American Electric Power Company (AEP) Stock Forecasts
Conclusion
American electricity is one of the largest largest companies in the US AEP, 95% are regulated by relatively small gas production generation, transmission and distribution. The company’s eight vertical utilities and distribution utilities supplies electricity in more than 5.6 million customers in 11 states in Midwest and south-east. AEEP has about 29 GW generating capacity and 225,000 distributions. AEP also has the largest electricity transmission system for 40,000 mile. In 2024, revenues amounted to 19.7 billion dollars, and the transfer was about 60%.
The company has been under the strategic review of its energy business, which is over in 2Q24. AEP also announced a new senior leadership in 3Q24. The company has denied several non-regulations and is well positioned by investing earnings through its regulated business, transfer improvement and renewable energy. AEP also came out of the competitive generation business in 2023, but still has wholesale electricity operations. AEP has one nuclear power plant, and the 2024th generation mixture was 40% coal, 22% nucleus, 22% natural gas and 16% renewable materials. While still he