Straits Times Index
3,323.38 +0.18 (+0.01%) S&P 500
5,235.48 -31.47 (-0.60%) Dow
38,111.48 -330.06 (-0.86%) Nasdaq
16,737.08 -183.50 (-1.08%) Bitcoin USD
68,292.02 +682.88 (+1.01%) CMC Crypto 200
1,430.00 -25.87 (-1.78%)
AEP Aug 2024 87.500 put
- Simply Wall St.
Should We Be Delighted With American Electric Power Company, Inc.'s (NASDAQ:AEP) ROE Of 11%?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
- 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.
