American Electric Power Company Inc (OQ:AEP)
Business Focus: Electric Utilities
| Sector: Utilities | Industry: Electric Utilities |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 1 Riverside Plz COLUMBUS OH 43215-2355 |
| Tel: | 1-614-7162614 |
| Website: | https://www.aep.com |
| IR: | See website |
| Key People | ||
| Benjamin G. S. Fowke President, Interim Chief Executive Officer, Director | Charles E. Zebula Chief Financial Officer, Executive Vice President | Phillip R. Ulrich Chief Human Resource Officer, Executive Vice President |
| Therace M. Risch Executive Vice President, Chief Technology Officer, Chief Information Officer | David M. Feinberg Executive Vice President, General Counsel, Secretary | Christian T. Beam Executive Vice President - Energy Services |
| Greg B. Hall Executive Vice President, Chief Commercial Officer | Peggy I. Simmons Executive Vice President - Utilities | Antonio Smyth Executive Vice President - Grid Solutions and Government Affairs |
| Business Overview |
| American Electric Power Company, Inc. is an electric public utility holding company. It operates and maintains the electricity transmission system and distribution lines to deliver power. Its segments include Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing. Vertically Integrated Utilities segment is engaged in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers. Transmission and Distribution Utilities segment is engaged in the transmission and distribution of electricity for sale to retail and wholesale customers. AEP Transmission Holdco segment is engaged in the development, construction, and operation of transmission facilities. Generation & Marketing segment conducts marketing, risk management and retail activities. It is also an electricity producer with nearly 29,000 megawatts (MW) of generating capacity, including about 6,100 MW of renewable energy. |
| Financial Overview |
| For the three months ended 31 March 2024, American Electric Power Company Inc revenues increased 7% to $5.03B. Net income increased from $397M to $1B. Revenues reflect General and Marketing segment increase of 58% to $515.9M, Vertically integrated Utilities segment increase of 3% to $2.9B. Net income benefited from Purchased Electricity Fuel And Other Con decrease of 8% to $1.58B (expense). |
| Employees: | 17,250 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $91,415M as of Mar 31, 2024 |
| Annual revenue (TTM): | $19,317M as of Mar 31, 2024 |
| EBITDA (TTM): | $7,211M as of Mar 31, 2024 |
| Net annual income (TTM): | $2,814M as of Mar 31, 2024 |
| Free cash flow (TTM): | -$3,269M as of Mar 31, 2024 |
| Net Debt Last Fiscal Year: | $43,126M as of Mar 31, 2024 |
| Shares outstanding: | 527,121,759 as of Apr 30, 2024 |
| Index Membership: | S&P 500, Dow Utility |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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