Financial News Releases

November 20, 2009

AEP Subsidiary Public Service Company of Oklahoma to Redeem Senior Notes

Public Service Company of Oklahoma, a public utility subsidiary of American Electric Power today announced that on December 21, 2009, it will redeem the entire outstanding $150,000,000 principal amount of unsecured 4.85% Senior Notes, Series C, due September 15, 2010.


November 1, 2009

AEP Sets 2010 Ongoing Earnings Guidance, Capital Expenditures Budget
Formation of a transmission company planned as part of grid strategy

AEP has set its ongoing earnings guidance range and capital expenditures budget for 2010. AEP will also form a transmission company as part of its strategy to pursue transmission investment opportunities in AEP’s traditional footprint.


October 29, 2009

AEP Reports 2009 Third-Quarter Earnings

  • 2009 third-quarter earnings $0.93 per share GAAP and ongoing
  • AEP tightens 2009 ongoing guidance range to between $2.90 and $3.05 per share from previous range of between $2.75 and $3.05 per share
  • Third-quarter ongoing EPS matches prior period despite dilutive effect of additional shares outstanding, mild weather, weak economy


October 28, 2009

AEP Announces Live Webcast of Presentation at EEI Event Nov. 3

American Electric Power has scheduled a live audio webcast of remarks by AEP executives Nov. 3 at the 44th annual Edison Electric Institute Financial Conference in Hollywood, Fla.


October 27, 2009

American Electric Power Declares Quarterly Dividend On Common Stock

The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 41 cents a share on the company’s common stock.


October 23, 2009

AEP Schedules Live Webcast of Quarterly Earnings Call

American Electric Power has scheduled a quarterly earnings conference call with financial analysts for 9 a.m. EDT Thursday, Oct. 29. The call will be broadcast live over the Internet at http://www.aep.com/go/webcasts .


July 31, 2009

AEP Reports 2009 Second-Quarter Earnings

  • 2009 second-quarter earnings $0.67 per share GAAP, $0.68 per share ongoing
  • Improved rate structures contribute to earnings stability
  • Weak economy reflected in industrial, off-system sales


July 29, 2009

American Electric Power Declares Quarterly Dividend on Common Stock

The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 41 cents a share on the company’s common stock.


May 21, 2009

Remarks by AEP’s CFO at Deutsche Bank Conference May 27 to be Webcast

American Electric Power has scheduled a live audio webcast of remarks by Holly Koeppel, AEP executive vice president and chief financial officer, May 27 at the Deutsche Bank 2009 Energy, Utilities and Power Conference in Miami Beach, Fla.


April 28, 2009

American Electric Power Declares Quarterly Dividend on Common Stock

The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 41 cents a share on the company’s common stock.


April 24, 2009

AEP Reports 2009 First Quarter Earnings

  • 2009 first-quarter earnings: GAAP and ongoing $0.89 per share
  • Impact of lower off-system sales and reduced industrial sales somewhat offset by higher rates in several jurisdictions
  • Company reaffirms its 2009 ongoing guidance of between $2.75 and $3.05 per share


April 3, 2009

AEP Announces Exercise Of Over-Allotment Option

American Electric Power announced today that the underwriters of its public offering exercised their over-allotment option to purchase an additional 9 million common shares. The option was granted in connection with the company´s public offering of 60 million common shares, which priced on April 1, 2009, at an offering price of $24.50 per share. AEP expects gross proceeds from the offering to be approximately $1.69 billion.


March 30, 2009

AEP Revises 2009 Ongoing Earnings Guidance, Lowers Capital Spending Plan for 2010

AEP has revised its 2009 ongoing earnings guidance, establishing a guidance range of between $2.75 and $3.05 per share. The revised guidance recognizes current operating and economic factors and reflects dilution from the company’s planned issuance of new equity.


March 30, 2009

American Electric Power Plans Public Offering of Common Stock

AEP announced today that it plans to offer approximately 50 million shares of the company’s common stock in a registered public offering. In addition, the underwriters are expected to have an over-allotment option to purchase up to 7.5 million additional shares of the company’s common stock. The company will use the net proceeds from the sale to reduce its debt.


January 29, 2009

AEP Reports Earnings For 2008 Fourth Quarter, Year

  • 2008 fourth-quarter earnings: $0.38 per share GAAP, $0.59 per share ongoing
  • 2008 full-year earnings: $3.43 per share GAAP, including one-time items; $3.24 per share ongoing
  • Company reaffirms its ongoing earnings guidance range for 2009 of between $3.00 and $3.40 per share


January 28, 2009

American Electric Power Declares Quarterly Dividend On Common Stock

The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 41 cents a share on the company’s common stock.


January 23, 2009

AEP Schedules Live Webcast of Quarterly Earnings Call

American Electric Power (NYSE: AEP) has scheduled its quarterly earnings conference call with financial analysts for 10 a.m. EST Thursday, Jan. 29. The call will be broadcast live over the Internet at http://www.aep.com/go/webcasts.