Trump admin ramps up effort to revive coal industry as power demand surges [FOX Business Network]
American Electric Power Company, Inc. (AEP)
Last american electric power company, inc. earnings: 2/20 06:57 am
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Source: FOX Business Network
The Trump administration is stepping up its push to reinvigorate the U.S. coal industry as it pursues its goal of boosting energy security. Last week, the Department of Energy announced that it would provide $175 million in funding for projects to modernize, retrofit and extend the useful life of six coal-fired power plants that serve rural and remote communities. The agency said the move is intended to keep dependable sources of energy online, while also strengthening the reliability of the electric grid and keeping electricity costs low for American households and businesses. The funding came from a previously announced $525 million plan to extend the life of coal plants and increase efficiency, as the administration views modernizing existing plants as a fast and cost-effective way to provide reliable power while preserving high-wage energy jobs. "For years, previous administrations targeted America's coal industry and the workers who power our country, forcing the prematu
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AEP
News
- American Electric Power (NASDAQ:AEP) had its "overweight" rating reaffirmed by analysts at Morgan Stanley.MarketBeat
- American Electric Power (NASDAQ:AEP) had its price target raised by analysts at TD Cowen from $137.00 to $141.00. They now have a "buy" rating on the stock.MarketBeat
- American Electric Power (NASDAQ:AEP) had its "buy" rating reaffirmed by analysts at Jefferies Financial Group Inc..MarketBeat
- American Electric Power (NASDAQ:AEP) had its "market perform" rating reaffirmed by analysts at BMO Capital Markets.MarketBeat
- Transource Energy and FirstEnergy Transmission Joint Venture Receive Approval for Major Electric Transmission Project in Central Ohio [Yahoo! Finance]Yahoo! Finance
AEP
Earnings
- 2/12/26 - Beat
AEP
Sec Filings
- 2/19/26 - Form 4
- 2/19/26 - Form 4
- 2/19/26 - Form 4
- AEP's page on the SEC website