Home Credit Ratings and Research Fitch Research AEP Texas Inc.

AEP Texas Inc. (Subsidiary of American Electric Power Company, Inc.)

Published May 07, 2019

14 pages (6220 words) — Published May 07, 2019

Price US$ 550.00 | Buy this Report Now

About This Report

Brief Excerpt:

...AEP Texas Inc.'s (AEPTX) ratings reflect the company's low-risk business profile as an electricity transmission and distribution (T&D) company serving retail electricity consumers in Texas. Fitch Ratings views the regulatory construct as favorable for T&D companies operating in the Electric Reliability Council of Texas (ERCOT). AEPTX's positive rating drivers are partially offset by a large capex program in response to service territory growth. AEPTX relies on parent company, American Electric Power Company, Inc. (AEP; BBB+/Stable), for equity contributions and access to short-term liquidity....

Report Type:

Full Rating Report

Company(ies)

AEP Texas Inc.

Issuer

AEP Texas Inc.

Format:

PDF

Fitch Affirms American Electric Power and Subsidiaries – 2018/09/07 – US$ 149.00

Fitch Affirms American Electric Power and Select Subsidiaries; Upgrades Other Subsidiaries – 2019/07/02 – US$ 149.00

AEP Texas Inc. - Ratings Navigator – 2017/07/18 – US$ 500.00

AEP Texas Inc. (Subsidiary of American Electric Power Company, Inc.) – 2018/03/29 – US$ 550.00

American Electric Power Company - Ratings Navigator – 2019/01/07 – US$ 500.00

AEP Texas Inc. - Ratings Navigator – 2019/01/07 – US$ 500.00

Fitch Affirms American Electric Power and Subsidiaries Ratings; Outlook Stable – 2020-07-01 – US$ 149.00

Fitch Ratings: Texas Utilities Face Regulatory Challenges – 2020-11-03 – US$ 149.00

Fitch Affirms AEP at 'BBB+'; Outlook Revised to Negative – 2021-04-08 – US$ 149.00

Texas Utilities Face Regulatory Challenges (Utility Regulatory Review) – 2020-11-03 – US$ 999.00

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MLA:	Fitch Research. "AEP Texas Inc. (Subsidiary of American Electric Power Company, Inc.)" May 07, 2019. Alacra Store. May 12, 2025. <http://www.alacrastore.com/fitch-credit-research/AEP-Texas-Inc-Subsidiary-of-American-Electric-Power-Company-Inc-950234_report_frame>

APA:	Fitch Research. (). AEP Texas Inc. (Subsidiary of American Electric Power Company, Inc.) May 07, 2019. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/fitch-credit-research/AEP-Texas-Inc-Subsidiary-of-American-Electric-Power-Company-Inc-950234_report_frame>

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