AEP Stock Recent News

American Electric Power's (AEP), Public Service Company of Oklahoma, selects EverCharge as their preferred EV charging partner American Electric Power's (AEP), Public Service Company of Oklahoma, selects EverCharge as their preferred EV charging partner

The rise of artificial intelligence is a major boon to regulated electric utilities. American Electric Power's operating revenue and operating EPS climbed higher in Q2. The electric utility's interest coverage ratio is healthy and the debt-to-capital ratio is holding steady.

With the Fed on course for an interest rate cut as early as fall stocks such as American Electric Power (AEP), Micron (MU), Barrick Gold (GOLD) and PulteGroup (PHM) stand to gain.

We have narrowed our search to five low-beta utility stocks that are regular dividend payers. These are: ATO, AEE, AEP, CWT, EXC.

Dividend investing remains popular for steady income and long-term growth.

Utility stocks like American Electric Power Company, Inc. (AEP), FirstEnergy Corp. (FE) and Ameren Corporation (AEE) are a safe bet during times of market volatility.

The utility sector may be one to consider amid heightened market volatility and the potential resurgence of broader economic fears. This is especially true after Friday's jobs report showed the US labor force continued to cool while the unemployment rate rose to 4.3%, its highest peak since 2021.

Does American Electric Power (AEP) have what it takes to be a top stock pick for momentum investors? Let's find out.

American Electric Power Company, Inc. (NASDAQ:AEP ) Q2 2024 Earnings Conference Call July 30, 2024 9:00 AM ET Company Participants Darcy Reese - VP, IR Ben Fowke - Interim President, Interim CEO & Director Peggy Simmons - EVP, Utilities Charles Zebula - EVP & CFO Conference Call Participants Shar Pourezza - Guggenheim Partners Jeremy Tonet - JPMorgan Steven Fleischman - Wolfe Research Carly Davenport - Goldman Sachs Andrew Wiesel - Scotiabank Durgesh Chopra - Evercore ISI Sophie Karp - KeyBanc Capital Markets William Appicelli - UBS Julian Smith - Jefferies Paul Patterson - Glenrock Operator Thank you for standing by. My name is JL and I'll be your conference operator today.

American Electric's (AEP) Q2 operating revenues of $4.73 billion beat the Zacks Consensus Estimate by 4.3%. The top line rises 5.6% from the year-ago quarter's level.