Investment And Growth StrategyThe company's growth outlook is driven by an investment program focused on supply decarbonization and transmission, supporting a premium valuation over time.
Regulatory And Operational EfficiencyThere is a favorable risk/reward outlook with potential for multiple expansion and earnings per share upside through improved regulatory outcomes, better-than-expected load growth, and cost/operational efficiency.
Valuation And InvestmentAEP shares are trading at a 7-8% discount to peers using revised estimates, implying potential for value gain.