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AEP Reports Third-Quarter 2016 Earnings

  • Third-quarter 2016 GAAP loss of $1.56 per share, primarily driven by impairment of competitive generation assets
  • Third-quarter 2016 operating earnings of $1.30 per share
  • 2016 operating earnings guidance increased and narrowed
  • Investments in regulated businesses support continued earnings growth

AEP To Fuel Growth With Increased Investment In Regulated Operations and Renewables

AEP is increasing capital investment in its core operations over the next three years to support a higher operating earnings growth range of 5 to 7 percent from the previous 4 to 6 percent growth rate.

AEP Reports Strong 2016 Second-Quarter GAAP and Operating Earnings

  • Second-quarter 2016 GAAP earnings of $1.02 per share and operating earnings of $0.95 per share
  • Investments in regulated businesses support continued earnings growth

American Electric Power Declares Quarterly Dividend on Common Stock

The Board of Directors of American Electric Power Co. (NYSE: AEP) today declared a regular quarterly cash dividend of 56 cents a share on the company's common stock.

AEP Reports 2016 First-Quarter Earnings;
Performance On Track Despite Mild Weather For The Quarter

  • First-quarter 2016 earnings $1.02 per share GAAP and operating
  • Company reaffirms 2016 operating earnings guidance range of $3.60 to $3.80 per share
  • Company committed to 4 to 6 percent operating earnings growth

AEP Expects Today's Ohio Supreme Court Decisions To Financially Offset After RemandOhio Supreme Court upheld challenges to AEP Ohio capacity charges and deferrals, but rejected separate competitive transition charges

Two decisions today from the Ohio Supreme Court upheld capacity cost charges for American Electric Power's AEP Ohio utility unit, but rejected a part of AEP Ohio's retail stability rider (RSR) competitive transition charge. The full impact of today's decisions will be determined after remand to the Public Utilities Commission of Ohio (PUCO), but the company expects the net financial result will be minimal.

AEP Reports 2015 Fourth-Quarter and Year-End Earnings;
Strong Performance Driven By Investment In Core Operations

  • Fourth-quarter 2015 earnings $0.96 per share GAAP and $0.48 per share operating
  • Year-end 2015 earnings $4.17 per share GAAP and $3.69 per share operating
  • Company reaffirms 2016 operating earnings guidance range of $3.60 to $3.80 per share
  • Company increases planned capital investments for 2017 and 2018 to $5 billion annually

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