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American Electric Power Company Inc. (AEP) is one of the largest utility companies in the United States, founded by George Tidd, a pioneer in the development of the country’s electrical infrastructure.
Specializing in the generation, transmission and distribution of electric power, the company serves millions of customers across multiple U.S. states.
The company was established during the expansion of the U.S. electricity sector, with the objective of developing a reliable and accessible power grid.
Its service portfolio includes electricity generation from thermal and renewable sources, high-voltage transmission, and distribution of electric power to residential, commercial and industrial customers.
The organization has also expanded its clean-energy and energy-efficiency initiatives, with efforts focused on reducing carbon emissions and diversifying its energy mix.
Operations are predominantly national, spanning 11 U.S. states, including Ohio, Texas, Virginia and Indiana. AEP manages one of the largest transmission networks in the United States, ensuring stable power supply to millions of customers.
The electric utility sector requires continuous investment in infrastructure modernization, energy-transition projects and solutions to meet growing electricity demand.
Capital allocation has been directed toward renewable energy assets, grid automation and new technologies for energy storage, supporting the company’s long-term competitiveness.
With a workforce of 16,787 employees, the operational structure consists of power-generation plants, substations, transmission lines and customer-service units. The business model is based on long-term contracts and regulated tariffs, providing financial predictability.
The company’s shares are traded on Nasdaq under the ticker AEP, and in Brazil it is available through BDRs under the code A1EP34.
History and Foundation
American Electric Power (AEP) was founded in 1906 in the United States with the objective of expanding the country’s electrical infrastructure to support the growing energy needs of industries and households.
From its early years, the company played an essential role in the electrification of multiple U.S. regions. During its initial development, AEP focused on building power-generation facilities and high-voltage transmission networks.
The company’s consolidation as one of the largest electric-power providers in the United States occurred throughout the 20th century, driven by industrialization and urban growth.
Expansion was marked by the development of one of the nation’s largest transmission systems, ensuring energy security and supply stability.
From the 2000s onward, the company began its transition toward cleaner and more renewable energy sources, investing in solar and wind power to reduce its dependence on fossil fuels.
The initial public offering (IPO) took place in 1949, enabling AEP to raise capital for its network expansion and modernization efforts. Since then, the company has continued to grow sustainably, adapting to sector dynamics and environmental requirements.
Between 2020 and 2024, AEP accelerated investments in renewable energy, grid digitalization and energy-storage technologies to improve efficiency and sustainability.
Rising electricity demand and new environmental regulations directly influenced corporate strategy, strengthening the company’s position as a leading player in U.S. energy infrastructure.
With a history spanning more than a century, AEP remains one of the country’s primary energy providers, combining technological innovation, supply reliability and a commitment to sustainability.
Additional Information
The Company American Electric Power Company Inc. (United States), is listed on Nasdaq with a market cap of $ 64.65 Billions, having an equity of $ 31.48 Billions.
With a total of 16.787 employees, the company is listed in the sector of Utilities and categorized in industry of Electrical Infrastructure.
In the last 12 months the Company had a revenue of $ 21.26 Billions, which generated a profit in the amount of $ 3.66 Billions.
As for its main indicators, the Company has a P/E ratio of 17.65, a P/BV ratio of 2.05 and in the last 12 months the dividend yield of AEP was at 3.08%.
The Company is traded internationally through the ticker AEP.
