The American Electric Power Company (AEP) is in the news for a variety of reasons including its substantial debt burden, reports of record profits even as customer utility bills have surged, and discussions around its consideration to relocate from its downtown Columbus building. The company announced a US$0.93 quarterly dividend set for September 2025 and has reported a series of executive leadership changes. Additionally, AEP has reported a five-year capital plan of $70 billion and a possible collaboration with Google for ensuring reliability through a demand response structure. There have also been discussions around increasing electric sales by 8.6% annually over the next three years. Recent protests in West Virginia have been reported concerning another proposed rate hike from AEP as the company reports record second-quarter operating earnings. AEP has also been recognized as one of America's Best Large Employers and estimates suggest a visible long-term earnings growth for the firm. Lastly, after beating profit estimates, AEP's stock price target has been raised to $120 from $114 by Jefferies.
American Electric Power Company AEP News Analytics from Fri, 03 Jan 2025 08:00:00 GMT to Thu, 04 Sep 2025 04:20:05 GMT - Rating 8 - Innovation 6 - Information 8 - Rumor 4
