AEP Surges 3.69 on 154 Volume Spike Ranks 106th in Market Activity Amid 700B Capital Plan and Record Earnings

American Electric Power (AEP) closed July 30 with a 3.69% gain, driven by a 154.36% surge in trading volume to $0.99 billion, ranking it 106th in market activity. The stock’s performance aligns with the company’s record second-quarter operating earnings of $1.43 per share, a 14.4% year-over-year increase, and reaffirmed guidance of $5.75–$5.95 per share for 2025. AEP’s GAAP earnings rose to $2.29 per share, up from $0.64 in the same period in 2024.

The utility company announced a new $70 billion five-year capital plan, expanding its existing $54 billion program, to meet growing energy demand. Key projects include high-voltage transmission lines in Texas and Virginia, supported by regulatory approvals. AEP also secured 24 gigawatts of incremental load by 2030, primarily in Indiana, Ohio, and Texas, pushing its peak load to 60 gigawatts—among the fastest growth in the industry. These initiatives underscore the company’s strategic focus on infrastructure modernization and long-term growth.

AEP’s financial strength is bolstered by a recent $2.82 billion investment from KKR and PSP Investments in its transmission companies, enhancing credit stability. The CEO emphasized the company’s customer-centric approach, citing legislative advancements in Oklahoma, Ohio, and Texas as catalysts for infrastructure opportunities. AEP’s operating earnings growth rate of 6–8% remains intact, reflecting confidence in its execution and regulatory environment.

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