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American Electric Power Company Inc AEP

American Electric Power Company, Inc. is an electric public utility holding company. It operates and maintains the electricity transmission system and distribution lines to deliver power. Its segments include Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing. Vertically Integrated Utilities segment is engaged in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers. Transmission and Distribution Utilities segment is engaged in the transmission and distribution of electricity for sale to retail and wholesale customers. AEP Transmission Holdco segment is engaged in the development, construction, and operation of transmission facilities. Generation & Marketing segment conducts marketing, risk management and retail activities. It is also an electricity producer with nearly 29,000 megawatts (MW) of generating capacity, including about 6,100 MW of renewable energy.


NDAQ:AEP - Post by User

Post by bc4uon Feb 15, 2013 7:37am
468 Views
Post# 20993739

AEP Reports 2012 Fourth-Quarter and Year-End Earni

AEP Reports 2012 Fourth-Quarter and Year-End Earni

 

AEP Reports 2012 Fourth-Quarter and Year-End Earnings 
 
Fourth-quarter earnings $0.05 per share GAAP and $0.50 per share operating; difference primarily due to Ohio plant impairments and restructuring charges 
2012 year-end earnings $2.60 per share GAAP and $3.09 per share operating 
Continued discipline around controlling costs 
John W. Turk Jr. coal-fueled generation plant on line in December 2012 
 
AMERICAN ELECTRIC POWER 
 
 
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