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American Electric Power missed earnings expectations but raised its full-year guidance range up to $6.55 per share while accelerating load growth with an additional six gigawatts contracted in Texas. Backed by a 2.96% dividend yield and a Seeking Alpha Quant buy rating, AEP has secured its massive $78 billion five-year capital plan through a recent $3 billion equity sale. Management is targeting an impressive operating earnings growth rate of over 9% through 2030, even as potential ERCOT transmission delays linger in the background.
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