Revenue segments as reported by the company.

Distribution services and retail generation

Transmission

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

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

Fuel

Purchased power

Other operating expenses

Provision for depreciation

Amortization (deferral) of regulatory assets, net

General taxes

DPA penalty

Gain on sale of Yards Creek

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

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.

Outstanding Shares

Market Cap

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

Revenue Multiple

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

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

FirstEnergy's (FE) solid residential customer base, capital activities to develop infrastructure and its focus on reducing emissions are likely to boost its existing operations.

FirstEnergy's (FE) Capex & Clean Energy Goals Augur Well

Goldman Sachs

Icahn Enterprises

JPMorgan Chase & Co

Cheniere Energy

UBS Group AG

December is when analysts and banks issue their extensive stock market outlook and winning stocks for the new year. The post Stock Market Crash Coming?

Stock Market Crash Coming? 7 Wall Street Pros Make Their Predictions

DEFIANCE, Ohio, Dec. 21, 2021 /PRNewswire/ -- The FirstEnergy Foundation presented a surprise $10,000 "Gift of the Season" to Ravens Care in Defiance, Ohio, to support programs that provide emergency assistance to families in need across Defiance County. The gift was presented to a deserving organization within the Toledo Edison service area as part of the Foundation's annual holiday "Gifts of the Season" campaign.

FirstEnergy Foundation Presents $10,000 "Gift of the Season" to Ravens Care in Toledo Edison's Service Area

AKRON, Ohio, Dec. 17, 2021 /PRNewswire/ -- The FirstEnergy Foundation has granted surprise $5,000 "Gifts of the Season" to two local nonprofit agencies that are working to make lives better in communities within Ohio Edison's service area. The recipients of this year's gifts are MARCA Industries Inc. in Marion, Marion County, and Ability Works Inc. in Sandusky, Erie County – two organizations that provide support services to individuals with disabilities and promote inclusivity within their communities.

FirstEnergy Foundation Presents "Gifts of the Season" to Local Charitable Organizations Within Ohio Edison Service Area

FAIRMONT, W.Va., Dec. 17, 2021 /PRNewswire/ -- Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE: FE), have applied to the Public Service Commission of West Virginia for approval to undertake a multi-year environmental compliance program at the companies' two regulated power plants, Fort Martin Power Station in Maidsville and Harrison Power Station in Haywood.

Mon Power and Potomac Edison Propose Environmental Compliance Program for Power Plants

American Electric Power Company

American Water Works

CenterPoint Energy

California Water Service Group

Dominion Energy

Dominion Energy Inc - Units - 2019 Series A

Duke Energy

Con Ed

Edison

Eversource Energy

Entergy

Exelon

Hawaiian Electric Industries

NextEra Energy

NRG Energy

Northwest Natural Gas

OGE Energy

Public Service Enterprise Group

Pinnacle West Capital

Invesco S&P 500 Equal Weight Utilities ETF

Southern Company

Southern Co 5.25 % Notes 2017-01.12.77 Global Series 2017B

Spire

The less overvalued subsector is gas utilities.

VPU: Utilities Dashboard For December

FirstEnergy (FE) to introduce electric bucket trucks on the roads of New Jersey soon. The move is inline with its clean-energy mission.

FirstEnergy (FE) to Bring Electric Bucket Trucks on Road

AKRON, Ohio, Dec. 15, 2021 /PRNewswire/ -- As part of FirstEnergy Corp.'s (NYSE: FE) efforts to reduce greenhouse gas (GHG) emissions, the first cleaner-powered hybrid electric bucket trucks in its vehicle fleet will be on the road soon, helping to provide reliable electric service to Jersey Central Power & Light (JCP&L) customers in New Jersey. A total of five new hybrid electric bucket trucks are receiving final inspections at JCP&L line shops – three in Flemington and one each in Washington and Newton.

FirstEnergy Adds Cleaner-Powered Hybrid Electric Bucket Trucks to Help Reduce Greenhouse Gas Emissions

READING, Pa., Dec. 15, 2021 /PRNewswire/ -- FirstEnergy Corp.'s (NYSE: FE) Metropolitan Edison (Met-Ed), Pennsylvania Electric (Penelec), Pennsylvania Power (Penn Power), and West Penn Power (West Penn) utility companies have filed plans with the Pennsylvania Public Utility Commission (PaPUC) to procure electric generation supply beginning June 2023 for customers who choose not to shop with alternate suppliers.

FirstEnergy Pennsylvania Utilities File Plans to Purchase Electric Generation Supply Beginning in 2023

AKRON, Ohio, Dec. 14, 2021 /PRNewswire/ -- As part of its efforts to advance new technologies that will benefit customers and address climate change, FirstEnergy Corp. (NYSE: FE) today announced an incremental investment in global venture capital firm Energy Impact Partners' (EIP) Fund II. Through this and other funds, EIP brings leading utility, energy, real-estate and industrial companies together with sustainable energy entrepreneurs to help finance, develop and deploy technologies to lead the transition to a sustainable future.

FirstEnergy Invests in Venture Capital Fund to Help Advance Sustainable Energy Innovation

AKRON, Ohio, Nov. 30, 2021 /PRNewswire/ -- FirstEnergy Corp.'s (NYSE:FE) annual "Merry & Bright" Holiday Lights Sweepstakes is back, and utility customers are once again invited to show off their best and brightest outdoor holiday lighting displays for the chance to win a weekly prize. Customers can submit a photo or video of their outdoor lighting displays on their respective electric company's Facebook® page until Friday, Dec. 17.

FirstEnergy Utilities Invite Customers to Enter Holiday Lights Sweepstakes

FirstEnergy's (FE) units undergo inspection and maintenance work to check the infrastructure. These will help it ensure a steady flow of electricity during extreme winter conditions.

FirstEnergy (FE) Maintains Infrastructure to be Winter-Ready

HOLMDEL, N.J., Nov. 22, 2021 /PRNewswire/ -- Ahead of the cold winter months, Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), is conducting inspections and completing equipment maintenance across its 3,200-square-mile service area to enhance service reliability for customers while they rely on power to stay safe and comfortable.

JCP&L Prepares System, Equipment for Winter Weather

AKRON, Ohio, Nov. 22, 2021 /PRNewswire/ -- With the cold-weather months expected to produce higher electric use, FirstEnergy Corp.'s (NYSE: FE) Ohio utilities – Ohio Edison, The Illuminating Company and Toledo Edison – recently completed inspections and conducted equipment maintenance to help enhance service reliability for customers while they rely on power to stay safe and comfortable.   "Completing inspections and equipment maintenance now can help enhance system resiliency to keep power flowing to customers when severe winter weather strikes," said Ed Shuttleworth, president of FirstEnergy's Ohio operations.

FirstEnergy's Ohio Utilities Complete Inspections and Maintenance to Help Enhance Service Reliability for Customers Through Winter Season

WILLIAMSPORT, Md., Nov. 22, 2021 /PRNewswire/ -- With cold winter months ahead, Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), is conducting inspections and maintenance to help enhance service reliability and keep power flowing to customers in its Maryland and West Virginia service areas.

Potomac Edison Prepares for Winter Weather

FAIRMONT, W.Va., Nov. 22, 2021 /PRNewswire/ -- To help keep power flowing to customers during the cold winter months, Mon Power, a subsidiary of FirstEnergy Corp. (NYSE: FE), is conducting inspections and maintenance to help enhance service reliability in its West Virginia service area.

Mon Power Prepares for Winter Weather

FAIRMONT, W.V., Nov. 22, 2021 /PRNewswire/ -- Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE: FE), have submitted an application to the Public Service Commission of West Virginia for approval to build five utility-scale solar energy projects throughout the companies' West Virginia service territory.

Mon Power and Potomac Edison Propose Solar Energy Projects in West Virginia

AKRON, Ohio, Nov. 16, 2021 /PRNewswire/ -- As temperatures fall, FirstEnergy Corp. (NYSE:FE) customers can take steps to manage their energy use while keeping warm. Cool temperatures can often lead to rising energy usage for customers as the need for heat increases and HVAC systems strain to keep up with higher demand.

FirstEnergy Prepares Customers for Winter Cold with Energy Efficiency Tips

AKRON, Ohio, Nov. 15, 2021 /PRNewswire/ -- With higher fuel costs expected to influence energy rates this winter, FirstEnergy Corp. (NYSE: FE) is encouraging customers of its utility companies in Ohio, Pennsylvania, New Jersey and Maryland to evaluate electric supply deals that fit their budget and protect against rising energy prices. The price of natural gas – which makes up the largest share of U.S. electricity generation – has been rising in recent months due to low inventory levels and continuing demand.

FirstEnergy Encourages Customers to Shop for Best Energy Deals as Fuel Costs Rise

READING, Pa., Nov. 15, 2021 /PRNewswire/ -- Met-Ed, a subsidiary of FirstEnergy Corp. (NYSE: FE), recently completed its yearly emergency preparation drill focused on testing its storm restoration process in the event severe weather causes widespread outages throughout its service area.

Met-Ed Conducts Annual Storm Restoration Drill to Help Employees Prepare for Real-Life Events

The utility is still giving millions to lobby lawmakers — a bit cringeworthy, given the circumstances.

Paying Bribes Got FirstEnergy In Trouble, But It Is Still Making Political Donations — And Amends

FAIRMONT, W.Va., Nov. 12, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) recently donated 1,000 trees to the Watters Smith Memorial State Park in Harrison County, and employees from its Mon Power electric company planted the trees at the 532-acre historical park over two days in early November.

Mon Power Plants 1,000 Trees at Watters Smith Memorial State Park

AKRON, Ohio, Nov. 10, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has selected South Euclid as the recipient of a professionally designed light display in the company's first "Light Up Holiday Smiles with FirstEnergy" program. The initiative is helping make the season brighter and merrier with the gift of holiday lights for a deserving northeast Ohio community.

FirstEnergy to Brighten Northeast Ohio Community with Holiday Lights Display

FirstEnergy's (FE) $3.4 billion-equity financing plans will strengthen its capital position. The company provides guidance for 2022 earnings and announces its capital plan for the same period.

FirstEnergy (FE) Announces Financing & 5-Year Capital Plans

FirstEnergy Corp. FE, +0.69% shares rose 1.9% in premarket trades on Monday after the company said it secured two strategic financings that will raise a combined $3.4 billion in equity proceeds. FirstEnergy agreed to issue $1 billion of common equity to Blackstone Infrastructure Partners at $39.08 per share.

News for FirstEnergy Stock (FE)