AllAnalyst Report
logoMorningstarOctober 22, 2020

American Electric Power Company, Inc.: American Electric Power Continues to Manage Pandemic Headwinds Well

Symbols
AEP
Sector(s)
Utilities
Rating
Current Price
$82.56
Fair Value
Economic Moat
Stewardship
Summary

American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million retail customers in 11 states. About 45% of AEP's of capacity is coal, with the remainder from a mix of natural gas (28%), renewables (17%), nuclear (7%), and demand response (3%). Vertically integrated utiliti

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Analyst Profile

Andrew Bischof

Senior Equity Analyst
Andrew Bischof, CFA, CPA, is a senior equity analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers regulated utilities, diversified utilities, and independent power producers.Before joining Morningstar in 2011, Bischof was a senior treasury analyst for Mead Johnson Nutrition. Previously, he was a group audit officer for Bank of America in Chicago, and before that, an auditor for Ernst & Young.Bischof holds a bachelor’s degree in business administration and accounting and a master’s degree in accounting from the University of Wisconsin. He also holds a master’s degree in business administration, with a concentration in finance, from Indiana University’s Kelley School of Business and the Chartered Financial Analyst® and Certified Public Accountant designations.