With a market cap of $57.5 billion, American Electric Power Company, Inc. (AEP) is one of the largest integrated utility companies in the United States. Serving over 5.6 million customers across 11 states, AEP generates, transmits, and distributes electricity through a diverse energy portfolio that includes coal, natural gas, nuclear, renewables, hydro, solar, and wind.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and American Electric Power fits this criterion perfectly. The company operates extensive transmission and distribution infrastructure while also engaging in energy trading and marketing.
