AEP, NasdaqGS

American Electric Power Company, Inc. (AEP)

Price (as of September 5)

101.09USD

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

Symbol Correlation

BNRG

Brenmiller Energy Ltd

-0.12

WAVE

Eco Wave Power Global AB (publ)

-0.1

PCGU

PG&E Corporation

-0.09

FLNC

Fluence Energy, Inc.

-0.07

AY

Atlantica Sustainable Infrastructure plc

-0.06

AESC

The AES Corporation

-0.05

NEE

NextEra Energy, Inc.

-0.04

FTS

Fortis Inc.

-0.04

NEP

NextEra Energy Partners, LP

-0.04

ALE

ALLETE, Inc.

-0.04

Show more

Highest within Industry

Symbol Correlation

EXC

Exelon Corporation

0.64

IDA

IDACORP, Inc.

0.63

CEG

Constellation Energy Corporation

0.43

HLGN

Heliogen, Inc.

0.08

XEL

Xcel Energy Inc.

0.07

AQN

Algonquin Power & Utilities Corp.

0.06

MNTK

Montauk Renewables, Inc.

0.06

EE

Excelerate Energy, Inc.

0.06

ENIC

Enel Chile S.A.

0.05

CNP

CenterPoint Energy, Inc.

0.05

Show more

Profile

Sector:
Utilities
Industry:
Utilities

American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company generates electricity using coal and lignite, natural gas, nuclear, hydro, solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. American Electric Power Company, Inc. was incorporated in 1906 and is headquartered in Columbus, Ohio.