{ "report_id": "security_aep", "report_type": "security_detail", "site_path": "securities/aep/index.html", "title": "AEP - American Electric Power Operating Console", "ticker": "AEP", "company": "American Electric Power", "as_of": "2026-06-07T04:09:50.649522Z", "generated_at": "2026-06-24T12:00:00-07:00", "summary": "Static report-layer operating console projection of the canonical AEP knowledge lane with a live selected-security chart module, load-conversion proof blocks, capital and recovery ledgers, trigger boards, risk punch cards, diagnostics, filing links, and dated web checks for current IR, SEC, street-view, and forward-equity evidence.", "boundaries": { "canonical_research_storage": "../../../knowledge/wiki/lanes/security/aep.md", "report_role": "Readable projection, routing surface, and chart host only.", "discovery_policy": "Read local report API outputs only; do not mutate discovery from this page.", "chart_rules_policy": "Persisted chart overlays and plan rules remain in assets/chart-level-rules.js.", "portfolio_policy": "No portfolio action, sizing, buy/sell recommendation, or trade instruction is stored in this report." }, "freshness": { "knowledge_lane_reviewed_as_of": "2026-06-07T04:09:50.649522Z", "latest_research_run_id": "security_backlog_100_20260607", "market_data_in_lane_as_of": "2026-05-22", "web_links_checked_as_of": "2026-06-24", "chart_data_as_of": "latest available from /api/securities/AEP/chart", "latest_source_diagnostics": { "has_stale_sources": true, "stale_source_ref_ids": [ "SRC_MARKET_STATS", "SRC_RATIOS" ], "missing_required_source_ids": [ "earnings_transcripts_last_4_full_parse", "rating_agency_reports", "peer_filings_full_comp_set", "full_insider_form4_parse" ], "source_count": 9, "diagnostic_gaps": [ "Last four earnings-call transcripts were not fully parsed; Q1 2026 transcript snippets only corroborated guidance and load-growth framing.", "Rating-agency reports and full debt-document covenant packages were not available in the browsed source set.", "Peer filings and peer valuation data were not deeply parsed, so peer context is directional rather than a full comp table.", "Insider Form 4 details were not fully parsed; insider signal is not interpreted in the visible report.", "Public market-data snapshots from StockAnalysis and ratio sources may lag the 2026-06-07 source as-of timestamp by days to weeks." ] }, "limitations": [ "The dashboard summarizes the filed AEP lane rather than refreshing canonical research.", "Operating evidence remains anchored to the latest paired AEP source projections generated 2026-06-07T04:09:50Z.", "The page supplements the lane with dated web checks from AEP IR, AEP filing pages, company releases, SEC-related routes, the Q1 presentation, and StockAnalysis.", "Live price and market-cap values resolve only when the local report API is running; web market snapshots are dated outside-view context.", "AEP's 63 GW load figure is treated as disclosed contracted load, not guaranteed energized demand.", "Web-derived analyst items are aggregator-sourced and may differ by provider methodology, publication date, and refresh cadence.", "The page does not store chart overlay definitions, page-specific trigger prices, or portfolio instructions." ] }, "source_trail": { "canonical_knowledge_lane": "../../../knowledge/wiki/lanes/security/aep.md", "profile_source_id": "security_profile__aep__security_backlog_100_20260607", "research_source_id": "security_research__aep__security_backlog_100_20260607", "latest_profile_output": "../../../knowledge/raw/sources/security_profile__aep__security_backlog_100_20260607/output.md", "latest_profile_output_json": "../../../knowledge/raw/sources/security_profile__aep__security_backlog_100_20260607/output.json", "latest_profile_manifest": "../../../knowledge/raw/sources/security_profile__aep__security_backlog_100_20260607/source.json", "latest_profile_output_hash": "sha256:47a55d6579ff4e32be4df567199734e471bdb9f3106020fce11962e5fb2557fb", "latest_research_output": "../../../knowledge/raw/sources/security_research__aep__security_backlog_100_20260607/output.md", "latest_research_output_json": "../../../knowledge/raw/sources/security_research__aep__security_backlog_100_20260607/output.json", "latest_research_manifest": "../../../knowledge/raw/sources/security_research__aep__security_backlog_100_20260607/source.json", "latest_research_output_hash": "sha256:d644638d668c41c7f14c361f49786f733af45acc0ab3da5f08126eb3a9b7ac5e", "profile_generated_at_utc": "2026-06-07T04:09:50.649522Z", "profile_as_of_utc": "2026-06-07T04:09:50.649522Z", "profile_exported_at_utc": "2026-06-07T00:00:00Z", "research_generated_at_utc": "2026-06-07T04:09:50Z", "research_as_of_utc": null, "research_exported_at_utc": "2026-06-07T00:00:00Z", "profile_used_reused_inputs": false, "research_used_reused_inputs": false, "run_level_status_caveat": "Run-level status failed after the AEP security pair completed; source materialization used the exporter with --allow-failed-run and explicit AEP child selection.", "upstream_hashes": { "security_research": "d644638d668c41c7f14c361f49786f733af45acc0ab3da5f08126eb3a9b7ac5e", "sector_context_utilities": "73ab5161128249c8a9805ef47a1c9a99440603d24695e9c278775639ef7f76a6" }, "source_claims_projected": [ "CLM_CURRENT_STATE", "CLM_LOAD_GROWTH_OPTION", "CLM_CAPITAL_PLAN_SCALE", "CLM_BALANCE_SHEET_FINANCING", "CLM_REGULATORY_RECOVERY", "CLM_SEGMENT_MIX", "CLM_MARKET_REPRICING", "CLM_GUIDANCE_REAFFIRMED", "CLM_INTEREST_RATE_SENSITIVITY", "CLM_DISCLOSURE_LOAD_DEPENDENCY" ], "source_evidence_ids_projected": [ "EV_Q1_REVENUE_EARNINGS", "EV_Q1_OPERATING_EPS", "EV_Q1_SEGMENT_EARNINGS", "EV_SEGMENT_REVENUE", "EV_RETAIL_MIX", "EV_Q1_CASH_FLOW", "EV_DEBT_CAPITALIZATION", "EV_LIQUIDITY", "EV_COVENANT_HEADROOM", "EV_MATURITY_LADDER", "EV_DEBT_ACTIVITY", "EV_ATM", "EV_CAPITAL_PLAN", "EV_CAPITAL_BY_OPCO", "EV_FINANCING_PLAN", "EV_LOAD_GROWTH", "EV_GUIDANCE", "EV_MARKET_STATS", "EV_VALUATION", "EV_INTEREST_SENSITIVITY", "EV_RATE_RECOVERY_RISK", "EV_COAL_RECOVERY", "EV_2025_FULL_YEAR", "EV_AEPTHCO_ASSETS" ], "profile_object_ids_projected": [ "SCP_001", "SCP_002", "SCP_003", "SCP_004", "SCP_005", "FCST_RATE_BASE", "FCST_EPS", "FCST_FINANCING", "FCST_REGULATORY", "SCN_BASE", "SCN_UPSIDE", "SCN_DOWNSIDE", "SPTRG_001", "SPTRG_002", "SPTRG_003", "SPTRG_004", "SPTRG_005", "SPTRG_006", "SPTRG_007", "SPKU_001", "SPKU_002", "SPKU_003", "SPKU_004", "SPKU_005", "SPRISK_001", "SPRISK_002", "SPRISK_003", "SPRISK_004" ], "research_object_ids_projected": [ "GF_LOAD", "GF_TRANSMISSION", "GF_GENERATION", "GF_FINANCING_DRAG", "CAT_Q2_LOAD_VALIDATION", "CAT_RATE_CASES", "CAT_Q2_EARNINGS", "RISK_REGULATORY_RECOVERY", "RISK_LOAD_DURABILITY", "RISK_FINANCING", "RISK_EXECUTION", "RISK_LEGACY_COAL", "RISK_EXPECTATIONS", "INV_LOAD_CONVERSION", "INV_REGULATORY_DISALLOWANCE", "INV_CREDIT_DILUTION", "INV_EXECUTION_DELAY", "INV_GUIDANCE_CUT", "QF_LOAD_DISCLOSURE", "QF_EQUITY_DILUTION", "QF_NON_GAAP", "QF_RELATED_PARTY_GWAI" ], "local_chart_endpoints": [ "/api/securities/AEP/chart?frequency=daily&window=9m&as_of=latest", "/api/securities/AEP/chart?frequency=weekly&window=5y&as_of=latest" ], "route_registry_route": "../../assets/security-page-routes.js#AEP", "chart_level_registry_route": "../../assets/chart-level-rules.js#AEP", "fallback_chart_route": "../index.html?ticker=AEP", "source_refs_projected": [ "SRC_AEP_SEC_PAGE", "SRC_Q1_10Q", "SRC_2025_10K", "SRC_2024_10K", "SRC_Q1_RELEASE", "SRC_Q1_DECK", "SRC_MARKET_STATS", "SRC_RATIOS", "SRC_PROXY" ] }, "web_source_trail": { "checked_at": "2026-06-24", "items": [ { "provider": "American Electric Power", "label": "Investor relations overview", "url": "https://www.aep.com/investors/", "publication_or_filing_date": null, "checked_at": "2026-06-24", "dated_note": "AEP IR page checked 2026-06-24; page highlighted the five-year $78B capital plan, 63 GW of new load by 2030 backed by signed agreements, 7%-9% long-term growth, and stock information updated June 23, 2026." }, { "provider": "American Electric Power", "label": "Filings and reports", "url": "https://www.aep.com/investors/financial/", "publication_or_filing_date": null, "checked_at": "2026-06-24", "dated_note": "AEP filings page checked 2026-06-24; page listed Q1 2026 earnings materials, 2025 annual report, 2026 proxy, and recent May 2026 SEC filing rows." }, { "provider": "American Electric Power", "label": "SEC filings page", "url": "https://www.aep.com/investors/financial/sec/", "publication_or_filing_date": null, "checked_at": "2026-06-24", "dated_note": "Company-hosted SEC filings stream checked 2026-06-24; used as official routing surface for current filings and recent Form 4/8-K/prospectus rows." }, { "provider": "American Electric Power", "label": "Q1 2026 earnings release", "url": "https://www.aep.com/news/stories/view/11917/", "publication_or_filing_date": "2026-05-05", "checked_at": "2026-06-24", "dated_note": "Release dated 2026-05-05; used for Q1 GAAP EPS, operating EPS, 2026 operating EPS guidance, 63 GW load additions, customer cost offsets, and $78B capital plan." }, { "provider": "American Electric Power", "label": "Q1 2026 earnings presentation", "url": "https://docs.aep.com/docs/newsroom/resources/earnings/2026-05/1Q26EarningsReleasePresentation.pdf", "publication_or_filing_date": "2026-05-05", "checked_at": "2026-06-24", "dated_note": "Presentation dated 2026-05-05; used for ERCOT SB6 criteria, 41 GW AEP Texas contracted additions, $78B capital plan, capital mix, and subsidiary capital contributions." }, { "provider": "American Electric Power", "label": "Q1 2026 Form 10-Q", "url": "https://docs.aep.com/docs/investors/AEP10Q20261Q.pdf", "publication_or_filing_date": "2026-05-05", "filing_period": "2026-03-31", "checked_at": "2026-06-24", "dated_note": "Company-hosted 10-Q for the period ended 2026-03-31; used for official filing route and share-count/registrant context." }, { "provider": "American Electric Power", "label": "FY2025 Form 10-K", "url": "https://docs.aep.com/docs/investors/filings/docs/AEP_10K_2025.pdf", "publication_or_filing_date": "2026-02-20", "filing_period": "2025-12-31", "checked_at": "2026-06-24", "dated_note": "Company-hosted annual report route used as latest annual filing source in the filed lane." }, { "provider": "American Electric Power", "label": "2026 proxy route", "url": "https://docs.aep.com/docs/investors/AnnualReportsProxies/docs/25annrep/2026ProxyAppendixA.pdf", "publication_or_filing_date": "2026", "checked_at": "2026-06-24", "dated_note": "Company-hosted proxy appendix route from the AEP filings page; used for source routing, not for new visible governance claims." }, { "provider": "American Electric Power", "label": "Forward common stock offering launch", "url": "https://www.aep.com/news/stories/view/11936/", "publication_or_filing_date": "2026-05-12", "checked_at": "2026-06-24", "dated_note": "Release dated 2026-05-12; AEP announced a $2.6B registered underwritten common stock offering with forward sale agreements." }, { "provider": "American Electric Power", "label": "Forward common stock offering pricing", "url": "https://www.aep.com/news/stories/view/11937/", "publication_or_filing_date": "2026-05-12", "checked_at": "2026-06-24", "dated_note": "Release dated 2026-05-12; AEP priced 20,472,442 shares at $127.00 through a forward component." }, { "provider": "StockAnalysis", "label": "AEP forecast", "url": "https://stockanalysis.com/stocks/aep/forecast/", "publication_or_filing_date": "Last updated 2026-06-18", "checked_at": "2026-06-24", "dated_note": "Outside-view page showed 24 analysts polled by S&P Global, Buy consensus, $144.10 average target, $129 low, $173 high, and provider last-checked date of 2026-06-18." } ] }, "chart": { "ticker": "AEP", "initializer": "assets/report.js initializeSecurityChartPage reads data-security-ticker=\"AEP\"", "api_required": true, "daily_endpoint": "/api/securities/AEP/chart?frequency=daily&window=9m&as_of=latest", "weekly_endpoint": "/api/securities/AEP/chart?frequency=weekly&window=5y&as_of=latest", "price_source": "Local report API backed by discovery daily_ohlc and derived weekly rows.", "instrument_source": "Local report API backed by discovery instruments.", "chart_level_registry_route": "../../assets/chart-level-rules.js#AEP", "route_registry_route": "../../assets/security-page-routes.js#AEP", "fallback_route": "../index.html?ticker=AEP" }, "page_sections": [ { "id": "selected-security", "title": "Selected-Security Chart", "role": "Live local API chart host and chart-rule attachment point." }, { "id": "current-company-view", "title": "Current Company Proof Window", "role": "Setup, measured base, proof issue, valuation context, and next evidence in the console proof block." }, { "id": "business-profile-exposure", "title": "Business Profile, Segments, And Exposure Map", "role": "Regulated utility model, segment snapshots, load-growth geography, transmission scale, generation exposure, and affordability exposure cards." }, { "id": "relative-value-drivers", "title": "Relative Value And Value Driver Board", "role": "Growth-sensitive utility valuation context, load conversion, recovery quality, capital delivery, financing, and dilution." }, { "id": "guidance-path", "title": "Guidance Path And Tests", "role": "Operating EPS guidance, long-term EPS growth target, load agreement quality, and financing accretion tests." }, { "id": "operating-evidence-kpis", "title": "Operating Evidence And KPIs", "role": "Dashboard metric strips and compact source-routed KPI evidence." }, { "id": "financial-quality-capital-allocation", "title": "Financial Quality And Capital Ledger", "role": "Liquidity, covenant headroom, debt burden, funding gap, debt market activity, ATM, DRIP, forward equity, and growth equity." }, { "id": "competitive-position", "title": "Competitive Position", "role": "Load-growth geography, transmission platform, visible guidance, agreement economics, recovery compact, and per-share conversion." }, { "id": "ownership-flows-valuation-street", "title": "Ownership, Flows, Valuation, And Street View", "role": "AEP IR, filing stream, aggregator consensus, forward equity flow, and dated market snapshot context." }, { "id": "scenario-assessment", "title": "Scenario Assessment And Sensitivities", "role": "Base, upside, and downside paths from the profile projection." }, { "id": "monitoring-triggers", "title": "Monitoring Trigger Stack", "role": "Next data checks for large-load contracts, rate orders, Q2 results, credit and equity, project delivery, and fuel affordability." }, { "id": "risks-invalidations-quality-flags", "title": "Risks, Invalidations, And Quality Punch Cards", "role": "Regulatory recovery, load durability, financing and dilution, execution cost, legacy coal recovery, and valuation expectations." }, { "id": "diagnostics-freshness-unknowns", "title": "Diagnostics, Freshness, And Known Unknowns", "role": "Source freshness, stale-source status, load economics gaps, credit gaps, peer gaps, transcript gaps, and flow gaps." }, { "id": "links-filings", "title": "Links, Filings, And Source Bay", "role": "Human-useful links to canonical lane, raw projections, investor relations, SEC filings, earnings release, presentation, offering releases, street-view route, metadata, and local chart endpoints." } ], "machine_provenance_limitations": [ "Report JSON is a manual report-layer projection, not a canonical research refresh.", "Live chart values depend on the local report API and are not persisted in report.json.", "Chart overlays belong in assets/chart-level-rules.js; report JSON stores only the registry route.", "The latest lane market snapshots are stale by source diagnostics; web market and analyst items are dated outside-view context checked June 24, 2026.", "The security_backlog_100_20260607 run-level status failed after the AEP pair completed; this page restricts source use to the exact AEP child artifacts.", "Transcript coverage, peer normalization, state-by-state docket review, short interest, holder concentration, rating-agency reports, and insider Form 4 context remain unresolved source gaps.", "Street-view items are sourced from public aggregator pages and should be refreshed before being used as current consensus evidence." ], "revision": { "version": 1, "created_at": "2026-06-24T12:00:00-07:00", "updated_at": "2026-06-24T12:00:00-07:00", "updated_label": "Created AEP detailed security page from the canonical security lane.", "metadata_path": "securities/aep/report.json", "curation_source": "Manual report projection from ../../../knowledge/wiki/lanes/security/aep.md plus official AEP IR, company filings, earnings materials, offering releases, and dated StockAnalysis outside-view checks.", "change_note": "Added the AEP operating console with security-article page shape, selected-security chart API hook, standalone trade-plan host, route registry entry, source trail, and web-source trail." } }