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American Electric Power Company (AEP) Stock News, Jun 15, 2020

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.

Rhea-AI Summary

American Electric Power (NYSE: AEP) has appointed Michael Deggendorf as vice president of Transmission Asset Strategy and Policy, effective April 20, 2020. Deggendorf succeeds Daniel Rogier, who is retiring after a 40-year career with AEP. In his new role, Deggendorf will oversee regulatory and finance functions tied to AEP's multi-billion-dollar transmission investments. He brings over 30 years of experience in the energy sector, previously serving as senior vice president at Great Plains Energy. AEP, based in Columbus, Ohio, operates the nation's largest electricity transmission system.

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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.