TXNM vs KNTK

Comparison between PNM Resources Inc (TXNM, Company) and Kinetik Holdings Inc - Class A (KNTK, Company).

TXNM is from the Utilities sector, while KNTK is from the Energy sector.

5-Year PerformanceKNTK has outperformed TXNM, delivering a return of +14.5% compared to +6.4%

TXNM vs KNTK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TXNM(COMPANY)	KNTK(COMPANY)
Market Cap	$6.28B	$6.27B
Max Drawdown	81.76%	95.36%
Sharpe Ratio	-0.00	0.56
5Y Beta	0.27	0.83
Industry	Utilities - Regulated Electric	Oil & Gas Midstream
P/E Ratio	37.27	174.62
Forward P/E	19.68	60.24
PEG Ratio	2.81	8.62
Dividend Yield	2.92%	6.58%
5Y Dividends CAGR	5.84%	39.48%
5Y EPS CAGR	18.51%	N/A
Debt to Equity	156.28%	-230.95%
Free Cash Flow Yield	9.50%	1.70%
P/S Ratio	2.87	4.60
P/B Ratio	1.81	1.34

Market Cap

Winner

TXNM

$6.28B

KNTK

$6.27B

Max Drawdown

Winner

TXNM

81.76%

KNTK

95.36%

Sharpe Ratio

TXNM

-0.00

Winner

KNTK

0.56

5Y Beta

Winner

TXNM

0.27

KNTK

0.83

Industry

TXNM

Utilities - Regulated Electric

KNTK

Oil & Gas Midstream

P/E Ratio

Winner

TXNM

37.27

KNTK

174.62

Forward P/E

Winner

TXNM

19.68

KNTK

60.24

PEG Ratio

Winner

TXNM

2.81

KNTK

8.62

Dividend Yield

TXNM

2.92%

Winner

KNTK

6.58%

5Y Dividends CAGR

TXNM

5.84%

Winner

KNTK

39.48%

5Y EPS CAGR

TXNM

18.51%

KNTK

N/A

Debt to Equity

TXNM

156.28%

Winner

KNTK

-230.95%

Free Cash Flow Yield

Winner

TXNM

9.50%

KNTK

1.70%

P/S Ratio

Winner

TXNM

2.87

KNTK

4.60

P/B Ratio

TXNM

1.81

Winner

KNTK

1.34

TXNM vs KNTK - Historical Returns

Returns include dividend reinvestment.

Period	TXNM	KNTK
1 month	-3.87%	+4.83%
3 months	-2.55%	+4.08%
6 months	-2.19%	+35.79%
1 year	+4.09%	+17.71%
5 years(CAGR)	+6.44%	+14.46%
10 years(CAGR)	+8.00%	-3.25%
Max(CAGR)	+9.61%	-3.25%

TXNM

-3.87%

Winner

KNTK

+4.83%

TXNM

-2.55%

Winner

KNTK

+4.08%

TXNM

-2.19%

Winner

KNTK

+35.79%

TXNM

+4.09%

Winner

KNTK

+17.71%

5Y(CAGR)

TXNM

+6.44%

Winner

KNTK

+14.46%

10Y(CAGR)

Winner

TXNM

+8.00%

KNTK

-3.25%

Max(CAGR)

Winner

TXNM

+9.61%

KNTK

-3.25%

TXNM vs KNTK - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	TXNM	KNTK
2026	-2.19%	+35.79%
2025	+24.27%	-34.36%
2024	+30.79%	+81.40%
2023	-12.36%	+11.85%
2022	+10.63%	+14.08%
2021	-3.30%	+46.26%
2020	+0.29%	-13.39%
2019	+29.16%	-62.66%
2018	+5.73%	-20.47%
2017	+22.03%	+0.10%
2016	+16.88%	N/A
2015	+5.93%	N/A
2014	+28.48%	N/A
2013	+17.64%	N/A
2012	+19.98%	N/A
2011	+42.36%	N/A
2010	+6.80%	N/A
2009	+26.38%	N/A
2008	-49.82%	N/A
2007	-28.96%	N/A
2006	+28.66%	N/A
2005	+1.11%	N/A
2004	+37.21%	N/A
2003	+24.12%	N/A
2002	-14.30%	N/A
2001	+11.11%	N/A
2000	+78.91%	N/A
1999	-7.83%	N/A

TXNM vs KNTK Drawdown Comparison

The maximum drawdown for TXNM was -80.02%, occurring on Mar 6, 2009. Recovery took 1724 trading sessions.

The maximum drawdown for KNTK was -95.36%, occurring on Oct 19, 2020. This drawdown has not yet recovered.

The current TXNM drawdown is -4.27%. The current KNTK drawdown is -30.44%.

Rank	TXNM	KNTK
#1	-80.02% Apr 25, 2007 - Feb 28, 2014	-95.36% Aug 14, 2018 - Oct 19, 2020
#2	-51.04% May 10, 2001 - Sep 16, 2004	-1.33% Oct 19, 2017 - Mar 7, 2018
#3	-46.35% Feb 18, 2020 - Nov 21, 2024	-1.22% Apr 25, 2018 - May 10, 2018
#4	-25.17% Nov 30, 2017 - Dec 11, 2018	-1.01% May 11, 2018 - Jun 20, 2018
#5	-22.79% Aug 3, 2005 - Nov 6, 2006	-0.72% Mar 7, 2018 - Apr 18, 2018
#6	-20.57% Dec 29, 2014 - Dec 23, 2015	-0.61% Jun 6, 2017 - Oct 19, 2017
#7	-17.98% Jul 1, 2014 - Nov 5, 2014	-0.40% Jul 23, 2018 - Aug 7, 2018
#8	-16.85% Nov 8, 2000 - Mar 30, 2001	-0.34% May 24, 2017 - Jun 2, 2017
#9	-14.91% Nov 1, 1999 - Apr 26, 2000	-0.31% Apr 18, 2018 - Apr 20, 2018
#10	-14.22% Apr 28, 2000 - Jul 20, 2000	-0.30% Jul 17, 2018 - Jul 23, 2018
#11	-13.00% Jul 6, 2016 - Feb 21, 2017	-0.20% Jul 5, 2018 - Jul 17, 2018
#12	-10.60% Dec 13, 2018 - Feb 22, 2019	-0.20% Aug 9, 2018 - Aug 13, 2018
#13	-10.22% Feb 21, 2025 - Mar 14, 2025	-0.10% Jun 2, 2017 - Jun 6, 2017
#14	-10.07% Mar 19, 2025 - May 19, 2025	N/A
#15	-9.86% Oct 4, 2019 - Jan 23, 2020	N/A

Correlation

Correlation between TXNM and KNTK is -0.13 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.13

-101

Dividend Comparison (2000 - 2026)

TXNM vs KNTK dividend yield comparison.

Year	TXNM	KNTK
2026	1.48%	3.39%
2025	2.77%	8.65%
2024	3.15%	5.34%
2023	3.53%	6.74%
2022	2.85%	6.80%
2021	2.87%	9.79%
2020	2.53%	0.00%
2019	2.29%	0.00%
2018	2.58%	0.00%
2017	2.40%	0.00%
2016	2.57%	0.00%
2015	2.62%	0.00%
2014	2.50%	0.00%
2013	2.65%	0.00%
2012	3.44%	0.00%
2011	2.74%	0.00%
2010	3.84%	0.00%
2009	3.95%	0.00%
2008	7.04%	0.00%
2007	4.24%	0.00%
2006	2.77%	0.00%
2005	3.14%	0.00%
2004	2.50%	0.00%
2003	3.24%	0.00%
2002	3.61%	0.00%
2001	2.86%	0.00%
2000	2.98%	0.00%