PNM Resources (PNM Resources) Total Gas Pipeline Miles : 0.00 (As of Sep. 2023)

PNM Resources Total Gas Pipeline Miles Chart

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Competitive Comparison of PNM Resources's Total Gas Pipeline Miles

For the Utilities - Regulated Electric subindustry, PNM Resources's Total Gas Pipeline Miles, along with its competitors' market caps and Total Gas Pipeline Miles data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PNM Resources  (NYSE:PNM) Total Gas Pipeline Miles Explanation

A Gas Pipeline is a pipe used to transport gas from gas wells to the processing units and then to a distribution system. Natural gas is directly delivered to homes or businesses through a broad network of Gas Pipelines. The Gas Pipelines are not only used to transport the gas in the local areas but also across international borders, as they are very useful to the countries that produce gas for export to other countries.

Longer gas pipeline miles indicate a larger area/ more customers the company would cover, which might lead to a higher gas consumption and a higher revenue.

The pipelines have three different forms and each of them serves a different purpose within its network:
• Pipelines with small diameters are used to transport the gas at low pressure from the wells to the processing units.
• Interstate, intrastate and international transmission pipelines are used to transport the gas with high-pressure from the processing units to the areas they are required to be transported. When gas is transported through these long pipelines, it is required to be passed through pumping stations to maintain the high pressure.
• Distribution pipelines are used to transport the gas through smaller pipes to the users.

PNM Resources Total Gas Pipeline Miles Related Terms

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PNM Resources (PNM Resources) Business Description