HomeMay 6, 2020
AEP Energy Reports Higher Competitive Retail Energy Margins
Copyright 2020 EnergyChoiceMatters.com.
The following story is brought free of charge to readers by EC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com
AEP, in reporting earnings for the first quarter of 2020, said that its competitive retail segment (AEP Energy) saw higher retail margins versus the year-ago quarter
Overall, the Retail, Trading and Marketing segment increased gross margin by $3.9 million, versus the year-ago period, due to, "higher retail margins partially offset by lower trading and marketing activity," AEP said
In terms of operating earnings, Retail specifically contributed an improvement of $0.02 per share (about $10 million) versus the year-ago period.
You can follow specific tags with a free account and see their newest stories in one place. Sign up or sign in.
Copyright 2020 EnergyChoiceMatters.com. Unauthorized copying, retransmission, or republication prohibited. You are not permitted to copy any work or text of EnergyChoiceMatters.com without the separate and express written consent of EnergyChoiceMatters.com.
