American Electric Power Company, Inc. (AEP)

AEP's stock has fluctuated between $97.46 and $124.80 in the past six months, with a closing price of $120.80 as of February 6, 2026. On October 29, 2025, AEP reported third-quarter GAAP earnings of $1.82 per share and operating earnings of $1.80 per share, reaffirming its full-year 2025 operating earnings guidance. The company announced an increased long-term operating earnings growth rate of 7-9% over the next five years, supported by a $72 billion capital plan. In January 2026, AEP exercised an option to purchase Bloom Energy's fuel cells for $2.65 billion.

Demand for American Electric Power's products and services exhibits seasonality, with expectations of significant increases in electricity demand. Commercial sales are projected to grow substantially, with an expected increase of 23.9% in 2025, followed by 19% and 16.1% in the subsequent two years. Overall weather-normalized retail electric load across AEP's service area is anticipated to grow by approximately 8.6% annually over the next three years. The company's summer peak load is expected to surge to 65 GW by 2030, up from a current peak of 37 GW, indicating higher demand during warmer months.

American Electric Power Co., Inc. (AEP) is an investor-owned electric utility that operates in the utilities sector, focusing on electricity generation, transmission, and distribution. AEP uses a mix of power plants, including fossil fuels, natural gas, nuclear, and hydropower, and is adding renewable resources. AEP serves retail customers through its subsidiaries and provides wholesale power and grid services. AEP Energy offers electricity and natural gas to residential and business customers, including renewable energy options. The company supports various industries by providing power and economic development advisory services.

American Electric Power serves approximately 5.6 million customers across an 11-state service territory, spanning over 200,000 square miles, including Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia, and West Virginia. AEP owns and operates the nation's largest electric transmission system, comprising 40,000 miles of power lines, and manages over 225,000 miles of distribution lines.

American Electric Power has consistently maintained a strong brand reputation. AEP was named to the JUST 100 list for the fifth consecutive year in February 2025 and was included in Fortune magazine's "World's Most Admired Companies" list for the tenth consecutive year in February 2023. In January 2026, AEP's operating companies were highlighted for their efforts in building customer trust through improved communication, enhanced service reliability, and responsive programs. AEP crews worked to restore power after Winter Storm Fern in early 2026.

Institutional investors hold over three-quarters of American Electric Power's outstanding shares. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., State Street Corp, GQG Partners LLC, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Wellington Management Group Llp, VFINX - Vanguard 500 Index Fund Investor Shares, Morgan Stanley, Geode Capital Management, Llc, and Invesco Qqq Trust, Series 1. Invesco owns approximately 7.8 million shares.