December 6, 2017
AEP has again been named one of the Best Places to Work for LGBT Equality by the Human Rights Campaign Foundation. AEP earned a perfect score for the second consecutive year on the foundation's 2018 Corporate Equality Index, a national benchmark of workplace policies, benefits and practices for members of the lesbian, gay, bisexual and transgender communities.
December 5, 2017
American Electric Power is participating in a voluntary industry initiative to help provide electric industry investors with more uniform and consistent environmental, social, governance, and sustainability-related (ESG/sustainability) metrics. The company is incorporating the Edison Electric Institute's (EEI's) pilot ESG/sustainability reporting template into its long-term program of corporate accountability reporting.
November 27, 2017
AEP is seeking bids for the supply of coal to one or more of its generating stations.
November 27, 2017
American Electric Power has named Ashley M. Weaver vice president, Operations and Performance Transformation, with responsibility for leading the company's continuous improvement efforts, effective Jan. 3, 2018. She will replace Barbara D. Radous, senior vice president, who is retiring from the company.
November 7, 2017
James X. Llende will join American Electric Power Nov. 9 as vice president, Tax, with responsibility for AEP 's federal, state and local tax compliance, tax audit, tax accounting and tax planning functions. He will replace Mark Pyle, who will retire from the company Jan. 28, 2018. Llende, 49, is currently senior tax director at NextEra Energy Inc. He will report to Joseph Buonaiuto, senior vice president, controller and chief accounting officer.
November 3, 2017
AEP To Fuel 5 To 7 Percent Earnings Growth With Investments In Regulated Business And Renewables; Raises CapEx
American Electric Power is increasing capital investment in its regulated operations and new, renewable generation over the next three years to provide more advanced, cleaner energy solutions for its customers. The company reaffirmed its 2018 operating earnings (earnings excluding special items) guidance range of $3.75 to $3.95 per share and its projected operating earnings growth rate of 5 to 7 percent. The company also reaffirmed its narrowed 2017 operating earnings guidance of $3.55 to $3.68 per share. AEP management will discuss the company's financial outlook and earnings growth strategy at the annual Edison Electric Institute Financial Conference that begins Sunday in Lake Buena Vista, Florida.
November 2, 2017
AEP Announces Live Webcast Of Presentation By Chief Executive Officer At EEI Financial Conference Nov. 7
American Electric Power has scheduled a live audio webcast of remarks by AEP Chairman, President and Chief Executive Officer Nicholas K. Akins Nov. 7 at the 52nd annual Edison Electric Institute Financial Conference in Lake Buena Vista, Florida.
October 26, 2017
AEP Reports Third-Quarter 2017 Earnings; Narrows Full-Year Operating Earnings (Non-GAAP) Guidance Range to $3.55 to $3.68 Per Share
- Third-quarter 2017 GAAP earnings of $1.11 per share; third-quarter 2017 operating earnings of $1.10 per share
- Company reaffirms 2018 GAAP and operating earnings guidance range of $3.75 to $3.95 per share
- Company reaffirms 5 to 7 percent operating earnings growth rate
October 24, 2017
COLUMBUS, Ohio, Oct. 24, 2017 - The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 62 cents a share on the company's common stock, an increase of 5.1 percent from the previous 59 cents a share. AEP last increased its dividend in October 2016.
October 20, 2017
AEP has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. EDT Thursday, Oct. 26. The call will be broadcast live over the internet at http://www.aep.com/webcasts.
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