Monday, 28 September 2015

Elina buys AEP 55.99: The unit was taken offline at 12:03 am EDT Monday, plant spokeswoman Krista Connelly said in an email.

General Motors (GM) to Pay $900M to Settle with the U.S. Additionally, the fact that Freeport is increasing its investments in renewable energy is another positive that investors should consider. Moreover, Deutsche Bank recently upgraded American Electric Power from Hold to buy with a price target of $62.40, primarily driven by solid financial results and its growth prospects. This consensus rating has been maintained for more than three years now. Moreover, the consensus estimate among 24 investment analysts who cover American Electric Power indicates that the stock will do better than the market.


Freda:
Thus, American Electric is focused on different areas in order to improve its financial performance and capture more of the end market going forward.

Myrtice:
More importantly, American Electric is growing its energy portfolio to include renewable energy as well that comprises of wind, hydroelectric, solar, biomass and biodiesel while focused on lowering its carbon emissions.

Karren:
As a result of these investments, American Electric seems well-positioned for long-term growth since it is strategically distributing its capital and equity investments across its power generation portfolio.

Katrina:
American Electric has also announced regulated generation investment, regulated distribution investment, and regulated transmission investment of $2.7 billion, $3.6 billion, and $4.8 billion, respectively.

Cassidy:
Its capital spending projection for the period 2015 to 2017 includes overall non-GAAP capital and equity contributions of $4.4 billion, $3.8 billion, and $3.9 billion for 2015, 2016, and 2017, respectively.

Tricia:
Moreover, American Electric has lined up aggressive investments for the future.

Shoshana:
However, expansion of the oil and gas industry was negatively impacted by the weak oil prices, still other industrial segments in its service area are gaining from reduced fuel costs.

Hannelore:
Moreover, American Electric is witnessing notable industrial load growth in its shale gas counties, with 14% year-over-year growth.

Raquel:
This planned diversification is believed to provide solid top line growth for the company.

Easter:
Looking ahead, American Electric seems to be highly focused on diversifying its power generation base including power generated through coal or lignite, natural gas, hydro, wind, solar and pumped storage.

American Electric Power Company (NYSE:AEP)
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