FirstEnergy Corp

FE- P/E Ratio:21.6- Price:46.3- Market Cap.:$25.1b

Sector
Utilities
Industry Category
Utilities
Industry Group
Electric Utilities
Employees
12,494
Website
www.firstenergycorp.com
Competitors
  1. NextEra Energy Inc
  2. Dominion Energy Inc
  3. Southern Company
  4. Duke Energy Corp.
  5. American Electric Power Company Inc.

FirstEnergy Corp. operates as a diversified energy company.

It 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 segments: Regulated Distribution, Regulated Transmission, and Competitive Energy Services (CES). The Regulated Distribution segment distributes electricity through FirstEnergy's utility operating companies, serving various customers within Ohio, Pennsylvania, West Virginia, Maryland, New Jersey and New York. The Regulated Transmission segment transmits electricity through transmission facilities owned and operated by FirstEnergy's utilities and the regulatory assets. The CES segment supplies electricity to end-use customers through retail and wholesale arrangements, including competitive retail sales to customers primarily in Ohio, Pennsylvania, Illinois, Michigan, New Jersey and Maryland, and the provision of partial POLR and default service for some utilities in Ohio, Pennsylvania and Maryland, including the utilities. The company was founded in 1996 and is headquartered in Akron, OH.


Latest News

FirstEnergy Selects Aria Systems’ Billing and Monetization Platform for Its New eCommerce Initiative, FirstEnergy Home

Aria Systems, the leader in helping enterprises grow subscription- and usage-based revenue, today announced that FirstEnergy Corp. (NYSE: FE), a Fortune 500, Akron-based public utility serving six states, has selected Aria’s cloud billing platform to support …

Sys-con.com - 11/12/2019, 2:11:45 PM
FirstEnergy Selects Aria Systems’ Billing and Monetization Platform for Its New eCommerce Initiative, FirstEnergy Home

Aria Systems, the leader in helping enterprises grow subscription- and usage-based revenue, today announced that FirstEnergy Corp. (NYSE: FE), a Fortune 500, Akron-based public utility serving six states, has selected Aria’s cloud billing platform to support …

Sys-con.com - 11/12/2019, 2:11:45 PM
FirstEnergy Selects Aria Systems’ Billing and Monetization Platform for Its New eCommerce Initiative, FirstEnergy Home

SAN FRANCISCO--(BUSINESS WIRE)--Aria Systems, the leader in helping enterprises grow subscription- and usage-based revenue, today announced that FirstEnergy Corp. (NYSE: FE), a Fortune 500, Akron-based public utility serving six states, has selected Aria’s cl…

Businesswire.com - 11/12/2019, 2:08:12 PM
FirstEnergy Provides Financial Outlook, Information for Investors

AKRON, Ohio, Nov. 8, 2019 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today provided investors an extended growth outlook through 2023 and launched two reports outlining the company's five-year vision and strategy as well as progress on environmental, social…

Prnewswire.com - 11/8/2019, 9:30:00 PM
FirstEnergy Provides Financial Outlook, Information for Investors

AKRON, Ohio, Nov. 8, 2019 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today provided investors an extended growth outlook through 2023 and launched two reports outlining the company's five-year vision and strategy as well as progress on environmental, social…

Prnewswire.com - 11/8/2019, 9:30:00 PM
Oracle Honors Excellence in Construction and Engineering

REDWOOD SHORES, Calif., Nov. 5, 2019 /PRNewswire/ -- Oracle is today recognizing those Americas customers who are charting new paths and reimagining the building industry through technology with the 2019 Oracle Construction and Engineering Excellence Awards. …

Prnewswire.com - 11/5/2019, 1:00:00 PM
FirstEnergy Announces Third Quarter 2019 Financial Results

AKRON, Ohio, Nov. 4, 2019 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today reported third quarter 2019 GAAP earnings of $391 million or $0.73 per basic share ($0.72 diluted), on revenues of $3 billion. GAAP results include the impact of special items listed…

Prnewswire.com - 11/4/2019, 11:30:00 AM
FirstEnergy Announces Third Quarter 2019 Financial Results

AKRON, Ohio, Nov. 4, 2019 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today reported third quarter 2019 GAAP earnings of $391 million or $0.73 per basic share ($0.72 diluted), on revenues of $3 billion. GAAP results include the impact of special items listed…

Prnewswire.com - 11/4/2019, 11:30:00 AM
FirstEnergy Crews Making Repairs Following Widespread Rain and Windstorm

AKRON, Ohio, Nov. 1, 2019 /PRNewswire/ -- Service has been restored to more than 222,500 FirstEnergy Corp. (NYSE: FE) customers who lost power due to powerful rain and windstorms that swept across the region on Halloween. Long periods of heavy rain, totaling …

Prnewswire.com - 11/1/2019, 5:35:00 PM
FirstEnergy Crews Making Repairs Following Widespread Rain and Windstorm

AKRON, Ohio, Nov. 1, 2019 /PRNewswire/ -- Service has been restored to more than 222,500 FirstEnergy Corp. (NYSE: FE) customers who lost power due to powerful rain and windstorms that swept across the region on Halloween. Long periods of heavy rain, totaling …

Prnewswire.com - 11/1/2019, 5:35:00 PM
New Potomac Edison Substation Will Enhance Service Reliability in Northern Frederick County

WILLIAMSPORT, Md., Oct. 31, 2019 /PRNewswire/ -- Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), is nearing completion of a new substation and additional distribution circuits that will help enhance service reliability for customers in northern …

Prnewswire.com - 10/31/2019, 3:23:00 PM
FirstEnergy Continues Commitment to Downtown Akron by Extending Lease at Corporate Headquarters

AKRON, Ohio, Oct. 30, 2019 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) announced that it has signed a 10-year lease extension for its 19-story downtown headquarters, reaffirming its commitment to the city it has called home for over 100 years. The lease exte…

Prnewswire.com - 10/30/2019, 3:00:00 PM
FirstEnergy Partners with Stark State College and The University of Akron to Offer On-Site Higher Learning for Customer Service Employees

AKRON, Ohio, Oct. 29, 2019 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has developed a new education program in conjunction with Stark State College and The University of Akron (UA) where instructors from both educational institutions will teach on-site at c…

Prnewswire.com - 10/29/2019, 9:00:00 PM
FirstEnergy Partners with Stark State College and The University of Akron to Offer On-Site Higher Learning for Customer Service Employees

AKRON, Ohio, Oct. 29, 2019 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has developed a new education program in conjunction with Stark State College and The University of Akron (UA) where instructors from both educational institutions will teach on-site at c…

Prnewswire.com - 10/29/2019, 9:00:00 PM
Penn Power Installing New Interior Substation Fencing to Prevent Outages, Keep Animals Safe

NEW CASTLE, Pa., Oct. 24, 2019 /PRNewswire/ -- The Pennsylvania Power Company (Penn Power) is installing new interior fencing in two Mercer County substations to help deter climbing animals and protect against electrical equipment interference that can cause …

Prnewswire.com - 10/24/2019, 4:53:00 PM
Ohio’s Nuclear and Coal Bailout Bill Survives Court Challenge

An effort to overturn Ohio’s controversial nuclear bailout law via voter referendum siffered a setback this week, after a federal judge denied the group's request for more time to collect signatures to put it before state voters next year. In a late Wednesday…

Greentechmedia.com - 10/24/2019, 1:13:13 PM
JCP&L Supports Clean Ocean Action's Annual Fall Beach Sweeps

MORRISTOWN, N.J., Oct. 23, 2019 /PRNewswire/ -- Jersey Central Power & Light (JCP&L) is helping to keep New Jersey's beaches clean by sponsoring the Clean Ocean Action's (COA) Fall 2019 Beach Sweeps on October 26 at beaches in Monmouth and Ocean Counties. JCP…

Prnewswire.com - 10/23/2019, 1:44:00 PM
FirstEnergy to Webcast Third Quarter Earnings Teleconference

AKRON, Ohio, Oct. 22, 2019 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) will release financial results for the third quarter of 2019 before markets open on Monday, November 4. These results will be discussed by FirstEnergy management during a conference call …

Prnewswire.com - 10/22/2019, 3:00:00 PM
JCP&L Named to New Jersey Sustainable Business Registry

MORRISTOWN, N.J., Oct. 21, 2019 /PRNewswire/ -- Jersey Central Power & Light (JCP&L) has been named to the New Jersey Sustainable Business Registry for its continued focus on environmental awareness and sustainable practices and policies. JCP&L is the only el…

Prnewswire.com - 10/21/2019, 3:23:00 PM
Battenfeld: PAC man Markey pledges one thing, collects another

U.S. Sen. Edward Markey continues to rake in special-interest PAC money and contributions from fossil fuel lobbying firms, despite a pledge to turn down corporate PACs and “dirty” money with a big carbon footprint, records show. The Senate’s sponsor of the Gr…

Bostonherald.com - 10/18/2019, 12:11:50 AM