american electric power is one of the largest electric utilities in the united states, delivering electricity to more than 5 million customers in 11 states. aep ranks among the nation’s largest generators of electricity, owning nearly 38,000 megawatts of generating capacity in the u.s. aep also owns the nation’s largest electricity transmission system, a nearly 39,000-mile network that includes more 765-kilovolt extra-high voltage transmission lines than all other u.s. transmission systems combined. aep’s utility units operate as 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 and east texas). aep’s headquarters are in columbus, ohio.
Company profile
Ticker
AEP
Exchange
Website
CEO
Nicholas Akins
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
AMERICAN ELECTRIC POWER COMPANY INC
SEC CIK
Corporate docs
IRS number
134922640
AEP stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
13 Mar 24
8-K
AEP Reports 2023 Earnings Results
26 Feb 24
8-K
AEP Announces CEO Transition
26 Feb 24
8-K
AEP Appoints Two New Directors
12 Feb 24
8-K
Material Impairments
11 Jan 24
8-K
Material Impairments
20 Dec 23
8-K
Other Events
8 Dec 23
424B2
Prospectus for primary offering
7 Dec 23
FWP
Free writing prospectus
6 Dec 23
424B5
Prospectus supplement for primary offering
6 Dec 23
Transcripts
AEP
Earnings call transcript
2023 Q3
2 Nov 23
AEP
Earnings call transcript
2023 Q2
27 Jul 23
AEP
Earnings call transcript
2023 Q1
4 May 23
AEP
Earnings call transcript
2022 Q4
23 Feb 23
AEP
Earnings call transcript
2022 Q3
27 Oct 22
AEP
Earnings call transcript
2022 Q2
27 Jul 22
AEP
Earnings call transcript
2022 Q1
28 Apr 22
AEP
Earnings call transcript
2021 Q4
24 Feb 22
AEP
Earnings call transcript
2021 Q3
28 Oct 21
AEP
Earnings call transcript
2021 Q2
22 Jul 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 407.10 mm | 407.10 mm | 407.10 mm | 407.10 mm | 407.10 mm | 407.10 mm |
Cash burn (monthly) | (no burn) | 14.18 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 79.75 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 327.35 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 23.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
50.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1087 |
Opened positions | 160 |
Closed positions | 320 |
Increased positions | 357 |
Reduced positions | 423 |
13F shares | Current |
---|---|
Total value | 20.54 tn |
Total shares | 265.46 mm |
Total puts | 648.70 k |
Total calls | 1.52 mm |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 49.23 mm | $4.00 tn |
Wellington Management | 28.43 mm | $2.31 tn |
STT State Street | 28.07 mm | $2.28 tn |
MS Morgan Stanley | 11.96 mm | $971.56 bn |
IVZ Invesco | 8.78 mm | $713.07 bn |
Massachusetts Financial Services | 6.03 mm | $490.13 bn |
BEN Franklin Resources | 5.60 mm | $455.05 bn |
LGEN Legal & General | 5.45 mm | $442.34 bn |
NTRS Northern Trust | 4.90 mm | $397.81 bn |
FHI Federated Hermes Inc - Ordinary Shares | 4.67 mm | $379.57 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Mar 24 | Greg B Hall | Common Stock | Payment of exercise | Dispose F | No | No | 0 | 1,142 | 0.00 | 12,313 |
1 Mar 24 | Greg B Hall | Common Stock | Grant | Acquire A | No | No | 0 | 3,845 | 0.00 | 13,455 |
1 Mar 24 | Feinberg David Matthew | Common Stock | Payment of exercise | Dispose F | No | No | 0 | 7,489 | 0.00 | 22,115 |
1 Mar 24 | Feinberg David Matthew | Common Stock | Grant | Acquire A | No | No | 0 | 16,767 | 0.00 | 29,604 |
1 Mar 24 | Peggy Simmons | Common Stock | Payment of exercise | Dispose F | No | No | 0 | 207 | 0.00 | 17,036 |
1 Mar 24 | Peggy Simmons | Common Stock | Grant | Acquire A | No | No | 0 | 3,185 | 0.00 | 17,243 |
1 Mar 24 | Antonio P Smyth | Common Stock | Payment of exercise | Dispose F | No | No | 0 | 219 | 0.00 | 15,810 |
1 Mar 24 | Antonio P Smyth | Common Stock | Grant | Acquire A | No | No | 0 | 3,845 | 0.00 | 16,029 |
1 Mar 24 | Charles E Zebula | Common Stock | Payment of exercise | Dispose F | No | No | 0 | 6,453 | 0.00 | 54,498 |
1 Mar 24 | Charles E Zebula | Common Stock | Grant | Acquire A | No | No | 0 | 14,530 | 0.00 | 60,951 |
News
UBS Downgrades American Electric Power to Sell, Lowers Price Target to $83
11 Mar 24
BMO Capital Reiterates Outperform on American Electric Power, Raises Price Target to $90
8 Mar 24
Ladenburg Thalmann Downgrades American Electric Power to Sell, Lowers Price Target to $73
8 Mar 24
How Is The Market Feeling About American Electric Power?
1 Mar 24
Barclays Downgrades American Electric Power to Equal-Weight, Lowers Price Target to $83
28 Feb 24