8/19/2022  9:59:58 PM Chg. +0.55 Volume Bid- Ask- Market Capitalization Dividend Y. P/E Ratio
104.93USD +0.53% 72,922
Turnover: 7.65 mill.
-Bid Size: - -Ask Size: - 52.52 bill.USD 2.86% 21.11

Business description

American Electric Power, based in Columbus, Ohio, is powering a cleaner, brighter energy future for its customers and communities. AEP’s employees operate and maintain the nation’s largest electricity transmission system and more than 223,000 miles of distribution lines to safely deliver reliable and affordable power to 5.5 million regulated customers in 11 states. AEP also is one of the nation’s largest electricity producers with approximately 30,000 megawatts of diverse generating capacity, including more than 5,600 megawatts of renewable energy. The company’s plans include growing its renewable generation portfolio to approximately 50% of total capacity by 2030. AEP is on track to achieve an 80% reduction in carbon dioxide emissions from 2000 levels by 2030 and has committed to achieve net zero by 2050. AEP is recognized consistently for its focus on sustainability, community engagement, and diversity, equity and inclusion. AEP’s family of companies includes utilities AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas Panhandle). AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide.
 

Management board & Supervisory board

CEO
Nicholas K. Akins
Management board
Julie Sloat, Charles E. Zebula, Charles Patton, David M. Feinberg, Greg Hall, Julie Sherwood, Lisa M. Barton, Melissa McHenry, Paul Chodak III, Phil Ulrich, Raja Sundararajan, Therace Risch, Toby L. Thomas, Tony Kavanagh
Supervisory board
Nicholas K. Akins, Art A. Garcia, Benjamin G. S. Fowke III, Daryl Roberts, David J. Anderson, Donna A. James, J. Barnie Beasley, Jr., Lewis Von Thaer, Linda A. Goodspeed, Margaret M. McCarthy, Oliver G. Richard III, Sandra Beach Lin, Sara Martinez Tucker, Steve Rasmussen, Thomas E. Hoaglin
 

Company data

Name: American Electric Power Company Inc.
Address: 1 Riverside Plaza,Columbus, Ohio 43215, USA
Phone: +1-614-716-1000
Fax: -
E-mail: corpcomm@aep.com
Internet: www.aep.com
Industry: Energy & Utilities
Sector: Energy Companies
Sub sector: Electric Utilities
End of financial year: 12/31
Free Float: 77.98%
IPO date: -

Investor relations

Name: Darcy Reese
IR phone: +1-614-716-2614
IR Fax: -
IR e-mail: -

Main Shareholders

Freefloat
 
77.98%
The Vanguard Group, Inc.
 
8.55%
BlackRock, Inc.
 
8.40%
T. Rowe Price Associates, Inc.
 
5.07%