10-QPeriod: Q2 FY2010

AMERICAN ELECTRIC POWER CO INC Quarterly Report for Q2 Ended Jun 30, 2010

Filed July 30, 2010For Securities:AEP

Summary

This 10-Q filing for American Electric Power Co., Inc. (AEP) covers the quarterly period ending June 29, 2010. While the filing provides detailed financial statements and discussions for the parent company and its various subsidiaries, specific operational and financial performance metrics for the quarter are not explicitly detailed in the provided excerpt. Investors should focus on the "Management's Financial Discussion and Analysis" sections for each entity within the filing to understand revenue, expenses, profitability, and cash flow trends. Key areas of interest for investors would typically include changes in operating revenues, fuel and purchased power costs, other operating expenses, net income, earnings per share, and capital expenditures. The filing also contains information on legal proceedings, risk factors, and controls and procedures, which are important for assessing the company's overall business environment and potential risks. Investors should consult the full report for detailed financial data and forward-looking statements.

Financial Highlights

47 data points
Beta

Revenue

$3.36B

Net Income

$136.00M

4.0% Net Margin

EPS (Diluted)

$0.28

Total Assets

$49.94B

Cash & Equivalents

$838.00M

Free Cash Flow

$568.00M

Financial Statements
Beta
Revenue$3.36B
Operating Expenses$2.97B
Operating Income$394.00M
Interest Expense$249.00M
Net Income$136.00M
EPS (Basic)$0.28
EPS (Diluted)$0.28
Shares Outstanding (Basic)479.05M
Shares Outstanding (Diluted)479.18M

Key Highlights

  • 1The filing details the financial position and results of operations for American Electric Power Co., Inc. and its numerous subsidiaries for the quarter ended June 29, 2010.
  • 2Includes comprehensive financial statements and "Management's Financial Discussion and Analysis" (MD&A) for the parent company and key operating subsidiaries such as Appalachian Power Company, Indiana Michigan Power Company, and Public Service Company of Oklahoma.
  • 3The report contains "Quantitative and Qualitative Disclosures About Risk Management Activities," which can provide insights into how AEP manages financial risks.
  • 4Investors can find information regarding legal proceedings and specific risk factors that could impact the company's future performance.
  • 5The filing also covers "Controls and Procedures," essential for understanding the reliability of the reported financial information.
  • 6Details on unregistered sales of equity securities and the use of proceeds are included, which can be relevant for shareholding investors.

Frequently Asked Questions

Investors should focus on the "Management's Financial Discussion and Analysis" sections for the parent company and its subsidiaries. Key indicators to examine include changes in operating revenues, trends in operating expenses (especially fuel and purchased power costs), net income, earnings per share (EPS), and capital expenditure plans. Understanding these metrics will provide insight into the company's profitability and investment strategies for the quarter.

Yes, the filing includes sections for "Risk Factors" and "Legal Proceedings." Investors should review these sections to understand any potential challenges or ongoing legal matters that could materially affect AEP's financial performance or business operations.

The report contains a section titled "Quantitative and Qualitative Disclosures About Risk Management Activities." This section will detail how AEP manages various financial risks, such as interest rate, commodity price, and liquidity risks, which are crucial for assessing the company's financial stability.

While specific details are not in the provided excerpt, capital expenditure plans are typically discussed within the "Management's Financial Discussion and Analysis" sections. Investors should refer to these parts of the full 10-Q filing to understand the company's investments in infrastructure, new projects, and maintenance.