| PNM Resources, Inc., through its subsidiaries, engages in the energy and energy-related businesses. It primarily engages in the generation, transmission, distribution, sale, and marketing of electricity. The company also transmits, distributes, and sells natural gas in the state of New Mexico. It distributes electricity for retail electric customers in New Mexico, as well as for third parties. The companys gas services include distribution of natural gas to both sales-service customers and transportation-service customers. In addition, the company provides energy and technology-related services. As of June 6, 2005, PNM Resources served approximately 1.2 million customers, including 725,000 electric customers in Texas and New Mexico and 471,000 natural gas customers in New Mexico. The company is headquartered in Albuquerque, New Mexico. |