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November 7, 2017

AEP Names Llende Vice President, Tax

James X. Llende will join American Electric Power Nov. 9 as vice president, Tax, with responsibility for AEP 's federal, state and local tax compliance, tax audit, tax accounting and tax planning functions. He will replace Mark Pyle, who will retire from the company Jan. 28, 2018. Llende, 49, is currently senior tax director at NextEra Energy Inc. He will report to Joseph Buonaiuto, senior vice president, controller and chief accounting officer.


November 3, 2017

AEP To Fuel 5 To 7 Percent Earnings Growth With Investments In Regulated Business And Renewables; Raises CapEx

American Electric Power is increasing capital investment in its regulated operations and new, renewable generation over the next three years to provide more advanced, cleaner energy solutions for its customers. The company reaffirmed its 2018 operating earnings (earnings excluding special items) guidance range of $3.75 to $3.95 per share and its projected operating earnings growth rate of 5 to 7 percent. The company also reaffirmed its narrowed 2017 operating earnings guidance of $3.55 to $3.68 per share. AEP management will discuss the company's financial outlook and earnings growth strategy at the annual Edison Electric Institute Financial Conference that begins Sunday in Lake Buena Vista, Florida.


November 2, 2017

AEP Announces Live Webcast Of Presentation By Chief Executive Officer At EEI Financial Conference Nov. 7

American Electric Power has scheduled a live audio webcast of remarks by AEP Chairman, President and Chief Executive Officer Nicholas K. Akins Nov. 7 at the 52nd annual Edison Electric Institute Financial Conference in Lake Buena Vista, Florida.


October 26, 2017

AEP Reports Third-Quarter 2017 Earnings; Narrows Full-Year Operating Earnings (Non-GAAP) Guidance Range to $3.55 to $3.68 Per Share

  • Third-quarter 2017 GAAP earnings of $1.11 per share; third-quarter 2017 operating earnings of $1.10 per share
  • Company reaffirms 2018 GAAP and operating earnings guidance range of $3.75 to $3.95 per share
  • Company reaffirms 5 to 7 percent operating earnings growth rate