2016 News Releases

April 28, 2016

AEP Reports 2016 First-Quarter Earnings;
Performance On Track Despite Mild Weather For The Quarter

  • First-quarter 2016 earnings $1.02 per share GAAP and operating
  • Company reaffirms 2016 operating earnings guidance range of $3.60 to $3.80 per share
  • Company committed to 4 to 6 percent operating earnings growth


April 26, 2016

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 56 cents a share on the company's common stock.


April 26, 2016

AEP Delivering Customer And Shareholder Value Through Investments In Its Regulated Businesses, Shareholders Learn At Company's Annual Meeting

American Electric Power continues to deliver value to its customers and shareholders by investing in the company's core, regulated operations, according to Nicholas K. Akins, AEP's chairman, president and chief executive officer. Akins addressed shareholders at the company's annual meeting today in Columbus, Ohio.


April 26, 2016

AEP Names Dieck Treasurer; Sever Named Senior Vice President

American Electric Power has named Lonni L. Dieck senior vice president and treasurer. Dieck currently is senior vice president - Corporate Planning and Budgeting for AEP. Oliver J. "Ollie" Sever will succeed Dieck as AEP's senior vice president - Corporate Planning and Budgeting. Sever is currently managing director - Financial Forecasting for AEP. Both changes are effective May 2.


April 21, 2016

AEP Schedules Live Webcast of Quarterly Earnings Call

American Electric Power has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. EDT Thursday, April 28. The call will be broadcast live over the Internet at http://www.aep.com/webcasts.


April 21, 2016

AEP Expects Today's Ohio Supreme Court Decisions To Financially Offset After RemandOhio Supreme Court upheld challenges to AEP Ohio capacity charges and deferrals, but rejected separate competitive transition charges

Two decisions today from the Ohio Supreme Court upheld capacity cost charges for American Electric Power's AEP Ohio utility unit, but rejected a part of AEP Ohio's retail stability rider (RSR) competitive transition charge. The full impact of today's decisions will be determined after remand to the Public Utilities Commission of Ohio (PUCO), but the company expects the net financial result will be minimal.


April 11, 2016

AEP Names Julie Sloat President And COO Of AEP Ohio

American Electric Power has named Julie A. Sloat president and chief operating officer of its AEP Ohio utility unit, effective May 2. Sloat currently is AEP's senior vice president and treasurer.


March 31, 2016

Federal Energy Regulatory Commission Issues Positive Order on Grid Assurance™ Filing

The Federal Energy Regulatory Commission (FERC) issued a positive order March 25 to Grid Assurance™ that provides regulatory clarity supporting transmission-owning entities participating in and subscribing to Grid Assurance™ as a way to strengthen transmission grid resiliency. Grid Assurance™ had requested determinations on several issues from FERC in December 2015.


March 31, 2016

AEP Ohio Moving Forward on Power Purchase Agreement
PUCO decision supports jobs, economy and development of renewable energy to power Ohio's future

American Electric Power's (NYSE: AEP) AEP Ohio utility unit received an order from the Public Utilities Commission of Ohio (PUCO) today supporting and modifying AEP Ohio's expanded Power Purchase Agreement (PPA).


February 19, 2016

AEP Named One Of Fortune's World's Most Admired Companies For Third Consecutive Year

American Electric Power has been named to Fortune magazine's World's Most Admired Companies list in the electric and gas utilities sector for the third year in a row. The survey measures nine attributes related to financial performance and corporate reputation.


January 28, 2016

AEP Reports 2015 Fourth-Quarter and Year-End Earnings;
Strong Performance Driven By Investment In Core Operations

  • Fourth-quarter 2015 earnings $0.96 per share GAAP and $0.48 per share operating
  • Year-end 2015 earnings $4.17 per share GAAP and $3.69 per share operating
  • Company reaffirms 2016 operating earnings guidance range of $3.60 to $3.80 per share
  • Company increases planned capital investments for 2017 and 2018 to $5 billion annually


January 25, 2016

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 56 cents a share on the company's common stock.


January 21, 2016

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. EST Thursday, Jan. 28. The call will be broadcast live over the Internet at http://www.aep.com/webcasts.