HomeOctober 28, 2019
AEP Reports Gross Margin Change, Revenues From Retail, Trading & Marketing Segment
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AEP in a 10-Q filed last week provided details concerning the change in gross margin, and revenues, for its Retail, Trading & Marketing segment, within its Generation & Marketing segment, for the third quarter
Retail, Trading and Marketing saw a $12.9 million increase in gross margin for the quarter ending September 30, 2019, versus the year-ago quarter, due to higher trading and marketing activity in 2019.
AEP also reported that Marketing, Competitive Retail and Renewable Revenues within the Generation & Marketing segment were $415.4 million for the quarter ending September 30, 2019, versus $399.1 million a year ago
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