American Electric Power Company is a public utility holding company. The public utility subsidiaries of Co. provide electric service, consisting of generation, transmission and distribution, on an integrated basis to their retail customers. The service areas of Co.'s public utility subsidiaries cover portions of the states of Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia. Transmission networks are interconnected with distribution facilities in the territories served. Co.'s service company subsidiary provides accounting, administrative, information systems, engineering, financial, legal, maintenance and other services. We show 56 historical shares outstanding datapoints in our AEP shares outstanding history coverage, used to compute AEP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AEP market cap history over the course of time is important for investors
interested in comparing AEP's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of AEP versus a peer is one thing; comparing
AEP market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like AEP can fluctuate over the course of history.
With this page we aim to empower investors researching AEP by allowing them to research the AEP market cap history. |
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Video: The Importance of Market Cap
