Investors with an interest in Utility - Electric Power stocks have likely encountered both Entergy (ETR) and American Electric Power (AEP) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimates ...

For income investors, this electric utility is worth getting amped up about.Providing investors with a relatively high-yield dividend, American Electric Power (AEP 0.78%) is an attractive option for those looking to bolster their passive income streams.However, smart investors know the importance of thoroughly investigating higher-yielding dividend stocks since the high payouts may actually be imperiling the company's financial health. Let's take a closer look at what electric utility American Electric Powe ...

Core Insights - American Electric Power (AEP) was recognized as one of the nation's Top Utilities in Economic Development by Site Selection magazine, marking its 12th appearance on the list in the last 13 years [1] - In 2023, AEP's economic development initiatives led to over $35 billion in capital investment and the creation of more than 10,400 new direct jobs within its service territory [1] Economic Development Highlights - AEP supported 92 new economic development projects in 2023, showcasing significant collaboration with various stakeholders [1] - Nucor is investing $2.7 billion to establish a sheet steel manufacturing facility in West Virginia, projected to create over 800 jobs [1] - SLB plans to invest $18.5 million to convert a former General Motors plant in Louisiana into a technology center, expected to generate nearly 600 new jobs [1] - TekniPlex is building a $45 million facility in Ohio for egg carton production, which will create 100 jobs [1] - AEP's e-learning course "Energizing Economic Development" benefited over 250 community leaders, enhancing their skills in driving economic growth [1] Company Overview - AEP operates the largest electric transmission system in the U.S., with over 40,000 miles of transmission lines and 225,000 miles of distribution lines, serving 5.6 million customers across 11 states [2] - The company has a generating capacity of nearly 29,000 megawatts, including approximately 6,000 megawatts from renewable sources [2] - AEP is investing $43 billion over the next five years to enhance the electric grid's reliability and sustainability, aiming for an 80% reduction in carbon dioxide emissions from 2005 levels by 2030 and achieving net zero by 2045 [2]

James O'Neil Overview Utilities are stable businesses that investors seek for dividend income. Some utilities like Vistra (VST) have raised their stock price hugely (Figure 1). I wonder if American Electric Power Company, Inc. (NASDAQ:AEP) can capture that growth and enjoy its high dividend yield (3.53%) Figure 1: Seeking Alpha I recommend holding on to AEP because, as a regulated utility, it won’t capture the full potential of data centers' growing electricity needs. Even the new CEO is a tailwind fo ...

It has been about a month since the last earnings report for American Electric Power (AEP) . Shares have added about 0.4% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is AEP due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. American Electric Q2 Earnings Beat, Rev ...

American Electric Power Company, Inc. (AEP) is deploying systematic investments in infrastructural upgrades to enhance the reliability of its operations and serve its utility customers efficiently. The company is also making consistent investments to boost its renewable generation portfolio.However, this Zacks Rank #3 (Hold) company faces risks like rising interest rates and an unfavorable financial position, which act as a headwind.AEP’s Tailwinds American Electric has a capital investment plan of $43 bill ...

Operating company presidents and chief nuclear officer will report directly to AEP President and CEO Bill FehrmanPeggy Simmons appointed executive vice president of Regulatory and Chief Administrative Officer to lead safety, regulatory, procurement and sustainability functions in addition to customer operations and economic development effortsCOLUMBUS, Ohio, Aug. 28, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) today announced organizational changes to advance the company's focus on improving ...

For those looking to find strong Utilities stocks, it is prudent to search for companies in the group that are outperforming their peers. Has American Electric Power (AEP) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Utilities peers, we might be able to answer that question.American Electric Power is one of 105 companies in the Utilities group. The Utilities group currently sits at #6 within the Zacks Sector Rank. The Zacks Sector Rank con ...

PALO ALTO, CA, Aug. 15, 2024 (GLOBE NEWSWIRE) -- EverCharge, a leading provider of large-scale electric vehicle (EV) charging solutions, and part of SK Group, today announced a strategic collaboration with Public Service Company of Oklahoma (PSO), owned and operated by American Electric Power (AEP). PSO serves over 575,000 Oklahoma customers, providing them with a system of reliable electric services across a variety of needs. In responding to customers’ needs for EV charging options, PSO's objective of wor ...

A view of an electric power line. energyy As a dividend growth investor, I like to invest in companies with proven business models, growth tailwinds, and investment-grade balance sheets. This is because an established business model conveys a sense of reliability and predictability. That usually translates into a consistent dividend, which is important to me. Growth catalysts are also critical to me because I need my income to at least keep up with inflation for me to achieve and sustain financial indepen ...