American Electric Power Company, Inc. (AEP)
AEP Price and Sentiment
AEP Latest news
Dividend Income Summary: Bert's October 2021 Report
AEP Highlights Planned Capital Investments In Renewables And Energy Grid, Reaffirms Operating Earnings Growth Rate Of 5% To 7%2021-11-05 16:30
COLUMBUS, Ohio , Nov. 5, 2021 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) plans to invest in its regulated businesses and renewable generation as it continues to transform and build a cleaner, more modern energy system. The company announced its 2022 operating earnings (earnings excluding special items) guidance range of $4.85 to $5.05 per share, reflecting its projected annual operating earnings growth rate of 5% to 7%.
AES reports revenues of $3,036 million for the third quarter, which increase 19.3% year over year and beat the Zacks Consensus Estimate by 21.6%.
COLUMBUS, Ohio, Nov. 3, 2021 /PRNewswire/ -- Southwestern Electric Power Company, a public utility subsidiary of American Electric Power (Nasdaq: AEP), announced that on Dec. 3, 2021, it will redeem the entire outstanding $275 million principal amount of its 3.55 percent Senior Notes, Series I, due 2022. The notes will be redeemed at 100 percent of the principal amount outstanding (at par value of $100 per Senior Note), plus interest through the date of redemption.
The stock market, specifically the S&P 500, still is high, is back firing on all cylinders, up over 200 points since the end of September. STOR almost has $10 billion in market capitalization, steadily growing over their 7 year period of being public.
American Electric Power Company, Inc. (AEP) CEO Nick Akins on Q3 2021 results - Earnings Call Transcript2021-10-28 13:58
American Electric Power Company, Inc. (AEP) CEO Nick Akins on Q3 2021 results - Earnings Call Transcript
American Electric's (AEP) third-quarter 2021 adjusted earnings missed the Zacks Consensus Estimate by 0.7%. Net Sales improved 12.2% from the year-ago quarter.
AEP (AEP) delivered earnings and revenue surprises of -0.69% and 3.75%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
AEP Reports Solid Third-Quarter 2021 Earnings; Narrows 2021 Guidance Range To Upper Half, Raising Midpoint2021-10-28 06:57
COLUMBUS, Ohio, Oct. 28, 2021 /PRNewswire/ -- AMERICAN ELECTRIC POWER Preliminary, unaudited results Third Quarter ended September 30 Year-to-date ended September 30 2021 2020 Variance 2021 2020 Variance Revenue ($ in billions): 4.6 4.1 0.5 12.7 11.3 1.4 Earnings ($ in millions): GAAP 796.0 748.6 47.4 1,949.2 1,764.6 184.6 Operating (non-GAAP) 716.7 728.2 (11.5) 1,876.7 1,765.9 110.8 EPS ($): GAAP 1.59 1.51 0.08 3.90 3.56 0.34 Operating (non-GAAP) 1.43 1.47 (0.04) 3.76 3.56 0.20 EPS based on 501 million shares 3Q 2021, 496 million shares 3Q 2020, 499 million shares YTD 2021 and 495 million shares YTD 2020 American Electric Power (Nasdaq: AEP) today reported third-quarter 2021 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $796 million or $1.59 per share, compared with GAAP earnings of $749 or $1.51 per share in third-quarter 2020. Operating earnings for third-quarter 2021 were $717 million or $1.43 per share, compared with operating earnings of $728 million or $1.47
COLUMBUS, Ohio, Oct. 26, 2021 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has entered into an agreement to sell its Kentucky operations, which include Kentucky Power and AEP Kentucky Transco, to Liberty, the regulated utility business of parent company Algonquin Power & Utilities Corp. (NYSE: AQN), for $2.846 billion enterprise value. The sale is expected to close in the second quarter of 2022, pending regulatory approvals.