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American Electric Power Co Inc AEP Stock Quote

| Rating as of

Morningstar‘s Stock Analysis AEP

Valuation
Currency in USD
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

American Electric Power CEO Akins to Retire at Year-End; Sloat a Strong Replacement

Andrew Bischof, CFA, CPA Senior Equity Analyst

Analyst Note

| Andrew Bischof, CFA, CPA |

We are reaffirming our $92 fair value estimate for American Electric Power after the company announced that chair and CEO Nick Akins plans to retire at the end of the year. Our narrow moat and stable moat trend ratings are unchanged.

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Key Statistics AEP

Company Profile AEP

Business Description

American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million retail customers in 11 states. About 43% of AEP's of capacity is coal, with the remainder from a mix of natural gas (27%), renewable energy and hydro (19%), nuclear (7%), and demand response (4%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.

Contact
1 Riverside Plaza
Columbus, OH, 43215-2373
T +1 614 716-1000
Industry Utilities - Regulated Electric
Most Recent Earnings Jun 30, 2022
Fiscal Year End Dec 31, 2022
Stock Type Slow Growth
Employees 16,688

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