AEP

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

22,281 Followers on Owler
22,281 Followers on Owler
22,281 Followers on Owler
22,281 Followers on Owler

AEP

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

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

Chairman & CEO

Nicholas K. Akins

CEO Approval Rating

62/100

Founded:

1906

Status:

PublicIndependent CompanyNASDAQAEP

AEP TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

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CenterPoint is the top competitor of AEP. CenterPoint is headquartered in Houston, Texas, and was founded in 1882. CenterPoint competes in the Oil & Gas Exploration, Production, Sales field. CenterPoint generates 49% 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 Electric, Water & Gas Utilities industry. Compared to AEP, Duke Energy generates $8.9B more 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 4,182 fewer employees vs. AEP.

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AEP Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$14.9B

AEP's revenue is the ranked 7th among it's top 10 competitors. The top 10 competitors average 15.5B. Over the last four quarters, AEP's revenue has decreased by 3.7%. Specifically, in Q4 2020's revenue was $3.6B; in Q3 2020, it was $4.1B; in Q2 2020, it was $3.5B; in Q1 2020, AEP's revenue was $3.7B.

AEP Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

U.S. Renewables Business, Wind Operating and Development Assets, Sempra Energy

Feb 2019

Source »
$551M
-

-

TruBrite

Nov 2011

Source »
$undefined
-
Valley Electric

Oct 2010

Source »
$102M
-

-

-

Oct 2001

Source »
$101M
-

-

-

Jul 2001

Source »
$270M
-

These are all the companies that AEP has acquired. AEP has acquired 8 companies and its latest acquisition was U.S. Renewables Business, Wind Operating and Development Assets, Sempra Energy in Feb 2019.

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

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

AEP Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Mainspring is a California-based manufacturer and distributor of linear electricity generators for the commercial sector.
$95M
May 03, 2021
Series D
-
ChargePoint is a California-based company that owns and operates an electric vehicle charging network and allows users​ to charge their vehicles.
$127M
Aug 04, 2020
Series H
-
ChargePoint is a California-based company that owns and operates an electric vehicle charging network and allows users​ to charge their vehicles.
$240M
Nov 15, 2018
Series H
-
Mainspring is a California-based manufacturer and distributor of linear electricity generators for the commercial sector.
$83M
Jan 23, 2018
Series C
-
EtaGen designs and develops a linear generator technology for the transmission and distribution of electricity.
$83M
Jan 23, 2018
Series C
-

These are all the companies that AEP has invested in. AEP has invested 8 companies and its latest investment was U.S. Renewables Business, Wind Operating and Development Assets, Sempra Energy in Feb 2019.

AEP News

April 26, 2021Power Technology

American Electric Power reports increase in first-quarter revenue and earnings

US-based electric utility American Electric Power (AEP) has reported an increase in revenue and earni... See more »
April 22, 2021FinanzNachrichten

American Electric Power Reaffirms FY21 Adj. EPS Outlook

COLUMBUS (dpa-AFX) - While reporting financial results for the first quarter on Thursday, electric ut... See more »
April 20, 2021MarketScreener

AEP Declares Quarterly Dividend on Common Stock

(marketscreener.com) April 20, 2021 AEP Declares Quarterly Dividend on Common Stock SHARE: COLUMBUS, ... See more »
April 20, 2021Benzinga

La-Z-Boy Signs Long-Term Renewable Energy Deal

MONROE, Mich., April 21, 2021 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE:LZB), a global leader i... See more »
April 15, 2021North American Windpower

AEP Begins Commercial Operation at First North Central Wind Facility

American Electric Power (AEP), one of the nation's largest electricity producers, says its 199 MW Sun... See more »
April 15, 2021Windpower Engineering & Development

199-MW Sundance Wind Energy Center in Oklahoma comes online

American Electric Power's 199-MW Sundance Wind Energy Center in north central Oklahoma has begun comm... See more »
April 14, 2021MarketScreener

U.S. utilities want protection from Biden's tight timeline in clean energy mandate

(marketscreener.com) The U.S. power industry is willing to comply with a proposed requirement that it... See more »

AEP Blogs

AEP Press Releases

November 19, 2020PR Newswire

AEP Names Coleman Vice President Of Corporate Philanthropy And Community Engagement

COLUMBUS, Ohio, Nov. 19, 2020 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Janelle... See more »
November 9, 2020PR Newswire

AEP Names Three New Leaders To Information Technology Organization

COLUMBUS, Ohio, Nov. 9, 2020 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has added three ne... See more »
October 23, 2020PR Newswire

Residents of Shelby, OH Enjoying Benefits of Utility-Scale Solar Array

SHELBY, Ohio, Oct. 23, 2020 /PRNewswire/ -- On a partly cloudy day in December of 2019, the mayor of ... See more »
October 20, 2020centralcharts

American Electric Power Receives First NAPPC Pollinator Electric Power Award

American Electric Power Receives First NAPPC Pollinator Electric Power Award PR Newswire COLUMBUS, Oh... See more »
October 10, 2020NewsFile

KAHN SWICK & FOTI, LLC REMINDS INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuit Against American Electric Power, Inc. - AEP

New Orleans, Louisiana--(Newsfile Corp. - October 9, 2020) - Kahn Swick & Foti, LLC ("KSF") and KSF p... See more »
October 1, 2020Business Wire

EDF Renewables North America Completes Solar Project for Providence Water

PROVIDENCE, R.I.--(BUSINESS WIRE)--EDF Renewables North America today announced the 6.652 megawatt (M... See more »

AEP Videos

Social Media

AEP Headquarters

1 Riverside Plaza

Columbus, Ohio43215

614-716-1000

Driving Directions »

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AEP 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. It has raised 4.0M in 1 round. The latest round wa...

CEO

AEP's Chairman & CEO, Nicholas K. Akins, currently has an approval rating of 62%. AEP's primary competitors are CenterPoint, 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 $14.9B 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, Water & Gas Utilities
  3. Who are AEP's competitors?

    AEP's top competitors are CenterPoint, Duke Energy, Entergy
  4. Who has AEP invested in?

    AEP's has invested in companies such as Mainspring, ChargePoint, ChargePoint