American Electric Power Company (AEP) has been under investors' scrutiny, with news surrounding its leadership changes, financial performance, and speculative stock performance. AEP named seasoned industry veterans
Doug Cannon and
Trevor Mihalik as President of AEP Transmission, Executive Vice President, and
Chief Financial Officer, respectively. The company announced its Q1 2025 earnings, beating both revenues and earnings estimates and reaffirmed its 2025 outlook. Furthermore, AEP recognized as one of America's
best large employers. Yet, news of a public offering of common stock with a forward component and an audit of AEP utility's electric reliability amid outage struggles have stirred investor speculation.
Investments in transmission companies and power grid upgrades aim to meet the rising demand. Despite its heavy debt usage, AEP is considered among the safest dividend stocks to buy now and valuable large-cap utility stocks as the recession hits. Finally, AEP is in the process of leveraging fuel cell technology to power data center growth and seeks
grants for advanced nuclear site exploration in Indiana and Virginia.
American Electric Power Company AEP News Analytics from Thu, 19 Sep 2024 07:00:00 GMT to Sat, 31 May 2025 10:15:00 GMT -
Rating 6
- Innovation 7
- Information 7
- Rumor -3
