American Electric Power Company Inc.

$AEP
Electric Utilities: Central
Utilities

American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company generates electricity using coal and lignite, natural gas, nuclear, and hydroelectric, as well as solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. The company owns, leases, or controls approximately 3,016 railcars, 411 barges, 6 towboats, and a coal handling terminal with approximately 18 million tons of annual capacity. American Electric Power Company, Inc. was incorporated in 1906 and is headquartered in Columbus, Ohio.

IPO Year:

Exchange: NYSE

Website: aep.com

Recent Analyst Ratings for American Electric Power Company Inc.

DatePrice TargetRatingAnalyst
1/23/2025Neutral → Buy
Guggenheim
1/13/2025$98.00 → $104.00Underperform → Buy
BofA Securities
12/12/2024$109.00 → $102.00Overweight → Neutral
Analyst
12/12/2024$105.00 → $102.00Sector Outperform → Sector Perform
Scotiabank
9/20/2024$107.00Hold
Jefferies
8/6/2024$96.00 → $97.00Neutral → Underperform
BofA Securities
6/6/2024$73.00 → $86.00Sell → Neutral
Ladenburg Thalmann
3/11/2024$86.00 → $83.00Neutral → Sell
UBS
3/8/2024$75.50 → $73.00Neutral → Sell
Ladenburg Thalmann
2/28/2024$84.00 → $83.00Overweight → Equal Weight
Barclays
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American Electric Power Company Inc. Press Releases

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  • TETRA TECHNOLOGIES, INC. ANNOUNCES INTENT TO CONTINUE BOARD REFRESHMENT AT 2025 ANNUAL MEETING OF SHAREHOLDERS

    Also Discloses Receipt of Nomination Notice from Shareholder Brad Radoff Notes Shareholders Are Not Required to Take Any Action at This Time THE WOODLANDS, Texas, March 25, 2025 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI), a leader in delivering energy services and new energy solutions, today announced that it intends to continue the refreshment of its Board of Directors (the "Board") at the Company's 2025 Annual Meeting of Shareholders (the "Annual Meeting"). TETRA is Committed to Continued Board Refreshment That Supports Value Creation After retaining and working with a nationally recognized recruitment firm, TETRA plans to nominate Julie Sloat, the forme

    $AEP
    $TTI
    Electric Utilities: Central
    Utilities
    Oil & Gas Production
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  • AEP Announces Pricing of Common Stock Offering with a Forward Component

    COLUMBUS, Ohio, March 24, 2025 /PRNewswire/ -- American Electric Power (NASDAQ:AEP) today announced the pricing of a registered underwritten offering of 19,607,844 shares of its common stock at a price to the public of $102.00 per share. Subject to certain conditions, all shares are expected to be borrowed by the forward counterparties (as defined below) (or their respective affiliates) from third parties and sold to the underwriters and offered in connection with the forward sale agreements described below. Citigroup, Barclays, BofA Securities and Wells Fargo Securities are acting as lead book-running managers for this offering. Goldman Sachs & Co. LLC, J.P. Morgan, Mizuho, Morgan Stanley,

    $AEP
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  • AEP Announces Public Offering of Common Stock with a Forward Component

    COLUMBUS, Ohio, March 24, 2025 /PRNewswire/ -- American Electric Power (NASDAQ:AEP) today announced the commencement of a registered underwritten offering of $2,000,000,000 of shares of its common stock. Subject to certain conditions, all shares are expected to be borrowed by the forward counterparties (as defined below) (or their respective affiliates) from third parties and sold to the underwriters and offered in connection with the forward sale agreements described below. Citigroup and Barclays are acting as joint book-running managers for this offering. In connection with the offering, AEP expects to enter into forward sale agreements with each of Citibank, N.A. and Barclays Bank PLC (th

    $AEP
    Electric Utilities: Central
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  • Statement Regarding the FERC Complaint and Press Release Issued by the Kentucky Attorney General and Public Service Commission

    ASHLAND, Ky., March 13, 2025 /PRNewswire/ -- Kentucky Power President Cindy Wiseman issued the following statement in response to the complaint filed by Kentucky's Attorney General and the Public Service Commission with the Federal Energy Regulatory Commission March 12 and the associated news release: "Kentucky Power strongly disagrees with the claims made by the Attorney General and PSC and has demonstrated in previous commission proceedings that our customers benefit from transmission investments in Kentucky and the region. A strong transmission grid provides our customers and communities with increased reliability and access to low-cost generation resources. The claim that our rates are t

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    Electric Utilities: Central
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  • AEP Recognized as One of America's Best Large Employers

    COLUMBUS, Ohio, March 3, 2025 /PRNewswire/ -- American Electric Power (NASDAQ:AEP) was named on Forbes magazine's America's Best Large Employers 2025 list. AEP also placed seventh in the utilities category. "It is an honor to be recognized as one of America's best large employers and a top company in the utilities industry," said Bill Fehrman, AEP president and chief executive officer. "This honor is a testament to our commitment to empowering our employees and creating an environment where they can succeed. We strive for our employees to feel supported and valued." Forbes partnered with Statista to compile the list based on an independent survey from a sample of more than 217,000 workers in

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    Electric Utilities: Central
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  • AEP Affiliates Selected to Complete Approximately $1.7 Billion of Transmission Investments in PJM Region

    Transmission system upgrades approved by PJM BoardInvestments will improve reliability and deliver more power to meet growing demandCOLUMBUS, Ohio, Feb. 27, 2025  /PRNewswire/ -- American Electric Power (NASDAQ:AEP), and its competitive transmission affiliate Transource Energy, LLC1 (Transource Energy) will invest approximately $1.7 billion in transmission system upgrades to improve reliability and increase power availability in states throughout the PJM footprint including Indiana, Maryland, Ohio, Virginia, and West Virginia. The companies' proposals were selected by the PJM Board to address forecasted conditions that would create reliability concerns. "Energy demand is growing at a pace ou

    $AEP
    Electric Utilities: Central
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  • PJM selects regional transmission projects to be jointly developed by Dominion Energy, American Electric Power, FirstEnergy

    Companies will jointly develop transmission projects in Virginia, West Virginia and Maryland to reliably serve the region's growing power demand Needed transmission reliability investments will also increase the grid's resiliency and capacity to support new generation Projects are in the early stages of development, with more detailed plans for permitting, regulatory approvals and public participation expected in the coming months Regional grid operator PJM Interconnection has selected several electric transmission projects that will be jointly developed by Dominion Energy, American Electric Power Company through its Transource Energy affiliate and FirstEnergy Transmission, LLC ac

    $AEP
    $D
    $FE
    Electric Utilities: Central
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  • PJM selects regional transmission projects to be jointly developed by FirstEnergy, Dominion Energy, American Electric Power

    Companies will jointly develop transmission projects in Virginia, West Virginia and Maryland to reliably serve the region's growing power demand Needed transmission reliability investments will also increase the grid's resiliency and capacity to support new generation Projects are in the early stages of development, with more detailed plans for permitting, regulatory approvals and public participation expected in the coming months AKRON, Ohio, Feb. 27, 2025 /PRNewswire/ -- Regional grid operator PJM Interconnection has selected several electric transmission projects that will be jointly developed by FirstEnergy Transmission LLC, Dominion Energy and American Electric Power Company through it

    $AEP
    $D
    $FE
    Electric Utilities: Central
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  • Indiana Michigan Power Receives Order in Large Load Settlement

    FORT WAYNE, Ind., Feb. 19, 2025 /PRNewswire/ -- Indiana Michigan Power (I&M), an American Electric Power (NASDAQ:AEP) company, has received the Indiana Utility Regulatory Commission's (IURC) recent order regarding its large load tariff settlement filed in late 2024. The term "large load" refers to customers who require a substantial amount of energy to operate and maintain their operations, primarily including data centers and large industrial customers. The joint settlement with the Indiana Office of Utility Consumer Counselor (OUCC), Amazon Web Services (AWS), Microsoft, Google, the Data Center Coalition (DCC) and the Citizens Action Coalition (CAC) reinforces I&M's commitment to providing

    $AEP
    Electric Utilities: Central
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  • AEP Reports 2024 Earnings Results

    Year-end 2024 GAAP earnings of $5.60 per share; operating earnings of $5.62 per share representing a 7% increase over prior year2025 operating earnings (non-GAAP) guidance range reaffirmed at $5.75 to $5.95 per share with long-term EPS growth rate of 6% to 8% and FFO/Debt target of 14% to 15%Commercial load grew by 10.6% in 2024 driven by increased economic development in AEP's service territoryCompany well-positioned to execute historic five-year, $54 billion capital plan to benefit customers and drive growthCOLUMBUS, Ohio, Feb. 13, 2025 /PRNewswire/ -- American Electric Power (NASDAQ:AEP) today reported fourth-quarter 2024 earnings, prepared in accordance with Generally Accepted Accounting

    $AEP
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American Electric Power Company Inc. Analyst Ratings

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  • TETRA TECHNOLOGIES, INC. ANNOUNCES INTENT TO CONTINUE BOARD REFRESHMENT AT 2025 ANNUAL MEETING OF SHAREHOLDERS

    Also Discloses Receipt of Nomination Notice from Shareholder Brad Radoff Notes Shareholders Are Not Required to Take Any Action at This Time THE WOODLANDS, Texas, March 25, 2025 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI), a leader in delivering energy services and new energy solutions, today announced that it intends to continue the refreshment of its Board of Directors (the "Board") at the Company's 2025 Annual Meeting of Shareholders (the "Annual Meeting"). TETRA is Committed to Continued Board Refreshment That Supports Value Creation After retaining and working with a nationally recognized recruitment firm, TETRA plans to nominate Julie Sloat, the forme

    $AEP
    $TTI
    Electric Utilities: Central
    Utilities
    Oil & Gas Production
    Energy
  • AEP Names Seasoned Energy Executive Trevor Mihalik Executive Vice President & Chief Financial Officer

    COLUMBUS, Ohio, Jan. 7, 2025 /PRNewswire/ -- American Electric Power (NASDAQ:AEP) has named Trevor I. Mihalik executive vice president and chief financial officer effective Jan. 20. He will succeed Chuck Zebula, who will serve as senior advisor to the chief executive officer before retiring in March. Mihalik's previous experience includes roles as group president, CFO, controller and chief accounting officer at Sempra. He will report to Bill Fehrman, AEP president and chief executive officer. Mihalik will be responsible for AEP's accounting and tax, treasury and risk, corporat

    $AEP
    Electric Utilities: Central
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  • AEP Names Industry Veteran Bill Fehrman as President and Chief Executive Officer

    Fehrman is an accomplished leader with decades of industry experience and expertiseBenjamin G.S. Fowke III to serve as senior advisor during transition and remain a Board member COLUMBUS, Ohio, June 26, 2024 /PRNewswire/ -- American Electric Power's (NASDAQ:AEP) Board of Directors has elected William J. "Bill" Fehrman as president and chief executive officer, effective Aug. 1, 2024. Fehrman brings decades of utility operational leadership experience and in-depth knowledge of the energy industry. Most recently, he served as president and CEO of Centuri Holdings, where he helped

    $AEP
    Electric Utilities: Central
    Utilities
  • Centuri Announces Leadership Transition

    Bill Fehrman Will Be Stepping Down to Take CEO Role at American Electric Power Board Appoints Former Centuri Advisory Board Member Paul Caudill as Interim CEO Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri"), today announced Bill Fehrman will be stepping down as President and CEO to take the CEO role at American Electric Power (NASDAQ:AEP), one of the nation's largest publicly traded utility companies. He will continue in his role as President and CEO of Centuri until July 31, 2024. The Centuri Board has appointed Paul Caudill, former CEO of NV Energy, a Berkshire Hathaway Energy portfolio company, and Senior Advisor to the CEO and prior Centuri advisory board member, to succeed him as In

    $AEP
    $CTRI
    Electric Utilities: Central
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  • AEP Names Chris Brathwaite Chief Communications Officer

    COLUMBUS, Ohio, May 13, 2024 /PRNewswire/ -- American Electric Power (NASDAQ:AEP) has named Chris Brathwaite vice president and chief communications officer, effective today. He will report to Phil Ulrich, executive vice president and chief human resources officer. Brathwaite will have responsibility for enterprise-wide employee and external communications, reputation management, policy communications, marketing, brand management, digital communications, social media, analytics and creative services. "Chris brings to AEP an extensive career and track record of leading effective communications strategies for large and complex organizations," Ulrich said. "His expertise in public relations and

    $AEP
    Electric Utilities: Central
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  • AEP Announces CEO Transition

    AEP Board Member and Former Chairman and CEO of Xcel Energy, Benjamin G.S. Fowke III, Appointed Interim CEO & PresidentAEP Lead Director Sara Martinez Tucker Named Chair of the BoardCOLUMBUS, Ohio, Feb. 26, 2024 /PRNewswire/ -- American Electric Power (NASDAQ:AEP) today announced that Benjamin G.S. Fowke III, a member of the company's Board of Directors and the former chairman and CEO of Xcel Energy, Inc., has been appointed interim chief executive officer and president, effective immediately. Fowke succeeds Julie A. Sloat. The Board determined, based on discussions with Sloat

    $AEP
    Electric Utilities: Central
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  • AEP Appoints Two New Directors

    Company enters into an agreement with Icahn Capital L.P. COLUMBUS, Ohio, Feb. 12, 2024 /PRNewswire/ -- American Electric Power (NASDAQ:AEP) today announced that it has entered into an agreement with Icahn Capital L.P. and certain of its affiliates, under which Hunter C. Gary, senior managing director at Icahn Enterprises L.P., and Henry ("Hank") P. Linginfelter, retired executive vice president of Southern Company Gas, will join AEP's Board of Directors, effective today. Julie Sloat, AEP chair, president and chief executive officer, said, "On behalf of the Board, we welcome Hunter and Hank to AEP. Hunter's experience providing operational oversight as an investor and public company director

    $AEP
    Electric Utilities: Central
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  • AEP APPOINTS CHARLES E. ZEBULA CHIEF FINANCIAL OFFICER

    Company reaffirms 2023 operating earnings guidance range of $5.19 to $5.39 per share, long-term growth rate of 6% to 7% and FFO/Debt target of 14% to 15% COLUMBUS, Ohio, Oct. 2, 2023 /PRNewswire/ -- American Electric Power (NASDAQ:AEP) today announced the appointment of Charles E. Zebula as executive vice president and chief financial officer, effective immediately. Zebula previously served as AEP's executive vice president, Portfolio Optimization. He succeeds Ann P. Kelly, who is departing the company. "Chuck's deep understanding of our business, including his execution of la

    $AEP
    Electric Utilities: Central
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  • Eversource Energy Announces Appointment of Executive Vice President & Chief Operating Officer Paul Chodak III

    Position effective November 13, 2023 Eversource Energy (NYSE:ES) today announced that Paul Chodak has been elected as Executive Vice President and Chief Operating Officer, effective November 13, 2023. Chodak has worked at American Electric Power (NYSE:AEP) in Operations roles for 22 years. He has served as AEP's Executive Vice President of Generation since 2019 where he has been responsible for the safe and efficient operation and maintenance of AEP's regulated power plants, including wind, solar, and hydro facilities. Previously, he was the Executive Vice President of Utilities and led seven utility companies within AEP's footprint of 5 million customers in 11 states throughout the U.S

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  • Ameresco Announces Appointment of Charles R. Patton to Board of Directors

    New board appointment expands cleantech integrator's expertise in providing utility and corporate sustainability solutions Ameresco, Inc., (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the appointment of Charles R. Patton to its Board of Directors. Patton brings with him more than three decades of leading corporate sustainability initiatives, overseeing public policy and affairs, and enhancing business operations for a number of organizations across the industry. Patton served as the Executive Vice President, External Affairs of American Electric Power Company, Inc. (NASDAQ:AEP), one of the largest electric utility or

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American Electric Power Company Inc. Financials

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  • PJM selects regional transmission projects to be jointly developed by FirstEnergy, Dominion Energy, American Electric Power

    Companies will jointly develop transmission projects in Virginia, West Virginia and Maryland to reliably serve the region's growing power demand Needed transmission reliability investments will also increase the grid's resiliency and capacity to support new generation Projects are in the early stages of development, with more detailed plans for permitting, regulatory approvals and public participation expected in the coming months AKRON, Ohio, Feb. 27, 2025 /PRNewswire/ -- Regional grid operator PJM Interconnection has selected several electric transmission projects that will be jointly developed by FirstEnergy Transmission LLC, Dominion Energy and American Electric Power Company through it

    $AEP
    $D
    $FE
    Electric Utilities: Central
    Utilities
  • AEP Declares Quarterly Dividend on Common Stock

    COLUMBUS, Ohio, Jan. 21, 2025 /PRNewswire/ -- The Board of Directors of American Electric Power (NASDAQ:AEP) has declared a regular quarterly cash dividend of 93 cents per share on the company's common stock. The dividend is payable March 10, 2025, to shareholders of record as of Feb. 10, 2025, and is the company's 459th consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910. About AEPOur team at American Electric Power (NASDAQ:AEP) is committed to improving our customers' lives with reliable, affordable power. We are investing $54 billion from 2025 through 2029 to enhance service for customers and support the growing

    $AEP
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  • AEP Increases Quarterly Dividend to 93 Cents a Share

    COLUMBUS, Ohio, Oct. 22, 2024 /PRNewswire/ -- The Board of Directors of American Electric Power Co. (NASDAQ:AEP) today declared a regular quarterly cash dividend of 93 cents a share on the company's common stock, an increase of 5 cents per share. The dividend is payable Dec. 10, 2024, to shareholders of record as of Nov. 8, 2024, and is the company's 458th consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910. "AEP is strengthening our operations to deliver reliable, affordable energy for customers and results for investors," said Bill Fehrman, AEP president and chief executive officer. "Our nearly 115-year history of

    $AEP
    Electric Utilities: Central
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  • AEP DECLARES QUARTERLY DIVIDEND ON COMMON STOCK

    COLUMBUS, Ohio, July 24, 2024 /PRNewswire/ -- The Board of Directors of American Electric Power Co. (NASDAQ:AEP) has declared a regular quarterly cash dividend of 88 cents a share on the company's common stock. The dividend is payable Sept. 10, 2024, to shareholders of record as of Aug. 9, 2024, and is the company's 457th consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910. At American Electric Power, based in Columbus, Ohio, we understand that our customers and communities depend on safe, reliable and affordable power. Our nearly 16,000 employees operate and maintain more than 40,000 miles of transmission lines, th

    $AEP
    Electric Utilities: Central
    Utilities
  • AEP Schedules Live Webcast of Quarterly Earnings Call

    COLUMBUS, Ohio, April 29, 2024 /PRNewswire/ -- American Electric Power (NASDAQ:AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. ET Tuesday, April 30. The call will be broadcast live over the internet at http://www.aep.com/webcasts. The webcast will include audio of the call as well as visuals of charts and graphics referred to by AEP management during the call.  The call will be archived on http://www.aep.com/webcasts for use by those unable to listen to the live webcast. At American Electric Power, based in Columbus, Ohio, we understand that our customers and communities depend on safe, reliable and affordable power. Our nearly 17,000 employees opera

    $AEP
    Electric Utilities: Central
    Utilities
  • AEP DECLARES QUARTERLY DIVIDEND ON COMMON STOCK

    COLUMBUS, Ohio, April 23, 2024 /PRNewswire/ -- The Board of Directors of American Electric Power Co. (NASDAQ:AEP) today declared a regular quarterly cash dividend of 88 cents a share on the company's common stock. The dividend is payable June 10, 2024, to shareholders of record as of May 10, 2024, and is the company's 456th consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910. At American Electric Power, based in Columbus, Ohio, we understand that our customers and communities depend on safe, reliable and affordable power. Our nearly 17,000 employees operate and maintain more than 40,000 miles of transmission lines,

    $AEP
    Electric Utilities: Central
    Utilities
  • AEP Schedules Live Webcast of Quarterly Earnings Call

    COLUMBUS, Ohio, Feb. 21, 2024 /PRNewswire/ -- American Electric Power (NASDAQ:AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. ET Tuesday, Feb. 27. The call will be broadcast live over the internet at http://www.aep.com/webcasts. The webcast will include audio of the call as well as visuals of charts and graphics referred to by AEP management during the call.  The call will be archived on http://www.aep.com/webcasts for use by those unable to listen to the live webcast. At American Electric Power, based in Columbus, Ohio, we understand that our customers and communities depend on safe, reliable and affordable power. Our nearly 17,000 employees operate

    $AEP
    Electric Utilities: Central
    Utilities
  • AEP DECLARES QUARTERLY DIVIDEND ON COMMON STOCK

    COLUMBUS, Ohio, Jan. 19, 2024 /PRNewswire/ -- The Board of Directors of American Electric Power Co. (NASDAQ:AEP) today declared a regular quarterly cash dividend of 88 cents a share on the company's common stock. The dividend is payable March 8, 2024, to shareholders of record as of Feb. 9, 2024, and is the company's 455th consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910. At American Electric Power, based in Columbus, Ohio, we understand that our customers and communities depend on safe, reliable and affordable power. Our nearly 17,000 employees operate and maintain more than 40,000 miles of transmission lines, t

    $AEP
    Electric Utilities: Central
    Utilities
  • AEP SCHEDULES LIVE WEBCAST OF QUARTERLY EARNINGS CALL

    COLUMBUS, Ohio, July 24, 2023 /PRNewswire/ -- American Electric Power (NASDAQ:AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. ET Thursday, July 27. The call will be broadcast live over the internet at http://www.aep.com/webcasts. The webcast will include audio of the call as well as visuals of charts and graphics referred to by AEP management during the call.  The call will be archived on http://www.aep.com/webcasts for use by those unable to listen to the live webcast. American Electric Power, based in Columbus, Ohio, is powering a cleaner, brighter energy future for its customers and communities. AEP's approximately 17,000 employees operate and mai

    $AEP
    Electric Utilities: Central
    Utilities
  • AEP DECLARES QUARTERLY DIVIDEND ON COMMON STOCK

    COLUMBUS, Ohio, July 18, 2023 /PRNewswire/ -- The Board of Directors of American Electric Power Co. (NASDAQ:AEP) today declared a regular quarterly cash dividend of 83 cents a share on the company's common stock. The dividend is payable Sept. 8, 2023, to shareholders of record as of Aug. 10, 2023, and is the company's 453rd consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910. American Electric Power, based in Columbus, Ohio, is powering a cleaner, brighter energy future for its customers and communities. AEP's approximately 17,000 employees operate and maintain the nation's largest electricity transmission system an

    $AEP
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American Electric Power Company Inc. Large Ownership Changes

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