MARKET COMPOSITE
AEP - American Electric Power Company Inc.8:00:00 PM 5/3/2024
Price
$88.60
+ 0.35 (0.40%)
American Electric Power , is a major investor-owned electric utility in the United States of America, delivering electricity to more than five million customers in 11 states.[citation needed] AEP ranks among the nation's largest generators of electricity, owning nearly 38,000 megawatts of generating capacity in the U.S. AEP also owns the nation's largest electricity transmission system, a nearly 39,000-mile network that includes 765 kilovolt ultra-high voltage transmission lines, more than all other U.S. transmission systems combined. AEP's transmission system directly or indirectly serves about 10 percent of the electricity demand in the Eastern Interconnection, the interconnected transmission system that covers 38 eastern and central U.S. states and eastern Canada, and approximately 11 percent of the electricity demand in the Electric Reliability Council of Texas, the transmission system that covers much of Texas.
Financials
Quarterly financials
(USD)Mar 2024Q/Q
Revenue5B+10%
Operating Income1.2B+88%
Operating Expenses3.9B-3%
Net Income1B-
Interest Expense435.6MM-5%
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Stock news

    American Electric Power (Nasdaq: AEP) issued the 2024 Corporate Sustainability Report, an annual assessment of its sustainable business practices, strategy, performance and impact. This report marks AEP's 18th year of providing a comprehensive view of AEP's progress as a business and community partner and highlights the company's longstanding commitment to stakeholder engagement, transparency and long-term value creation.

    Explore key insights from AEP's Q1 2024 earnings, including robust revenue growth, strategic regulatory filings, and forward-looking financial strategies.

    American Electric Power (Nasdaq: AEP) today reported first-quarter 2024 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $1 billion or $1.91 per share, compared with GAAP earnings of $397 million or $0.77 per share in first-quarter 2023. Operating earnings for first-quarter 2024 were $670 million or $1.27 per share, compared with operating earnings of $572 million or $1.11 per share in first-quarter 2023.

    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.

    If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

    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.

    American Electric Power (Nasdaq: AEP) was included in Forbes Best Employers for Diversity 2024 list.

    Should corporate executives’ pay be tied to climate-related goals? More company boards think so, as awareness grows that climate change could have an impact on corporate bottom lines. For starters, climate-related goals have to be firmly rooted in science, says David Larcker, a professor and director of the Corporate Governance Research Initiative at the Stanford Graduate School of Business.

    American Electric Power (Nasdaq: AEP) is one of six companies to earn the JUST Jobs Leader designation on the JUST Jobs Scorecard released today. The JUST Jobs Scorecard is a new, data-driven tool that helps companies prioritize investments in their employees.

    American Electric Power (Nasdaq: AEP) has completed the sale of its 50% interest in New Mexico Renewable Development, LLC (NMRD) to Exus North America Holdings, LLC (Exus). AEP nets approximately $104 million in cash after tax, transaction fees and other customary adjustments.