News Releases
May 1, 2024
May 1, 2024
AEP Releases 2024 Corporate Sustainability Report
American Electric Power issued the 2024 Corporate Sustainability Report, an annual assessment of its sustainable business practices, strategy, performance and impact.
American Electric Power issued the 2024 Corporate Sustainability Report, an annual assessment of its sustainable business practices, strategy, performance and impact.
April 30, 2024
April 30, 2024
AEP Reports First-Quarter 2024 Earnings, Reaffirms Guidance
- First-quarter 2024 GAAP earnings of $1.91 per share; operating earnings of $1.27 per share
- Company reaffirms 2024 operating earnings (non-GAAP) guidance of $5.53 to $5.73 per share and long-term growth rate of 6% to 7%
- Economic development focus helps drive 10.5% commercial load growth year over year in the first quarter
- First-quarter 2024 GAAP earnings of $1.91 per share; operating earnings of $1.27 per share
- Company reaffirms 2024 operating earnings (non-GAAP) guidance of $5.53 to $5.73 per share and long-term growth rate of 6% to 7%
- Economic development focus helps drive 10.5% commercial load growth year over year in the first quarter
April 29, 2024
April 29, 2024
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 Tuesday, April 30. 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 Tuesday, April 30. The call will be broadcast live over the internet at http://www.aep.com/webcasts.
April 23, 2024
April 23, 2024
AEP Declares Quarterly Dividend on Common Stock
The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 88 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 88 cents a share on the company’s common stock.
April 23, 2024
April 23, 2024
AEP Recognized as One of America’s Best Employers for Diversity
American Electric Power was included in Forbes Best Employers for Diversity 2024 list.
American Electric Power was included in Forbes Best Employers for Diversity 2024 list.
April 4, 2024
April 4, 2024
AEP Named Leader on New JUST Jobs Scorecard
American Electric Power is one of six companies to earn the JUST Jobs Leader designation on the JUST Jobs Scorecard released today.
American Electric Power is one of six companies to earn the JUST Jobs Leader designation on the JUST Jobs Scorecard released today.
February 27, 2024
February 27, 2024
AEP Completes Sale of New Mexico Solar Assets
American Electric Power has completed the sale of its 50% interest in New Mexico Renewable Development, LLC (NMRD) to Exus North America Holdings, LLC (Exus). AEP nets approximately $104 million in cash after tax, transaction fees and other customary adjustments.
American Electric Power has completed the sale of its 50% interest in New Mexico Renewable Development, LLC (NMRD) to Exus North America Holdings, LLC (Exus). AEP nets approximately $104 million in cash after tax, transaction fees and other customary adjustments.
February 26, 2024
February 26, 2024
AEP Reports 2023 Earnings Results
- Year-end 2023 GAAP earnings of $4.26 per share; operating earnings of $5.25 per share
- 2024 operating earnings (non-GAAP) guidance range reaffirmed at $5.53 to $5.73 per share with long-term growth rate of 6% to 7% and FFO/Debt target of 14% to 15%
- Company advances strategic initiatives including de-risking the business, controlling costs and investing in a modern and reliable grid to benefit customers
- Year-end 2023 GAAP earnings of $4.26 per share; operating earnings of $5.25 per share
- 2024 operating earnings (non-GAAP) guidance range reaffirmed at $5.53 to $5.73 per share with long-term growth rate of 6% to 7% and FFO/Debt target of 14% to 15%
- Company advances strategic initiatives including de-risking the business, controlling costs and investing in a modern and reliable grid to benefit customers
February 26, 2024
February 26, 2024
AEP Announces CEO Transition
- AEP Board Member and Former Chairman and CEO of Xcel Energy, Benjamin G.S. Fowke III, Appointed Interim CEO & President
- AEP Lead Director Sara Martinez Tucker Named Chair of the Board
American Electric Power today announced that Benjamin G.S. Fowke III, a member of the company’s Board of Directors and the former chairman and CEO of Xcel Energy, Inc., has been appointed interim chief executive officer and president, effective immediately.
- AEP Board Member and Former Chairman and CEO of Xcel Energy, Benjamin G.S. Fowke III, Appointed Interim CEO & President
- AEP Lead Director Sara Martinez Tucker Named Chair of the Board
American Electric Power today announced that Benjamin G.S. Fowke III, a member of the company’s Board of Directors and the former chairman and CEO of Xcel Energy, Inc., has been appointed interim chief executive officer and president, effective immediately.
February 21, 2024
February 21, 2024
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 Tuesday, Feb. 27. 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 Tuesday, Feb. 27. The call will be broadcast live over the internet at http://www.aep.com/webcasts.
Your search did not match any news releases.