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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 NIeRpUOWLEaX+qswGDFtSn//7aWQ8c3Zct6umhwoSsCDXwJIp1NdBOanJ11GPE8Y
 qacwhzTuLVYQoQ+sRvz9gA==

<SEC-DOCUMENT>0001211198-03-000072.txt : 20030509
<SEC-HEADER>0001211198-03-000072.hdr.sgml : 20030509
<ACCEPTANCE-DATETIME>20030509114457
ACCESSION NUMBER:		0001211198-03-000072
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030509
FILED AS OF DATE:		20030509

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PNM RESOURCES INC
		CENTRAL INDEX KEY:			0001108426
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC SERVICES [4911]
		IRS NUMBER:				850019030
		STATE OF INCORPORATION:			NM
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		ALVARADO SQUARE
		STREET 2:		NEW MEXICO
		CITY:			ALBUQUERQUE
		STATE:			NM
		ZIP:			87158
		BUSINESS PHONE:		5052412700

	MAIL ADDRESS:	
		STREET 1:		ALVARADO SQUARE
		CITY:			ALBUQUERQUE
		STATE:			NM
		ZIP:			87158

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MANZANO CORP
		DATE OF NAME CHANGE:	20000303

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			STERBA JEFFRY  E
		CENTRAL INDEX KEY:			0001042959
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC & OTHER SERVICES COMBINED [4931]
		STATE OF INCORPORATION:			NM
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-32170
		FILM NUMBER:		03689448

	BUSINESS ADDRESS:	
		STREET 1:		ALVARADO SQUARE, MS 2806
		CITY:			ALBUQUERQUE
		STATE:			NM
		ZIP:			87158
		BUSINESS PHONE:		5052412750

	MAIL ADDRESS:	
		STREET 1:		ALVARADO SQUARE M S 2806
		CITY:			ALBUQUERQUE
		STATE:			NM
		ZIP:			87158
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>
    <schemaVersion>X0101</schemaVersion>

<documentType>4</documentType><periodOfReport>2003-05-09</periodOfReport>
<issuer><issuerCik>0001108426</issuerCik>
        <issuerName>PNM RESOURCES INC</issuerName>
<issuerTradingSymbol>PNM</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0001042959</rptOwnerCik>
            <rptOwnerName>STERBA JEFFRY  E</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
<reportingOwnerRelationship>
<isDirector>0</isDirector><isOfficer>1</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther><officerTitle>CHMN, PRES &amp;amp; CEO</officerTitle></reportingOwnerRelationship></reportingOwner><nonDerivativeSecurity><securityTitle><value>COMMON STOCK</value></securityTitle><transactionDate><value>2003-05-07</value></transactionDate><deemedExecutionDate><value>2003-05-09</value></deemedExecutionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>L</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>17.508</value></transactionShares><transactionValue><value>22.82</value></transactionValue><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>5425</value><footnoteId id="F1"/></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><va
lue>D</value></directOrIndirectOwnership><natureOfOwnership><value></value></natureOfOwnership></ownershipNature></nonDerivativeSecurity><footnotes><footnote id="F1">TOTAL INCLUDES 28 SHARES OF PNM RESOURCES COMMON STOCK ACQUIRED UNDER THE PNM DIVIDEND REINVESTMENT PLAN AND 3,713 SHARES ACQUIRED UNDER THE PNM RESOURCES, INC., 401(K) PLAN.  INFORMATION IN THIS REPORT IS BASED ON A PLANSTATEMENT DATED 04/30/03.</footnote></footnotes><ownerSignature><signatureName>JEFFRY E. STERBA</signatureName><signatureDate>2003-05-09</signatureDate></ownerSignature></ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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