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AEP's Competitors, Revenue, Number of Employees, Funding and Acquisitions

American Electric Power engages in generation, transmission and distribution of electric power to retail customers.

AEP i... Read more

Based on data from AEP's latest SEC filings

Annual Revenue

Based on data from AEP's latest SEC filings

Employees

Nicholas K. Akins's photo - Chairman & CEO of AEP

Chairman & CEO

Nicholas K. Akins

CEO Approval Rating

69/100

OVERVIEW

Founded:

1906

Headquarters:

ColumbusOhio

Status:

PublicIndependent Company of NYSEAEP

Industry Sector:

Multi-Utilities

Electric Utilities

SIC Code:

1382NAICS listing »

4900NAICS listing »

Top Competitors or Alternatives

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Competitor - 1/1

Is Dominion Energy a competitor of AEP?

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Trending News for AEP and AEP's Competitors

January 17, 2020

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Duke Energy : Florida to give away 1,200 free trees to customers to honor Florida Arbor Day

(marketscreener.com) ST. PETERSBURG, Fla., Jan. 17, 2020 /PRNewswire/ -- Duke Energy Florida, in part... See more »

January 16, 2020

centralcharts

Dominion Energy Moves Forward with Electric School Bus Program

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January 17, 2020

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Southern Company : announces quarterly dividend

(marketscreener.com) ATLANTA, Jan. 17, 2020 /PRNewswire/ -- Southern Company today announced a regula... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

CenterPoint Energy is the top competitor of AEP. CenterPoint Energy is headquartered in Houston, Texas, and was founded in 1882. CenterPoint Energy competes in the Oil & Gas Storage & Transportation field. CenterPoint Energy generates 11% the revenue of AEP.

Duke Energy is perceived as one of AEP's biggest rivals. Duke Energy was founded in Charlotte, North Carolina} in 1904. Like AEP, Duke Energy also operates in the Multi-Utilities industry. Compared to AEP, Duke Energy generates $82.4B less revenue.

Entergy is seen as one of AEP's top competitors. Entergy is a Public company that was founded in New Orleans, Louisiana in 1913. Like AEP, Entergy also works within the Multi-Utilities industry. Entergy has 3,894 fewer employees vs. AEP.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Nicholas K. Akins

Chairman & CEO

- -
17,582
$4M
$107.1B
1

Scott M. Prochazka

President & CEO

71/100
7,977
- -
$12.1B
2

Lynn J. Good

Chairman & CEO

70/100
30,083
- -
$35B
3

Leo P. Denault

Chairman & CEO

70/100
13,688
- -
$26.9B
4

Charles E Jones

President & CEO

73/100
12,494
$3B
$11B
5

Thomas F. Farrell II

Chairman & CEO

70/100
21,300
- -
$24.6B
6

Thomas A. Fanning

Chairman & CEO

69/100
29,192
- -
$ < 1M
7

Christopher M Crane

President & CEO

87/100
33,383
- -
$46.1B
8

Mark A Ruelle

President & CEO

70/100
2,254
- -
$9.7B
9

James L. Robo

Chairman & CEO

68/100
14,300
- -
$19B
10

Robert C. Flexon

President & CEO

68/100
5
$750M
$4.8B
The top 10 competitors in AEP's competitive set are CenterPoint Energy, Duke Energy, Entergy, FirstEnergy, Dominion Energy, Southern Company, Exelon, Westar Energy, NextEra Energy and Dynegy. Together they have raised over 3.7B between their estimated 169.4K employees. AEP has 17,582 employees and is ranked 5th among it's top 10 competitors. The top 10 competitors average 16,568.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$107.1B

AEP's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 25.6B. Over the last three quarters, AEP's revenue has decreased by 36.6%. Specifically, in Q3 2019's revenue was $4.3B; in Q2 2019, it was $3.6B; in Q1 2019, it was $6.8B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

-

Nov 2011

Source »
$undefined
-
Valley Electric

Oct 2010

Source »
$102M
-

-

-

Oct 2001

Source »
$101M
-

-

-

Jul 2001

Source »
$270M
-
CitiPower and Powercor Australia

Nov 1998

Source »
$1.1B
-

These are all the companies that AEP has acquired. AEP has acquired 6 companies and its latest acquisition was in Nov 2011.

AEP Funding History

Since AEP was founded in 1906, it has participated in 1 round of funding. In total AEP has raised $4.0M. AEP's funding round was on Feb 2011 for a total of $4.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Unattributed
Feb 2011
$4M

Global CCS Institute

Total Funding: $4M

Since AEP was founded in 1906, it has participated in 1 round of funding. In total AEP has raised $4.0M. AEP's funding round was on Feb 2011 for a total of $4.0M

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

ChargePoint owns and operates an electric vehicle charging network that allows users​ to charge their vehicles.
$240M
Nov 15, 2018
Series H
-
EtaGen designs and develops a linear generator technology for the transmission and distribution of electricity.
$83M
Jan 23, 2018
Series C
-
Greensmith is a provider of energy management software and system integration services to operate distributed energy storage systems.
$5M
Aug 30, 2015
Series C
May 01, 2017
Utilidata is a software company that develops and provides energy efficiency and grid security products and solutions for electric utilities.
$20M
Dec 09, 2013
Series B
-

These are all the companies that AEP has invested in. AEP has invested 6 companies and its latest investment was in Nov 2011.

AEP News

December 2, 2019OK Energy Today

AEP to pull out of Clean Coal Coalition

Six months after the parent company of Public Service Company of Oklahoma came out publicly with supp... See more »
November 27, 2019Kallanish Energy News

Ohio regulator rejects AEP customers paying for solar

Ohio regulators have rejected American Electric Power’s plans to purchase 400 megawatts from two sola... See more »
November 18, 2019Seeking Alpha

AEP seeking wind, solar energy in PJM

See more »
November 12, 2019SmartGrid Today

Fortress, AEP make FERC compliance more affordable

November 12, 2019 -- Fortress Information Security announced Friday the launch of the Asset to Vendor... See more »
November 9, 2019MarketScreener

AEP To Continue Investment in Regulated Businesses and Renewables, Reaffirms Operating Earnings Growth Rate of 5 Percent to 7 Percent

(marketscreener.com) November 08, 2019 AEP To Continue Investment in Regulated Businesses and Renewab... See more »
November 8, 2019MarketScreener

PSO Employees Primed Communities for Fresh Paint Days

(marketscreener.com) November 08, 2019 PSO Employees Primed Communities for Fresh Paint Days PSO's in... See more »
November 8, 2019MarketScreener

AEP Values Military Veterans

(marketscreener.com) November 08, 2019 We Salute You: AEP Values Military Veterans Like countless Ame... See more »

AEP Blogs

December 31, 2019AEP Blog

PJM and MISO: What You Should Know | AEP Energy

See more »
December 19, 2019AEP Blog

Warm Winter Wishes | AEP Energy

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December 18, 2019AEP Blog

Meet the AEP Energy C&I Team! | AEP Energy

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December 11, 2019AEP Blog

Committed to Our Communities! | AEP Energy

See more »
December 11, 2019AEP Blog

AEP Energy’s Small Business Solutions by the Numbers | AEP Energy

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December 11, 2019AEP Blog

One Mission. One Vision. Many Values. | AEP Energy

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December 10, 2019AEP Blog

Small Business Solutions Overview | AEP Energy

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AEP Press Releases

September 18, 2019PR Newswire

AEP Names Garcia to Board of Directors

COLUMBUS, Ohio, Sept. 18, 2019 /PRNewswire/ -- Art A. Garcia, recently retired executive vice preside... See more »
July 18, 2019CENTRALCHARTS

AEP Receives Approval To Modify New Source Review Consent Decree

COLUMBUS, Ohio, July 18, 2019 /PRNewswire/ -- American Electric Power (NYSE: AEP) today announced tha... See more »
July 18, 2019CENTRALCHARTS

AEP Schedules Live Webcast Of Quarterly Earnings Call

American Electric Power (NYSE: AEP) has scheduled a quarterly earnings conference call with financial... See more »
June 13, 2019PR Newswire

AEP Named a 2020 Women on Boards Winning Company

COLUMBUS, Ohio, June 13, 2019 /PRNewswire/ -- American Electric Power (NYSE: AEP) has been recognized... See more »
May 9, 2019PR Newswire

AEP Releases 2019 Corporate Accountability Report

COLUMBUS, Ohio, May 9, 2019 /PRNewswire/ -- American Electric Power (NYSE: AEP) has issued its 2019 C... See more »
April 30, 2019PR Newswire

AEP Subsidiary Public Service Company of Oklahoma to Redeem Senior Notes

COLUMBUS, Ohio, April 30, 2019 /PRNewswire/ -- Public Service Company of Oklahoma, a public utility s... See more »
April 25, 2019PR Newswire

AEP Reports Solid 2019 First-Quarter Earnings

COLUMBUS, Ohio, April 25, 2019 /PRNewswire/ -- AMERICAN ELECTRIC POWER Preliminary, unaudited results... See more »

AEP Videos

May 2, 2019AEP Youtube Channel

"The Grid: Building for Tomorrow" on YOUTUBE

See more »
May 1, 2019AEP Youtube Channel

"AEP LEADERS: Because We Care" on YOUTUBE

See more »
November 14, 2018American Electric Power Youtube Channel

"Collaboration for Resilience and Sustainability in Fort Wayne" on YOUTUBE

See more »
November 12, 2018American Electric Power Youtube Channel

"Retiring construction equipment donated to True North Veteran Support program" on YOUTUBE

See more »
April 27, 2018American Electric Power Youtube Channel

"2018 AEP Overview" on YOUTUBE

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September 25, 2017American Electric Power Youtube Channel

"Along the lines with David Seel" on YOUTUBE

See more »
June 6, 2017American Electric Power Youtube Channel

"Re conductoring project in the Lower Rio Grande Valley" on YOUTUBE

See more »

Social Statistics

Headquarters

1 Riverside Plaza

Columbus, Ohio43215-2372

614-716-1000

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

American Electric Power engages in generation, transmission and distribution of electric power to retail customers. AEP was founded in 1906. AEP's headquarters is located in Columbus, Ohio, USA 43215-2372. It has raised 4.0M in 1 round. The latest rou...

CEO

AEP's Chairman & CEO, Nicholas K. Akins, currently has an approval rating of 69%. AEP's primary competitors are CenterPoint Energy, Duke Energy & Entergy.

Website

aep.com

Frequently Asked Questions about AEP

  1. When was AEP founded?

    AEP was founded in 1906

  2. Who is AEP's CEO?

    AEP's CEO is Nicholas K. Akins

  3. How much revenue does AEP generate?

    AEP generates $107.1B in revenue

  4. How much funding does AEP have?

    AEP has historically raised $4M in funding

  5. Where is AEP's headquarters?

    AEP's headquarters is in Columbus Ohio, USA

  1. How many employees does AEP have?

    AEP has 17,582 employees

  2. What sector does AEP operate in?

    AEP is in Multi-Utilities, Electric Utilities

  3. Who are AEP's competitors?

    AEP's top competitors are CenterPoint Energy, Duke Energy, Entergy

  4. Who has AEP invested in?

    AEP's has invested in companies such as ChargePoint, Etagen, Greensmith
Stay up-to-date with the latest news on AEP