AEP Newsroom

AEP Subsidiary Public Service Company of Oklahoma to Redeem Senior Notes

Fri, 20 Nov 2009 00:00:00 EST

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.

SWEPCO to Purchase Valley Electric Membership Corporation Assets

Thu, 19 Nov 2009 00:00:00 EST

American Electric Power utility subsidiary AEP Southwestern Electric Power Company (SWEPCO) has signed a letter of intent to purchase the transmission and distribution assets of Valley Electric Membership Corporation (VEMCO).

AEP Is Honored As Military-Friendly Employer For Seventh Consecutive Year

Mon, 9 Nov 2009 00:00:00 EST

G.I. Jobs magazine has named American Electric Power one of the nation’s 100 most "military-friendly" employers for the seventh consecutive year.

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

Sun, 1 Nov 2009 00:00:00 EST

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.

AEP and Alstom Commission First of Its Kind Carbon Capture and Sequestration (CCS) Project
Project will capture and store approximately 100,000 tonnes of CO2 annually

Fri, 30 Oct 2009 00:00:00 EST

Federal and state government officials today joined executives from American Electric Power (NYSE: AEP) and Alstom at AEP’s Mountaineer Plant to formally commission the world’s first project to both capture and store carbon dioxide (CO2) from a coal-fired power plant. The officials hailed the project as a significant milestone in the effort to reduce CO2 emissions from the combustion of fossil fuels.

AEP Reports 2009 Third-Quarter Earnings

Thu, 29 Oct 2009 00:00:00 EST

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

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

Wed, 28 Oct 2009 00:00:00 EST

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.

American Electric Power Declares Quarterly Dividend On Common Stock

Tue, 27 Oct 2009 00:00:00 EST

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.

AEP Schedules Live Webcast of Quarterly Earnings Call

Fri, 23 Oct 2009 00:00:00 EST

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 .

Arkansas Supreme Court Will Review Turk Plant Case

Thu, 22 Oct 2009 00:00:00 EST

Plant Construction Continues

The Arkansas Supreme Court has decided to review a case concerning the John W. Turk, Jr. Power Plant now under construction by Southwestern Electric Power Company (SWEPCO), a unit of American Electric Power.