AEP - American Electric Power Co Inc.

American Electric Power (AEP) is a publicly-traded electric utility company based in Columbus, Ohio, USA. The company operates in 11 states across the Midwest, South, and Southwest regions of the United States and serves over 5 million customers.

AEP's business model is focused on generating, transmitting, and distributing electricity to its customers. The company generates electricity from a mix of sources, including coal, natural gas, nuclear, and renewable energy sources such as wind and solar. AEP's transmission system spans over 40,000 miles, and the company operates a distribution network of more than 220,000 miles of power lines.

In addition to its core operations, AEP is committed to sustainability and has set targets to reduce its carbon emissions and increase its use of renewable energy sources. The company is also investing in advanced technologies to modernize its grid and improve reliability and resiliency for its customers.

AEP is listed on the NASDAQ stock exchange under the ticker symbol AEP. The company has a market capitalization of around $48 billion as of February 2023, and its stock has generally provided investors with stable returns over the years. However, the company is subject to various risks, including regulatory risks, operational risks associated with its complex infrastructure, and market risks related to changes in energy demand and pricing.

Stock Sector: Utilities: Electric Utilities