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American Electric Power Company Inc (AEP.N)

AEP.N on New York Stock Exchange

93.18USD
20 Sep 2019
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Latest Key Developments (Source: Significant Developments)

AEP Accelerates Carbon Dioxide Emissions Reduction Target
Tuesday, 10 Sep 2019 

Sept 10 (Reuters) - American Electric Power Company Inc ::AEP ACCELERATES CARBON DIOXIDE EMISSIONS REDUCTION TARGET.AMERICAN ELECTRIC POWER COMPANY INC - CO IS CONFIDENT THAT IT WILL CUT CARBON DIOXIDE EMISSIONS BY MORE THAN 80 PERCENT FROM 2000 LEVELS BY 2050.AMERICAN ELECTRIC POWER-CUTTING CARBON DIOXIDE EMISSIONS FASTER THAN ANTICIPATED,HAS REVISED ITS 2030 REDUCTION TARGET TO 70% FROM 2000 LEVELS.  Full Article

American Electric Power Q2 GAAP Earnings $0.93 Per Share
Thursday, 25 Jul 2019 

July 25 (Reuters) - American Electric Power Company Inc ::AEP REPORTS SECOND-QUARTER 2019 EARNINGS, REAFFIRMS FULL-YEAR EARNINGS GUIDANCE.SECOND-QUARTER 2019 GAAP EARNINGS OF $0.93 PER SHARE.SECOND-QUARTER 2019 OPERATING EARNINGS OF $1.00 PER SHARE.QTRLY REVENUE $3.6 BILLION VERSUS $4 BILLION.Q2 EARNINGS PER SHARE VIEW $0.97, REVENUE VIEW $4.03 BILLION -- REFINITIV IBES DATA.  Full Article

AEP Receives Approval To Modify New Source Review Consent Decree
Thursday, 18 Jul 2019 

July 18 (Reuters) - American Electric Power Company Inc ::AEP RECEIVES APPROVAL TO MODIFY NEW SOURCE REVIEW CONSENT DECREE.AMERICAN ELECTRIC POWER COMPANY INC - MODIFICATION WILL ACCELERATE EMISSION REDUCTIONS.AMERICAN ELECTRIC POWER COMPANY INC - MODIFICATION WILL ELIMINATE A REQUIREMENT TO INSTALL EXPENSIVE EMISSION REDUCTION EQUIPMENT AT ROCKPORT PLANT.AMERICAN ELECTRIC POWER - INDIANA MICHIGAN POWER OPERATING UNIT WILL OPERATE ENHANCED DRY SORBENT INJECTION EQUIPMENT ON BOTH GENERATING UNITS IN 2021.AMERICAN ELECTRIC POWER COMPANY INC - INDIANA MICHIGAN POWER WILL OPERATE SELECTIVE CATALYTIC REDUCTION TO REDUCE NOX EMISSIONS FROM ROCKPORT UNIT 2 BY JUNE 1, 2020.AMERICAN ELECTRIC POWER COMPANY INC - AEP WILL RETIRE ROCKPORT UNIT 1 BY END OF 2028..AMERICAN ELECTRIC POWER COMPANY INC - AEP ALSO WILL CUT ANNUAL SO2 EMISSIONS FROM ITS COAL-FUELED PLANTS IN MIDWEST TO 89,000 TONS PER YEAR BY 2029.  Full Article

American Electric Power Company Reports First-Quarter Earnings Of $1.16 Per Share
Thursday, 25 Apr 2019 

April 25 (Reuters) - American Electric Power Company Inc ::AEP REPORTS SOLID 2019 FIRST-QUARTER EARNINGS.COMPANY REAFFIRMS 2019 OPERATING EARNINGS GUIDANCE.FIRST-QUARTER 2019 EARNINGS $1.16 PER SHARE GAAP AND $1.19 PER SHARE OPERATING.FIRST-QUARTER 2019 EARNINGS $1.16 PER SHARE.QTRLY REVENUE $4.1 BILLION VERSUS $4.0 BILLION.EXPECT GROWTH IN OIL AND GAS SECTOR TO CONTINUE THROUGHOUT 2019.Q1 EARNINGS PER SHARE VIEW $1.11, REVENUE VIEW $4.21 BILLION -- REFINITIV IBES DATA.  Full Article

American Electric Power Files Prospectus Supplement Related To Offering Of 14 MLn Equity Units
Tuesday, 19 Mar 2019 

March 18 (Reuters) - American Electric Power Company Inc ::AMERICAN ELECTRIC POWER FILES PROSPECTUS SUPPLEMENT RELATED TO OFFERING OF 14 MILLION EQUITY UNITS - SEC FILING.  Full Article

Sempra Energy To Sell Us Wind Assets To American Electric Power
Wednesday, 13 Feb 2019 

Feb 12 (Reuters) - Sempra Energy ::PRESS RELEASE - SEMPRA ENERGY TO SELL US WIND ASSETS TO AMERICAN ELECTRIC POWER.SEMPRA ENERGY - DEAL FOR $551 MILLION IN CASH.SEMPRA ENERGY - SELLING ITS REMAINING WIND OPERATING AND DEVELOPMENT ASSETS TO AMERICAN ELECTRIC POWER.SEMPRA ENERGY - AEP ALSO WILL ACQUIRE ALL OF SEMPRA RENEWABLES WIND PROJECTS CURRENTLY IN DEVELOPMENT.SEMPRA ENERGY - SALE IS EXPECTED TO BE COMPLETED IN Q2 OF 2019.SEMPRA ENERGY - SALE TO AEP COMPRISES ABOUT 724 MEGAWATTS OF CAPACITY IN SEMPRA ENERGY'S NON-UTILITY U.S. RENEWABLES PORTFOLIO.  Full Article

AEP Declares Quarterly Dividend Of $0.67/Shr
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - American Electric Power Company Inc ::AEP INCREASES QUARTERLY DIVIDEND 8.1 PERCENT TO 67 CENTS A SHARE.SETS QUARTERLY DIVIDEND OF $0.67PER SHARE.  Full Article

ERCOT Hits All-Time Peak Demand Record Reaching 72,192 MW
Thursday, 19 Jul 2018 

July 19 (Reuters) - THE ELECTRIC RELIABILITY COUNCIL OF TEXAS (ERCOT)::TEXAS SETS NEW ALL-TIME PEAK DEMAND RECORD REACHING 72,192 MW BETWEEN 4 AND 5 P.M. ON WEDNESDAY DURING A HEAT WAVE.  Full Article

American Electric Power Seeks Bids For Coal
Monday, 2 Apr 2018 

April 2 (Reuters) - American Electric Power Company Inc ::AMERICAN ELECTRIC POWER SEEKS BIDS FOR COAL.PROPOSAL PACKAGES MUST BE RECEIVED BY AEP NO LATER THAN 5 P.M. APRIL 9, 2018.  Full Article

PNM Resources Revises 2018 And 2019 Earnings Guidance
Wednesday, 21 Feb 2018 

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

FirstEnergy Solutions says will work with Ohio on nuclear bailout

July 1 FirstEnergy Solutions said on Monday it hopes Ohio lawmakers will pass a bill by July 17 to prevent the early closure of the state's two nuclear power reactors but cannot buy fuel for the units at this time without legislative certainty. FirstEnergy Solutions, a bankrupt subsidiary of Ohio energy company FirstEnergy Corp , had said it would shut the Davis-Besse and Perry reactors on Lake Erie in 2020 and 2021 if it did not get some financial help from the state f