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American Electric Power Co Inc - Stock Quote AEP

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Morningstar's American Electric Power Co Inc Stock Analysis

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1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

Capital Allocation

PREMIUM

AEP Continues to Progress on Strategic Initiatives, Reports Strong First-Quarter Earnings

Andrew Bischof, CFA, CPA Senior Equity Analyst

Analyst Note

| Andrew Bischof, CFA, CPA |

We are reaffirming our $91 fair value estimate after American Electric Power reported first-quarter operating earnings per share of $1.22 compared with $1.15 in the year-ago period. Management reaffirmed its 2022 operating EPS guidance of $4.87-$5.07 and its 6%-7% long-term growth target. Both are consistent with our expectations. Our narrow moat and stable moat trend ratings are unchanged.

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American Electric Power Co Inc's Company Profile

Business Description

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 retail customers in 11 states. About 43% of AEP's of capacity is coal, with the remainder from a mix of natural gas (27%), renewable energy and hydro (19%), nuclear (7%), and demand response (4%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.

Contact
1 Riverside Plaza
Columbus, OH, 43215-2373
T +1 614 716-1000
Sector Utilities
Industry Utilities - Regulated Electric
Most Recent Earnings Mar 31, 2022
Fiscal Year End Dec 31, 2022
Stock Type Slow Growth
Employees 16,688

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