FirstEnergy Corp. (FE)
Summary
Will Revenue Improvement Strengthen FirstEnergy's Long-Term Outlook?
FE's rising revenues, data-center demand and $36B Energize365 plan support rate-base expansion and long-term earnings growth.
Why Is FirstEnergy (FE) Down 4.9% Since Last Earnings Report?
FirstEnergy (FE) reported earnings 30 days ago. What's next for the stock?
FirstEnergy Q2 Earnings Call Highlights
FirstEnergy NYSE: FE reaffirmed its 2026 earnings and capital-spending outlook as the utility reported second-quarter results in line with its plan and highlighted growing electricity demand from data centers across its service territory.
FirstEnergy Corp. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 10,350 | $492,039 | $500,422.5 | $8,383.5 | 1.7% |
 Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 2,028 | $84,136.72 | $97,972.68 | $13,835.96 | 16.44% |
| LC Lisa Candera CIGNA INVESTMENTS Inc. /NEW | 5,132 | $188,960.35 | $247,926.92 | $58,966.57 | 31.21% |
 Curtis Ellergodt Rothschild Investment LLC | 1,034 | $43,155.32 | $48,980.58 | $5,825.26 | 13.5% |
| BN Beth Nauman UNIVEST FINANCIAL Corp. | 4,824 | $229,333 | $228,971.16 | -$361.84 | -0.16% |
FirstEnergy Corp. (FE) FAQ
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FirstEnergy Corp. Profile
| Electric Utilities Industry | Utilities Sector | Brian X. Tierney CEO | NYSE Exchange | 337932107 CUSIP |
| US Country | 11,186 Employees | 7 Aug 2026 Last Dividend | 4 Apr 2003 Last Split | 10 Nov 1997 IPO Date |
Overview
FirstEnergy Corp., established in 1996 with its headquarters in Akron, Ohio, is a powerful player in the United States electricity market. The company, through its subsidiaries, is engaged in the generation, transmission, and distribution of electricity. It operates across various states including Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York, catering to approximately 6 million customers. Its operations are segmented into Regulated Distribution and Regulated Transmission, allowing the company to manage its extensive network efficiently. FirstEnergy stands out for its diversified energy production portfolio, including coal-fired, nuclear, hydroelectric, wind, and solar power generating facilities, showcasing the company's commitment to serving its vast customer base with a mix of energy sources.
Products and Services
- Electricity Generation
FirstEnergy generates electricity using a diverse mix of sources. These include coal-fired, nuclear, hydroelectric, wind, and solar power generating facilities. This diversification ensures a reliable supply of electricity while also incorporating renewable and clean energy sources.
- Electricity Transmission
The company owns and operates approximately 24,080 circuit miles of overhead and underground transmission lines. These high-voltage lines are crucial for transporting electricity from power plants to substations before it is distributed to customers.
- Electricity Distribution
FirstEnergy's distribution network includes about 274,518 miles of overhead pole line and underground conduit. This network carries primary, secondary, and street lighting circuits, ensuring electricity reaches homes, businesses, and public spaces in the communities it serves.
