American Electric Power Company, Inc. ( (AEP) ) has released its Q2 earnings. Here is a breakdown of the information American Electric Power Company, Inc. presented to its investors.
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American Electric Power Company, Inc. (AEP) is a major electric utility company operating in the United States, known for its extensive electric transmission system and diverse generating capacity. It provides reliable and affordable power to millions of customers across 11 states.
In its latest earnings report, AEP announced record second-quarter operating earnings for 2025, with GAAP earnings of $2.29 per share and operating earnings of $1.43 per share. The company has also guided its 2025 operating earnings to the upper half of its previously stated range and reaffirmed its long-term growth rate.
Key financial highlights include a significant increase in GAAP earnings from the previous year, driven by strategic customer agreements and legislative actions that have bolstered infrastructure investments. AEP has secured customer agreements for 24 gigawatts of new load by the decade’s end and plans to announce a new five-year capital plan worth approximately $70 billion.
The company’s strong financial foundation is further supported by strategic transactions, such as the $2.82 billion investment from KKR and PSP Investments, and a $2.3 billion forward equity issuance. These moves have stabilized AEP’s credit standings and positioned it for future growth through large transmission infrastructure projects.
Looking ahead, AEP is strategically positioned for sustained growth as it continues to transform the electric grid and invest in new resources to meet increasing energy demands. The company remains focused on enhancing service and supporting economic growth in its service territories.