Releases

November 11, 2018

AEP to Support Continued 5 to 7 Percent Operating Earnings Growth With Investments in Regulated Businesses and Renewables

AEP is increasing capital investment in its regulated operations over the next five years to provide more advanced, resilient and cleaner energy solutions for its customers. The company reaffirmed its 2019 operating earnings (earnings excluding special items) guidance range of $4.00 to $4.20 per share, and its projected annual operating earnings growth rate of 5 to 7 percent. AEP management will discuss the company's financial outlook and earnings growth strategy at the annual Edison Electric Institute Financial Conference that begins Nov. 11 in San Francisco.

November 7, 2018

AEP Announces Live Webcast Of Presentation By Chief Executive Officer At EEI Financial Conference Nov. 13

American Electric Power has scheduled a live audio webcast of remarks by AEP Chairman, President and Chief Executive Officer Nicholas K. Akins Nov. 13 at the 53rd annual Edison Electric Institute Financial Conference in San Francisco.

October 31, 2018

American Electric Power Seeks Bids for Coal

AEP is seeking bids for the supply of coal to one or more of its generating stations. Delivery dates, method, and coal types appear below.

October 29, 2018

AEP Announces Organizational, Executive Leadership Changes

American Electric Power today announced organizational and executive leadership changes to support the company's strategic goals and future success. The changes will be effective Jan. 1, 2019.

October 24, 2018

AEP Reports Third-Quarter 2018 Earnings; Raises and Narrows Full-Year Operating Earnings (NON-GAAP) Guidance Range to $3.88 to $3.98 Per Share

Third-quarter 2018 GAAP earnings of $1.17 per share
Third-quarter 2018 operating earnings of $1.26 per share
Weather and investments to enhance service support strong earnings performance

Third-quarter 2018 GAAP earnings of $1.17 per share
Third-quarter 2018 operating earnings of $1.26 per share
Weather and investments to enhance service support strong earnings performance

October 23, 2018

AEP Increases Quarterly Dividend 8.1 Percent To 67 Cents A Share

The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 67 cents a share on the company's common stock, an increase of 8.1 percent from the previous 62 cents a share. AEP last increased its dividend in October 2017.

October 17, 2018

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, Oct. 25. The call will be broadcast live over the Internet at http://www.aep.com/webcasts.

September 27, 2018

AEP Subsidiary Southwestern Electric Power to Redeem Senior Notes

Southwestern Electric Power Co. (SWEPCO), a public utility subsidiary of American Electric Power, announced that on Oct. 26, 2018, it will redeem the entire outstanding $400 million principal amount of its 6.45 percent Senior Notes, Series G, due 2019. The notes will be redeemed at 100 percent of the principal amount outstanding (at par value of $100 per Senior Note), plus interest through the date of redemption and the required make-whole premium.

September 27, 2018

AEP Transmission Promotes and Expands Roles of Smyth, Groff

American Electric Power has named Antonio P. Smyth senior vice president, Transmission Ventures, Strategy & Policy. Smyth previously held the position of vice president, Transmission Ventures. Additionally, AEP has named Daniel E. Groff vice president, AEP Transmission Business Operations & Controls. Groff was promoted from managing director, Transmission Business Operations Programs. Both will continue to report to Lisa M. Barton, executive vice president of AEP Transmission, when changes take effect Oct. 8.

September 17, 2018