AEP: Google Announcement Supports Current Investment Outlook
American Electric Power announced plans to invest $4 billion for a 702 megawatt fuel center project under a long-term power purchase agreement with Google.
American Electric Power Co Inc AEP
Bulls Say, Bears Say
Bulls
Investments in transmission, distribution, and generation during the next several years should support earnings growth above the sector average.
Bears
AEP has struggled to earn its regulatory allowed returns at some of its regulated utilities.
News
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AEP Increases Quarterly Dividend to 97 Cents a Share
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AEP, X-Energy and Amazon Partner to Explore Constructing Nuclear Energy Project in Indiana
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AEP Partners with Amazon and X-energy to Explore Advanced Nuclear Energy in Indiana
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X-energy, Amazon, American Electric Power Partner to Bring SMR Project to Indiana
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American Electric Power to Invest $4 Billion in Fuel Cell Project to Meet Energy Demand From Google
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AEP Advances Innovative Energy Solution for Google with 702MW of Bloom Fuel Cells
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Kentucky Power, TeraWulf Finalize Expanded Agreement Providing for $100 Million in Customer Benefits
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HOOSIERS EXPECTED TO SEE SAVINGS AS I&M ADVANCES ONE OF THE NATION'S LARGEST RATE REDUCTION PLANS
Articles & Videos
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Utilities: Data Center Demand Brings Growth and Risks for Investors
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Markets Brief: Which Utilities Stocks Are the Best Data Center Plays?
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35 New 4-Star Stocks This Week
Trading Information
- Previous Close Price
- $127.22
- Day Range
- $127.18–128.18
- 52-Week Range
- $112.54–140.58
- Bid/Ask
- $126.37 / $128.00
- Shares Outstanding
- 544.40M
- Market Cap
- $69.35B
- Volume/Avg
- 2M / 4M
Key Statistics
- Price/Earnings (Normalized)
- 21.26
- Price/Sales
- 3.04
- Dividend Yield (Trailing)
- 2.98%
- Dividend Yield (Forward)
- 3.05%
- Dividend Payment Schedule
- Mar, Jun, Sep, Dec
- Total Yield
- 2.98%
Company Profile
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 customers in 11 states. About 39% of AEP's capacity is coal, with the remainder from a mix of natural gas (28%), renewable energy and hydro (23%), nuclear (7%), and demand response (3%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- Stock Style Box
- Mid Value
- Total Number of Employees
- 17,581
- Website
- https://www.aep.com
Competitors
Valuation
|
Metric
|
AEP
|
D
|
DUK
|
|---|---|---|---|
Price/Earnings (Normalized) | 21.26 | 17.92 | 18.09 |
Price/Book Value | 2.16 | 1.96 | 1.75 |
Price/Sales | 3.04 | 2.99 | 2.82 |
Price/Cash Flow | 9.48 | 8.41 | 7.08 |
Price/Earnings
AEP
D
DUK
Financial Strength
|
Metric
|
AEP
|
D
|
DUK
|
|---|---|---|---|
Quick Ratio | 0.28 | 0.32 | 0.26 |
Current Ratio | 0.50 | 0.81 | 0.66 |
Interest Coverage | 2.61 | 2.45 | 2.63 |
Quick Ratio
AEP
D
DUK
Profitability
|
Metric
|
AEP
|
D
|
DUK
|
|---|---|---|---|
Return on Assets (Normalized) | 2.92% | 2.67% | 2.27% |
Return on Equity (Normalized) | 10.77% | 11.21% | 8.59% |
Return on Invested Capital (Normalized) | 6.47% | 5.96% | 5.30% |
Return on Assets
AEP
D
DUK
Utilities - Regulated Electric Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
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|
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|---|---|---|---|---|---|---|
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NEE
| LOCK|b!g!TQp | LOCK|>ZJ> | $163B | |||
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SO
| LOCK|jzNGY@S | LOCK|J!Dc | $104B | |||
| Duke Energy Corp
DUK
| LOCK|rCV<!q | LOCK|plM^? | $94B | |||
| National Grid PLC ADR
NGG
| LOCK|$&$!!& | LOCK|@zf!< | $81B | |||
| Dominion Energy Inc
D
| LOCK|?%lX#FD | LOCK|XCb@ | $55B | |||
| Entergy Corp
ETR
| LOCK|pg$h$V@ | LOCK|rnBY# | $51B | |||
| Xcel Energy Inc
XEL
| LOCK|pn<&JH | LOCK|C^$M | $48B | |||
| Exelon Corp
EXC
| LOCK|cs&PPz | LOCK|$S?$ | $44B | |||
| Consolidated Edison Inc
ED
| LOCK|DTJPb@K | LOCK|&&% | $41B |
United States