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Gain on sale of Yards Creek

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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FirstEnergy

FirstEnergy Corp. engages in the generation, transmission, and distribution of electricity as well as energy management and other energy-related services through its subsidiaries. It operates through the following business segments: Regulated Distribution, Regulated Transmission, and Corporate. The Regulated Distribution segment distributes electricity through FirstEnergy's utility operating companies, serving various customers. The Regulated Transmission segment transmits electricity through transmission facilities owned and operated by FirstEnergy's utilities. The Corporate segment reflects corporate support not charged to FE's subsidiaries, interest expense on FE’s holding company debt and other businesses that do not constitute an operating segment. The company was founded in 1996 and is headquartered in Akron, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q1 2023

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FirstEnergy reports robust Q4 earnings, eyes growth through 2025

FirstEnergy's Q4 2022 performance reflects financial strength and operational resilience, underpinned by debt reduction and earnings growth.
Strategic initiatives in regulatory matters and capital optimization position the company for sustained growth and efficiency improvements.
While facing challenges in CEO succession and earnings diversification, FirstEnergy's proactive stance on future opportunities bodes well for long-term success.

FirstEnergy meets Q1 earnings, pursues growth through acquisitions and investments

FirstEnergy's Q1 performance met expectations, with a focus on financial strength, operational enhancements, and culture transformation. The company is proactive in its approach to capital investments, regulatory compliance, and climate goals. Challenges lie in declining earnings from certain sources and mitigating weather-related impacts.

FirstEnergy maintains earnings guidance amidst regulatory challenges and growth opportunities

FirstEnergy's Q2 performance was impacted by mild weather conditions, but the company remains focused on financial guidance, dividend declaration, and stakeholder engagement. Regulatory challenges and ongoing investigations pose risks, while opportunities lie in operational efficiency improvements and strategic growth initiatives.

FirstEnergy reports improved Q3 earnings, plans $12B investments

FirstEnergy's Q3 performance showed earnings improvement and cost control efforts. The company is strategically positioned for growth with significant capital investments planned. Challenges include weather impacts and setbacks in performance metrics, while opportunities lie in improving financial metrics and growth potential in Ohio.

FirstEnergy excels in Q4 earnings, faces challenges in regulatory landscape

FirstEnergy delivered strong financial performance, exceeding earnings guidance and showcasing successful initiatives.
The company's focus on transparency, balance sheet strength, and dividend growth sets it apart in the industry.
Challenges include managing state-regulated returns, pension volatility, and potential power price increases.
Opportunities lie in improving ROE, leveraging load growth, and executing strategic initiatives for growth.

FirstEnergy reports strong Q1 earnings, upgrades to investment grade

FirstEnergy's Q1 performance was strong, with earnings exceeding expectations and positive regulatory developments.
The company's strategic initiatives and investment plans position it well for growth in clean energy and grid modernization.
Challenges include regulatory uncertainties and ongoing investigations, but efforts are underway to address them.
Opportunities in transmission growth, grid technologies, and customer service enhancements offer avenues for future expansion.

FirstEnergy reports Q2 earnings mix, focuses on stability and growth

FirstEnergy's Q2 performance showed mixed results with GAAP earnings decline but improved operating earnings, driven by positive factors like rate adjustments and customer demand.
The company demonstrated strength in balance sheet improvements, regulatory engagements, and resolving legacy issues, enhancing financial stability and investor confidence.
While facing challenges in regulatory settlements, power prices, and operational efficiency, FirstEnergy is poised to leverage opportunities in revenue growth, strategic investments, and operational enhancements.

FirstEnergy reports mixed Q3 earnings, focuses on growth initiatives

FirstEnergy's Q3 2024 performance reflected a mix of positive earnings drivers and challenges, with a focus on capital investments and regulatory updates shaping the company's future trajectory. The company's strategic initiatives, including participation in transmission expansion plans and a substantial CapEx plan, position it for sustainable growth and operational enhancement.

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FirstEnergy Corp. engages in the generation, transmission, and distribution of electricity, energy management and other energy-related services through its subsidiaries. It operates through the following business segments: Regulated Distribution, Regulated Transmission, and Corporate or Other. The Regulated Distribution segment distributes electricity through FirstEnergy's utility operating companies, serving various customers. The Regulated Transmission segment transmits electricity through transmission facilities owned and operated by FirstEnergy's utilities. The Corporate or Other segment reflects corporate support and other costs not charged or attributable to the utilities or transmission companies. The company was founded in 1996 and is headquartered in Akron, OH.

Penn Power work will help prevent or minimize outages for more than 15,000 customers NEW CASTLE, Pa. , Oct. 9, 2023 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiary Penn Power has completed an expansion of its smart grid in Mercer County to reinforce the local power system and help prevent lengthy service disruptions, especially during severe weather.

Western Pennsylvania Electric Grid Stronger and More Resilient Following Smart Enhancements

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Subscribers to  Chart of the Week  received this commentary on Sunday, October 1.

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Xcel Energy

The crisis-like selloff in the utilities sector, resulting from the spike in interest rates, has created historically attractive buying opportunities for a number of stocks, KeyBanc Capital's Sophie Karp wrote.

‘Close your eyes and buy' these utilities stocks, analyst says

2023 tabletop drill familiarizes employees with storm roles and processes ERIE, Pa. , Oct. 2, 2023 /PRNewswire/ -- Penelec, a subsidiary of FirstEnergy Corp. (NYSE: FE), recently completed its annual emergency preparation drill focused on testing its storm restoration process in the event severe weather causes outages throughout its vast and heavily forested service area.

Penelec Conducts Annual Storm Restoration Drill to Help Employees Prepare for Severe Weather Events

VeriSign

We believe FirstEnergy stock (NYSE: FE), an Ohio-based electric utility company, is a better pick than Verisign stock (NASDAQ: VRSN), given its better prospects.

Is FirstEnergy A Better Pick Than Verisign Stock?

FirstEnergy (FE) continues to increase shareholders value, as its board of directors approves a 5% quarterly dividend hike.

FirstEnergy (FE) Rewards Shareholders With 5% Dividend Hike

Illumina

As the market continues to juggle high interest rates and inflation and the third quarter prepares to come to a close later this week, a couple stocks in Carl Icahn (Trades, Portfolio)'s equity portfolio have retreated near their 52-week lows.

2 of Carl Icahn's Holdings Approach 52-Week Lows

Quarterly payment increases 5% to $0.41 per share  AKRON, Ohio , Sept. 26, 2023 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE: FE) today declared a quarterly dividend of $0.41 per share of outstanding common stock payable December 1, 2023, to shareholders of record at the close of business on November 7, 2023.

FirstEnergy Corp. Declares Increased Common Stock Dividend

HOLMDEL, N.J. , Sept. 26, 2023 /PRNewswire/ -- Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has completed its annual emergency preparation drill focused on testing its storm restoration process in the event severe weather causes outages throughout its 13-county service area this winter season.

JCP&L Conducts Annual Storm Restoration Exercise to Prepare for Winter Storm Season

FirstEnergy's (FE) subsidiary Jersey Central Power & Light is set to further enhance service reliability by upgrading two miles of a high-voltage power line in Monmouth County.

FirstEnergy's (FE) Unit to Enhance Power Line in Monmouth County

New poles, wires and equipment to benefit 17,000 customers HOLMDEL, N.J. , Sept. 20, 2023 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has begun upgrading two miles of a high-voltage power line in Monmouth County to help prevent or minimize the impact of service disruptions for more than 17,000 customers in the region.

JCP&L Upgrading Transmission Power Line in Monmouth County

CRA International

BOSTON--(BUSINESS WIRE)--CRA International, Inc. (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that an auction process will be conducted for FirstEnergy Corp.'s (NYSE: FE) Pennsylvania utilities — Metropolitan Edison Company (“Met-Ed”), Pennsylvania Electric Company (“Penelec”), Pennsylvania Power Company (“Penn Power”) and West Penn Power Company (“West Penn Power”) — to procure full requirements Default Supply generati.

FirstEnergy's Pennsylvania Default Service Program DSP-VI Auction: Information Session for Prospective Bidders on Wednesday, September 20, 2023

Consolidated Water

Vistra Energy

Utilities Select Sector SPDR Fund

Based on seasonality studies, the stock market is entering the weakest period of the year. The second half of September through the first week of October has historically been a particularly challenging period to own stocks.

Smart Money Rotations: 3 Top Ranked Utilities Stocks to get Defensive

FirstEnergy (FE) makes a strong case for investment, given its growth prospects, strong ROE and increase in earnings estimates.

Here's Why You Should Add FirstEnergy (FE) to Your Portfolio Now

Sempra Energy

While utilities stocks might not be the most exciting investment category, they do offer one cynical benefit. When people flip the switch, they expect the lights to turn on.

The 3 Most Undervalued Utilities Stocks to Buy in September 2023

Atmos Energy

J & J Snack Foods

PepsiCo

PNM Resources

Defensive stocks like FirstEnergy Corp. (FE), PNM Resources, Inc. (PNM), PepsiCo, Inc. (PEP), Atmos Energy Corporation (ATO) and J&J Snack Foods Corp. (JJSF) are a safe bet during these times of economic uncertainties.

5 Safe Stocks to Buy as Inflation Comes in Hotter Than Expected

Job creation and third-party capital investment are key measurements AKRON, Ohio , Sept. 13, 2023 /PRNewswire/ -- For the fifth year in a row, FirstEnergy Corp. (NYSE: FE) has been named by Site Selection magazine as one of the nation's leading utilities in promoting economic development, helping to attract more than 12,000 new jobs and $7.3 billion in third-party corporate facility investment in its six-state service area in 2022.

FirstEnergy Named Top Utility for Economic Development by Site Selection Magazine for Fifth Year in a Row

FirstEnergy's (FE) subsidiaries Mon Power and Potomac Edison start construction on two projects to improve wastewater treatment process and create less wastewater.

FirstEnergy's (FE) Units to Enhance Wastewater Treatment Process

New poles and wires to strengthen regional transmission system AKRON, Ohio , Sept. 11, 2023 /PRNewswire/ -- American Transmission Systems, Inc. (ATSI), a subsidiary of FirstEnergy Corp. (NYSE: FE), has begun upgrading four miles of a high-voltage transmission power line in Portage County, Ohio, a project that will strengthen the regional transmission system and enhance service reliability for nearly 2,000 Ohio Edison customers.

FirstEnergy Upgrading Transmission Line in Portage County

Video and soundbites explaining the environmental upgrades are available for download FAIRMONT, W.V., Sept. 11, 2023 /PRNewswire/ -- As a part of their commitment to minimizing the environmental impact of operations, FirstEnergy (NYSE: FE) subsidiaries Mon Power and Potomac Edison have begun construction on two projects that will improve the wastewater treatment process at the companies' regulated power plants in West Virginia.

Mon Power and Potomac Edison Improve Wastewater Treatment Process at West Virginia Power Plants

FirstEnergy's (FE) subsidiary American Transmission Systems starts upgrading 20 miles of a high-voltage power line in the Ohio region to further improve the overall system???s performance.

FirstEnergy's (FE) Arm to Boost Transmission Line in Eastern Ohio

MORRISTOWN, N.J., Sept. 8, 2023 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiary Jersey Central Power & Light (JCP&L) is teaming with New Jersey Natural Gas (NJNG) and other community organizations to host Energy Assistance Days in local communities.

JCP&L Joining with Community Agencies for Energy Assistance Days to Help Customers Pay Utility Bills

Project is part of larger 64-mile line rebuild to enhance reliability AKRON, Ohio , Sept. 7, 2023 /PRNewswire/ -- American Transmission Systems, Inc. (ATSI), a subsidiary of FirstEnergy Corp. (NYSE: FE), has begun upgrading 20 miles of a high-voltage power line in Belmont and Harrison counties in Ohio to strengthen the regional transmission system.

FirstEnergy Begins Upgrade of 20-Mile Transmission Line in Eastern Ohio

FirstEnergy's (FE) subsidiaries Mon Power and Potomac Edison receive approval to construct three solar projects in West Virginia that is in sync with FE's clean energy commitments.

FirstEnergy's (FE) Units to Build Three Solar Energy Sites

FirstEnergy (FE) reported earnings 30 days ago. What's next for the stock?

News for FirstEnergy Stock (FE)