-----BEGIN PRIVACY-ENHANCED MESSAGE-----
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,
 PBKewxc+7HMo/ucrsagWBAWZK4J4nubuT0FqyM7HqPKJrOXThQ8xTAy0ahgPHr3V
 mf8az+fbW/ReUzy2MNoMiQ==

<SEC-DOCUMENT>0001211198-03-000080.txt : 20030514
<SEC-HEADER>0001211198-03-000080.hdr.sgml : 20030514
<ACCEPTANCE-DATETIME>20030514172747
ACCESSION NUMBER:		0001211198-03-000080
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030514
FILED AS OF DATE:		20030514

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:			GODWIN JOYCE A
		CENTRAL INDEX KEY:			0001042963
		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:		03700323

	BUSINESS ADDRESS:	
		STREET 1:		904 BRAZOS PLACE SE
		CITY:			ALBUQUERQUE
		STATE:			NM
		ZIP:			87123
		BUSINESS PHONE:		5052412750

	MAIL ADDRESS:	
		STREET 1:		904 BRAZOS PL SE
		CITY:			ALBUQUERQUE
		STATE:			NM
		ZIP:			87123
</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>2003-05-14</periodOfReport>
<issuer><issuerCik>0001108426</issuerCik>
        <issuerName>PNM RESOURCES INC</issuerName>
<issuerTradingSymbol>PNM</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0001042963</rptOwnerCik>
            <rptOwnerName>GODWIN JOYCE A</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
<reportingOwnerRelationship>
<isDirector>1</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><derivativeSecurity><securityTitle><value>OPTIONS</value></securityTitle><conversionOrExercisePrice><value>24.07</value></conversionOrExercisePrice><transactionDate><value>2003-05-13</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>A</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>5000</value></transactionShares><transactionValue><value>24.07</value></transactionValue><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>2004-05-13</value></exerciseDate><expirationDate><value>2013-05-13</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>COMMON STOCK</value></underlyingSecurityTitle><underlyingSecurityShares><value>5000</value></un
derlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>21000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value></value></natureOfOwnership></ownershipNature></derivativeSecurity><footnotes/><ownerSignature><signatureName>JOYCE A. GODWIN</signatureName><signatureDate>2003-05-14</signatureDate></ownerSignature></ownershipDocument>

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