American Electric Power (AEP)
(Delayed Data from NSDQ)
$97.24 USD
-0.89 (-0.91%)
Updated Aug 14, 2024 04:00 PM ET
After-Market: $97.23 -0.01 (-0.01%) 7:48 PM ET
3-Hold of 5 3
C Value D Growth B Momentum C VGM
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$97.24 USD
-0.89 (-0.91%)
Updated Aug 14, 2024 04:00 PM ET
After-Market: $97.23 -0.01 (-0.01%) 7:48 PM ET
3-Hold of 5 3
C Value D Growth B Momentum C VGM
Zacks News
Columbus, OH-based American Electric Power Company, Inc. is a public utility holding company, which, through directly and indirectly owned subsidiaries, generates, transmits and distributes electricity, natural gas and other commodities. The company was incorporated in 1906. It is one of the largest integrated utilities in the United States, serving more than 5.4 million customers in 11 states. It has roughly 25,400 MW of generating capacity, of which almost 52% are coal-fired as of Sep 30 and nearly 40,000 miles of electricity transmission system network.
How Bad Could It Get for Coal Stocks?
by Zacks Equity Research
The Clean Power Plan proposed by the EPA, which calls for a cutback in carbon emissions during power generation by 30% by 2030 from 2005 levels, could see lower demand for coal in the U.S. going forward.