union Oil Company of California, WPX Energy, and Oxy, which pay $98,214, $96,743, and $94,339, respectively.
A large utilities company with 1,814 employees and an annual revenue of $1.4B, PNM Resources is headquartered in the United States.

The Organization’s Mission

Create enduring value for customers, communities and shareholders.

Perks of Working at PNM Resources

A great place to work at, PNM Resources provides competitive salaries, excellent benefits and advancement opportunities.

Industry

Energy

Revenue

$1.4B

Employees

1,814

Founded in

1917

Headquarters

Albuquerque, NM

Website

www.pnmresources.com

Organization Type

Public

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The Team At PNM Resources

Key People
  • Pahl Shipley (Media Contact)
  • Patricia Collawn (ceo)
  • Dan Ware (Lead - Media/External/Internal Communications)
  • Meaghan Cavanaugh (Senior Corporate Communications Representative)
  • Melissa Leymon (Marketing Program Manager)
  • Susan Fullen (VP Marketing)
  • Lisa Eden (VP, Human Resources)
The Inside Scoop
NM Resources (NYSE: PNM) is an energy holding company based in the US state of New Mexico. Headquartered in Albuquerque, PNM Resources has approximately 2,530 megawatts of generation capacity and serves electricity to 498,000 homes and businesses in northern New Mexico and parts of West Texas. This company has a solid reputation for shareholder value, customer satisfaction and service reliability.
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PNM Resources Rankings

PNM Resources is ranked #56 on the Best Energy Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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PNM Resources Salaries

How much does PNM Resources pay?
The national average salary for an PNM Resources employee in the United States is $71,906 per year. Employees in the top 10 percent can make over $119,000 per year, while employees at the bottom 10 percent earn less than $43,000 per year.
8.7
Salary Score
Average Employee Earnings

PNM Resources Salaries By Job Title

While PNM Resources employees earn an average yearly salary of $71,906, different roles can command different wages. Some of the positions that earn high wages at PNM Resources include Accounting Director, Economist, Risk Management Director, and Corporate Counsel. A typical Accounting Director salary at PNM Resources is $135,692 per year. To get a better sense of the salaries at PNM Resources, other roles such as Meter Reader and Customer Service Representative can be considered as well. For comparison, the title Meter Reader at PNM Resources earns $28,998 per year.

PNM Resources Careers

On average, employees at PNM Resources stay with the company for 3.8 years. Employees most commonly join PNM Resources after leaving Grant Thornton. When they leave PNM Resources, they most frequently get their next job at Sprint.

Average Length of Employment
Entergy4.8 years

PNM Resources

3.8 years
Top Employers Before PNM Resources
KPMG8.7 %
Citi8.7 %
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Top Employers After PNM Resources
Sprint11.5 %
Gateway10.3 %
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PNM Resources Financial Performance

9.9
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1917

Organization type

Public

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PNM Resources Subsidiaries

Subsidiaries to PNM Resources include TNP Enterprises. Employees at the parent company, PNM Resources, earn $71,906 whereas employees at TNP Enterprises earn $67,749, on average.
Company
Average Salary
TNP Enterprises
TNP Enterprises
$67,749
$68k

PNM Resources Competitors

Based on our research, similar companies to PNM Resources are Union Oil Company of California, WPX Energy, and Oxy. The wages at Union Oil Company of California average higher than the other similar companies, where the median salary is $98,214 per year. Employees at WPX Energy earn an average of $96,743 per year, and the employees at Oxy earn an average salary of $94,339 per year.
Company
Average Salary
$94,339
$94k
Enbridge Energy Management, L.L.C.
Enbridge Energy Management, L.L.C.
$64,255
$64k
$59,107
$59k

Frequently Asked Questions about PNM Resources

When was PNM Resources founded?

PNM Resources was founded in 1917.

How many Employees does PNM Resources have?

PNM Resources has 1,814 employees.

How much money does PNM Resources make?

PNM Resources generates $1.4B in revenue.

What industry is PNM Resources in?

PNM Resources is in the energy industry.

What is PNM Resources's mission?

PNM Resources's mission statement is "Create enduring value for customers, communities and shareholders."

What type of company is PNM Resources?

PNM Resources is a public company.

Who are PNM Resources's competitors?

PNM Resources competitors include The Gas Company, Entergy, National Fuel Gas Co, California Water Service, Progress Energy, Hess, Union Oil Company of California, Oxy, Mansfield, FirstEnergy, American International Holdings, Portland General Electric, WPX Energy, Shell, Enbridge Energy Management, L.L.C., Ferrellgas Partners, L.P., Atlanta Gas Light, Sunoco, DCP Midstream, Tesco.

Who works at PNM Resources?

Pahl Shipley (Media Contact)

Patricia Collawn (ceo)

Dan Ware (Lead - Media/External/Internal Communications)

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You can find out what it is like to work at PNM Resources, also known as PNM RESOURCES INC, PNM Resources, PNM Resources Inc and PNM Resources, Inc..

Zippia gives an in-depth look into the details of PNM Resources, including salaries, political affiliations, employee data, and more, in order to inform job seekers about PNM Resources. The employee data is based on information from people who have self-reported their past or current employments at PNM Resources. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of PNM Resources and its employees or that of Zippia.