Previous Close | 23.55 |
Open | 23.55 |
Bid | 25.70 |
Ask | 30.50 |
Strike | 55.00 |
Expire Date | 2024-06-21 |
Day's Range | 23.55 - 23.55 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
American Electric Power (Nasdaq: AEP) announced today it will retain its retail energy business, AEP Energy. The company is reaffirming its 2024 operating earnings guidance of $5.53 to $5.73 per share, long-term growth rate of 6% to 7% and FFO/Debt target of 14% to 15%.
American Electric Power (Nasdaq: AEP) has entered into an agreement to sell its distributed resources business, AEP OnSite Partners ("OnSite"), to funds advised by Basalt Infrastructure Partners LLC. AEP expects to net approximately $315 million in cash after taxes and transaction fees, subject to customary closing adjustments. The sale is expected to close in the third quarter of 2024, pending regulatory approvals.