|Bid||0.00 x 1800|
|Ask||0.00 x 800|
|Day's Range||71.89 - 72.64|
|52 Week Range||62.71 - 78.07|
|PE Ratio (TTM)||18.46|
|Earnings Date||Oct 24, 2018 - Oct 29, 2018|
|Forward Dividend & Yield||2.48 (3.42%)|
|1y Target Est||74.79|
COLUMBUS, Ohio, Aug. 20, 2018 /PRNewswire/ -- American Electric Power (AEP) has named Peggy Simmons president and chief operating officer of its Public Service Company of Oklahoma (PSO) utility company, effective Sept. 8. Simmons replaces Stuart Solomon, who is joining AEP's generation organization as senior vice president – Generation Services. Simmons will have responsibility for all aspects of electric service for PSO's more than 550,000 customers.
COLUMBUS, Ohio , Aug. 20, 2018 /PRNewswire/ -- Indiana Michigan Power Company, a public utility subsidiary of American Electric Power (NYSE: AEP), announced that on Sept. 7, 2018 , it will redeem the entire ...
The Vanguard Group held 7.5% of American Electric Power Company’s (AEP) total outstanding shares on June 30. It sold net ~0.8 million shares in the second quarter, which took its holdings down to 37.0 million shares.
This was part of his "Executive Decision" segment and Cramer called AEP his favorite utility. In this daily bar chart of AEP, below, we can see a possible "lopsided double bottom pattern." There is a low in February near $63 and then another low in June just below $63. The daily On-Balance-Volume (OBV) line followed the price action and made lows in February/March and May/June.
CNBC's Jim Cramer thinks that it's time to replace FANG with WANG after Walmart released strong earnings on Thursday. American Electric Power's CEO Nick Akins says that the utility company sees electric cars as a sales growth opportunity and plans to install electric charging stations in the Ohio area. It might be time to rethink FANG, according to CNBC's Jim Cramer.
NEW YORK, Aug. 09, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of New ...
Wall Street analysts’ mean target price of $72.92 for Dominion Energy (D) implies a 3.70% upside over the next 12 months based on its current price of $70.32. Of the 14 analysts covering Dominion Energy, two recommend “strong buy,” one recommends “buy,” and 11 recommend “hold.”
COLUMBUS, Ohio , Aug. 2, 2018 /PRNewswire/ -- American Electric Power (NYSE: AEP), today issued a request for proposal (RFP) for the supply of coal to one or more of its generating stations in multiple ...
Few U.S. energy policies can bring together coal miners, oil drillers, environmentalists, Republicans and Democrats. A Reuters survey of the top 10 U.S. power companies showed eight have no plans to purchase and install carbon capture and storage (CCS) equipment, citing high costs and uncertain demand, while the other two declined to comment. The technology employs sophisticated equipment to pull carbon dioxide from industrial plants and then inject it underground so it never pollutes the atmosphere.
COLUMBUS, Ohio , July 30, 2018 /PRNewswire/ -- American Electric Power (NYSE: AEP) has named Derek Kramer vice president and chief digital officer, a newly created role with responsibility for leading ...
American Electric Power Co. said Friday that it is scrapping plans to develop one of the largest wind farms in the U.S., a day after the project was rejected by Texas regulators. Called Wind Catcher, the 2-gigawatt project was slated to be built in the Oklahoma Panhandle at an expected price tag of $4.5 billion. It would have served customers in Arkansas, Louisiana, Oklahoma and Texas via a related 350-mile transmission line.
American Electric Power Co.’s $4.5 billion Wind Catcher project was done in by shaky economics, and may become a teaching moment for other developers planning big clean-energy projects. The company pulled the plug Friday on what would have been the biggest-ever U.S. wind farm. Texas regulators rejected the project Thursday because it didn’t offer enough benefits for ratepayers, and Oklahoma came to a similar conclusion in February.
COLUMBUS, Ohio, July 27, 2018 /PRNewswire/ -- American Electric Power (AEP) is canceling the Wind Catcher project as a result of the Public Utility Commission of Texas' July 26 decision to deny approval of the project. The project had been approved by the Arkansas Public Service Commission, Louisiana Public Service Commission and Federal Energy Regulatory Commission. A decision was pending at the Oklahoma Corporation Commission.
Texas dealt a potential death blow to what would be the largest-ever U.S. wind farm: American Electric Power Co.’s $4.5 billion Wind Catcher project. The Texas Public Utility Commission on Thursday unanimously rejected the project as proposed, saying it doesn’t offer enough benefits for ratepayers as currently structured. American Electric said it was evaluating its options.
American Electric Power Company’s (AEP) target dividend growth of ~5% per year might not be an issue, considering its fair earnings growth for the next few years. AEP is one of the biggest utility holding companies in the country, with highly geographically diverse operations. It gets more than two-thirds of its total earnings from regulated operations, while the rest comes from competitive operations.
American Electric Power Company (AEP) has increased its dividends roughly in line with the industry in the last five years. The utility is aiming for annual earnings growth of 5%–7% for the next few years. Its expected dividend growth is expected to remain at ~5% for the foreseeable future. Utilities (XLU) at large are aiming for a dividend growth of 4%–6% per year.
American Electric Power (AEP) surpasses second-quarter earnings and revenues estimates, courtesy of its investment to strengthen operations and favorable weather, which is thereby driving demand.
Analysts’ mean price target of $73.00 for Dominion Energy (D) stock implies an upside of ~3.0% for it over the next 12 months based on its current price of $70.99.