AEP SCHEDULES LIVE WEBCAST OF QUARTERLY EARNINGS CALL

Rhea-AI Summary

American Electric Power (AEP) has scheduled a quarterly earnings conference call for July 27 at 9 a.m. ET. This call will be broadcast live and include charts and visuals presented by AEP management. AEP, based in Columbus, Ohio, serves 5.5 million customers across 11 states, operating the largest electricity transmission network in the U.S. The company aims to grow its renewable energy capacity to 50% of its total by 2030, planning an 80% reduction in carbon emissions from 2000 levels by 2030 and a net-zero target by 2050.

Positive

• AEP aims to increase renewable energy to 50% of its total capacity by 2030.
• On track for 80% reduction in carbon dioxide emissions from 2000 levels by 2030.
• Targeting net zero carbon emissions by 2050.

Negative

• None.

COLUMBUS, Ohio, July 20, 2022 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. ET Wednesday, July 27. The call will be broadcast live over the internet at http://www.aep.com/webcasts.

The webcast will include audio of the call as well as visuals of charts and graphics referred to by AEP management during the call. 

The call will be archived on http://www.aep.com/webcasts for use by those unable to listen to the live webcast.

American Electric Power, based in Columbus, Ohio, is powering a cleaner, brighter energy future for its customers and communities. AEP's approximately 16,700 employees operate and maintain the nation's largest electricity transmission system and more than 224,000 miles of distribution lines to safely deliver reliable and affordable power to 5.5 million regulated customers in 11 states. AEP also is one of the nation's largest electricity producers with approximately 31,000 megawatts of diverse generating capacity, including more than 7,100 megawatts of renewable energy. The company's plans include growing its renewable generation portfolio to approximately 50% of total capacity by 2030. AEP is on track to reach an 80% reduction in carbon dioxide emissions from 2000 levels by 2030 and has committed to achieving net zero by 2050. AEP is recognized consistently for its focus on sustainability, community engagement, and diversity, equity and inclusion. AEP's family of companies includes utilities AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas Panhandle). AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide. For more information, visit aep.com.

 

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SOURCE American Electric Power

FAQ

When will AEP's quarterly earnings call take place?

AEP's quarterly earnings call is scheduled for July 27 at 9 a.m. ET.

How can I access the live webcast of AEP's earnings call?

The live webcast can be accessed at http://www.aep.com/webcasts.

What is AEP's goal for renewable energy by 2030?

AEP aims to increase its renewable energy capacity to approximately 50% of total capacity by 2030.

What are AEP's carbon emissions reduction targets?

AEP is on track to achieve an 80% reduction in carbon dioxide emissions from 2000 levels by 2030 and aims for net zero emissions by 2050.