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American Electric Power Company, Inc. (AEP)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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92.62+0.03 (+0.03%)
At close: 04:00PM EDT
92.10 -0.52 (-0.56%)
After hours: 07:07PM EDT
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  • PR Newswire

    AEP Retains AEP Energy, Reaffirms 2024 Earnings Guidance

    American Electric Power (Nasdaq: AEP) announced today it will retain its retail energy business, AEP Energy. The company is reaffirming its 2024 operating earnings guidance of $5.53 to $5.73 per share, long-term growth rate of 6% to 7% and FFO/Debt target of 14% to 15%.

  • PR Newswire

    AEP Signs Agreement to Sell Distributed Resources Business to Basalt

    American Electric Power (Nasdaq: AEP) has entered into an agreement to sell its distributed resources business, AEP OnSite Partners ("OnSite"), to funds advised by Basalt Infrastructure Partners LLC. AEP expects to net approximately $315 million in cash after taxes and transaction fees, subject to customary closing adjustments. The sale is expected to close in the third quarter of 2024, pending regulatory approvals.

  • PR Newswire

    AEP Ohio Files Plan to Secure Grid Resources for Data Centers, Protect Residential Customers

    AEP Ohio, an American Electric Power (Nasdaq: AEP) company, today filed with the Public Utilities Commission of Ohio in docket 24-508-EL-ATA a proposal that would create a new rate category for data center customers and cryptocurrency mining/mobile data center operations. The proposed rate structure would require new data centers with loads greater than 25 megawatts (MW) and cryptocurrency mining operations/mobile data centers with loads greater than 1 MW to agree to meet certain requirements be