Americn Electric Stock Price, News & Analysis

AEP (Nasdaq: AEP) and Quanta Services (NYSE: PWR) announced long-term strategic agreements on Nov 5, 2025 to support AEP's $72 billion capital plan. The collaboration includes a Cooperation and Commitment Agreement for design, engineering, procurement and construction of 765 kV and other high-voltage transmission, plus a Development Services Agreement to expand domestic manufacturing of extra-high-voltage transformers and circuit breakers. The partnership aims to improve cost predictability, delivery certainty and supply-chain resilience while serving growing demand from data centers and the hyperscale market.

American Electric Power (Nasdaq: AEP) reported 3Q25 GAAP EPS $1.82 and operating EPS $1.80, and reaffirmed 2025 operating guidance of $5.75–$5.95 (expecting results in the upper half).

AEP announced a five-year $72 billion capital plan supporting 28 GW of load backed by agreements, a 10% rate-base CAGR to $128 billion by 2030, and an increased long-term operating EPS growth target of 7–9% through 2030. The company plans $30B transmission, $20B generation, and $17B distribution investments; peak demand is forecast to reach 65 GW by 2030.

American Electric Power (Nasdaq: AEP) announced a quarterly cash dividend of $0.95 per share, an increase of from the prior dividend. The dividend is payable Dec. 10, 2025 to shareholders of record as of Nov. 10, 2025. This marks AEP's 462nd consecutive quarterly dividend and continues a streak of quarterly payments since July 1910 (115 years).

American Electric Power (Nasdaq: AEP) closed a $1.6 billion loan guarantee from the U.S. Department of Energy Loan Programs Office on Oct. 16, 2025 to upgrade nearly 5,000 miles of transmission lines in Indiana, Michigan, Ohio, Oklahoma, and West Virginia.

The financing at a preferred interest rate is expected to save customers an estimated $275 million in financing costs over the loan life, support replacement of lines in existing rights-of-way to carry more energy, and create approximately 1,100 construction jobs. AEP says upgrades will enhance reliability and help meet an estimated 24 GW of new demand tied to data centers, AI and manufacturing. About 100 miles in Ohio and Oklahoma are the first projects; additional funding and projects will follow.

American Electric Power (NASDAQ: AEP) subsidiary Indiana Michigan Power (I&M) has filed a special joint contract with Google for a custom Demand Response structure to support capacity needs through clean generation. The agreement, filed with the Indiana Utilities Regulatory Commission on July 30, will enable Google to reduce or shift electricity demand during peak hours at its upcoming $2 billion Fort Wayne data center.

The partnership aims to manage electricity demand during peak times, potentially lowering overall energy costs for all I&M customers. Google's data center, announced in April 2024, represents one of Indiana's largest economic development projects. I&M currently serves over 600,000 customers with a diverse generation portfolio including 2,278 MW of nuclear, 450 MW of wind, and other renewable sources, with over 85% of energy delivered in 2023 being emission-free.

American Electric Power (Nasdaq: AEP) reported strong Q2 2025 results with operating earnings of $1.43 per share, up from $1.25 in Q2 2024. The company is now guiding to the upper half of its 2025 operating earnings guidance range of $5.75 to $5.95 per share and reaffirmed its 6-8% long-term growth rate.

Key highlights include securing customer agreements for 24 gigawatts of new load by 2030, a planned announcement of a new $70 billion five-year capital plan, and completion of a $2.82 billion transaction with KKR and PSP Investments for a 19.9% equity stake in AEP's Ohio and Indiana Michigan transmission companies. The company's peak load is expected to exceed 60 gigawatts, positioning it among the fastest-growing in the industry.

American Electric Power (Nasdaq: AEP) has announced its quarterly cash dividend of $0.93 per share on common stock. The dividend will be paid on September 10, 2025, to shareholders of record as of August 8, 2025.

This marks AEP's 461st consecutive quarterly dividend, maintaining the company's remarkable track record of paying dividends every quarter since July 1910, demonstrating over 113 years of consistent shareholder returns.

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AEP Ohio (Nasdaq: AEP) has received approval from the Public Utilities Commission of Ohio (PUCO) for its proposal regarding data center energy requirements. The ruling establishes new financial obligations for data centers to support necessary infrastructure costs.

Under the approved plan, large data centers must pay for 85% of their subscribed energy capacity regardless of actual usage. The requirements will be in place for 12 years, including a 4-year ramp-up period. The plan includes a sliding scale for smaller facilities and requires proof of financial viability from data center owners. The agreement also outlines a process to end the moratorium on new Central Ohio data center agreements.

American Electric Power (AEP) announced key executive leadership changes to strengthen its strategic positioning. Rob Berntsen will become executive vice president and general counsel effective July 14, replacing David Feinberg who will briefly serve as senior advisor to the CEO before departing August 15. Additionally, Johannes Eckert has been appointed as executive vice president and chief information and technology officer, effective July 21. Both executives will report directly to CEO Bill Fehrman. Berntsen brings over 20 years of energy industry experience, while Eckert is noted for his expertise in cloud architecture, infrastructure, and customer experience transformation. These appointments aim to help AEP navigate industry changes and advance its grid transformation and customer service initiatives.