American Electric Power Company, Inc. Company Profile & Data: stocks, market cap, financials, digital and more

                        
Company
American Electric Power Company, Inc.Headquarters: Columbus, 
                        OH, United States
                    
Founded: 1906
Employees: 16,688
CEO: Mr. Nicholas K. Akins

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                                    NASDAQ: AEP
                                
                                            -0.09%
                                            
Market Cap$44.29 Billion

                        USD as of July 1, 2023
                    
                            history
                            Market Cap History

American Electric Power Company, Inc. Categories

United States Utilities Utilities—Regulated Electric

United States Utilities

United States Utilities—Regulated Electric

Company Description

American Electric Power, also known by the acronym AEP, is an electric utility company. Tracing its origins to 1906, AEP now operates in power generation primarily with coal-fueled power plants, but also with natural gas and nuclear plants, and wind, hydro, pumped storage, and other sources. It is also involved in power transmission and delivery through local subsidiaries in Ohio, Texas, Tennessee, West Virginia, Indiana, Michigan, Kentucky, Oklahoma, Arkansas, and Louisiana.

American Electric Power Company, Inc. market capitalization over time

Evolution of American Electric Power Company, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of American Electric Power Company, Inc.

Top Competitors by Market Capitalization

Industry: Utilities—Regulated Electric

Company	Market Cap (USD)
NextEra Energy	$146.07 B
The Southern Company	$77.43 B
Duke Energy Corporation	$70.04 B
PG&E Corporation	$41.59 B
Xcel Energy Inc.	$34.67 B

Sector:

Company	Market Cap (USD)
NextEra Energy	$146.07 B
The Southern Company	$77.43 B
Iberdrola, SA	$76.57 B
China Yangtze Power Co. Ltd	$74.21 B
Duke Energy Corporation	$70.04 B

Detailed Description

American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company generates electricity using coal and lignite, natural gas, nuclear, hydro, solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. American Electric Power Company, Inc. was incorporated in 1906 and is headquartered in Columbus, Ohio.