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Home » Cold Weather, Low Gas Prices Drive AEP Earnings
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Cold Weather, Low Gas Prices Drive AEP Earnings

CEO Hints at Sale of Merchant Plants

Apr 27, 2015
Company News
By Ted Caddell Record cold weather and falling natural gas prices helped push American Electric Power’s first quarter earnings up 12%. CEO Nicholas Akins said the first quarters of 2015 and 2014 were the “coldest and second-coldest winters, respectively, in our service territory during the past 35 years.” The increased...

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