AEP Retains AEP Energy, Reaffirms 2024 Earnings Guidance

COLUMBUS, Ohio, May 13, 2024 /PRNewswire/ -- 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%. AEP management will meet with investors tomorrow at the Citi 2024 Energy Conference. The company's updated cash flow forecast is available at https://www.aep.com/investors/ in the investor present ...