Key Points – AEP raised its 2026 operating EPS guidance to $6.25–$6.55 from $6.15–$6.45, despite second-quarter earnings declining year over year to $1.36 per share. – Contracted large-load additions increased to 69 gigawatts through 2030, led by 45 gigawatts in Texas, creating…
tential long-term investment opportunities beyond the company’s existing $78 billion capital plan. – AEP highlighted growth and customer benefits from its investment pipeline, including 13 gigawatts of secured gas-turbine capacity, DOE financing expected to generate nearly $1.4 billion in customer benefits, and regulatory settlements supporting affordability and returns. – Beyond the AI Trade: 3 Defensive Stocks Built for Stability American Electric Power (NASDAQ:AEP) raised its 2026 operating earnings guidance after reporting second-quarter operating earnings of $1.36 per share, or $742 million, as the utility highlighted rising contracted large-load demand, regulatory progress and an expanding pipeline of generation and transmission investments. The company increased its full-year operating earnings outlook to $6.25 to $6.55 per share, from a prior range of $6.15 to $6.45 per share
Second-quarter operating earnings were down from $1.43 per share a year earlier, while year-to-date operating earnings rose to $3.01 per share from $2.98 per share in the prior-year period. – 2 Dividend Stocks Insulated From Middle East Conflict Chairman, President and CEO Bill Fehrman said the year-over-year comparison was affected by the 2025 transmission minority-interest sale and timing-related tax items. CFO Trevor Mihalik said the company expects transmission earnings to make a favorable year-over-year contribution by the end of 2026 as infrastructure investment continues, while certain tax timing effects are expected to reverse by year-end. Load Commitments Continue to Rise AEP said contracted load additions through 2030 reached 69 gigawatts, up 6 gigawatts from the prior quarter.
The additions are…