AEP - American Electric Power Company, Inc.

NYSE - NYSE Delayed Price. Currency in USD
86.60
+0.75 (+0.87%)
At close: 4:00PM EDT
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Previous Close85.85
Open86.19
Bid86.60 x 800
Ask0.00 x 1300
Day's Range85.88 - 86.77
52 Week Range62.71 - 86.77
Volume2,048,886
Avg. Volume2,683,601
Market Cap42.732B
Beta (3Y Monthly)0.17
PE Ratio (TTM)20.92
EPS (TTM)4.14
Earnings DateJul 23, 2019 - Jul 29, 2019
Forward Dividend & Yield2.68 (3.13%)
Ex-Dividend Date2019-05-09
1y Target Est85.94
Trade prices are not sourced from all markets
  • Largest Ohio solar farm ever lands approval
    American City Business Journals3 days ago

    Largest Ohio solar farm ever lands approval

    The Ohio Power Siting Board has green-lit more large-scale solar energy development in the state. Two new utility-scale solar farms were approved by the board Thursday, including one that is the largest ever approved in the state. The Highland Solar Farm, to be built in Highland County, would be a 300-megawatt solar farm, the largest ever developed in the state.

  • 5 Utility Stocks to Buy for an Extra Durable Portfolio
    InvestorPlace3 days ago

    5 Utility Stocks to Buy for an Extra Durable Portfolio

    [Editor's note: This story was originally published in September 2018. It has since been updated and republished.]Utility stocks were supposed to be yesterday's favorite investment. The theory regarding utility stocks was simple: Robust economic growth coupled with a full labor market was supposed to spark rising inflation. The Fed was supposed to fight rising inflation with rate hikes. Fixed income yields were supposed to rise. Utility stocks, which were long viewed as bond substitutes in an era of ultra-low interest rates, were supposed to fall.But that theory hasn't fully materialized into reality.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe result? Utility stocks haven't lost their shine. With inflation relatively contained and investors ducking into safety, stocks in utilities are still attractive assets to own for yield hunters. That is why the Utilities Select Sector SPDR ETF (NYSEARCA:XLU) finished the past month up 2.3%.compared to the S&P 500's loss of 83 basis points.The markets' recent volatility has contributed to the XLU's gain, as investors flee toward any safe haven. Not to mention, a number of other catalysts are in play. Inflation isn't soaring higher because technology giants are suppressing inflationary pressures (just think about the downward pressure Amazon (NASDAQ:AMZN) is putting on all consumer goods prices). This trend won't reverse any time soon, and thus, inflationary pressures should remain subdued for the foreseeable future. With those forces subdued, utility stocks have room to rally. * Top 7 Dow Jones Stocks of 2019 -- So Far With that said, what are the best utility stocks to buy for your portfolio? Here's a list of five stocks that I think are worth a look: American Electric Power (AEP)Considered one of the industry's heavyweights, American Electric Power (NYSE:AEP) is a massive electric utility company that delivers electricity to more than 5 million customers across eleven states. Over the past month, AEP stock is up just shy of 3%.The business right now is doing pretty well, as robust economic strength in the company's core markets has boosted the business. Overall, sales and earnings are both trending higher at a healthy rate. Sempra Energy (SRE)Another one of the industry's heavyweights is Sempra Energy (NYSE:SRE), the multi-faceted energy company that provides energy services to more than 40 million customers globally across Southern California, Texas, Chile and Peru. In the past month, SRE stock is up 2.6%.Sempra's business is doing well: Both revenues and earnings are trending higher amid a favorable economic backdrop. Plus, the company is continuing its energy diversification efforts by expanding its liquid natural gas (LNG) business, something which the company feels can help fuel sustainable long-term growth. * 10 Baby Boomer Stocks to Buy The dividend yield on SRE stock sits right around 2.96%. That isn't great, but it's right around where the yield has been over the past several years. Duke Energy (DUK)Next up is electric power and gas utility giant Duke Energy (NYSE:DUK). Much like the other names on this list, Duke's operations are stable and healthy. That said, DUK stock is down 3% over the past month. That's contributed to an increased dividend yield, at 4.3%.Business remains fine, despite DUK's downturn, mostly thanks to favorable weather and strengthening economic conditions. And Duke's revenues and earnings have been trending consistently higher at a slow and stable rate.This level of growth should persist for the next several years as economic conditions remain solid. American Water Works Company (AWK)Although electricity and power are very important utilities, another utility of equal importance is water, and that is where American Water Works Company (NYSE:AWK) comes into the picture.American Water provides waters services to 15 million people across 46 states and Canada. That makes American Water the largest and most diverse publicly traded water company. Moreover, American Water is planning on spending a whole bunch of money over the next several years to modernize water distribution infrastructure, an investment that will likely lead to rate hike approvals and robust long-term earnings growth. * 7 Stocks to Buy that Lost 10% Last Week AWK stock has a dividend yield of 1.8%. That isn't great. But, what the company lacks in dividend yield, it makes up for in earnings growth, which should be able to run around 10%-per-year for the next several years. That combination of healthy earnings growth and stable yield should make AWK stock a winning investment. NextEra Energy (NEE)Perhaps the utility stock with the most long-term earnings-growth potential on this list is NextEra Energy (NYSE:NEE). That is because not only does NextEra operate a massive utility business like the other utility players on this list, but the company is also a leading player in renewable energy and battery storage.Over the past decade, this company has grown earnings and dividends at an 8%-per-year clip, and that robust growth should continue so long as the company's renewable business continues to scale.The one thing to be worried about when it comes to NEE stock is that the dividend yield is at 2.52%, which is a five-year low. But, earnings growth is robust, and it is large enough to compensate for a historically low dividend yield.As of this writing, Luke Lango was long AMZN and AWK. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy that Lost 10% Last Week * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs Compare Brokers The post 5 Utility Stocks to Buy for an Extra Durable Portfolio appeared first on InvestorPlace.

  • 4 Dividend-Focused Utilities Pushing Higher
    InvestorPlace5 days ago

    4 Dividend-Focused Utilities Pushing Higher

    U.S. equities are rebounding on Wednesday thanks to another positive headline out of the President Donald Trump Administration. Specifically, it sounds like a decision on possible tariffs on auto imports from Europe will be delayed. Ostensibly, this is to clear the way to concentrate on the standoff with China and give the markets enough good news to keep prices stable.So far, it appears to be working. The Dow Jones Industrial Average is rebounding back above its 200-day moving average, the third day of testing this critical support level, and looks set for a challenge of overhead resistance near the 26,000 level. The tech-heavy Nasdaq Composite looks even better, attempting to climb back above the 50-day moving average thanks to big gains in the likes of Facebook (NASDAQ:FB) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). * 10 Retirement Stocks That Won't Wilt in a Bear Market But its the income-oriented stocks that are catching my eye as investors pile into defensive names on the expectation that we've yet to see the last of this latest bout of volatility. Here are four names to watch:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Utility Stocks to Buy: American Electric Power (AEP)Shares of American Electric Power (NYSE:AEP) are pushing up and out of a three-month consolidation range as it continues a steady long-term uptrend that goes back to the 2009 bear market low. Two days ago, as the Dow plunged below its 200-day moving average for the first time in months, AEP stock was pushing to a new record high.Shares carry a 3.1% dividend yield. The company is scheduled to next report results on July 24 before the bell. Analysts are looking for earnings of $1 per share on revenues of $4.1 billion. When the company last reported on April 25, earnings of $1.19 per share beat estimates by eight cents on a 2.5% rise in revenues. Aqua America (WTR)Shares of water utility Aqua America (NYSE:WTR) have also been flirting with new highs in recent days, jumping up and over resistance that's been in play since late 2017. The company, based in Pennsylvania, pays a 2.2% dividend yield. Analysts at Coker Palmer recently defended the name after soft quarterly results, noting it was more about timing discrepancies than softness in the underlying business. * 6 Trade War Stocks With a Lot of Risk The company is scheduled to next report results on Aug. 1 after the close. Analysts are looking for earnings of 39 cents per share on revenues of $226.9 million. When the company last reported on May 2, earnings of 28 cents per share missed estimates by two cents on a 3.5% rise in revenues. Consolidated Edison (ED)Like the other names presented here, Consolidated Edison (NYSE:ED) shares are using the current market volatility to push to new record highs, jumping over resistance from prior highs set in late 2017 as it exits a three-month consolidation range. The stock pays a 3.5% dividend yield. Analysts at Bank of America Merrill Lynch recently upgraded shares to "buy," and set a $94-a-share price target.The company will next report results on Aug. 1 after the close. Analysts are looking for earnings of 61 cents per share on revenues of $2.8 billion. When the company last reported on May 2, earnings of $1.39 beat estimates by three cents on $3.4 billion in revenues. Southern Company (SO)Shares of power utility Southern Company (NYSE:SO) are also pushing to new highs this week, breaking up and out of a three-month consolidation range. This caps a near-30% rise off of its late December low, breaking free of a sideways channel that went back to 2016. Evercore ISI analysts recently upgraded the stock, which carries a dividend yield of 4.6%. * 7 Dividend Stocks to Buy as the Trade War Reignites The company will next report results on Aug. 7 before the bell. Analysts are looking for earnings of 71 cents per share on revenues of $5.1 billion. When the company last reported on May 1, earnings of 70 cents per share missed estimates by two cents on a 15.1% decline in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Retirement Stocks That Won't Wilt in a Bear Market * 5 Consumer Stocks Ready to Push Higher * 3 of the Best ETFs to Buy for a Play on Gold Stocks Compare Brokers The post 4 Dividend-Focused Utilities Pushing Higher appeared first on InvestorPlace.

  • ChargePoint sounds alarm on electric vehicle charging standards
    Reuters6 days ago

    ChargePoint sounds alarm on electric vehicle charging standards

    A leading operator of charging stations has sounded the alarm on a proposed technical standard that it says could hamper mass adoption of electric vehicles by making it harder to charge them at home or at work. ChargePoint, which plans to run 2.5 million charging stations by 2025, says the standard would perpetuate an old 'gas station' model that automakers are backing as they launch mass production of battery-powered cars. As well as being less convenient for users, that could give too much pricing power to utilities, limiting the flexibility of charge station owners, ChargePoint says.

  • Markit7 days ago

    See what the IHS Markit Score report has to say about American Electric Power Company Inc.

    American Electric Power Company Inc NYSE:AEPView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for AEP with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting AEP. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding AEP totaled $8.98 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. Although AEP credit default swap spreads are rising, indicating some deterioration in the market's perception of the company's credit worthiness, they are among the lowest levels seen during the last one year.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Investors Seek Refuge in Utilities as Trade War Escalates
    Investopedia7 days ago

    Investors Seek Refuge in Utilities as Trade War Escalates

    Investors flocked to the safe-haven sector as the trade war escalated. Profit from the "risk-off" move using these trading tactics.

  • Investors Flock to Utilities amid Trade War Tensions
    Market Realist7 days ago

    Investors Flock to Utilities amid Trade War Tensions

    Investors Flock to Utilities amid Trade War TensionsUtilities back in focusThe increasing severity of the trade war pulled broader markets down ~2.5% yesterday. The “widow-and-orphan” utilities sector stood firm throughout the day and rose over

  • American Electric Power Company, Inc.'s (NYSE:AEP) Earnings Grew 15%, Did It Beat Long-Term Trend?
    Simply Wall St.7 days ago

    American Electric Power Company, Inc.'s (NYSE:AEP) Earnings Grew 15%, Did It Beat Long-Term Trend?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...

  • Stocks Take A Beating, But Two Sectors Hold Up Well
    Investor's Business Daily8 days ago

    Stocks Take A Beating, But Two Sectors Hold Up Well

    Some market watchers now fear a U.S. recession and deeper weakness in China's economy as possibilities.

  • Cardinal Operating Company Seeks Bids For Coal
    PR Newswire10 days ago

    Cardinal Operating Company Seeks Bids For Coal

    COLUMBUS, Ohio , May, 10, 2019 /PRNewswire/ -- Cardinal Operating Company (COC) on behalf of AEP Generation Resources Inc. (AEPGR), an unregulated wholly owned subsidiary of AEP Energy Supply, LLC is seeking ...

  • Algonquin Power & Utilities (AQN) Q1 Earnings Miss Estimates
    Zacks11 days ago

    Algonquin Power & Utilities (AQN) Q1 Earnings Miss Estimates

    Algonquin Power & Utilities (AQN) misses Q1 earnings and revenue estimates. Total expenses incurred in the quarter decline from a year ago.

  • Evergy (EVRG) Surpasses Q1 Earnings and Revenue Estimates
    Zacks12 days ago

    Evergy (EVRG) Surpasses Q1 Earnings and Revenue Estimates

    Evergy's (EVRG) Q1 earnings and revenues surpass estimates primarily due to favorable weather, in turn boosting demand.

  • 6 Stable Stocks Worth Buying for Protection
    InvestorPlace12 days ago

    6 Stable Stocks Worth Buying for Protection

    The stock market has had a record run in 2019, with the S&P 500 rising 17% year-to-date, and it's still just early May.Of particular importance, the big 2019 rally in stocks has been characterized by unusual placidity. Year-to-date, the S&P 500 has dropped 2% or more off its highs only three times, with the biggest downdraft being a 2.5% correction at the very beginning of the year. Historically speaking, the stock market usually experiences 5%-plus pullbacks roughly three to four times a year. Thus, relative to the past, the 2019 rally in stocks has been unusually calm.Investors shouldn't be lulled to sleep by this placidity. You can count on volatility rearing its ugly head in stocks as much as you can count on the sun rising every morning. Thus, volatility is coming to the stock market. It isn't a matter of if. It's a matter of when.InvestorPlace - Stock Market News, Stock Advice & Trading TipsA good rule of thumb in investing is as follows: when the good times are rolling, prepare for the bad times. Why? Because volatility rearing its ugly head usually happens out of the blue. The bust usually follows a boom. * 7 Dangerous Dividend Stocks to Stay Far Away From With this in mind, let's take a look at seven stable stocks worth considering for protection from the next stock market pullback, which history says is due soon. McDonald's (MCD)Source: Shutterstock Beta: 0.35Yield: 2.2%At the top of this is fast-casual restaurant giant McDonald's (NYSE:MCD) for three reasons: low beta, high yield, and a long history of dominance in a stable growth restaurant category.First, this stock has a very low beta at just 0.35. By itself, that's a low beta. But it is especially low considering McDonald's also gives you consistent and steady revenue and profit growth on top of that low beta. In other words, you have stable growth with mitigated historical volatility.Second, there's the 2.2% dividend yield, which is above the market average. That 2.2% yield, too, looks really good on top of consistent and steady revenue and profit growth.Third, McDonald's has, still does, and will continue to dominate the global stable growth restaurant category. Broadly speaking, McDonald's is the king of high convenience and low prices, and at the end of the day, those are the only two things that truly matter in fast food. McDonald's is continuing to invest and innovate to maintain those price and convenience advantages. So long as they do, this company will be the dominant player in the global restaurant industry, and MCD stock will be a steady riser. American Electric Power (AEP)Source: Shutterstock Beta: 0.17Yield: 3%When it comes to avoiding volatility, few stocks do it better than utility stock American Electric Power (NYSE:AEP).When it comes to high-yield utility stocks with stable fundamentals, American Electric Power is in a league of its own. The company provides electricity services to more that 5 million Americans across 11 states. Demand therein is exceptionally stable, because consumers will forever need electricity services. Ultimately, the business supports steady and consistent revenue and profit growth in a long term window.Further, the beta on AEP stock is ridiculously low at 0.17, meaning that the stock has exceptionally limited systemic risk (if the market drops, it doesn't necessarily mean AEP stock is going down with it). The yield is robust at 3%, meaning investors get paid to inherit limited risk on steady profit growth. * 4 IPOs That Have Fallen Flat All in all, AEP stock is one of the best stable stocks to buy if you're looking for safety and protection. Disney (DIS)Source: Baron Valium via FlickrBeta: 0.68Yield: 1.3%Media giant Disney (NYSE:DIS) is one part growth stock and one part stable stock, and that makes it an attractive stock to own for investors seeking to mitigate risk without compromising too much on the potential return side of things.On the growth side, Disney is pivoting aggressively from linear television to internet television, and in so doing, is creating a streaming service that puts at least one part of the company on a potential supercharged Netflix (NASDAQ:NFLX) growth trajectory. If this streaming service takes off, this stock could fly high as cord-cutting concerns are laid to rest, and investors turn their attention towards streaming subscriber additions.At the same time, Disney is a stable stock because it's a media giant with a portfolio of high-quality content with enduring appeal. Regardless the channel of consumption, consumers always find a way to watch Disney content. That has been the case for several decades. It will remain the case for the next several decades, too. Consequently, stable and enduring demand is the backbone of DIS stock.Ultimately, this combination of stability and growth potential makes DIS stock a top-notch stock to consider for protection against a market downturn. Stable Stocks Worth Considering: AT&T (T)Source: Shutterstock Beta: 0.81Yield: 6.6%Over the past several years, shares of telecom giant AT&T (NYSE:T) have been dragged lower by a huge and growing debt load, slowing growth in its core business, and concerns regarding the longevity of its services.All these concerns have plunged AT&T stock into dirt cheap valuation territory. The dividend yield is up at 6.6%, which is essentially a five year high. Meanwhile, the forward earnings multiple is around 8.5, and that's near a five year low. In other words, you have a single-digit P/E multiple stock trading at a five year low valuation, with a dividend yield that is nearing 7% and at five year high levels.At those valuation levels, AT&T simply needs stabilization in order for the stock to work here. Stabilization is exactly what will happen over the next several years. Sure, cord cutting will persist. But the company will more aggressively pivot into building out DirecTV Now, and simultaneously up internet connectivity costs to offset cord cutting weakness. Meanwhile, the 5G boom will provide a nice tailwind for the wireless business, which should help offset continued wire-line weakness. * 7 Marijuana Stocks That Are Bleeding Cash Broadly, operations should be stable going forward, and stable operations on a single digit P/E stock with a near 7% yield is an attractive combination. Intel (INTC)Source: Shutterstock Beta: 0.41Yield: 2.4%Semiconductor giant Intel (NASDAQ:INTC) often gets thrown into the growth stock category given its exposure to secular growth markets. But Intel is just as much "stable stock" as it is "growth stock", and that makes INTC a winning pick for defensive investors still looking for healthy return potential.In the big picture, Intel is the 200-pound gorilla in the semiconductor market. They pretty much dominate everywhere it matters, and project to keep dominating as the market extends into data-centers, AI, machine learning, so on and so forth. Thus, demand for Intel's chips projects to remain stable for the foreseeable future.At the same time, secular growth drivers in data and AI markets could turn stable demand into stable and growing demand. That dynamic, on top of a stock with a 0.41 beta and 2.4% yield, should produce healthy risk-adjusted returns for investors. Coca-Cola (KO)Source: Leo Hidalgo via Flickr (Modified)Beta: 0.29Yield: 3.2%Last, but not least, on this list global beverage giant Coca-Cola (NYSE:KO). Much like McDonald's, Coca-Cola is a strong defensive buy for three reasons: low beta, high yield, and stable fundamentals.KO stock has a low beta of 0.29, and that low beta comes on top of a company that is able to produce healthy and consistent profit growth year after year. Further, the dividend yield stands north of 3%, which is equally impressive considering the underlying profit growth trajectory.This stable profit growth at Coca-Cola is supported stable growth fundamentals underlying the business. Long story short, consumers need to drink, and Coca-Cola gives them what they want to drink. For a long time, that was sugary carbonated beverages, so Coca-Cola made a wide variety of Coke-based products. Now, its athletic drinks, teas, and sparkling waters, so Coca-Cola has acquired a wide variety of drinks in those categories, and given them global distribution. * 10 Great Stocks to Buy on Dips Net result? Revenues and profits have remained on a healthy uptrend, despite an adverse change in consumer preference. This trend should broadly continue, so as long as consumers have a need to drink, Coca-Cola should remain a steady grower.As of this writing, Luke Lango was long MCD, AEP, DIS, NFLX, T, and INTC. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dangerous Dividend Stocks to Stay Far Away From * 7 Tips for New Investors Young and Old * 10 Great Stocks to Buy on Dips Compare Brokers The post 6 Stable Stocks Worth Buying for Protection appeared first on InvestorPlace.

  • AEP Releases 2019 Corporate Accountability Report
    PR Newswire12 days ago

    AEP Releases 2019 Corporate Accountability Report

    COLUMBUS, Ohio, May 9, 2019 /PRNewswire/ -- American Electric Power (AEP) has issued its 2019 Corporate Accountability Report, an annual assessment of its performance as a public company and a community partner. This is the 13th year AEP has released the report, which details its developments in energy and technology, social responsibility, community investments and environmental stewardship. The report's theme, "Innovating for a Boundless Energy Future," mirrors AEP's efforts to embrace technology and digitization to deliver clean, reliable energy to its customers and value to its shareholders, while also being a positive force in the communities it serves.

  • Dominion's (D) Q1 Earnings Lag Estimates, Revenues Up Y/Y
    Zacks17 days ago

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  • DTE vs. AEP: Which Stock Is the Better Value Option?
    Zacks18 days ago

    DTE vs. AEP: Which Stock Is the Better Value Option?

    DTE vs. AEP: Which Stock Is the Better Value Option?

  • Alliant Energy's (LNT) Q1 Earnings In Line, Revenues Up Y/Y
    Zacks18 days ago

    Alliant Energy's (LNT) Q1 Earnings In Line, Revenues Up Y/Y

    Alliant Energy's (LNT) total revenues in the first quarter improve 7.7% year over year, courtesy of increase in contribution from electric and gas utility business.

  • Exelon's (EXC) Q1 Earnings In Line, Revenues Beat Estimates
    Zacks19 days ago

    Exelon's (EXC) Q1 Earnings In Line, Revenues Beat Estimates

    Exelon's (EXC) Q1 earnings are in line with the Zacks Consensus Estimate but down on a year-over-year basis due to lower realized energy prices.

  • IDACORP's (IDA) Q1 Earnings Beat Estimates, Customers Rise
    Zacks19 days ago

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  • Eversource Energy (ES) Q1 Earnings & Revenues Beat Estimates
    Zacks19 days ago

    Eversource Energy (ES) Q1 Earnings & Revenues Beat Estimates

    Eversource Energy's (ES) Q1 earnings and revenues surpass estimates, courtesy of strong contribution from all the segments, except water distribution.

  • Thomson Reuters StreetEvents19 days ago

    Edited Transcript of AEP earnings conference call or presentation 25-Apr-19 1:00pm GMT

    Q1 2019 American Electric Power Company Inc Earnings Call

  • AEP is on the hunt to buy new wind and solar power
    American City Business Journals19 days ago

    AEP is on the hunt to buy new wind and solar power

    As its own plans for development run into resistance, American Electric Power Company Inc. is looking for other ways to buy renewable energy.  The company is taking bids to set up energy purchase agreements for solar or wind facilities that are operational or coming online soon within the 13-state footprint of its regional transmission organization, PJM Interconnection. At the company's annual shareholders meeting last month, CEO Nick Akins told investors the Columbus-based utility company was keeping its commitment to invest in renewable energy. Akins said in the company's first-quarter earnings call that renewables remained a focus and it had "made significant progress" on the strategy.

  • Will Q1 Earnings Fuel Southern Company Stock’s Rally?
    Market Realist20 days ago

    Will Q1 Earnings Fuel Southern Company Stock’s Rally?

    Will Q1 Earnings Fuel Southern Company Stock’s Rally?Southern Company’s EPS fell 20%Southern Company (SO) reported its first-quarter earnings today. It reported adjusted earnings of $0.70 per share, missing consensus estimates for the quarter.

  • AEP Subsidiary Public Service Company of Oklahoma to Redeem Senior Notes
    PR Newswire20 days ago

    AEP Subsidiary Public Service Company of Oklahoma to Redeem Senior Notes

    COLUMBUS, Ohio , April 30, 2019 /PRNewswire/ -- Public Service Company of Oklahoma , a public utility subsidiary of American Electric Power (NYSE: AEP), announced that on June 1, 2019 , it will redeem ...