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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

60/100

OVERVIEW

Founded:

1906

Headquarters:

Columbus, Ohio

Status:

PublicNYSEAEP

Industry Sector:

Multi-Utilities,
Electric, Water & Gas Utilities

SIC Code:

1382NAICS listing »

4900NAICS listing »

1623NAICS 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

April 7, 2020

The Business Journals: Charlotte

North Carolina regulators order expedited process for Duke Energy, other utilities to respond to 'windfall' charges

N.C. regulators have agreed to hold expedited proceedings on whether the coronavirus pandemic is grou... See more »

April 8, 2020

MarketScreener

Southern Company : first-quarter earnings to be released April 30

(marketscreener.com) ATLANTA, April 8, 2020 /PRNewswire/ -- Southern Company plans to release its ear... See more »

April 9, 2020

University Chronicle

Entergy Launches $385,000 Mississippi Relief Fund

Fifteen nonprofit groups in Entergy Mississippi's service area will share more than $385,000 from the... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

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 68% 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 $7.2B 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 4,582 fewer employees vs. AEP.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Nicholas K. Akins

Chairman & CEO

- -
17,582
$4M
$17.9B
1

John W. Somerhalder

Interim-CEO

56/100
7,977
- -
$8.8B
2

Lynn J. Good

Chairman & CEO

58/100
30,083
- -
$61.2B
3

Leo P. Denault

Chairman & CEO

66/100
13,688
- -
$42.4B
4

Charles E Jones

President & CEO

68/100
12,494
- -
$11B
5

Thomas F. Farrell

Chairman & CEO

68/100
21,300
- -
$16.6B
6

Thomas A. Fanning

Chairman & CEO

69/100
29,192
- -
$21.4B
7

Christopher M Crane

President & CEO

65/100
33,383
- -
$39.9B
8

Mark A Ruelle

President & CEO

63/100
2,254
- -
$9.7B
9

James L. Robo

Chairman & CEO

63/100
14,300
- -
$19.2B
10

Robert C. Flexon

President & CEO

67/100
5
$750M
$4.8B
The top 10 competitors in AEP's competitive set are CenterPoint, Duke Energy, Entergy, FirstEnergy, Dominion Energy, Southern Company, Exelon, Westar Energy, NextEra Energy and Dynegy. Together they have raised over 750.0M between their estimated 171.0K 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

$17.9B

AEP's revenue is the ranked 6th among it's top 10 competitors. The top 10 competitors average 23B. Over the last three quarters, AEP's revenue has decreased by 18.9%. Specifically, in Q3 2019's revenue was $9.8B; in Q2 2019, it was $8B; in Q1 2019, it was $12.1B.

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

March 22, 2020MarketScreener

Statement Of Support For Ohio Actions To Slow The Spread Of COVID-19

(marketscreener.com) March 22, 2020 Statement Of Support For Ohio Actions To Slow The Spread Of COVID... See more »
March 18, 2020MarketScreener

AEP's Response to COVID-19

(marketscreener.com) March 18, 2020 AEP's Response to COVID-19 SHARE: Updated: Wednesday, March 18, 2... See more »
March 18, 2020FinanzNachrichten

Westinghouse Wins Fuel Contract Extension For American Electric Power's D.C. Cook Nuclear Plant

CRANBERRY TOWNSHIP, Pennsylvania, March 18, 2020 /PRNewswire/ -- Westinghouse Electric Company announ... See more »
March 16, 2020Talk Business & Politics

SWEPCO reaches agreement in Louisiana on $1 billion proposal for wind farms

Electricity utility Southwestern Electric Power Co. (SWEPCO), a company of American Electric Power, a... See more »
March 11, 2020MarketScreener

SEC Filing (DEFA14A) - Definitive Additional Proxy Soliciting Materials

(marketscreener.com) Document SCHEDULE 14A INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFOR... See more »
March 7, 2020Global Legal Chronicle

American Electric Power Company's $400 Million Series L Offering

Hunton Andrews Kurth LLP advised the underwriters on an SEC-registered offering by American Electric ... See more »
March 3, 2020Seeking Alpha

It's Time To Revisit American Electric Power Company

See more »

AEP Blogs

April 6, 2020AEP Blog

Meet your AEP Energy Team | AEP Energy

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April 2, 2020AEP Blog

FE Savings | AEP Energy

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April 2, 2020AEP Blog

AEP Ohio Savings | AEP Energy

See more »
March 31, 2020AEP Blog

The Evolving Electricity Generation Mix | AEP Energy

See more »
March 26, 2020AEP Blog

C&I Sales Operations Monthly Feedback | AEP Energy

See more »
March 25, 2020AEP Blog

AEP Ohio Energy Choice | AEP Energy

See more »
March 23, 2020AEP Blog

Customer Insights | AEP Energy

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AEP Press Releases

January 21, 2020StreetInsider

AEP Selected For 2020 Bloomberg Gender-Equality Index

COLUMBUS, Ohio, Jan. 21, 2020 /PRNewswire/ --Â American Electric Power (NYSE: AEP) is among 325 compa... See more »
November 5, 2019Business Wire

American Electric Power Selects Medallia to Optimize Customer & Employee Journeys

SAN FRANCISCO--(BUSINESS WIRE)--Medallia, Inc. (NYSE: MDLA), the global leader in experience manageme... See more »
October 24, 2019StreetInsider

AEP Reports Strong Third-Quarter 2019 Earnings, Raises And Narrows Full-Year Earnings Guidance Range

COLUMBUS, Ohio, Oct. 24, 2019 /PRNewswire/ -- AMERICAN ELECTRIC POWER Preliminary, unaudited...... See more »
October 22, 2019PR Newswire

AEP Increases Quarterly Dividend To 70 Cents A Share

COLUMBUS, Ohio, Oct. 22, 2019 /PRNewswire/ -- The Board of Directors of American Electric Power Co. (... See more »
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 Schedules Live Webcast Of Quarterly Earnings Call

American Electric Power (NYSE: AEP) has scheduled a quarterly earnings conference call with financial... 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 »

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

See more »
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 60%. 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 $17.9B 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 ChargePoint, Etagen, Greensmith
Stay up-to-date with the latest news on AEP