American Electric Power Co Inc
- Industry
- Electric Utilities
- Exchange
- US
- Country
- USA
- IPO date
- Jan 2, 1970
- Employees
- 17,581
- Website
- www.aep.com
Composite valuation range · conservative $95–$110 / fair $130–$150 / optimistic $180–$200. At $133.59, Within the fair intrinsic-value range.
At publication $128.87 (May 21, 2026)
Data from EODHD, shown in the reporting currency; for reference only, not investment advice.
American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company generates electricity using coal and lignite, nuclear, natural gas, renewable, hydro, solar, wind, and other energy sources; owns, operates, maintains, and invests in transmission infrastructure; and engages in the retail supply, and wholesale energy trading and marketing businesses. It operates approximately 252,000 circuit miles of distribution lines; 38,000 circuit miles of transmission lines; and 25,000 MWs of regulated owned generating capacity. American Electric Power Company, Inc. was incorporated in 1906 and is headquartered in Columbus, Ohio.
History
American Electric Power Company, Inc. was incorporated in 1906 and is headquartered in Columbus, Ohio. The company's IPO date is January 2, 1970. In 2024 it changed its CEO, with Bill Fehrman taking over the role. In 2025, AEP reached a settlement with the SEC over disclosure issues and paid a USD 19 million (1,900万美元) penalty. As of February 27, 2026, it had approximately 542.9 million common shares issued and sought to raise its authorized share count from 600 million to 900 million shares.
Industry position
American Electric Power is an investor-owned electric public utility holding company operating across generation, transmission, and distribution in the United States, serving about 5.6 million retail and wholesale customers. It runs through four reportable segments: Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing, with about 55% of 2025 earnings from transmission-related business. AEP owns one of the largest transmission networks in the U.S., operating roughly 252,000 circuit miles of distribution lines, 38,000 circuit miles of transmission lines, and 25,000 MW of regulated owned generating capacity. Named peers include Southern, Xcel, NextEra, Dominion, and Duke.