AEP expanded power deal. American Electric Power stock sits 10.59 percent below its high
Published on 10/12/2026 at 12:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- American Electric Power expanded a Kentucky Power agreement tied to a 1 gigawatt data campus on October 5, 2026.
- The agreement could provide USD 100 million in customer bill credits over 10 years, subject to regulatory approval.
- The stock was EUR 109.82 at Lang & Schwarz on October 12, 2026, 10.59 percent below its EUR 122.82 52-week high.
- AEP reported USD 5.45 billion in second-quarter 2026 revenue and maintained fiscal 2026 earnings guidance of USD 6.25-6.55 per share.
American Electric Power stock was at EUR 109.82 at Lang & Schwarz in trading on October 12, 2026 at 12:13 p.m. CEST, 10.59 percent below its EUR 122.82 52-week high. On October 5, 2026, American Electric Power expanded a Kentucky Power agreement with TeraWulf that would increase contracted demand from 500 megawatts to 1 gigawatt, according to AEP.
Customer credits accompany expansion
The amended agreement could provide USD 100 million in winter bill credits for Kentucky Power residential customers over the first 10 years, subject to approval by the Kentucky Public Service Commission. It also moves the second 500-megawatt phase of TeraWulf's Muskie Data campus from 2030 to 2029, while the first phase remains targeted to ramp up in 2028, according to TeraWulf.
Three dated utility milestones
On July 20, 2026, AEP declared a quarterly dividend of USD 0.95 per share. On July 30, 2026, it reported second-quarter 2026 revenue of USD 5.45 billion, up 7.00 percent year over year, and maintained fiscal 2026 operating earnings guidance of USD 6.25-6.55 per share, according to AEP. On October 5, 2026, the Kentucky Power agreement added the 1-gigawatt capacity figure and the USD 100 million customer-benefit figure, according to AEP.
What does 1 gigawatt mean
The expansion doubles contracted demand at Muskie from 500 megawatts to 1 gigawatt and brings the second 500-megawatt phase forward by one year. For AEP, the agreement combines potential load growth with customer protections, because TeraWulf has agreed to cover estimated financing costs tied to Kentucky Power's planned 760-megawatt combined-cycle generation facility at Big Sandy, according to AEP.
Next earnings date is October 28
AEP's next quarterly earnings webcast is scheduled for October 28, 2026, at 9:00 a.m. ET. Zacks lists the same date as a confirmed earnings release date and gives a consensus estimate of USD 1.98 in earnings per share for the quarter ending September 2026.
Stock remains below its yearly high
The Lang & Schwarz price of EUR 109.82 was EUR 0.22, or 0.18 percent, above the Xetra close of October 9, 2026 at EUR 109.60. The finance quote for AEP.DE places the 52-week range at EUR 86.70 to EUR 122.82 and market capitalization at EUR 59.3 billion as of October 12, 2026. The further course of trading is shown by the continuously updated real-time quote of American Electric Power stock.
American Electric Power stock facts
- Company: American Electric Power Company, Inc.
- ISIN: US0255371017
- WKN: 850222
- Ticker: AEP
- Primary exchange: Nasdaq
- Price Lang & Schwarz as of October 12, 2026, 12:13 p.m. CEST: EUR 109.82
- Change versus Xetra close: plus 0.18 percent
- Xetra close October 9, 2026: EUR 109.60
- Market capitalization: EUR 59.3 billion (as of October 12, 2026)
- 52-week range: EUR 86.70-122.82 (as of October 12, 2026)
- Sector / Industry: Utilities / Electric utilities
- Index membership: S&P 500
- Next earnings date: October 28, 2026
Market context: Market report Nasdaq Composite.
