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Vertically Integrated Utilities

Transmission & Distribution Utilities

AEP Transmission Holdco

Generation & Marketing

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Loss on the Expected Sale of the Kentucky Operations

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Establishment of 2017-2019 Virginia Triennial Review Regulatory Asset

Loss on the Expected Sale of the Competitive Contracted Renewable Portfolio

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

American Electric Power Company

American Electric Power Co., Inc. engages in the generation, transmission, and distribution of electricity. It operates through the following segments: Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation and Marketing. The Vertically Integrated Utilities segment covers the generation, transmission, and distribution of electricity for sale to retail and wholesale customers. The Transmission and Distribution Utilities segment represents the transmission and distribution of electricity for sale to retail and wholesale customers. The AEP Transmission Holdco segment comprised of the development, construction, and operation of transmission facilities through investments in its wholly-owned transmission subsidiaries and joint ventures. The Generation and Marketing segment consists of the non-regulated generation and marketing, risk management, and retail activities. The company was founded on December 20, 1906 and is headquartered in Columbus, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

American Electric Power (AEP) reports strong earnings and strategic shifts

American Electric Power (AEP) delivered strong financial performance in Q4 2022, reaffirming 2023 guidance and showcasing operational resilience amidst industry challenges.
The company's strategic focus on clean energy transition, regulatory wins, and asset optimization positions it for sustainable growth and shareholder value creation.
Challenges related to deferred fuel balances and regulatory uncertainties require proactive management, while opportunities in portfolio optimization and financial strategy offer avenues for future growth.
AEP's commitment to financial stability, dividend growth, and environmental responsibility underscores its position as a leading utility company driving towards a sustainable energy future.

American Electric Power reports solid Q1 earnings amidst operational focus

AEP's Q1 2023 performance showed resilience despite weather challenges, with a focus on managing the portfolio and enhancing financial metrics. While facing challenges in closing the ROE gap and improving Kentucky operations, opportunities exist in seeking approvals for renewable sales and streamlining operations. The company remains committed to maintaining a healthy balance sheet and pursuing strategic divestments.

AEP meets Q2 earnings target, focuses on asset sales and ROE improvement

AEP's Q2 performance aligned with guidance, emphasizing strategic asset sales and renewables execution
Challenges include low ROE, weather impacts on ROE improvement, and regulatory monitoring
Opportunities lie in asset sales, debt ratio targets, and reinvestment of securitization proceeds
Overall, AEP remains focused on financial strength, stakeholder engagement, and regulatory alignment

American Electric Power reports strong Q3 earnings and growth opportunities

AEP's Q3 performance was strong, with narrowed full-year guidance and an increased dividend aligned with earnings growth.
The company is focusing on simplifying its business profile through asset sales and investing in regulated renewables projects.
Challenges include managing FFO to debt fluctuations, resolving fuel cost recovery paths, and optimizing O&M costs for customer benefit.

American Electric Power (AEP) reports robust earnings and growth outlook

AEP's Q4 2023 Earnings Call highlighted strong financial performance, reaffirmed earnings guidance, and emphasized strategic priorities and regulatory wins. The company faces challenges in regulatory changes but sees opportunities in data center expansion and transmission assets.

AEP reports robust Q1 earnings, focuses on growth and regulatory challenges

AEP's strong financial performance and strategic focus on growth and regulatory engagement position the company well for future opportunities. Challenges in grid modernization and regulatory compliance require proactive measures, while cost management remains a key priority.

AEP reports robust Q2 earnings, eyes growth amid regulatory challenges

AEP's strong financial performance, commitment to customer service, and strategic growth initiatives position the company for long-term success.
While facing regulatory and financial challenges, AEP's focus on operational excellence and growth opportunities underscores its resilience and adaptability.
By balancing strengths, challenges, and opportunities, AEP aims to navigate the evolving energy landscape and deliver value to stakeholders.

American Electric Power (AEP) reports solid Q3 earnings amidst strategic focus

AEP's Q3 2024 performance met expectations, with a strategic focus on growth and operational excellence driving long-term earnings growth.
While facing challenges in regulatory changes and strategic execution, AEP's strong financial position and customer-centric approach position it well for future opportunities.
Navigating uncertainties in dividend growth, federal policies, and operational complexities, AEP remains focused on sustainable growth and stakeholder value creation.
By capitalizing on strengths in operational efficiency and market resilience, AEP can address challenges and leverage opportunities for sustained financial performance.

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American Electric Power Company, Inc. (NASDAQ:AEP ) Q4 2022 Earnings Conference Call February 23, 2023 9:00 AM ET Company Participants Darcy Reese - VP, IR Julia Sloat - President, CEO & Director Ann Kelly - EVP & CFO Conference Call Participants Shahriar Pourreza - Guggenheim Securities Jeremy Tonet - JPMorgan Chase & Co. Steven Fleishman - Wolfe Research Nicholas Campanella - Crédit Suisse Durgesh Chopra - Evercore ISI Operator Welcome to the American Electric Power Fourth Quarter 2022 Earnings Call. [Operator Instructions].

American Electric Power Company, Inc. (AEP) Q4 2022 Earnings Call Transcript

AEP (AEP) delivered earnings and revenue surprises of 6.06% and 14.69%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

American Electric Power (AEP) Q4 Earnings and Revenues Top Estimates

Year-end 2022 GAAP earnings of $4.51 per share; operating earnings of $5.09 per share Company advances strategic initiatives including sales agreement for contracted renewables, new FERC 203 filing for Kentucky sale and continued strategic review of retail business 2023 operating earnings (non-GAAP) guidance range reaffirmed at $5.19 to $5.39 per share with long-term growth rate of 6% to 7% COLUMBUS, Ohio , Feb. 23, 2023 /PRNewswire/ -- AMERICAN ELECTRIC POWER Preliminary, unaudited results Fourth Quarter ended December 31 Year-to-date ended December 31 2022 2021 Variance 2022 2021 Variance Revenue ($ in billions): 4.9 4.1 0.8 19.6 16.8 2.8 Earnings ($ in millions): GAAP 384.3 538.9 (154.6) 2,307.2 2,488.1 (180.9) Operating (non-GAAP) 540.1 496.2 43.9 2,605.2 2,372.9 232.3 EPS ($): GAAP 0.75 1.07 (0.32) 4.51 4.97 (0.46) Operating (non-GAAP) 1.05 0.98 0.07 5.09 4.74 0.35 EPS based on 514 million shares 4Q 2022, 504 million shares 4Q 2021, 512 million shares YTD 2022 and 501 million shares YTD 2021. American Electric Power (Nasdaq: AEP) today reported fourth-quarter 2022 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $384 million or $0.75 per share, compared with GAAP earnings of $539 million or $1.07 per share in fourth-quarter 2021.

AEP REPORTS STRONG 2022 EARNINGS RESULTS

COLUMBUS, Ohio , Feb. 22, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has entered into an agreement to sell its 1,365-megawatt (MW) unregulated, contracted renewables portfolio to IRG Acquisition Holdings, a partnership owned by Invenergy, CDPQ and funds managed by Blackstone Infrastructure, at an enterprise value of $1.5 billion including project debt. The sale is expected to close in the second quarter of 2023.

AEP SIGNS AGREEMENT TO SELL UNREGULATED RENEWABLES ASSETS

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AEP (AEP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

American Electric Power (AEP) Reports Next Week: Wall Street Expects Earnings Growth

COLUMBUS, Ohio , Feb. 13, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) and Liberty, an indirect subsidiary of Algonquin Power & Utilities Corp., today filed a new application with the Federal Energy Regulatory Commission (FERC) under section 203 of the Federal Power Act seeking approval of the sale of AEP's Kentucky operations to Liberty. The companies are asking FERC for expedited review of the application as they work to close the transaction by April 26, 2023.

AEP and Liberty File New FERC 203 Application for Approval of Kentucky Sale

COLUMBUS, Ohio , Feb. 6, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Emily J. Duncan senior vice president, Federal Affairs, effective Feb. 13 working in the company's Washington D.C.

AEP Names Duncan Senior Vice President of Federal Affairs

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Electric power utilities like AEP, XEL, ED and PPL have well-chalked-out capital investment plans to upgrade infrastructure and add clean assets to their generation portfolio to provide efficient services.

4 Stocks to Watch From the Prospering Electric Power Industry

American Electric Power has a very large asset base and is one of the best-positioned regulated utilities in the U.S. It has an ambitious goal of achieving net zero emissions by 2045, which would also help it to save on input costs.

American Electric Power: Buy This Utility For The Next Decade

COLUMBUS, Ohio , Feb. 1, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was included in Fortune magazine's 2023 World's Most Admired Companies list, which evaluates companies' financial performance and corporate reputation. This is the 10th consecutive year the company is being recognized in the list's electric and gas utilities sector.

AEP HONORED AS ONE OF FORTUNE'S WORLD'S MOST ADMIRED COMPANIES FOR 10th CONSECUTIVE YEAR

COLUMBUS, Ohio , Feb. 1, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Stacey Burbure vice president, FERC and RTO Strategy and Policy, effective Feb. 4. Burbure replaces Amanda Conner, who now serves as chief of staff to Julie Sloat, AEP's president and chief executive officer.

AEP Names Burbure Vice President of FERC and RTO Strategy & Policy

AEP (AEP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why AEP (AEP) Could Beat Earnings Estimates Again

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With uncertainty baked into the possibilities for the new year, investors may want to shift their focus toward the best dividend stocks to buy. Now, don't misinterpret what I'm trying to say: it's not that you should avoid growth-oriented names altogether.

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In this article, we discuss a conservative dividend growth stock with a high likelihood of long-term outperformance - especially during recessions. American Electric Power is an American utility giant offering an above-average dividend yield, consistent dividend growth, and a healthy balance sheet despite high investment requirements.

American Electric Power: Reliable And Conservative Dividend Growth

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Utility stocks are on the move, so this may be an ideal time to jump into or add to an existing position. Whether you're an optimist or a pessimist, it would be silly not to account for the possibility that the U.S. is headed into a recession.

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COLUMBUS, Ohio , Jan. 10, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has been named to the JUST 100 2023 list, which recognizes America's best corporate citizens, and received the top ranking in the utilities category. The JUST 100 identifies companies that set the standard in commitment to their stakeholders.

AEP NAMED ONE OF AMERICA'S MOST JUST COMPANIES FOR THIRD CONSECUTIVE YEAR, RANKED FIRST IN UTILITIES CATEGORY

News for American Electric Power Company Stock (AEP)