AEP Posts 0.84 Drop on 398th Highest Volume Amid Grid Expansion and Leadership Overhaul

On September 2, 2025, American Electric Power (AEP) closed with a 0.84% decline, trading on a volume of $0.28 billion—the 398th highest on the day. The stock's performance coincided with a series of strategic moves aimed at expanding infrastructure and addressing evolving energy demands.

AEP Ohio secured regulatory approval for a proposal to protect consumers amid growing data center activity, aligning with broader efforts to balance energy supply and demand. The company also announced a transmission investment partnership with KKR and PSP Investments, signaling a commitment to strengthening grid infrastructure. Meanwhile, AEP Texas unveiled plans to construct a 765-kV transmission line, marking a significant step in enhancing regional energy resilience.

Leadership changes further underscored the company’s strategic focus. Doug Cannon, an industry veteran, was appointed president of AEP Transmission, while Puesh Kumar was named vice president of National Security and Resilience. These appointments highlight AEP’s emphasis on operational expertise and long-term reliability.

Financially, AEP reported first-quarter 2025 earnings that reaffirmed its guidance, maintaining confidence in its operational performance. The company also announced a common stock offering with a forward component, indicating ongoing capital-raising efforts to support its infrastructure initiatives.

Trailing total returns as of September 2, 2025, included dividends or other distributions, with the S&P 500 serving as the benchmark. The stock’s performance reflected a mix of regulatory progress, capital allocation decisions, and leadership restructuring.