10-QPeriod: Q2 FY2007

AMERICAN ELECTRIC POWER CO INC Quarterly Report for Q2 Ended Jun 30, 2007

Filed August 3, 2007For Securities:AEP

Summary

American Electric Power Company, Inc. (AEP) filed its quarterly report for the period ending June 30, 2007. The filing provides financial statements and management's discussion and analysis for the consolidated entity and its key subsidiaries. Investors should note that several subsidiaries are filing with reduced disclosures. The report details the financial performance and risks faced by the company during the second quarter of 2007. Key areas of focus for investors include the company's operational results, financial position, and any material legal proceedings or risk factors. The filing indicates that AEP is a large accelerated filer, suggesting a significant market presence and robust reporting history. The information presented will allow investors to assess the company's ability to generate revenue, manage expenses, and maintain financial stability in the prevailing economic environment.

Key Highlights

  • 1AEP is a large accelerated filer, indicating a significant and established public company.
  • 2The report covers consolidated financial statements for AEP and its subsidiary companies, including Appalachian Power Company, Columbus Southern Power Company, Indiana Michigan Power Company, Ohio Power Company, Public Service Company of Oklahoma, and Southwestern Electric Power Company.
  • 3Several subsidiaries (Columbus Southern Power Company, Indiana Michigan Power Company, and Public Service Company of Oklahoma) are utilizing a reduced disclosure format as permitted by SEC rules.
  • 4The filing includes Management's Financial Discussion and Analysis (MD&A) for the consolidated entity and each major subsidiary, providing insights into operational results and financial conditions.
  • 5Quantitative and Qualitative Disclosures About Risk Management Activities are presented, offering investors information on how AEP manages financial risks.
  • 6The report lists outstanding shares of common stock for AEP and its subsidiaries as of July 31, 2007.
  • 7Various exhibits, including financial statements, control reports, and legal proceedings, are included in the filing.

Frequently Asked Questions

This 10-Q filing provides a quarterly update on American Electric Power Company, Inc.'s (AEP) financial performance and condition for the period ending June 30, 2007. It includes unaudited financial statements, management's discussion and analysis of results of operations and risk management, and other relevant disclosures for investors.

No, the filing notes that Columbus Southern Power Company, Indiana Michigan Power Company, and Public Service Company of Oklahoma are using a reduced disclosure format. Investors should be aware of this when reviewing the financial details for these specific subsidiaries.

Investors should focus on the 'Management's Financial Discussion and Analysis' section within the report. Key metrics to examine would include revenue trends, operating income, net income, earnings per share, cash flow from operations, and any significant changes in the company's balance sheet, such as debt levels or capital expenditures.

The report includes sections for 'Legal Proceedings' (Item 1) and 'Risk Factors' (Item 1A) in Part II. Investors should review these sections for any ongoing litigation, regulatory challenges, or other potential risks that could materially impact AEP's financial performance or future operations.