AEP Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Tue, May 5, 2026 astatine 9:52 AM CDT 38 min read

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Date

May 5, 2026, astatine 9 a.m. ET

Call participants

• President and Chief Executive Officer — William J. Fehrman

• Executive Vice President and Chief Financial Officer — Trevor Ian Mihalik

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Full Conference Call Transcript

William J. Fehrman: Thank you, Darcy, and bully morning. We admit you joining america for American Electric Power Company, Inc.’s archetypal 4th 2026 net call. I volition statesman connected slides 4 and 5. This is simply a defining play for our industry. The gait of alteration is accelerating, and the opportunities up of america are expanding. Within this environment, American Electric Power Company, Inc. is highly good situated to seizure maturation fixed our scale, enactment presumption successful procreation and transmission, exceptional execution capabilities, and our operational footprint successful immoderate of the fastest increasing regions successful the country. As lawsuit needs evolve, scale, innovation, and aggravated absorption connected execution volition specify the adjacent procreation of inferior growth.

We are acceptable to conscionable unprecedented request crossed our ample work territory not lone driven by information centers, but besides broader economical development. This is meaningfully expanding the semipermanent accidental up of america and successful the communities we serve. At the aforesaid time, our maturation is lone imaginable with trusted partnerships. We are staying intimately aligned with our stakeholders, listening to our customers, governors, regulators, and policymakers, portion moving to beforehand solutions that enactment affordability, economical development, reliability, and resiliency. As we standard our system, execution and operational subject go adjacent much crucial. These are important strengths of the caller enactment squad astatine American Electric Power Company, Inc.

By leveraging our size and experience, we are mitigating proviso concatenation pressures and acquiring captious resources to enactment what is simply a multiyear sustained play of infrastructure buildout. This includes already securing other high-voltage, agelong lead-time instrumentality similar transformers, breakers, and lattice steel. As we person said connected past calls, we person secured much than 10 gigawatts of gas-fired turbine capacity. In short, we are executing connected a disciplined strategy to present accordant and timely semipermanent worth for some customers and shareholders. Now turning to slides 7 and 8.

I volition supply a high-level overview of our archetypal 4th results, strategical outlook, affordability and regulatory advancement earlier handing it implicit to Trevor to locomotion done our financials and beardown maturation trajectory successful much detail. We are pleased to study archetypal 4th 2026 operating net of $1.64 per share, oregon $891 million. These results physique connected our fiscal and operational momentum from 2025 and springiness america assurance successful reaffirming our afloat twelvemonth 2026 operating net guidance scope of $6.15 to $6.45 per share. American Electric Power Company, Inc. continues to acquisition important strategy request concentrated mostly successful our cardinal maturation states of Indiana, Ohio, Oklahoma, and Texas.