American Electric Power Company, Inc. · Columbus, OH United States ·(NYSE: AEP)
Company Description
Phone: 614-716-1000
Fax: 614-716-1823
Rankings
- #493 in FT Global 500
- #180 in FORTUNE 500
- S&P 500
- Dow Jones Utilities
View American Electric Power Company, Inc. Locations On A US Map
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This link will open in a new window American Electric Power (AEP) takes its slice of the US power pie out of Middle America. The holding company is one of the largest power generators and distributors in the US. AEP owns the nation's largest electricity transmission system, a network of almost 39,000 miles. Its electric utilities serve more than 5 million customers in 11 states and have more than 38,000 MW of largely coal-fired generating capacity. AEP is a top wholesale energy company; it markets and trades electricity, natural gas, and other commodities and has stakes in independent power plants. Other operations include natural gas transportation, storage, and processing, and barge transportation services. To read the full description, subscribe now.
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Key American Electric Power Company, Inc. Financials
| Company Type | Public - NYSE: AEP Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $14,440.0 |
| 2008 Employees | 21,912 |
American Electric Power Company, Inc. Executives
60 executives listed for American Electric Power Company, Inc.'s Columbus, OH location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO; Chairman, President, and CEO, American Electric Power Service Corporation | Michael Morris | Network |
| COO | Carl English | Network |
| EVP And CFO | Brian Tierney | Network |
Competition
Competitive Landscape for American Electric Power Company, Inc.
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top American Electric Power Company, Inc. Competitors
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