American Electric Power Company, Inc. (AEP)

The company now

American Electric Power reported third-quarter 2026 earnings of $1,187 million, or $2.18 per share, on 28 October, up from $972 million, or $1.82 per share, a year earlier 1. Operating earnings, the company's measure that leaves out one-off items, were $2.23 per share against $1.80 1.

With the results, the company announced a five-year capital plan of $100 billion through 2031, up from the $72 billion plan described in its annual report 13. It expects that plan to grow its rate base, the asset value on which regulators let it earn a return, by 13 percent or more a year 1.

The company said 15 gigawatts of new large-customer commitments were signed in the quarter, lifting contracted extra load to 84 gigawatts by 2031 1. Its quarterly report credits new data processing load for higher commercial and industrial sales 2.

The company expects 2026 operating earnings at or above the high end of its $6.25 to $6.55 per share range 1. Regulators still have to act on a 918 MW gas plant purchase in Indiana, with a final order expected in December 2026 2.

As of Oct 30, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.