TheScreener - PNM Resources Inc. (PNM) PNM RESOURCES loses on its star level and is downgraded to Slightly Positive

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PNM RESOURCES loses on its star level and is downgraded to Slightly Positive

The independent financial analyst theScreener just slightly lowered the general evaluation of PNM RESOURCES (US), active in the Multiutilities industry. The title has lost a star(s) at the fundamental level and now shows 3 out of 4 stars. Its exposure to market risk remains nonetheless the same and can be still described as defensive. theScreener slightly downgrades the general evaluation to Slightly Positive for the title on account of the lost star(s). As of the analysis date March 22, 2022, the closing price was USD 45.94 and its potential was estimated at USD 48.24.

23/03/2022 1 EN

Underlying

PNM Resources Inc.

PNM Resources is a holding company. Through its regulated utilities, the company provides electricity and electric services in New Mexico and Texas. The company'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.

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US69349H1077 New York Stock Exchange United States

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TheScreener

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PNM RESOURCES loses on its star level and is downgraded to Slightly Positive

Empowering Investors

PNM Resources, Inc.: Update to credit analysis

Moody's Ratings announces completion of a periodic review of ratings of PNM Resources, Inc., Public Service Company of New Mexico and Texas-New Mexico Power Company

PNM Resources, Inc.: Update to credit analysis

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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