American Electric Power Co Inc (AEP.DE)
American Electric Power Co Inc operates in the Regulated Electric industry of the Utilities sector, headquartered in Columbus, OH, US. The stock last traded at $104.00, up 1.17% on the session, giving a market capitalisation of $56.62B. Its beta of 0.26 implies it has historically moved less than the broad market.
American Electric Power Co., Inc. (AEP) functions as an energy holding enterprise, primarily engaged in the production, transmission, and distribution of electricity. This Columbus, Ohio-based company employs 17,582 full-time staff. Its numerous utility subsidiaries provide service to customers in eleven states: Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia, and West Virginia. AEP's operations are divided into several key segments, namely Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing. The Vertically Integrated Utilities division oversees the comprehensive process of generating, transmitting, and delivering electricity to both retail and wholesale consumers. The Transmission and Distribution Utilities segment concentrates on conveying and distributing power to its customer base. Finally, AEP Transmission Holdco is responsible for the development, construction, and operation of essential transmission infrastructure.
American Electric Power Co Inc is most often compared with the following Utilities names: