American Electric Power reports Q2 results at 6:57 AM ET as the utility navigates explosive data center demand and the grid upgrades it will cost billions to complete.
American Electric Power :
AEP
AEP
Stock Data
$125.96
$0.70 (0.56%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
UTILITIES
Industry
UTILITIES - REGULATED ELECTRIC
American Electric Power Company Inc, based in Columbus, Ohio, is a major player in the US electricity sector. Since its founding in 1906, it has been lighting up homes and businesses by generating, transmitting, and distributing electricity. AEP uses a diverse mix of energy sources including coal, natural gas, renewables like solar and wind, and even nuclear power. Beyond serving retail customers, AEP also plays a key role in the wholesale electricity market, providing power to other utilities, cooperatives, and municipalities.
Latest Activity
AEP missed EPS estimates but hiked full-year guidance after data center demand surged 15% in the quarter, with contracted load through 2030 now at 69 GW and revenue beating by 2.2%.
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