AEP
NASDAQ · Utilities · Regulated Electric · US
Research · Oct 31, 2026
Electric Utilities Shift Stranded-Asset Risk Away From Existing Customers
Dominion and Exelon are using cost allocation and collateral to screen large data-center loads before grid investment, shifting stranded-asset risk away from existing customers.
Research · Oct 29, 2026
Data Center Power Contracting Shifts Toward Utility GenCo Structures
NiSource expects GenCo EPS of $0.32-$0.40 by 2030, while AEP and FirstEnergy assess similar structures for data center power projects.
Research · Oct 29, 2026
Electric Transmission Shifts Toward Regional Grid Investment
CenterPoint, AEP and FirstEnergy say large loads used up spare transmission capacity, so new spending targets regional grid work as suppliers book into 2027-2029.
Research · Oct 29, 2026
AEP Q3 2026 Earnings: Data Center Load Grows, Rate Recovery Lags Costs
AEP's Q3 2026 operating EPS rose to $2.23 as commercial sales grew 18% on a high base, but weather drove much of the profit gain and rate revenue still trailed cost growth.
Research · Oct 16, 2026
[AEP] American Electric Power: Q3 2026 earnings preview on data center load and rate recovery
AEP earned $1.36 operating EPS in Q2 2026 but raised 2026 guidance to $6.25-$6.55; Q3 tests whether data center sales growth and new rates can outpace higher costs.
Research · Sep 3, 2026
[AEP] American Electric Power Thesis 2026: Data Center Load Growth Anchors Record Capex Cycle
American Electric Power FY25 (Dec 31, 2025) at $21.78B revenue (+9%). NI $3.58B; EPS $6.66 (+19%). Adj operating EPS $5.97 (above top of guide). Retail sales +7.5%, commercial + industrial +10% (data centers IN/TX/OH + Texas industrial). FY26 guide $6.15-$6.45 EPS. Long-term 7-9% CAGR; $72B 5-year capex; 10% rate base CAGR; $5-8B incremental generation needs identified.
Research · Apr 10, 2026
US Utilities Rotation: DUK and AEP Lead as Inflation Fades — 2 to Buy, 2 to Avoid
As inflation eases, US utilities are poised for growth driven by infrastructure investments. Duke Energy and American Electric Power emerge as strong candidates, while Dominion Energy and Entergy face challenges. Monitoring regulatory changes and economic conditions will be crucial.