DonCorleone77
Posted - 5 days ago
$AEP American Electric reaffirms FY24 operating EPS $5.53-$5.73, consensus $5.62 American Electric Power announced it will retain its retail energy business, AEP Energy. The company is reaffirming its 2024 operating earnings guidance of $5.53-$5.73 per share, long-term growth rate of 6% to 7% and FFO/Debt target of 14%-15%. AEP management will meet with investors tomorrow at the Citi 2024 Energy Conference. The company's updated cash flow forecast is available at URL in the investor presentation for the conference. There is no change to AEP's equity financing plan resulting from this decision. "We determined that AEP Energy fits into our current portfolio and strategy by providing value to our customers and investors," said Ben Fowke, AEP interim chief executive officer and president. "As load continues to grow in our deregulated states, AEP Energy keeps us closely connected to opportunities to support this demand and provide tailored energy solutions to customers." Today, AEP also announced it signed an agreement to sell its distributed resources business, AEP OnSite Partners. AEP expects to net approximately $315M in cash after taxes and transaction fees. The sale is expected to close in the Q3, pending regulatory approvals.
Stock_Titan
Posted - 5 days ago
$AEP AEP Retains AEP Energy, Reaffirms 2024 Earnings Guidance
https://www.stocktitan.net/news/AEP/aep-retains-aep-energy-reaffirms-2024-earnings-s5mwjvn8bm9g.html
DonCorleone77
Posted - 5 days ago
$AEP American Electric to sell AEP OnSite Partners to Basalt for $315M in cash American Electric Power has entered into an agreement to sell its distributed resources business, AEP OnSite Partners, to funds advised by Basalt Infrastructure Partners LLC. AEP expects to net approximately $315M in cash after taxes and transaction fees, subject to customary closing adjustments. The sale is expected to close in the third quarter of 2024, pending regulatory approvals. AEP OnSite Partners owns, operates and maintains behind-the-meter assets and distributed energy resources and sells the output to schools, municipalities, hospitals and other commercial and industrial customers. Their portfolio consists of more than 300 megawatts of projects at almost 100 sites across the U.S. The sale directly impacts 45 employees, which includes AEP OnSite Partners employees and other AEP employees who support the business. Basalt plans to retain all 45 employees.
Stock_Titan
Posted - 5 days ago
$AEP AEP Signs Agreement to Sell Distributed Resources Business to Basalt
https://www.stocktitan.net/news/AEP/aep-signs-agreement-to-sell-distributed-resources-business-to-kr1m60i22blc.html
davidmoadel
Posted - 5 days ago
Utilities Stocks Are Generating Electricity: Time to Flip the Switch? -- article I wrote for @valuewalk https://valuewalk.com/utilities-stocks-are-generating-electricity/ $XLU $AEP $D
davidmoadel
Posted - 5 days ago
Utilities Stocks Are Generating Electricity: Time to Flip the Switch? -- article I wrote for @valuewalk https://www.valuewalk.com/utilities-stocks-are-generating-electricity/ $XLU $AEP $D
coreholder
Posted - 1 week ago
$AEP tears 😠await….enjoy some profits
nastywifey
Posted - 1 week ago
$FIGS $CHWY $AMZN $ET $AEP
TeresaTrades
Posted - 1 week ago
Largest CALL OI decreases $PFE $AEP $C $MAR $TFC
BagHodlerBob
Posted - 1 week ago
$AEP $kd
John_Wick1234
Posted - 1 week ago
$AEP Higher High & Higher Low.
John_Wick1234
Posted - 1 week ago
$AEP Ascending Channel
Avocado_smash
Posted - 2 weeks ago
$AEP $BORT $BRKL $DAN $FRST
Avocado_smash
Posted - 2 weeks ago
$OFED $MPX $AEP $BRKL $BORT
IN0V8
Posted - 2 weeks ago
$AEP Barclays raises target price to $88 from $84
Nelsin
Posted - 04/30/24
$AEP Sell to Close Premarket for 10% Gain. Only good thing that will happen today.
DonCorleone77
Posted - 04/30/24
$AEP American Electric backs Fy24 EPS view $5.53-$5.73, consensus $5.59 The company said, "AEP management reaffirms its 2024 operating earnings guidance range to $5.53 to $5.73 per share. Operating earnings could differ from GAAP earnings for matters such as impairments, divestitures or changes in accounting principles. AEP management is not able to forecast if any of these items will occur or any amounts that may be reported for future periods. Therefore, AEP is not able to provide a corresponding GAAP equivalent for 2024 earnings guidance."
DonCorleone77
Posted - 04/30/24
$AEP American Electric reports Q1 EPS $1.27, consensus $1.26 Reports Q1 revenue $5B, consensus $5.02B. "Despite mild weather, AEP achieved solid quarterly earnings results, driven by our continued investments in a modern, reliable grid to serve our customers and communities. Affordability for our customers remains top of mind as we make these investments," said Ben Fowke, interim chief executive officer and president.
epsguid
Posted - 04/30/24
$AEP reported earnings of $1.27, consensus was $1.30 via @eWhispers #epsmiss http://eps.sh/d/aep
Stock_Titan
Posted - 04/30/24
$AEP AEP Reports First-Quarter 2024 Earnings, Reaffirms Guidance
https://www.stocktitan.net/news/AEP/aep-reports-first-quarter-2024-earnings-reaffirms-qr69pw4cnt9t.html
Stock_Titan
Posted - 04/29/24
$AEP AEP Schedules Live Webcast of Quarterly Earnings Call
https://www.stocktitan.net/news/AEP/aep-schedules-live-webcast-of-quarterly-earnings-55ru8jaqt5rj.html
JFDI
Posted - 04/22/24
$AEP weekly base
G101SPM
Posted - 4 weeks ago
#SHOWTIME Charter Communications, Inc. Class A Annual General Meeting (April 22) Scheduled to appear: $CHTR Broadcom Inc. Annual General Meeting (April 22) Scheduled to appear: $AVGO American Electric Power Company, Inc. Annual General Meeting (April 23) Scheduled to appear: $AEP West Pharmaceutical Services, Inc. Annual General Meeting (April 23) Scheduled to appear:$ WST MSCI Inc. Class A Annual General Meeting (April 23) Scheduled to appear: $MSCI
John_Wick1234
Posted - 1 month ago
$AEP Ascending Triangle
Stocksrunner
Posted - 1 month ago
Tuesday's Technical Insights: $AEP Crosses Below 200 DMA: Potential bearish signal. $LOGI Crosses Below 200 DMA: Possible trend change. $MNKD Crosses Below 200 DMA: Stock falls below key level. $MT Crosses Below 200 DMA: ArcelorMittal shares bearish. $JWN Crosses Below 200 DMA: Nordstrom declines.
vinmee
Posted - 1 month ago
$AEP going down to 75.. $TSLA
Aswecan
Posted - 1 month ago
$KO HF Advisory Group LLC boosted its holdings in Coca-Cola by 7.6% during the third quarter. HF Advisory Group LLC now owns 6,770 shares of the company’s stock worth $379,000 after purchasing an additional 476 shares during the last quarter. $AEP Financial Advocates Investment Management lifted its position in shares of American Electric Power by 2.8% during the 4th quarter. Financial Advocates Investment Management now owns 4,939 shares of the company’s stock valued at $469,000 after acquiring an additional 133 shares during the period. $WIMI HighTower Advisors owned 12,000 shares of WiMi Hologram Inc.'s stock.
Avocado_smash
Posted - 1 month ago
$NNN $EPD $ETR $AEP $CVX