Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  American Electric Power    AEP

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

American Electric Power : Otterbein University Receives Generous Gift from AEP

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/06/2017 | 03:28pm CEST

WESTERVILLE, Ohio, June 5 -- Otterbein University issued the following news release:

Otterbein University recently received a generous $500,000 gift from American Electric Power (AEP) Foundation to advance completion of The Point at Otterbein University. The gift adds to the success of the "Where We Stand Matters" comprehensive campaign currently underway at Otterbein.

"We appreciate the AEP Foundation's leaders for embracing Otterbein's vision of supporting The Point and how we will redefine higher education in the future," said Otterbein President Kathy Krendl. "Their financial support will help further develop the building to impact hundreds of students, faculty and our community at large through hands-on experiences, internships and job placements in Central Ohio."

The grant awarded to Otterbein this week, will support The Point - Otterbein's new platform for opportunity, sustainability, innovation and lifelong learning - that includes a maker space and lab space for STEAM (Science, Technology Engineering, Arts and Math) learning. Specific equipment will support an advanced manufacturing lab; electrical lab; art and design studio; maker space and an automation lab. In addition to students, companies in the business accelerator suite will use the equipment to create prototypes and innovative products. In recognition of the support, Otterbein will name the business accelerator suite for AEP Foundation.

Students, educators, business, industry and community partners work together at The Point, which is currently home to five resident companies. This collaborative model provides unique opportunities for a variety of businesses, as well as students. At The Point, students can share ideas with fellow students, faculty and working professionals. They collaborate with successful entrepreneurs and businesses through on-site internship and experiential learning opportunities that could lead to employment in the community. In fall 2017, a makerspace will open to the community.

"We are impressed with the hands-on opportunities offered at The Point alongside the integration of the liberal arts and the one-to-one teaching by faculty and area business experts," said Chairman, President and CEO, Nicholas K. Akins, who also serves as the chairman of the AEP Foundation. "Otterbein is advancing the future of our leaders and learners and we're pleased to support their integrated and hands-on efforts. We expect these new labs will offer the space to learn, test, fail and thrive."

The AEP Foundation complements a tradition of corporate philanthropy exhibited by AEP and its regional utilities in support of AEP's community relations goal: "To support and play an active, positive role in the communities where we live and work." The AEP Foundation was created in 2005 to support that goal with organizations in the communities served by AEP's regional utilities or where AEP has major facilities.

American Electric Power is one of the largest electric utilities in the United States, delivering electricity and custom energy solutions to nearly 5.4 million customers in 11 states. AEP owns the nation's largest electricity transmission system, a more than 40,000-mile network that includes more 765-kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined. AEP also operates 224,000 miles of distribution lines. AEP ranks among the nation's largest generators of electricity, owning approximately 26,000 megawatts of generating capacity in the U.S. AEP supplies 3,200 megawatts of renewable energy to customers. AEP's utility units operate as AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana and east Texas). AEP's headquarters are in Columbus, Ohio.

Targeted News Service, source News Service

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AMERICAN ELECTRIC POWER
10/19 AMERICAN ELECTRIC POWER : AEP Ohio Requests Proposals for Solar Energy Resources
10/19 AMERICAN ELECTRIC POWER : Lawrence County Receives Nearly $20,000 From Kentucky ..
10/12 AMERICAN ELECTRIC POWER : AEP Ohio to Hold Community Open House to Discuss Plann..
10/11 AMERICAN ELECTRIC POWER : AEP Ohio Schedules Open House to Discuss an Electric T..
10/10 AMERICAN ELECTRIC POWER : AEP Ohio Employees Wear Pink Hard Hats in Support Of B..
10/05 AMERICAN ELECTRIC POWER : Partnerships Deliver the Energy Future
10/03 AMERICAN ELECTRIC POWER : AEP Expands Quality Sites Portfolio for Business Devel..
10/03 AMERICAN ELECTRIC POWER : Kentucky Power Awards $150,000 AEP Foundation Grant to..
09/27 AMERICAN ELECTRIC POWER : AEP Generation Resources Seeks Bids For Limestone
09/22 AMERICAN ELECTRIC POWER : Cardinal Operating Company to Hold Gypsum Auction Oct...
More news
News from SeekingAlpha
10/18 DIVIDEND CHALLENGERS (AND NEAR-CHALL : 83 Increases Expected By The End Of Decem..
10/12 Wells Fargo Utilities And High Income Fund - Good Start, But Not Enough
10/11 Power companies say they'll stick with plans despite EPA emissions rollback
10/09 Coca-Cola Should Buy Monster Beverage - Cramer's Lightning Round (10/6/17)
10/06 Want Income And Growth? Buy Ford
Financials ($)
Sales 2017 15 473 M
EBIT 2017 3 291 M
Net income 2017 1 816 M
Debt 2017 21 422 M
Yield 2017 3,22%
P/E ratio 2017 19,96
P/E ratio 2018 19,04
EV / Sales 2017 3,73x
EV / Sales 2018 3,77x
Capitalization 36 313 M
Chart AMERICAN ELECTRIC POWER
Duration : Period :
American Electric Power Technical Analysis Chart | AEP | US0255371017 | 4-Traders
Technical analysis trends AMERICAN ELECTRIC POWER
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Average target price 73,2 $
Spread / Average Target -0,85%
EPS Revisions
Managers
NameTitle
Nicholas K. Akins Chairman, President & Chief Executive Officer
Brian X. Tierney Chief Financial Officer & Executive Vice President
Alberto G. Ruocco Chief Information Officer & Vice President
Lionel L. Nowell Independent Director
Linda A. Goodspeed Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
AMERICAN ELECTRIC POWER17.26%35 909
DUKE ENERGY CORP12.14%60 924
SOUTHERN CO5.71%51 243
DOMINION ENERGY INC2.99%50 687
IBERDROLA6.93%49 678
EXELON CORPORATION11.64%38 039