Headquartered in Columbus, OH Fiscal year ends December NASDAQ: AEP aep.com
American Electric Power (Nasdaq: AEP) is an electric utility holding company that generates, transmits, and distributes electricity to approximately 5.6 million customers across 11 U.S. states. AEP operates the nation's largest electric transmission system with approximately 40,000 line miles, along with more than 253,000 miles of distribution lines. The company owns or has contracted approximately 34,000 megawatts of diverse generating capacity. AEP's family of operating companies includes AEP Texas, Appalachian Power (serving Virginia, West Virginia, and Tennessee), Indiana Michigan Power, Kentucky Power, Ohio Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (serving Arkansas, Louisiana, east Texas, and the Texas Panhandle). The company operates through four primary business segments: Vertically Integrated Utilities, Transmission & Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing. AEP is experiencing significant load growth driven by data centers, hyperscalers, and manufacturers, with 84 GW of incremental contracted load expected by 2031, and plans to invest $100 billion over five years through 2031 to modernize and expand its infrastructure. Updated
Data centers and hyperscalers are now big enough to reset the whole plan: American Electric Power expanded its five-year capital budget to $100 billion through 2031. Earnings and revenue both beat expectations, and management introduced 2027 and 2028 EPS targets.
A utility that just lifted its capital plan to $78 billion on data center demand now has a dedicated nuclear development chief on the insider roster, a signal that executive weight is going behind new generation. Watch for how nuclear fits into the next capital plan update.
A new Form 3 puts another executive vice president's holdings on the public record at the $70.6 billion utility, which means his future buys and sells now print for everyone to see. Worth tracking at a company whose capital plan is being stretched by data center load growth.
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At the 24% federal bracket, a $500,000 utility portfolio making about $17,530 in annual dividends hands roughly $4,210 to the IRS every year when that income is taxed at ordinary rates. Inside…
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AEP is borrowing heavily and selling stock to fund a $78 billion buildout for data center demand, all while its dividend raise pace quietly shrinks. Whether that combination protects income investors or…
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Carl Icahn keeps piling into his own holding company even as its units sink to multi-year lows, and the reasons behind his accumulation are far more complicated than a simple vote of…
American Electric Power (Nasdaq: AEP) is an electric utility holding company that generates, transmits, and distributes electricity to approximately 5.6 million customers across 11 U.S. states.
24/7 Wall St.'s 12-month price target for AEP is $148.23, rated Buy. The Wall Street consensus target is $142.72. AEP price prediction →
