Workflow
American Electric Power(AEP)
icon
Search documents
Looking for Stocks with Positive Earnings Momentum? Check Out These 2 Utilities Names
ZACKS· 2025-04-18 13:55
Group 1 - Quarterly financial reports are crucial for investors to assess company performance and future outlook, with earnings being a key metric [1] - The comparison of actual earnings results to bottom line expectations significantly impacts stock prices, making earnings surprises valuable for investors [2] - The Zacks Earnings ESP tool helps identify companies likely to exceed earnings estimates by focusing on the most recent analyst revisions [3][4] Group 2 - The Zacks Expected Surprise Prediction (ESP) calculates the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, providing a percentage figure that indicates potential earnings surprises [4] - Stocks with a positive earnings ESP and a Zacks Rank of 3 (Hold) or better have historically shown a 70% chance of a positive earnings surprise, yielding an average annual return of approximately 28% over the past decade [5] - Stocks ranked 2 (Buy) and 1 (Strong Buy) are expected to outperform the market, with Strong Buy stocks showing the highest potential for outperformance [6] Group 3 - NextEra Energy (NEE) currently holds a 3 (Hold) ranking, with a Most Accurate Estimate of $0.99 per share ahead of its earnings release on April 23, 2025 [7] - NEE has an Earnings ESP of +2.33%, calculated from the difference between its Most Accurate Estimate and the Zacks Consensus Estimate of $0.97 [8] - American Electric Power (AEP) is another utility stock with a positive ESP, holding a 3 (Hold) ranking and a Most Accurate Estimate of $2.05 per share, with an Earnings ESP of +9.22% [9][10]
5 Nuclear Energy Stocks in Focus Amid AI-Powered Data Center Growth
ZACKS· 2025-04-16 13:10
AI-powered data centers are a booming industry now. The energy-hungry AI space has made nuclear energy one of the hottest industries on Wall Street over the past year. At this stage, investors should focus on nuclear energy producers or equipment manufacturers. Data center’s growth is so enormous that giant operators like Microsoft, Alphabet Inc. (GOOGL), Meta Platforms Inc. (META) and Amazon.com inc. (AMZN) have already collaborated with nuclear energy producers in order to mitigate the need of massive ele ...
3 Utility Stocks to Buy With $250 and Hold Forever
The Motley Fool· 2025-04-16 01:38
These utility stocks offer substantial dividend income, a smoother ride for shareholders, and sneaky long-term growth potential.Are you over the market's roller-coaster-like volatility? If so, utility stocks might be a great sector to consider. People must keep the gas and electricity on, so utilities are typically timeless businesses that thrive through good and bad times. Their stocks also tend to pay generous dividends, giving investors concrete returns, regardless of what the broader market does.I wante ...
I&M Files Proposal to Acquire Diverse Generation to Meet Future Energy Need
Prnewswire· 2025-04-11 18:58
FORT WAYNE, Ind., April 11, 2025 /PRNewswire/ -- Indiana Michigan Power (I&M), an American Electric Power (Nasdaq: AEP) company, has made a filing with the Indiana Utility Regulatory Commission (IURC) requesting approval of a certificate of public convenience and necessity (CPCN) to acquire the Oregon Clean Energy Center, an existing 870 megawatt (MW) natural gas plant located in Oregon, Ohio.  I&M's filing explains the need to acquire the facility, details about the plant, and future operating plans, if ap ...
American Electric Power: EPS Up 31% In 2024 Earnings
Seeking Alpha· 2025-04-07 18:43
Group 1 - American Electric Power (AEP) has a long history in the American electric power industry, operating for over a hundred years and managing one of the largest power grids [1] - The company is involved in various sectors including private banking, corporate finance, and strategic advisory, showcasing a diverse professional background [1] - AEP aims to provide tailored investment solutions and insights into high-growth technology equities, undervalued blue-chip stocks, and niche market opportunities [1]
I&M is Future Ready with Plans to Enhance Diverse Energy Mix
Prnewswire· 2025-04-01 14:45
FORT WAYNE, Ind., April 1, 2025 /PRNewswire/ -- Indiana Michigan Power (I&M), an American Electric Power (Nasdaq: AEP) company, recently submitted its 2024 Integrated Resource Plan (IRP) to the Indiana Utility Regulatory Commission (IURC). I&M's plan outlines the transformation the company is undergoing to meet the evolving energy needs of customers while maintaining reliable and consistent power. The Future Ready Plan supports a resilient grid using a diverse portfolio of generation resources, energy effic ...
AEP Names Puesh Kumar Vice President of National Security and Resilience
Prnewswire· 2025-03-26 16:30
COLUMBUS, Ohio, March 26, 2025 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Puesh M. Kumar vice president of National Security and Resilience, effective April 9. Kumar will report to Emily Duncan, senior vice president of Federal Affairs, and will be based in the company's Washington, D.C. office. Kumar will be responsible for leading AEP's engagement with federal agencies, state, local, territorial, and tribal (SLTT) communities, and other industry partners on national security, cybersec ...
AEP Announces Pricing of Common Stock Offering with a Forward Component
Prnewswire· 2025-03-25 03:05
Core Viewpoint - American Electric Power (AEP) has announced a registered underwritten offering of 19,607,844 shares of its common stock at a public price of $102.00 per share, with the offering expected to be facilitated through forward sale agreements with Citibank and Barclays [1][2]. Group 1: Offering Details - The offering includes a 30-day option for underwriters to purchase an additional 2,941,176 shares under the same terms [2]. - Settlement of the forward sale agreements is anticipated to occur on or before December 31, 2026, with AEP having the option for cash or net share settlement [3]. Group 2: Use of Proceeds - AEP plans to use the net proceeds from the offering for general corporate purposes, which may include capital contributions to utility subsidiaries, acquisitions, and/or debt repayment [3]. Group 3: Company Overview - AEP is investing $54 billion from 2025 through 2029 to enhance service and support growing energy needs, operating the largest electric transmission system in the U.S. with 40,000 line miles and over 225,000 miles of distribution lines [5]. - The company serves 5.6 million customers across 11 states and has a generating capacity of approximately 29,000 megawatts [5].
AEP Announces Public Offering of Common Stock with a Forward Component
Prnewswire· 2025-03-24 20:19
COLUMBUS, Ohio, March 24, 2025 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) today announced the commencement of a registered underwritten offering of $2,000,000,000 of shares of its common stock. Subject to certain conditions, all shares are expected to be borrowed by the forward counterparties (as defined below) (or their respective affiliates) from third parties and sold to the underwriters and offered in connection with the forward sale agreements described below. Citigroup and Barclays are acti ...
Statement Regarding the FERC Complaint and Press Release Issued by the Kentucky Attorney General and Public Service Commission
Prnewswire· 2025-03-13 12:45
ASHLAND, Ky., March 13, 2025 /PRNewswire/ -- Kentucky Power President Cindy Wiseman issued the following statement in response to the complaint filed by Kentucky's Attorney General and the Public Service Commission with the Federal Energy Regulatory Commission March 12 and the associated news release: "Kentucky Power strongly disagrees with the claims made by the Attorney General and PSC and has demonstrated in previous commission proceedings that our customers benefit from transmission investments in Kentu ...