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American Electric Power owns more than 36,000 megawatts of generating capacity in the United States and is the nation's largest electricity generator. AEP is also one of the largest electric utilities in the United States, with more than 5 million custome



Copyright: Copyright 2005, American Electric Power. All Rights Reserved.
 



AEP Names Llende Vice President, Tax

Tue, 7 Nov 2017 00:00:00 EST

James X. Llende will join American Electric Power Nov. 9 as vice president, Tax, with responsibility for AEP 's federal, state and local tax compliance, tax audit, tax accounting and tax planning functions. He will replace Mark Pyle, who will retire from the company Jan. 28, 2018. Llende, 49, is currently senior tax director at NextEra Energy Inc. He will report to Joseph Buonaiuto, senior vice president, controller and chief accounting officer.



AEP To Fuel 5 To 7 Percent Earnings Growth With Investments In Regulated Business And Renewables; Raises CapEx

Fri, 3 Nov 2017 00:00:00 EST

American Electric Power is increasing capital investment in its regulated operations and new, renewable generation over the next three years to provide more advanced, cleaner energy solutions for its customers. The company reaffirmed its 2018 operating earnings (earnings excluding special items) guidance range of $3.75 to $3.95 per share and its projected operating earnings growth rate of 5 to 7 percent. The company also reaffirmed its narrowed 2017 operating earnings guidance of $3.55 to $3.68 per share. AEP management will discuss the company's financial outlook and earnings growth strategy at the annual Edison Electric Institute Financial Conference that begins Sunday in Lake Buena Vista, Florida.



AEP Announces Live Webcast Of Presentation By Chief Executive Officer At EEI Financial Conference Nov. 7

Thu, 2 Nov 2017 00:00:00 EST

American Electric Power has scheduled a live audio webcast of remarks by AEP Chairman, President and Chief Executive Officer Nicholas K. Akins Nov. 7 at the 52nd annual Edison Electric Institute Financial Conference in Lake Buena Vista, Florida.



AEP Reports Third-Quarter 2017 Earnings; Narrows Full-Year Operating Earnings (Non-GAAP) Guidance Range to $3.55 to $3.68 Per Share

Thu, 26 Oct 2017 00:00:00 EST

  • Third-quarter 2017 GAAP earnings of $1.11 per share; third-quarter 2017 operating earnings of $1.10 per share
  • Company reaffirms 2018 GAAP and operating earnings guidance range of $3.75 to $3.95 per share
  • Company reaffirms 5 to 7 percent operating earnings growth rate



American Electric Power Increases Quarterly Dividend To 62 Cents A Share

Tue, 24 Oct 2017 00:00:00 EST

COLUMBUS, Ohio, Oct. 24, 2017 - The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 62 cents a share on the company's common stock, an increase of 5.1 percent from the previous 59 cents a share. AEP last increased its dividend in October 2016.



AEP Schedules Live Webcast of Quarterly Earnings Call

Fri, 20 Oct 2017 00:00:00 EST

AEP has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. EDT Thursday, Oct. 26. The call will be broadcast live over the internet at http://www.aep.com/webcasts.



AEP Expands Quality Sites Portfolio for Business Development

Tue, 3 Oct 2017 00:00:00 EST

American Electric Power has announced the addition of 16 new industrial properties to its Quality Sites Program, which identifies optimal project-ready sites for customer development across its 11-state territory. The sites have undergone extensive evaluation to ensure they meet AEP's stringent readiness standards intended to minimize overall site location risk, save time and reduce site development costs.



AEP Generation Resources Seeks Bids For Limestone

Wed, 27 Sep 2017 00:00:00 EST

AEP Generation Resources Inc. (AEPGR), a competitive generation subsidiary of American Electric Power Company (NYSE: AEP) today issued a request for proposal (RFP) for the supply of limestone to Cardinal and Conesville power plants.



Cardinal Operating Company to Hold Gypsum Auction Oct. 4

Fri, 22 Sep 2017 00:00:00 EST

Cardinal Operating Company, operator of the Cardinal Power Plant, located near Brilliant, Ohio (Ohio River Mile Post 76.6), will be conducting an email auction on Oct. 4, 2017 for 50,000 wet tons of wallboard quality gypsum in calendar year 2018.



AEP Named One Of The Nation's Top 10 Utilities For Economic Development

Thu, 14 Sep 2017 00:00:00 EST

Site Selection Magazine has named American Electric Power one of the nation's top 10 utilities for economic development. It is the sixth consecutive year AEP has been recognized by the magazine.