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American Electric Power Company (AEP) Stock News, Nov 2025-Mar 2026

AEP NASDAQ

American Electric Power Company, Inc. reports regulated-utility developments across electricity generation, transmission and distribution. The company serves more than 5 million customers in 11 states and operates through utility businesses that include AEP Ohio, Indiana Michigan Power, Appalachian Power, AEP Texas and Southwestern Electric Power Co.

Recurring AEP news covers earnings, operating guidance, common stock dividends, capital investment plans, high-voltage transmission projects, customer load growth and data center-related power demand. Company updates also address operating-company leadership, state regulatory and stakeholder matters, and infrastructure planning tied to reliability and system expansion.

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American Electric Power (Nasdaq: AEP) announced leadership changes at Appalachian Power and Nuclear Development on March 17, 2026. Brian Abraham will join APCo as president and COO on April 13 to lead ~2,900 employees, succeeding Aaron Walker, who becomes VP, Engineering and Quality, Nuclear Development.

AEP reiterated a planned $72 billion investment from 2026–2030 and noted its scale: ~5.6 million customers, ~31,000 MW capacity, ~40,000 transmission line miles.

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American Electric Power (Nasdaq: AEP) named Adrian Rodriguez president and chief operating officer of AEP Texas, effective March 30, 2026, reporting to Bill Fehrman. Rodriguez succeeds Judith Talavera; Alex Ramirez will serve as interim president and COO until Rodriguez joins. Rodriguez brings regulatory, stakeholder and operational experience.

The appointment is intended to support Texas growth, strengthen stakeholder relationships and advance reliability and execution, leveraging AEP's 765-kV transmission capabilities.

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SWEPCO (AEP) announced Amazon will build a new data center in Northwest Louisiana, bringing customer-funded utility upgrades that SWEPCO says will not be charged to existing residential or business customers. The project will add transmission and substation improvements overseen by the Louisiana Public Service Commission and aims to strengthen grid reliability and regional economic growth.

SWEPCO reported ongoing grid work since 2025, including inspections and pole replacements to support resilience and future commercial demand.

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FirstEnergy Transmission (NYSE:FE) and Transource Energy received PJM Board approval on Feb 12, 2026 to jointly develop a major electric transmission project in central Ohio through Grid Growth Ventures LLC.

The plan includes >300 miles of new 765-kV lines and substation upgrades to boost reliability, support growing demand in the Columbus region, reduce land use by consolidating corridors, and attract industry investment.

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Transource Energy and FirstEnergy Transmission (NYSE:FE) received PJM Board approval on Feb 16, 2026 to develop a major transmission project in central Ohio through new joint venture Grid Growth Ventures. The plan includes ~300 miles of new 765-kV lines plus substation upgrades to boost reliability, support rising demand in greater Columbus, and enable economic growth.

The project is designed to consolidate capacity into high-voltage corridors (one 765-kV line can power two million homes) and reduce land use while improving outage restoration and access to affordable power.

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American Electric Power (Nasdaq: AEP) reported full-year 2025 GAAP earnings of $6.70 per share and operating earnings of $5.97 per share. Revenue rose to $21.876 billion for 2025. AEP reaffirmed 2026 operating earnings guidance of $6.15–$6.45 and long-term operating growth of 7–9%. The company doubled incremental load to 56 GW by 2030 and identified $5–$8 billion of potential investment beyond a $72 billion five-year capital plan.

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American Electric Power (Nasdaq:AEP) declared a regular quarterly cash dividend of $0.95 per share on common stock. The dividend is payable March 10, 2026 to shareholders of record as of Feb. 10, 2026. This marks the company's 463rd consecutive quarterly common stock cash dividend; AEP has paid a cash dividend every quarter since July 1910.

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AEP (NYSE:AEP) joint venture Midcontinent Grid Solutions (50/50 between Transource and BHE Transmission) will invest $1.2 billion to build a nearly 200-mile, 765-kV transmission line in Wisconsin following selection by MISO.

The Bell Center-Columbia–Sugar Creek–IL/WI State Line project aims to enhance reliability, strengthen the grid, and support growing demand inside the MISO footprint using Transource's "Guyed-Y" design to narrow right-of-way needs. A final route is not yet selected and the project targets a 2034 in-service date. Midcontinent Grid Solutions said it will engage landowners, stakeholders, and regulators during siting and outreach.

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Indiana Michigan Power (AEP) received Indiana Utility Regulatory Commission approval on Nov 19, 2025 to acquire the 870 MW Oregon Clean Energy Center, a natural gas plant in Oregon, Ohio. Combined with FERC approval in October 2025, I&M expects to complete ownership transfer in March 2026. The plant is part of I&M's Future Ready plan to meet forecasted Indiana peak growth from ~2,800 MW (2024) to >7,000 MW by 2030 and to diversify the company's generation mix.

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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.

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FAQ

What is the current stock price of American Electric Power (AEP)?

American Electric Power (AEP) last closed at $128.2.

What is the market cap of American Electric Power (AEP)?

The market cap of American Electric Power (AEP) is approximately $69.8B.