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American Electric Power Company Inc (AEP)

AEP on New York Consolidated

66.08USD
22 Feb 2018
Change (% chg)

$0.50 (+0.76%)
Prev Close
$65.58
Open
$65.74
Day's High
$66.21
Day's Low
$65.43
Volume
787,283
Avg. Vol
2,881,215
52-wk High
$78.07
52-wk Low
$63.32

Latest Key Developments (Source: Significant Developments)

PNM Resources Revises 2018 And 2019 Earnings Guidance
Tuesday, 20 Feb 2018 04:30pm EST 

Feb 20 (Reuters) - PNM Resources Inc ::PNM RESOURCES REVISES 2018 AND 2019 EARNINGS GUIDANCE.SEES FY 2019 EARNINGS PER SHARE $2.04 TO $2.16 FROM CONTINUING OPERATIONS.SEES FY 2018 EARNINGS PER SHARE $1.82 TO $1.92 FROM CONTINUING OPERATIONS.FY2017 EARNINGS PER SHARE VIEW $1.88 -- THOMSON REUTERS I/B/E/S.PNM RESOURCES - REVISED ITS 2018, 2019 EARNINGS GUIDANCE TO REFLECT FINALIZATION OF PNM'S RETAIL RATE SETTLEMENT PHASE-IN, ADJUSTED FOR TAX REFORM.PNM RESOURCES REITERATES ITS TARGETED EARNINGS GROWTH OF 6 PERCENT THROUGH 2021.  Full Article

AEP to fuel 5 to 7 pct earnings growth with investments in regulated business and renewables
Friday, 3 Nov 2017 05:30pm EDT 

Nov 3 (Reuters) - American Electric Power Company Inc :AEP to fuel 5 to 7 percent earnings growth with investments in regulated business and renewables; raises capex.Reaffirms FY 2018 operating earnings per share view $3.75 to $3.95 excluding items.Reaffirms FY 2017 operating earnings per share view $3.55 to $3.68.American Electric Power Company Inc - ‍plans to invest $18.2 billion in capital from 2018 through 2020​.American Electric Power - ‍expects to invest $1.8 billion in new renewable generation from 2018 through 2020.  Full Article

AEP Ohio requests proposals for solar energy resources
Wednesday, 18 Oct 2017 01:41pm EDT 

Oct 18 (Reuters) - American Electric Power Company Inc :Says ‍AEP Ohio is seeking proposals for up to 400 megawatts of solar energy resources; proposals are due Dec. 18.  Full Article

AEP Ohio and numerous parties reach agreement offering customers rate stability through 2024
Monday, 28 Aug 2017 08:00am EDT 

Aug 28 (Reuters) - American Electric Power Company Inc :AEP Ohio - AEP Ohio, an american electric power co, has filed a settlement with public utilities commission of Ohio addressing co's electric security plan.AEP Ohio - Agreement addresses elements of ESP such as electric vehicle charging, renewable generation and distribution grid reliability through 2024.  Full Article

American Electric Power reports Q2 revenue $3.6 bln vs $3.9 bln
Thursday, 27 Jul 2017 06:57am EDT 

July 27 (Reuters) - American Electric Power Company Inc :Qtrly revenue $3.6 billion versus $3.9 billion.Q2 operating earnings per share $0.75.Q2 GAAP earnings per share $0.76.Reaffirms full-year earnings guidance.Reaffirms FY 2017 operating earnings per share view $3.55 to $3.75.Q2 earnings per share view $0.82 -- Thomson Reuters I/B/E/S.Sees Q2 2017 operating earnings per share $0.75.Sees Q2 2017 GAAP earnings per share $0.76.Estimated EPS on a GAAP basis $3.80 to $4.00 in 2017.FY operating EPS guidance $3.55 to $3.75.  Full Article

American Electric Power reports Q2 GAAP earnings per share $0.76
Thursday, 27 Jul 2017 06:57am EDT 

July 27 (Reuters) - American Electric Power Company Inc ::AEP reports second-quarter 2017 earnings; reaffirms full-year earnings guidance.Reports Q2 2017 operating earnings per share $0.75.Reports Q2 2017 GAAP earnings per share $0.76.Quarterly revenue $3.6 billion versus $3.9 billion.Q2 earnings per share view $0.82 -- Thomson Reuters I/B/E/S.Reaffirms FY 2017 operating earnings per share view $3.55 to $3.75.Estimates 2017 EPS on a GAAP basis $3.80 to $4.00.Sees FY operating EPS guidance of $3.55 to $3.75.  Full Article

American Electric Power Company says seeking offers for supply of powder river basin coal
Tuesday, 16 May 2017 03:40pm EDT 

May 16 (Reuters) - American Electric Power Company Inc :American Electric Power Company Inc - is seeking offers for supply of powder river basin coal to one or more of its generating stations.American Electric Power - seeking spot delivery proposals for up to 2.25 million tons of PRB coal, FOB rail , beginning in July 2017 and ending in Dec 2017.  Full Article

American Electric says Vice Chairman Robert Powers indicated his intention to retire, effective Aug 4
Monday, 27 Feb 2017 04:51pm EST 

American Electric Power Company Inc : American electric power company - on feb 21, robert powers, co's vice chairman indicated his intention to retire from co effective aug 4 - sec filing .Powers will remain vice chairman of company until his retirement.  Full Article

AEP and Dynegy to transfer ownership of co-owned power plants
Thursday, 23 Feb 2017 05:05pm EST 

American Electric Power Company Inc : AEP and Dynegy to transfer ownership of co-owned power plants . Signed agreements to sell AEP's 330-megawatt (mw) share of zimmer plant to Dynegy . Agreements to purchase dynegy's 312-mw share of Conesville Plant . "There will be no employment impact from ownership transfers" . After transaction is complete, AEP would own 92 percent, or 1,461 mw, of conesville plant; 595 mw of cardinal plant . After transaction is complete, aep would own 603 mw of stuart plant and 48 mw racine plant .Transactions will not have a material impact on AEP earnings.  Full Article

American Electric Power announces retirement of Vice Chairman
Tuesday, 21 Feb 2017 03:00pm EST 

American Electric Power Company Inc : Robert P. (Bob) Powers, Vice Chairman, will retire from company .There are no current plans to fill vice chair position after Powers' retirement.  Full Article

BRIEF-AEP Outlines Strategy To Cut Carbon Dioxide Emissions

* AMERICAN ELECTRIC POWER COMPANY - STRATEGY TO CUT CARBON DIOXIDE EMISSIONS 60 PERCENT FROM 2000 LEVELS BY 2030; 80 PERCENT FROM 2000 LEVELS BY 2050 Source text for Eikon: Further company coverage: