News Releases
May 31, 2023
May 31, 2023
AEP Announces Remarketing of $850 Million in Aggregate Principal Amount of Debt Underlying its Equity Units
American Electric Power announced today that it has successfully remarketed its 1.30% Junior Subordinated Debentures due 2025 (the “Original Debentures”), which were originally issued Aug. 14, 2020, as a component of AEP’s Equity Units.
American Electric Power announced today that it has successfully remarketed its 1.30% Junior Subordinated Debentures due 2025 (the “Original Debentures”), which were originally issued Aug. 14, 2020, as a component of AEP’s Equity Units.
May 17, 2023
May 17, 2023
AEP Releases 2023 Corporate Sustainability Report
American Electric Power issued the 2023 Corporate Sustainability Report, an annual assessment of its performance as a public company and community partner. This report marks AEP’s 17th year of environmental, social and governance (ESG) disclosure, demonstrating its commitment to reporting the company’s progress toward a sustainable energy future.
American Electric Power issued the 2023 Corporate Sustainability Report, an annual assessment of its performance as a public company and community partner. This report marks AEP’s 17th year of environmental, social and governance (ESG) disclosure, demonstrating its commitment to reporting the company’s progress toward a sustainable energy future.
May 4, 2023
May 4, 2023
AEP Reports First-Quarter Earnings, Reaffirms 2023 Guidance
- First-quarter 2023 GAAP earnings of $0.77 per share; operating earnings of $1.11 per share
- 2023 operating earnings (non-GAAP) guidance range reaffirmed at $5.19 to $5.39 per share with long-term growth rate of 6% to 7% and FFO/Debt target of 14% to 15%
- AEP launches sale process for retail and distributed resources businesses, announces strategic review of certain non-core transmission joint ventures, remains on track to close on unregulated renewable asset sale
- First-quarter 2023 GAAP earnings of $0.77 per share; operating earnings of $1.11 per share
- 2023 operating earnings (non-GAAP) guidance range reaffirmed at $5.19 to $5.39 per share with long-term growth rate of 6% to 7% and FFO/Debt target of 14% to 15%
- AEP launches sale process for retail and distributed resources businesses, announces strategic review of certain non-core transmission joint ventures, remains on track to close on unregulated renewable asset sale
May 1, 2023
May 1, 2023
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. ET Thursday, May 4. The call will be broadcast live over the internet at http://www.aep.com/webcasts.
American Electric Power has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. ET Thursday, May 4. The call will be broadcast live over the internet at http://www.aep.com/webcasts.
April 26, 2023
April 26, 2023
AEP Recognized as One of America's Best Employers for Diversity
American Electric Power was included in Forbes Best Employers for Diversity list.
American Electric Power was included in Forbes Best Employers for Diversity list.
April 25, 2023
April 25, 2023
AEP Declares Quarterly Dividend on Common Stock
The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 83 cents a share on the company’s common stock.
The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 83 cents a share on the company’s common stock.
April 17, 2023
April 17, 2023
AEP Outlines Strategic Focus On Kentucky
- Parties have agreed to terminate the transaction under which AEP would sell its Kentucky operations to Liberty
- AEP is committed to providing reliable service to Kentucky customers and ensuring the financial health of the utility as part of the state’s economic and energy future; Wiseman named Kentucky Power president and chief operating officer
- AEP’s 2023 operating earnings (non-GAAP) guidance range reaffirmed at $5.19 to $5.39 per share with long-term growth rate of 6% to 7%; equity financing forecast remains unchanged
- Parties have agreed to terminate the transaction under which AEP would sell its Kentucky operations to Liberty
- AEP is committed to providing reliable service to Kentucky customers and ensuring the financial health of the utility as part of the state’s economic and energy future; Wiseman named Kentucky Power president and chief operating officer
- AEP’s 2023 operating earnings (non-GAAP) guidance range reaffirmed at $5.19 to $5.39 per share with long-term growth rate of 6% to 7%; equity financing forecast remains unchanged
April 6, 2023
April 6, 2023
AEP Names Smyth Executive Vice President Grid Solutions & Government Affairs, Announces Organizational Changes
American Electric Power has made organizational and executive leadership changes to support the company’s strategic priorities, according to Julie Sloat, president and chief executive officer. The changes are effective today.
American Electric Power has made organizational and executive leadership changes to support the company’s strategic priorities, according to Julie Sloat, president and chief executive officer. The changes are effective today.
March 29, 2023
March 29, 2023
AEP Recognized for Employee Engagement Efforts, Receives Gallup's Exceptional Workplace Award
American Electric Power has received the 2023 Gallup Exceptional Workplace Award, which recognizes organizations that incorporate employee engagement into core business values. This is the fourth consecutive year AEP has been honored with the award.
American Electric Power has received the 2023 Gallup Exceptional Workplace Award, which recognizes organizations that incorporate employee engagement into core business values. This is the fourth consecutive year AEP has been honored with the award.
March 13, 2023
March 13, 2023
AEP Names Sturgess SVP, Controller and Chief Accounting Officer
American Electric Power has named Kate Sturgess senior vice president, controller and chief accounting officer effective May 9.
American Electric Power has named Kate Sturgess senior vice president, controller and chief accounting officer effective May 9.
Your search did not match any news releases.