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AEP

American Electric Power Company Inc

6/20/2013, 12:27 AM ET

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Thursday, May 30, 11:17 AM Utilities are getting a bit of a reprieve after taking a beating over the past few days. Option implied volatility has been increasing as investors rotate out of high dividend yield positions in the wake of a rise in treasury yields: AEE +1.7%, D +0.3%, DTE +1.9%, EIX +0.6%, ETR +1.3%, EXC +0.7%, FE +0.9%, NEE +1.7%, PEG +0.8%, PPL +0.5%, SRE +1.3%, TE +0.5%, AEP +0.8%, DUK +0.6%, ED NU +1.6%, PCG +1.2%, SO +0.4%, XEL +1.3%. 5 Comments [Energy, On the Move, U.S. Economy]
Tuesday, May 28, 6:41 PM American Electric Power (AEP), Southern Co. (SO) and other utilities that have traditionally burned coal to generate electricity are exploring entering the rooftop-solar business, WSJ reports. They're testing the waters because they're feeling a pinch: Demand for electricity is barely growing in the sluggish economy, and developers of small-scale solar systems are giving customers another option for buying power. Comment! [Energy]
Tuesday, May 28, 2:59 PM If long-term Treasury yields keep rising, dividend-seeking investors in utilities (XLU -1.4%) will wonder how the lights went out for the sector, 24/7's Jon Ogg writes. The risk isn't only that investors may go elsewhere for yield; utilities have high operating costs and they borrow heavily to pay for infrastructure investments. Today's analyst downgrades only magnify what investors have to fear. 5 Comments [Energy]
Thursday, May 23, 2:06 PM The NYSE rules to let stand all trades in American Electric Power (AEP -1%) and NextEra Energy (NEE -1.2%) but prices for certain "aberrant" trades will be excluded from the high and low prices in data feeds. There were hundreds of trades early this morning in AEP at or below $46.03 and in NEE at or below $76.19, more than 50% below yesterday's closing prices. 10 Comments [Energy]
Thursday, May 23, 9:52 AM Trading is temporarily halted in NextEra Energy (NEE) and American Electric Power (AEP) after early trades printed as low as $30.37 and $22.28, respectively. Yesterday's respective closing prices were $79.16 and $48.59. 6 Comments [Energy]
Monday, May 20, 2:07 PM The U.S. Supreme Court rules that utility companies paying a windfall tax in the U.K. can claim a foreign tax credit on their U.S. tax returns, a win for PPL Corp. (PPL), which sought a U.S. credit after the U.K. assessed a windfall tax on a utility PPL partially owned. At least two other U.S. utilities - Entergy (ETR) and American Electric Power (AEP) - are in a similar position. Comment! [Energy]
Friday, April 26, 6:59 AM American Electric Power (AEP): Q1 EPS of $0.80 misses by $0.01. Revenue of $3.8B beats by $0.02B. (PR) Comment! [Earnings, Breaking News]
Friday, April 26, 12:05 AM Notable earnings before Friday’s open: ABBV, AEP, AON, ARLP, B, BKW, BPO, COV, CVX, DHI, DLR, DTE, FLIR, GDI, GNC, GT, HMSY, IMGN, ITRI, LAZ, LYB, MPW, NOV, SPG, TRP, TYC, VFC, VTR, WETF, WY Comment! [Earnings]
Thursday, April 25, 5:30 PM Notable earnings before Friday’s open: ABBV, AEP, AON, ARLP, B, BKW, BPO, COV, CVX, DHI, DLR, DTE, FLIR, GDI, GNC, GT, HMSY, IMGN, ITRI, LAZ, LYB, MPW, NOV, SPG, TRP, TYC, VFC, VTR, WETF, WY Comment! [Earnings]
Tuesday, April 23, 9:15 AM American Electric Power Company, Inc. (AEP) declares $0.49/share quarterly dividend, 4.3% increase from prior dividend of $0.47. Forward yield 3.89%. For shareholders of record May 10. Payable June 10. Ex-div date May 07. (PR) 1 Comment [Dividends]
Thursday, April 18, 2:59 PM Even with less valuation upside, Credit Suisse still thinks the basic investment thesis for regulated utilities holds up: 4%-5% EPS growth, 4% dividend yields, and 0.5x-0.7x beta create a high-single-digit annual return in a low-risk package. The firm's top six picks: Dominion (D), CMS Energy (CMS), American Electric Power (AEP), Duke Energy (DUK), DTE Energy (DTE), Edison (EIX). 1 Comment [Energy, Quick Ideas]
Tuesday, April 2, 7:05 PM Citi strategists tweak the criteria for their top dividend-paying stock picks, lowering the standard for dividend yield while adding a new filter for dividend momentum “to give more emphasis on dividend safety and growth." The full list: MO, AEP, T, AVB, BMY, ED, D, DD, DUK, INTC, KMB, KRFT, LLY, MCD, MRK, MSFT, NU, NOC, OXY, PFE, PM, RTN, SRE, SO, SYY, XEL. 5 Comments [Quick Ideas]
Friday, February 15, 3:40 PM American Electric Power (AEP +0.4%) holds its own today, despite a lackluster Q4 that still managed to beat estimates. Net profit sank 93% Y/Y as the company posted sizeable charges related to restructuring and writedowns at one of its Ohio plants. The company boosted its dividend payout ratio however, to 60% to 70% of consolidated earnings, from 50% to 60%, saying it sought to reward shareholders and achieve ratios consistent with its regulated peers. Comment! [Energy, Earnings]
Friday, February 15, 7:14 AM American Electric (AEP): Q4 EPS of $0.50 beats by $0.05. Revenue of $3.6B (+0.2% Y/Y) beats by $0.05B. (PR) Comment! [Earnings, Breaking News]
Friday, February 15, 12:05 AM Notable earnings before Friday’s open: AEP, BAM, BKW, CPB, DLR, ENB, IPGP, KRFT, MNTA, RCI, SFL, SJM, SNH, TRW, UPL, VFC, VTG, VTR Comment! [Earnings]
Thursday, February 14, 5:30 PM Notable earnings before Friday’s open: AEP, BAM, BKW, CPB, DLR, ENB, IPGP, KRFT, MNTA, RCI, SFL, SJM, SNH, TRW, UPL, VFC, VTG, VTR Comment! [Earnings]