TXNM Energy, Inc.

NYSE:TXNM Stock Report

Market Cap: US$4.9b

TXNM Energy Management

Management criteria checks 3/4

TXNM Energy's CEO is Pat Vincent-Collawn, appointed in Mar 2010, has a tenure of 15.08 years. total yearly compensation is $5.63M, comprised of 20.4% salary and 79.6% bonuses, including company stock and options. directly owns 0.81% of the company’s shares, worth $39.56M. The average tenure of the management team and the board of directors is 1.3 years and 8.9 years respectively.

Key information

Pat Vincent-Collawn

Chief executive officer

US$5.6m

Total compensation

CEO salary percentage20.4%
CEO tenure15.1yrs
CEO ownership0.8%
Management average tenure1.3yrs
Board average tenure8.9yrs

Recent management updates

Recent updates

Why We're Not Concerned About TXNM Energy, Inc.'s (NYSE:TXNM) Share Price

Feb 12
Why We're Not Concerned About TXNM Energy, Inc.'s (NYSE:TXNM) Share Price

TXNM Energy (NYSE:TXNM) Is Increasing Its Dividend To $0.4075

Jan 21
TXNM Energy (NYSE:TXNM) Is Increasing Its Dividend To $0.4075

TXNM Energy (NYSE:TXNM) Shareholders Will Want The ROCE Trajectory To Continue

Jan 04
TXNM Energy (NYSE:TXNM) Shareholders Will Want The ROCE Trajectory To Continue

A Look At The Fair Value Of TXNM Energy, Inc. (NYSE:TXNM)

Dec 11
A Look At The Fair Value Of TXNM Energy, Inc. (NYSE:TXNM)

Investors Still Waiting For A Pull Back In TXNM Energy, Inc. (NYSE:TXNM)

Oct 25
Investors Still Waiting For A Pull Back In TXNM Energy, Inc. (NYSE:TXNM)

TXNM Energy's (NYSE:TXNM) Returns On Capital Are Heading Higher

Oct 01
TXNM Energy's (NYSE:TXNM) Returns On Capital Are Heading Higher
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Texas Utility's Bold Strategy Fuels Growth Amid Weather Challenges And Regulatory Dynamics

Sep 03 Strategic capital investments aimed at improving weather response and grid modernization will drive revenue growth and enhance operational efficiency.

PNM Resources, Inc. (NYSE:PNM) Not Lagging Market On Growth Or Pricing

Jun 23
PNM Resources, Inc. (NYSE:PNM) Not Lagging Market On Growth Or Pricing

PNM Resources (NYSE:PNM) Has Announced A Dividend Of $0.3875

Apr 19
PNM Resources (NYSE:PNM) Has Announced A Dividend Of $0.3875

PNM Resources: Medium Term Growth Potential But Less Financial Flexibility

Apr 07

PNM Resources: No Merger, No Thank You

Jan 12

PNM Resources: Exciting Initiatives Is Boosting The Bottom Line

Sep 30

PNM Resources: Debate Hinges On Merger, Economic Value Absent Either Way

Sep 23

PNM Resources: High Valuation, Uncertain Backup Plan

Jun 14

PNM Resources beats FY top and bottom line estimates; narrows FY23 outlook

Feb 24

PNM Resources cut to Neutral at Mizuho on likelihood of Avangrid deal close

Jan 09

PNM Resources reports Q3 earnings beat; raises FY22 and reaffirms FY23 guidance

Nov 04

CEO Compensation Analysis

How has Pat Vincent-Collawn's remuneration changed compared to TXNM Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024US$6mUS$1m

US$242m

Sep 30 2024n/an/a

US$176m

Jun 30 2024n/an/a

US$83m

Mar 31 2024n/an/a

US$80m

Dec 31 2023US$8mUS$1m

US$88m

Sep 30 2023n/an/a

US$154m

Jun 30 2023n/an/a

US$238m

Mar 31 2023n/an/a

US$209m

Dec 31 2022US$7mUS$1m

US$170m

Sep 30 2022n/an/a

US$165m

Jun 30 2022n/an/a

US$156m

Mar 31 2022n/an/a

US$194m

Dec 31 2021US$6mUS$958k

US$196m

Sep 30 2021n/an/a

US$193m

Jun 30 2021n/an/a

US$202m

Mar 31 2021n/an/a

US$206m

Dec 31 2020US$8mUS$952k

US$173m

Sep 30 2020n/an/a

US$196m

Jun 30 2020n/an/a

US$177m

Mar 31 2020n/an/a

US$43m

Dec 31 2019US$5mUS$891k

US$77m

Sep 30 2019n/an/a

-US$10m

Jun 30 2019n/an/a

-US$25m

Mar 31 2019n/an/a

US$89m

Dec 31 2018US$5mUS$854k

US$86m

Compensation vs Market: Pat's total compensation ($USD5.63M) is below average for companies of similar size in the US market ($USD8.70M).

Compensation vs Earnings: Pat's compensation has been consistent with company performance over the past year.

CEO

Pat Vincent-Collawn (65 yo)

15.1yrs

Tenure

US$5,626,175

Compensation

Ms. Patricia K. Vincent-Collawn, also known as Pat, has been the Chief Executive Officer of TXNM Energy, Inc. (formerly known as PNM Resources, Inc.) since March 1, 2010, and had been its President from Au...

Leadership Team

NamePositionTenureCompensationOwnership
Patricia Vincent-Collawn
Chairman & CEO15.1yrsUS$5.63m0.81%
$ 39.6m
Joseph Tarry
President2.9yrsUS$2.90m0.045%
$ 2.2m
Elisabeth Eden
Senior VP & CFO2.9yrsUS$1.24m0.024%
$ 1.2m
Brian Iverson
General Counselless than a yearUS$1.08m0.0038%
$ 184.4k
Gerald Bischoff
VP & Corporate Controller1.3yrsno data0.0011%
$ 54.8k
Sheila Mendez
VP & Chief Information Officer1yrno datano data
Lisa Goodman
Executive Director of Investor Relationsno datano datano data
Rebecca Teague
Vice President of Human Resources5.3yrsno datano data
Michael Mertz
Senior Vice President of Operations of PNMless than a yearno datano data
James Walker
President of TNMPless than a yearno datano data
Sabrina Greinel
VP & Treasurer1.3yrsno datano data

1.3yrs

Average Tenure

57yo

Average Age

Experienced Management: TXNM's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Patricia Vincent-Collawn
Chairman & CEO15.1yrsUS$5.63m0.81%
$ 39.6m
Joseph Tarry
Presidentless than a yearUS$2.90m0.045%
$ 2.2m
Maureen Mullarkey
Independent Director10.9yrsUS$258.00k0.019%
$ 940.0k
Sidney Gutierrez
Independent Director9.9yrsUS$243.00k0.025%
$ 1.2m
James Hughes
Independent Director6.3yrsUS$243.00k0.012%
$ 581.0k
Alan Fohrer
Independent Director13.1yrsUS$258.00k0.029%
$ 1.4m
E. Conley
Independent Director10.9yrsUS$258.00k0.025%
$ 1.2m
Vicky Bailey
Independent Director6.3yrsUS$258.00k0.014%
$ 697.9k
Norman Becker
Lead Independent Director8.9yrsUS$273.00k0.024%
$ 1.2m
Lillian Montoya-Rael
Independent Directorless than a yearUS$213.75kno data
Steven Maestas
Independent Directorless than a yearUS$213.75k0%
$ 0

8.9yrs

Average Tenure

65yo

Average Age

Experienced Board: TXNM's board of directors are considered experienced (8.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/16 18:37
End of Day Share Price 2025/04/16 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

TXNM Energy, Inc. is covered by 21 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gary HovisArgus Research Company
David ParkerBaird
Daniel FordBarclays