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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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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

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q4 2024

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.

Reports third quarter 2022 GAAP earnings of $0.58 per share and operating (non-GAAP) earnings of $0.79 per share, at top end of guidance range Updates full-year GAAP guidance; affirms 2022 operating guidance with expected performance in the upper half of the range AKRON, Ohio , Oct. 25, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today reported third quarter 2022 GAAP earnings of $334 million, or $0.58 per basic and diluted share, on revenue of $3.5 billion. In the third quarter of 2021, the company reported GAAP earnings of $463 million, or $0.85 per basic and diluted share, on revenue of $3.1 billion.

FirstEnergy Announces Third Quarter 2022 Financial Results

Hawkins to succeed David Karafa, who is retiring after 40 years with FirstEnergy AKRON, Ohio , Oct. 25, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that John Hawkins has been named vice president of Operations Support, effective Oct. 24. He will report to Sam Belcher, FirstEnergy senior vice president of Operations.

FirstEnergy Names John Hawkins Vice President of Operations Support

FirstEnergy's (FE) third-quarter earnings are expected to be better than expected due to strong demand from customers.

FirstEnergy (FE) to Report Q3 Earnings: What's in the Offing?

Company has donated nearly 5,000 trees to Cleveland Metroparks since 2021 CLEVELAND , Oct. 19, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) is coordinating with Cleveland Metroparks to donate and plant nearly 1,000 trees at the Euclid Creek Reservation this month. A variety of potted hardwood trees will be planted by employees of FirstEnergy during tree-planting events on Oct. 21 and Oct. 27.

FirstEnergy to Donate, Plant Nearly 1,000 Trees at Cleveland Metroparks Euclid Creek Reservation in October

FirstEnergy (FE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

FirstEnergy (FE) Expected to Beat Earnings Estimates: Should You Buy?

AKRON, Ohio , Oct. 17, 2022 /PRNewswire/ -- As Halloween nears, FirstEnergy Corp. (NYSE: FE) reminds the public to keep safety top of mind as they decorate their homes and partake in seasonal festivities. Celebrating responsibly will help keep people of all ages safe and the electricity flowing reliably this season.

FirstEnergy Reminds Customers to Stay Safe This Halloween Season

READING, Pa. , Oct. 17, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) is issuing a Request for Proposal (RFP) to enter into long-term solar power purchase agreements (PPAs) on behalf of four FirstEnergy Pennsylvania utilities – Pennsylvania Power Company (Penn Power), Pennsylvania Electric Company (Penelec), Metropolitan Edison Company (Met-Ed) and West Penn Power Company (West Penn).

FirstEnergy Pennsylvania Utilities Launch Request for Long-Term Solar PPA

FE is offering a 4.3% dividend, with a material margin of safety. FE is trading at a lower price-to-earnings ratio than the median utility stock.

The 4.3% Dividend Of FirstEnergy Is Less Attractive Than It Seems

AKRON, Ohio , Oct. 10, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today issued a Request for Proposal (RFP) to purchase Ohio-compliant Renewable Energy Credits (RECs) for its Ohio utilities – Ohio Edison, The Illuminating Company and Toledo Edison. The purchases will help meet the companies' 2022 renewable energy targets established under Ohio's alternative energy law.

FirstEnergy Ohio Utilities Launch Request for Proposal for 2022 Renewable Energy Credits

Plan filed to build on project's success through second phase of smart grid technology investments ASHTABULA, Ohio , Oct. 6, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) electric companies Ohio Edison and The Illuminating Company are completing smart grid upgrades across Ashtabula County to help prevent or minimize the length of service disruptions, particularly during severe weather. The work includes installation of new, automated equipment and technology in substations and along power lines serving nearly 18,000 customers in parts of Ashtabula, Austinburg, Andover, Geneva and nearby areas.

Ohio Edison, The Illuminating Company Complete Three-Year Grid Modernization Project in Ashtabula County

Plan filed to build on project's success through second phase of smart grid technology investments CLEVELAND , Oct. 6, 2022 /PRNewswire/ -- The Illuminating Company, a FirstEnergy Corp. (NYSE: FE) subsidiary, is wrapping up smart grid upgrades across greater Cleveland to help prevent or minimize the length of service disruptions, particularly during severe weather. The work includes installation of new, automated equipment and technology in substations and along power lines serving more than 76,000 customers in parts of Cleveland, Independence, Bedford, Beachwood, Solon and nearby areas.

The Illuminating Company Completing Enhancement of Greater Cleveland Power System Through Three-Year Grid Modernization Project

FirstEnergy's (FE) unit, Potomac Edison, is set to build a high-voltage transmission substation at the Quantum Loophole campus to ensure a reliable power supply at the data center.

FirstEnergy (FE) Plans Transmission Substation in Frederick

FirstEnergy donating 650 trees as part of larger environmental initiative WILLIAMSPORT, Md. , Oct. 5, 2022 /PRNewswire/ -- Employee volunteers from Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), will be planting 650 trees at planting events throughout the company's Maryland service area during the month of October.

Potomac Edison Hosts Tree Planting Events in October

New transmission project will support first phase of Quantum Frederick WILLIAMSPORT, Md. , Oct. 3, 2022 /PRNewswire/ -- Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), has begun planning a new high-voltage transmission substation that will provide power for the first phase of Quantum Frederick, Quantum Loophole's 2,100-acre data center campus under development in Frederick, Maryland.

Potomac Edison Planning to Build New Substation at Frederick Data Campus

Event is part of company goal to plant 20,000 trees in 2022 FAIRMONT, W.Va. , Sept. 30, 2022 /PRNewswire/ -- As part of its commitment to building a brighter and more sustainable future for the communities it serves, FirstEnergy Corp. (NYSE: FE) will be giving away 1,500 trees at the 2022 Mountain State Forest Festival in Elkins, West Virginia.

FirstEnergy to Give Away 1,500 Trees at Mountain State Forest Festival

FirstEnergy's (FE) subsidiary, Potomac Edison, uses helicopter services to trim trees and maintain transmission lines, reducing the frequency of tree-related power outages.

FirstEnergy's (FE) Unit Uses Aerial Crew for Tree Trimming

Work includes trimming along more than 180 miles of high-voltage power lines in Maryland, West Virginia and Virginia WILLIAMSPORT, Md. , Sept. 29, 2022 /PRNewswire/ -- Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), is using a helicopter equipped with an aerial saw to trim trees and maintain proper clearances along 17 difficult-to-access transmission line corridors in Maryland, West Virginia and Virginia.

Potomac Edison Using Aerial Saw to Trim Trees in Rural Areas

FirstEnergy (FE) is poised for growth with consistent investments, proper debt management and initiatives for lowering emissions. However, unfavorable weather and regulations are headwinds.

FirstEnergy (FE) Gains on Investment Amid Aging Infrastructure

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-V and DSP-VI Auctions: Information Session for Prospective Bidders on Wednesday, September 28, 2022

Comprehensive protection system helps prevent the endangered species from resting or nesting on energized power equipment MORRISTOWN, N.J. , Sept. 21, 2022 /PRNewswire/ -- To safeguard New Jersey's bald eagle population, Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has installed protective devices on electrical equipment in areas near known bald eagle nests in Hamburg Township and near Culver Lake (Frankford), both in Sussex County.

JCP&L Installs Guards to Protect New Jersey Bald Eagles

Microsoft

Pentair

ServisFirst Bancshares

Daily Dividend Report: Microsoft, TJX Companies, Pentair, FirstEnergy, ServisFirst Bancshares

FirstEnergy's (FE) unit, The Illuminating Company, finishes the tree-trimming project and invests in infrastructure maintenance and upgrade that lowers the frequency of power outages during winter.

FirstEnergy's (FE) Unit Ends Tree-Trimming Project for Winter

President and Chief Executive Officer Steven E. Strah to Retire John W.

FirstEnergy Announces CEO Transition

CLEVELAND , Sept. 14, 2022 /PRNewswire/ -- The Illuminating Company, a FirstEnergy Corp. (NYSE: FE) subsidiary, has completed a complex $3 million tree-trimming project along nearly 100 power lines in the City of Cleveland to help enhance electric service reliability for more than 25,000 customers during the upcoming winter storm season.

The Illuminating Company Completes $3 Million Tree-Trimming Project to Help Minimize Weather-Related Power Outages in Cleveland

Job creation and third-party capital investment are key measurements AKRON, Ohio , Sept. 13, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has been named by Site Selection magazine as one of the nation's leading utilities in promoting economic development for the fourth year in a row, helping to attract nearly 22,000 new jobs and $5.4 billion in third-party corporate facility investment in its six-state service area in 2021.

News for FirstEnergy Stock (FE)