Exhibit 99.1
MEDIA CONTACT:
 
ANALYSTS CONTACT:
Melissa McHenry
 
Bette Jo Rozsa
Director, External Communications
 
Managing Director, Investor Relations
614/716-1120
 
614/716-2840

FOR IMMEDIATE RELEASE

AEP REPORTS 2015 FOURTH-QUARTER AND YEAR-END EARNINGS;
STRONG PERFORMANCE DRIVEN BY INVESTMENT IN CORE OPERATIONS

Fourth-quarter 2015 earnings $0.96 per share GAAP and $0.48 per share operating
Year-end 2015 earnings $4.17 per share GAAP and $3.69 per share operating
Company reaffirms 2016 operating earnings guidance range of $3.60 to $3.80 per share
Company increases planned capital investments for 2017 and 2018 to $5 billion annually
 
AMERICAN ELECTRIC POWER
Preliminary, unaudited results
 
 
Fourth-quarter ended Dec. 31
 
Year-to-date ended Dec. 31
 
 
2015
2014
Variance
 
2015
2014
Variance
Revenue ($ in billions):
3.6
3.8
(0.2)
 
16.5
16.4
0.1
Earnings ($ in millions):
 
 
 
 
 
 
 
 
GAAP
469
191
278
 
    2,047
    1,634
413
 
Operating
233
232
1
 
    1,808
    1,675
133
EPS ($):
 
 
 
 
 
 
 
 
GAAP
0.96
0.39
0.57
 
4.17
3.34
0.83
 
Operating
0.48
0.48
0.00
 
3.69
3.43
0.26
EPS based on 491mm shares Q4 2015, 489mm shares Q4 2014, 490mm shares YTD 2015 and 489mm shares YTD 2014.
 

COLUMBUS, Ohio, Jan. 28, 2016 - American Electric Power (NYSE: AEP) today reported fourth-quarter 2015 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $469 million or $0.96 per share, compared with $191 million or $0.39 per share in fourth-quarter 2014. Operating earnings (GAAP earnings excluding special items) for fourth-quarter 2015 were $233 million or $0.48 per share, compared with fourth-quarter 2014 operating earnings of $232 million or $0.48 per share.
Year-end 2015 GAAP earnings were $2.047 billion or $4.17 per share, compared with $1.634 billion or $3.34 per share in 2014. Year-end 2015 operating earnings were $1.808 billion or $3.69 per share, compared with $1.675 billion or $3.43 per share in 2014.

1

The following information was filed by American Electric Power Co Inc (AEP) on Thursday, January 28, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate American Electric Power Co Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by American Electric Power Co Inc.

Continue

Never Miss A New SEC Filing Again


Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report
Last10K.com Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.

Continue

We Highlighted This SEC Filing For You


SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report
Last10K.com Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.

Continue

Widen Your SEC Filing Reading Experience


Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report
Last10K.com Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view

Continue

Uncover Actionable Information Inside SEC Filings


SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report
Last10K.com Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q

Continue

Adobe PDF, Microsoft Word and Excel Downloads


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats
Last10K.com Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis

Continue

FREE Financial Statements


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report
Last10K.com Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Intrinsic Value Calculator


Intrinsic Value Calculator
Screenshot of intrinsic value for AT&T (2019)
Last10K.com Member Feature

Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not

Continue

Financial Stability Report


Financial Stability Report
Screenshot of financial stability report for Coco-Cola (2019)
Last10K.com Member Feature

Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity

Continue

Get a Better Picture of a Company's Performance


Financial Ratios
Available Financial Ratios
Last10K.com Member Feature

See how over 70 Growth, Profitability and Financial Ratios perform over 10 Years

Continue

Log in with your credentials

or    

Forgot your details?

Create Account