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American Electric Power Company Inc (AEP.N)

AEP.N on New York Stock Exchange

91.07USD
21 Nov 2019
Change (% chg)

$-0.39 (-0.43%)
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Latest Key Developments (Source: Significant Developments)

AEP To Continue Investment In Regulated Businesses And Renewables
Saturday, 9 Nov 2019 

Nov 8 (Reuters) - American Electric Power Company Inc ::AEP TO CONTINUE INVESTMENT IN REGULATED BUSINESSES AND RENEWABLES, REAFFIRMS OPERATING EARNINGS GROWTH RATE OF 5% TO 7%.AMERICAN ELECTRIC POWER COMPANY - REAFFIRMED 2020 OPERATING EARNINGS (EARNINGS EXCLUDING SPECIAL ITEMS) GUIDANCE RANGE OF $4.25 TO $4.45 PER SHARE.AMERICAN ELECTRIC POWER COMPANY - REAFFIRMED PROJECTED ANNUAL OPERATING EARNINGS GROWTH RATE OF 5% TO 7%.AMERICAN ELECTRIC POWER COMPANY - PLANS TO INVEST $33 BILLION IN CAPITAL FROM 2020 THROUGH 2024.AMERICAN ELECTRIC POWER COMPANY - CAPITAL PLAN OUTLINES A $25.7 BILLION INVESTMENT IN TRANSMISSION & DISTRIBUTION OPERATIONS TO UPDATE INFRASTRUCTURE.AMERICAN ELECTRIC POWER CO - HAS $2.3 BILLION IN RENEWABLE GENERATION IN CAPITAL PLAN, INCLUDING ABOUT $2.1 BILLION FOR CONTRACTED RENEWABLE PROJECTS.  Full Article

Aep Reports Q3 Earnings, Raises And Narrows Full-Year Earnings Guidance Range
Thursday, 24 Oct 2019 

Oct 24 (Reuters) - American Electric Power Company Inc ::AEP REPORTS STRONG THIRD-QUARTER 2019 EARNINGS, RAISES AND NARROWS FULL-YEAR EARNINGS GUIDANCE RANGE.Q3 GAAP EARNINGS PER SHARE $1.49.Q3 OPERATING EARNINGS PER SHARE $1.46.SEES FY 2019 NON-GAAP OPERATING EARNINGS PER SHARE $4.14 TO $4.24.RAISES AND NARROWS FULL-YEAR OPERATING EARNINGS (NON-GAAP) GUIDANCE RANGE TO $4.14 TO $4.24 PER SHARE.QTRLY REVENUE $4.3 BILLION VERSUS $4.3 BILLION.SEES FY 2019 ESTIMATED EPS ON A GAAP BASIS $4.07 TO $4.17.Q3 EARNINGS PER SHARE VIEW $1.32, REVENUE VIEW $4.71 BILLION -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $4.15, REVENUE VIEW $16.41 BILLION -- REFINITIV IBES DATA.  Full Article

American Electric Power Increases Qtrly Dividend To 70 Cents/Share
Tuesday, 22 Oct 2019 

Oct 22 (Reuters) - American Electric Power Company Inc ::AEP INCREASES QUARTERLY DIVIDEND TO 70 CENTS A SHARE.SETS QUARTERLY DIVIDEND OF $0.70PER SHARE.  Full Article

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

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