- Regulated Electric
- Utilities
-
1.52
EPS
-
27.85
P/E
-
24.4B
MARKET CAP
-
3.95%
DIV YIELD
Company Overview
76 SOUTH MAIN ST,AKRON OH 44308-1890,330-761-7837
CEO
Mr. Brian X. Tierney
Employess
12042
Sector
Utilities
Industry
Regulated Electric
Website
https://www.firstenergycorp.com
FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. It operates through Regulated Distribution and Regulated Transmission segments. The company owns and operates coal-fired, nuclear, hydroelectric, natural gas, wind, and solar power generating facilities. It operates 24,074 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 273,295 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits. The company serves approximately 6 million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was incorporated in 1996 and is headquartered in Akron, Ohio.
Next Earnings Date
Oct. 24, 2024
Ex Dividends date
Sep. 01, 2024
Dividend Date
Aug. 7, 2024
YTD Performance
13.10%
Fiscal Year End
12-31
IPO Date
1997-11-10
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | -1.47% | 2.71% | 6.05% | 3.30% |
EPS | 7.40% | -6.87% | 1.25% | 170.42% |
Equity | -1.94% | 8.90% | 12.98% | 2.67% |
Cash | -4.54% | -17.89% | -57.09% | -14.38% |
Return On Capital (ROIC) | 2.45% | 5.56% | 4.82% | 5.24% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 2,020 | 451 | 1,610 | 2,350 | 1,380 |
Long Term Debt | 22,900 | 21,200 | 22,200 | 22,100 | 19,600 |
LT Finance Leases | 190 | 6 | 13 | 14 | 286 |
Shares Outstanding | 573 | 571 | 545 | 542 | 535 |
Market Cap | 21,000 | 23,900 | 22,700 | 16,600 | 26,000 |
Price
News
FirstEnergy Resolves Proceedings with Office of the Ohio Attorney General and Office of the Summit County Prosecutor
1 monthAKRON, Ohio , Aug. 13, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that it has reached an agreement, effective Aug. 12, 2024, with the Office of the Ohio Attorney General and the Office of the Summit County Prosecutor to resolve all outstanding proceedings between the parties. "We are pleased to have reached a resolution with the Ohio Attorney General's Office and the Office of the Summit County Prosecutor, which recognizes the substantial actions FirstEnergy has taken to establish a highly effective compliance program and instill a culture of ethics and integrity at every level of the organization," said Brian X.
prnewswire.comFirstEnergy Releases Community-Specific Estimated Restoration Times; Power Now Restored to Nearly 90% of Illuminating Company Customers Impacted by Historic Storm
1 monthAKRON, Ohio , Aug. 11, 2024 /PRNewswire/ -- Thanks to around-the-clock hard work by more than 7,500 storm responders, FirstEnergy announced that nearly all customers will have power restored much sooner than the original global estimate of Wednesday, Aug. 14. To date, power has been restored to nearly 90% of Illuminating Company customers, with less than 35,000 remaining without service.
prnewswire.comCrews Make Progress Restoring Power to Customers Following Historic Storms
1 monthAKRON, Ohio , Aug. 10, 2024 /PRNewswire/ -- Thousands of workers from FirstEnergy (NYSE: FE), along with outside support from 17 states, continue working around the clock restoring power to customers across Greater Cleveland following historic storms on Aug. 6. Each day, service is being restored to large numbers of customers.
prnewswire.comState Fair of West Virginia Visitors Can Learn Important Electrical Safety Tips at Live Demo
1 monthMon Power will hold demonstrations on how to stay safe around electrical equipment FAIRMONT, W.Va. , Aug. 9, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) electric company Mon Power is bringing its live wire electrical safety trailer to the upcoming State Fair of West Virginia in Lewisburg, where it will use the trailer's 7,200-kilovolt power lines to offer highly visual demonstrations on the power of electricity, how to recognize dangerous conditions and, most important, how to stay safe around power lines and electrical equipment.
prnewswire.comFE vs. NEE: Which Stock Is the Better Value Option?
1 monthInvestors looking for stocks in the Utility - Electric Power sector might want to consider either FirstEnergy (FE) or NextEra Energy (NEE). But which of these two stocks offers value investors a better bang for their buck right now?
zacks.comMore Than 6,000 Workers Engaged in Restoring Power Around the Clock for Northeast Ohio Customers
1 monthFree water and ice available for customers who remain without power AKRON, Ohio , Aug. 9, 2024 /PRNewswire/ -- Power is actively being restored around the clock to the approximately 194,500 FirstEnergy Corp. (NYSE:FE) customers in Northeast Ohio who remain without service following the severe thunderstorms, wind and tornados that swept through the area on Tuesday. While restoration efforts are expected to continue into next week, many customers will have power restored well before that time.
prnewswire.comPreparations Underway for Remnants of Tropical Storm Debby in FirstEnergy's Maryland, New Jersey, Pennsylvania and West Virginia Service Territories
1 monthAKRON, Ohio , Aug. 8, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) electric company personnel are prepared to respond to potential service interruptions caused by the remnants of Tropical Storm Debby, which is forecast to bring heavy rains and gusty winds to Maryland, New Jersey, Pennsylvania and West Virginia beginning on Friday. A video playlist of utility personnel discussing the impact of wind storms on equipment and restoration efforts is available on YouTube.
prnewswire.comThousands of Personnel Engaged in FirstEnergy's Power Restoration Effort in Northeast Ohio
1 monthCrews continue working 24/7 to restore service to 265,000 customers following historic storm AKRON, Ohio , Aug. 8, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has restored power to more than 215,000 customers of Ohio Edison and The Illuminating Company following a historic weather event Tuesday that included two tornados with winds up to 110 mph in Cuyahoga County, one of which traveled a path 17 miles long and 350 yards wide through the heavily populated area from Brookpark to Bedford. This was the most impactful storm to hit The Illuminating Company service territory since July 1993, when a powerful line of thunderstorms caused power outages to approximately 300,000 of the company's customers.
prnewswire.com3 Low-Beta Utility Stocks to Buy Amid Ongoing Market Volatility
1 monthUtility stocks like American Electric Power Company, Inc. (AEP), FirstEnergy Corp. (FE) and Ameren Corporation (AEE) are a safe bet during times of market volatility.
zacks.comFirstEnergy Corp. (FE) Q2 2024 Earnings Call Transcript
2 monthsFirstEnergy Corp. (NYSE:FE ) Q2 2024 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Irene Prezelj - Vice President, Investor Relations & Communications Brian Tierney - President & Chief Executive Officer Jon Taylor - Senior Vice President & Chief Financial Officer Conference Call Participants Shar Pourreza - Guggenheim Partners Steve Fleishman - Wolfe Research Jeremy Tonet - JPMorgan Chase Nick Campanella - Barclays Carly Davenport - Goldman Sachs Michael Lonegan - Evercore ISI Paul Patterson - Glenrock Associates Andrew Weisel - Scotiabank Gregg Orrill - UBS Anthony Crowdell - Mizuho Securities Operator Hello, and welcome to the FirstEnergy Corp. Second Quarter 2024 Earnings Conference Call. As a reminder, this conference is being recorded.
seekingalpha.comFirstEnergy (FE) Q2 Earnings On Par, Revenues Lag Estimates
2 monthsFirstEnergy's (FE) second-quarter earnings are on par with estimates. The company continues to make strategic investments to further strengthen and expand its transmission and distribution operation.
zacks.comFirstEnergy (FE) Q2 Earnings Meet Estimates
2 monthsFirstEnergy (FE) came out with quarterly earnings of $0.56 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.47 per share a year ago.
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