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American Electric Power Company Inc (AEP)

AEP on New York Consolidated

70.77USD
22 Sep 2017
Change (% chg)

$-0.68 (-0.95%)
Prev Close
$71.45
Open
$70.90
Day's High
$71.43
Day's Low
$70.68
Volume
1,341,363
Avg. Vol
2,419,222
52-wk High
$74.59
52-wk Low
$57.89

Latest Key Developments (Source: Significant Developments)

American Electric Power Q2 GAAP earnings per share $1.02
Thursday, 28 Jul 2016 06:57am EDT 

American Electric Power Company Inc : AEP reports strong 2016 second-quarter gaap and operating earnings . Q2 GAAP earnings per share $1.02 . Q2 earnings per share view $0.90 -- Thomson Reuters I/B/E/S . Qtrly revenue $3.9 billion versus $3.8 billion . Q2 revenue view $4.01 billion -- Thomson Reuters I/B/E/S . Q2 operating earnings per share $0.95 . Full-year 2016 earnings per share view $3.67 -- Thomson Reuters I/B/E/S . Reaffirms full-year 2016 operating earnings per share view $3.60 to $3.80 .2016 estimated earnings per share on a gaap basis would be $3.67 to 3.87 per share.  Full Article

American Electric Power restructures two existing $1.75 bln credit agreements
Thursday, 30 Jun 2016 03:16pm EDT 

American Electric Power Company Inc : On June 30, restructured two existing $1.75 billion credit agreements to consist of 5-year $3 billion facility and 2-year $500 million facility .AEP entered into a $3 billion fourth amended and restated credit agreement, dated June 30, 2016.  Full Article

American Electric Power Company Inc reaffirms FY 2016 EPS guidance
Thursday, 28 Apr 2016 06:57am EDT 

American Electric Power Company Inc:Reaffirms FY 2016 operating earnings guidance range of $3.60 to $3.80 per share.  Full Article

American Electric Power Company Inc declares quarterly dividend on common stock
Tuesday, 26 Apr 2016 12:33pm EDT 

American Electric Power Company Inc:Declared a regular quarterly cash dividend of 56 cents a share on the company's common stock.Dividend is payable June 10 to shareholders of record date as of May 10, 2016.  Full Article

American Electric Power Company Inc - Norway's $863 billion wealth fund bans 52 coal-linked firms - Reuters News
Thursday, 14 Apr 2016 11:38am EDT 

American Electric Power Company Inc:Norway's $863 billion sovereign wealth fund, said on Thursday it had sold shares in 52 coal-dependent companies from its portfolio as part of a policy to fight climate change.A Reuters calculation showed the stakes sold were worth at least $1 billion at the end of 2014, before the fund started big divestments from coal.The biggest holdings included a $188 million stake in CLP Holdings.The fund listed U.S. firms American Electric Power Co Inc AEP.N, AES Corp AES.N and Allete Inc ALE.N among the firms, along with China Coal Energy Co Ltd 601898.SS and Coal India COAL.NS, the world's biggest coal miner by output.Global coal producer Peabody Energy Corp BTU.N, which filed for bankruptcy on Wednesday, was also on the list.The fund sent letters to the companies, but only five responded, it said in a statement. The fund declined to give an overall value of its divestments so far.The fund has a range of ethics criteria for excluding firms from its portfolio, including severe environmental damage, nuclear weapons making, tobacco production and certain labour conditions.  Full Article

American Electric Power Company Inc raises FY 2015 EPS guidance
Thursday, 22 Oct 2015 06:57am EDT 

American Electric Power Company Inc:Says FY 2015 operating earnings guidance range increased and narrowed to $3.67 to $3.77 per share from $3.50 to $3.65 per share.  Full Article

American Electric Power Company increases quarterly dividend to 56 cents a share
Tuesday, 20 Oct 2015 10:33am EDT 

American Electric Power Company:Declared a regular quarterly cash dividend of 56 cents a share on the company's common stock, increasing the dividend 5.7 percent from the previous 53 cents a share.Dividend is payable Dec. 10 to shareholders of record as of Nov. 10.  Full Article

BRIEF-American Electric Power seeks bids for coal

* ‍Seeking delivery proposals for up to 500,000 tons of CSX rail coal, beginning in January 2018 and ending in December 2018​