AEP mulls $10 billion boost to five-year capex plan on data center demand
As the technology industry pours billions of dollars into expanding energy-hungry artificial intelligence and cloud computing data centers, U.S. power companies have revised load forecasts and capital investment plans upwards.
AEP says could add $10B to five-year capex plan on data center demand
American Electric Power said it is considering a $10B boost to its record $54B five-year capital spending plan, as demand for data centers ramps up.
AEP considers a $10 billion increase in its five-year capital expenditure plan to meet data center demand
American Electric Power said on Thursday that it would consider adding $10 billion to the $54 billion capital plan, which is a record.
Duke Energy raises five-year capex plan on increased data center, industrial demand
Duke Energy on Thursday raised its five-year capital expenditure plan to $83 billion, a 13.7% jump, as the utility looks to boost its grid to profit from an oncoming demand from data centers and increased electrification.
Dominion Energy hikes five-year capex plan ahead of anticipated datacenter power demand
Dominion Energy (NYSE:D) -0.6% in Wednesday's trading after reporting mixed Q4 results and narrowing FY 2025 guidance while raising its five-year capital spending plan as it anticipates a potential surge in power demand from a rise in datacenters across the U.
AEP fourth-quarter profit rises as data centers boost demand for power
U.S. utility American Electric Power posted a rise in fourth-quarter profit on Thursday, as data centers boosted demand for ...
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American Electric Misses Q4 Revenue Expectations, Reaffirms FY25 Guidance: Stock Edges Lower, Retail Sentiment Worsens
Shares of American Electric Power Company Inc. (AEP) edged lower by 0.2% in Thursday’s morning trade after the utility ...
American Electric Power outlines $54B capital plan and reaffirms 6%-8% long-term earnings growth
Q4 2024 Management View CEO Bill Fehrman introduced new CFO Trevor Mihalik and emphasized AEP’s strategic focus on execution, accountability, and long-term value creation. AEP reported Q4 operating ...
AEP: Q4 Earnings Snapshot
COLUMBUS, Ohio — COLUMBUS, Ohio — American Electric Power Co. (AEP) on Thursday reported fourth-quarter profit of $664.1 million. The Columbus, Ohio-based company said it had profit of $1.25 per share ...
American Electric Power Misses On Revenue, Tops Profit Forecasts, Reaffirms 2025 Outlook
AEP reports Q4 revenue of $4.70B, missing consensus of $4.88B. Total energy distribution & commercial load rose. FY25 ...
American Electric Power Company (AEP) Q4 2024 Earnings Call Transcript
American Electric Power Company ( NASDAQ: AEP) Q4 2024 Earnings Conference Call February 13, 2025 9:00 AM ET Darcy Reese - VP, IR Bill Fehrman - President and CEO Trevor Mihalik - EVP, CFO Kate ...
American Electric Power Company Inc. (AEP) Among the Best Infrastructure Stocks to Buy According to Hedge Funds?
We recently published a list of 12 Best Infrastructure Stocks to Buy According to Hedge Funds. In this article, we are going ...
American Electric Power: AEP Reports 2024 Earnings Results
GAAP earnings of $5.60 per share; operating earnings of $5.62 per share representing a 7% increase over prior year 2025 operating earnings (non-GAAP) ...
American Electric backs FY25 EPS view $5.75-$5.95, consensus $5.88
The company said, “AEP management reaffirms its 2025 operating earnings guidance range of $5.75 to $5.95 per share. Operating earnings could ...
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WATCH: AEP provides update on power outages
Restoration times vary but some may be without power until Friday. The estimated time refers to when ninety percent of ...