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AEPPZ

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American Electric Power Company Inc

47.12
0.00 (0.00%)
Last Update: 23 Aug 2023 16:30:00
Yesterday: 47.12
Day's Range: 47.12 - 47.12
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When Written:
 
50.35
American Electric Power Company Inc. (AEP) is a public utility holding company based in Columbus, Ohio. AEP is one of the largest electric utilities in the United States, serving more than 5 million customers across 11 states. The company operates in the Midwest, South, and Southwest regions of the country.

AEP's primary business is the generation, transmission, and distribution of electricity. The company owns and operates more than 38,000 megawatts of generating capacity, including coal, natural gas, nuclear, and renewable energy sources such as wind and solar. AEP has a transmission system spanning more than 40,000 miles and a distribution network serving more than 2.5 million customers.

AEP's subsidiaries include AEP Ohio, AEP Texas, Appalachian Power, Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, Southwestern Electric Power Company, and Wheeling Power Company.

AEP is committed to sustainability and has set a goal to reduce its carbon dioxide emissions by 80% from 2000 levels by 2050. The company is also investing in renewable energy sources and has a goal to add 5,000 megawatts of renewable energy to its portfolio by 2030.

As of 2021, AEP had a market capitalization of approximately $50 billion and employed more than 17,000 people.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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