AEP Schedules Live Webcast Of Quarterly Earnings Call

Rhea-AI Summary

American Electric Power (AEP) has announced a quarterly earnings conference call scheduled for 9 a.m. ET on October 28, 2021. This live webcast will include audio and visuals, available at aep.com/webcasts. AEP boasts a robust infrastructure, operating the largest electricity transmission system in the U.S., serving 5.5 million customers across 11 states. The company aims for a 50% renewable generation portfolio by 2030 and an 80% reduction in carbon emissions from 2000 levels, targeting net-zero by 2050.

Positive

• AEP plans to grow renewable generation to 50% of total capacity by 2030.
• The company aims for an 80% reduction in carbon dioxide emissions from 2000 levels by 2030.

Negative

• None.

COLUMBUS, Ohio, Oct. 21, 2021 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. ET Thursday, Oct. 28. 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 16,800 employees operate and maintain the nation's largest electricity transmission system and more than 223,000 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 5,900 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 achieve an 80% reduction in carbon dioxide emissions from 2000 levels by 2030 and has committed to achieve 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 is the AEP quarterly earnings call scheduled?

The AEP quarterly earnings call is scheduled for 9 a.m. ET on October 28, 2021.

Where can I listen to the live webcast of the AEP earnings call?

The live webcast of the AEP earnings call can be listened to at aep.com/webcasts.

What are AEP's sustainability goals?

AEP aims for a 50% renewable generation portfolio by 2030 and an 80% reduction in carbon emissions from 2000 levels by 2030, targeting net-zero by 2050.