Toby Thomas - American Electric President and COO - Indiana Michigan Power

AEP Stock  USD 98.10  0.51  0.52%   

President

Toby Thomas is President and COO - Indiana Michigan Power of American Electric Power since 2021.
Tenure 3 years
Address 1 Riverside Plaza, Columbus, OH, United States, 43215-2373
Phone614 716 1000
Webhttps://www.aep.com

American Electric Management Efficiency

The company has Return on Asset of 0.0261 % which means that on every $100 spent on assets, it made $0.0261 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1018 %, implying that it generated $0.1018 on every 100 dollars invested. American Electric's management efficiency ratios could be used to measure how well American Electric manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/26/2024, Return On Capital Employed is likely to grow to 0.07, while Return On Tangible Assets are likely to drop 0.02. As of 11/26/2024, Change To Liabilities is likely to grow to about 932.4 M, while Total Current Liabilities is likely to drop slightly above 8.6 B.
American Electric Power has 43.61 B in debt with debt to equity (D/E) ratio of 1.57, which is OK given its current industry classification. American Electric Power has a current ratio of 0.77, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for American to invest in growth at high rates of return.

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American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. American Electric Power Company, Inc. was incorporated in 1906 and is headquartered in Columbus, Ohio. American Electric operates under UtilitiesRegulated Electric classification in the United States and is traded on NASDAQ Exchange. It employs 16688 people. American Electric Power (AEP) is traded on NASDAQ Exchange in USA. It is located in 1 Riverside Plaza, Columbus, OH, United States, 43215-2373 and employs 17,250 people. American Electric is listed under Electric Utilities category by Fama And French industry classification.

Management Performance

American Electric Power Leadership Team

Elected by the shareholders, the American Electric's board of directors comprises two types of representatives: American Electric inside directors who are chosen from within the company, and outside directors, selected externally and held independent of American. The board's role is to monitor American Electric's management team and ensure that shareholders' interests are well served. American Electric's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, American Electric's outside directors are responsible for providing unbiased perspectives on the board's policies.
Charles Patton, Executive Vice President - External Affairs for AEP
David Anderson, Independent Director
David Feinberg, Executive Vice President, General Counsel, Secretary
Melissa McHenry, VP Marketing
Gina MazzeiSmith, Chief Compliance Officer
Joseph Buonaiuto, Controller VP
Darcy Reese, Vice Relations
Judith Talavera, President Texas
Nicholas Akins, Chairman, CEO and President Chairman of Executive Committee and Member of Policy Committee
Daryl Roberts, Independent Director
Phillip Ulrich, Executive Officer
Antonio Smyth, Executive Affairs
Lana Hillebrand, Executive Vice President, Chief Administrative Officer
Stephan Haynes, Senior Vice President - Strategic Initiatives, Chief Risk Officer
Linda Goodspeed, Independent Director
Stephen Swick, Vice President Chief Security Officer
Sara Tucker, Independent Director
Ann Kelly, Ex CFO
Quinton Lies, Senior Plant
David JD, General VP
Richard Notebaert, Independent Director
Lisa Barton, Chief Operating Officer, Executive Vice President
Toby Thomas, President and COO - Indiana Michigan Power
Ralph Crosby, Independent Director
Julia Sloat, Chief Financial Officer, Executive Vice President
Chris Brathwaite, VP Officer
Art Garcia, Independent Director
Therace Risch, Senior Vice President, Chief Technology Officer,
Stephen Rasmussen, Independent Director
Charles Zebula, Executive Vice President - Energy Supply
Raja Sundararajan, Senior Vice President - Regulatory and Customer Solutions
Paul Chodak, Executive Vice President - Generation
Brian Tierney, Chief Financial Officer, Executive Vice President
Christian Beam, Executive Services
Oliver Richard, Independent Director
Stuart Solomon, Senior Services
Janelle Coleman, Vice President - Community Engagement, Diversity and Inclusion
Amanda Conner, Vice President - FERC and RTO Strategy & Policy
Benjamin III, Interim President
Steve Rasmussen, Independent Director
Thomas Hoaglin, Lead Independent Director
Kate Sturgess, Controller, VP
Sandra Lin, Independent Director
J Beasley, Independent Director
William Fehrman, CEO President
Mark McCullough, Executive Vice President - Generation of AEPSC
Margaret McCarthy, Independent Director
Peggy Simmons, Executive Utilities

American Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is American Electric a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with American Electric

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Electric position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Electric will appreciate offsetting losses from the drop in the long position's value.

Moving together with American Stock

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Moving against American Stock

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The ability to find closely correlated positions to American Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Electric when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Electric - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Electric Power to buy it.
The correlation of American Electric is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Electric Power moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Electric can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for American Stock Analysis

When running American Electric's price analysis, check to measure American Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Electric is operating at the current time. Most of American Electric's value examination focuses on studying past and present price action to predict the probability of American Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Electric's price. Additionally, you may evaluate how the addition of American Electric to your portfolios can decrease your overall portfolio volatility.